CONI vs QOWZ

Comparison between GRANITESHARES 2X SHORT COIN DAILY ETF (CONI, ETF) and Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ, ETF).

CONI vs QOWZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CONI(ETF)	QOWZ(ETF)
Net Assets	$13M	$13M
Expense Ratio	N/A	0.39%
Max Drawdown	94.61%	20.43%
Sharpe Ratio	0.15	-0.18
5Y Beta	-3.60	1.08
P/E Ratio	N/A	31.22
Forward P/E	N/A	21.93
PEG Ratio	N/A	0.68
5Y EPS CAGR	N/A	34.70%
Debt to Equity	N/A	-18.69%
P/S Ratio	N/A	5.05
P/B Ratio	N/A	6.73

Net Assets

CONI

$13M

Winner

QOWZ

$13M

Expense Ratio

CONI

N/A

QOWZ

0.39%

Max Drawdown

CONI

94.61%

Winner

QOWZ

20.43%

Sharpe Ratio

Winner

CONI

0.15

QOWZ

-0.18

5Y Beta

Winner

CONI

-3.60

QOWZ

1.08

P/E Ratio

CONI

N/A

QOWZ

31.22

Forward P/E

CONI

N/A

QOWZ

21.93

PEG Ratio

CONI

N/A

QOWZ

0.68

5Y EPS CAGR

CONI

N/A

QOWZ

34.70%

Debt to Equity

CONI

N/A

QOWZ

-18.69%

P/S Ratio

CONI

N/A

QOWZ

5.05

P/B Ratio

CONI

N/A

QOWZ

6.73

CONI vs QOWZ - Historical Returns

Returns include dividend reinvestment.

Period	CONI	QOWZ
1 month	+33.99%	+1.32%
3 months	+6.05%	+0.62%
6 months	+15.19%	-5.82%
1 year	-49.72%	-0.86%
Max(CAGR)	-71.63%	+16.03%

Winner

CONI

+33.99%

QOWZ

+1.32%

Winner

CONI

+6.05%

QOWZ

+0.62%

Winner

CONI

+15.19%

QOWZ

-5.82%

CONI

-49.72%

Winner

QOWZ

-0.86%

Max(CAGR)

CONI

-71.63%

Winner

QOWZ

+16.03%

CONI vs QOWZ - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	CONI	QOWZ
2026	-10.70%	-3.70%
2025	-69.77%	+7.27%
2024	-53.68%	+35.12%
2023	N/A	+6.47%

CONI vs QOWZ Drawdown Comparison

The maximum drawdown for CONI was -94.53%, occurring on Oct 8, 2025. This drawdown has not yet recovered.

The maximum drawdown for QOWZ was -20.36%, occurring on Apr 8, 2025. Recovery took 108 trading sessions.

The current CONI drawdown is -90.09%. The current QOWZ drawdown is -8.17%.

Rank	CONI	QOWZ
#1	-94.53% Sep 6, 2024 - Oct 8, 2025	-20.36% Jan 23, 2025 - Jun 30, 2025
#2	N/A	-17.81% Oct 28, 2025 - Mar 27, 2026
#3	N/A	-8.60% Mar 7, 2024 - Jun 10, 2024
#4	N/A	-7.88% Jul 16, 2024 - Aug 19, 2024
#5	N/A	-5.66% Dec 4, 2024 - Jan 22, 2025
#6	N/A	-5.46% Aug 23, 2024 - Sep 19, 2024
#7	N/A	-3.87% Nov 11, 2024 - Dec 4, 2024
#8	N/A	-3.79% Sep 22, 2025 - Oct 21, 2025
#9	N/A	-3.63% Oct 14, 2024 - Nov 6, 2024
#10	N/A	-3.59% Dec 28, 2023 - Jan 11, 2024
#11	N/A	-3.17% Jul 28, 2025 - Sep 11, 2025
#12	N/A	-2.97% Feb 9, 2024 - Feb 22, 2024
#13	N/A	-2.44% Jun 18, 2024 - Jul 5, 2024
#14	N/A	-1.76% Dec 19, 2023 - Dec 26, 2023
#15	N/A	-1.58% Jul 9, 2025 - Jul 23, 2025

Correlation

Correlation between CONI and QOWZ is -0.68 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.68

-101