CONL vs TOPT

Comparison between GRANITESHARES 2X LONG COIN DAILY ETF (CONL, ETF) and ISHARES TOP 20 U.S. STOCKS ETF (TOPT, ETF).

CONL vs TOPT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	CONL(ETF)	TOPT(ETF)
Net Assets	$583M	$582M
Expense Ratio	N/A	0.20%
Max Drawdown	94.36%	21.30%
Sharpe Ratio	-0.55	1.50
5Y Beta	5.04	1.09
P/E Ratio	N/A	31.90
Forward P/E	N/A	24.71
PEG Ratio	N/A	0.54
5Y EPS CAGR	N/A	37.12%
Debt to Equity	N/A	38.70%
P/S Ratio	N/A	6.80
P/B Ratio	N/A	8.50

Net Assets

Winner

CONL

$583M

TOPT

$582M

Expense Ratio

CONL

N/A

TOPT

0.20%

Max Drawdown

CONL

94.36%

Winner

TOPT

21.30%

Sharpe Ratio

CONL

-0.55

Winner

TOPT

1.50

5Y Beta

CONL

5.04

Winner

TOPT

1.09

P/E Ratio

CONL

N/A

TOPT

31.90

Forward P/E

CONL

N/A

TOPT

24.71

PEG Ratio

CONL

N/A

TOPT

0.54

5Y EPS CAGR

CONL

N/A

TOPT

37.12%

Debt to Equity

CONL

N/A

TOPT

38.70%

P/S Ratio

CONL

N/A

TOPT

6.80

P/B Ratio

CONL

N/A

TOPT

8.50

CONL vs TOPT - Historical Returns

Returns include dividend reinvestment.

Period	CONL	TOPT
1 month	-43.86%	+1.85%
3 months	-52.85%	+9.89%
6 months	-77.43%	+5.59%
1 year	-79.85%	+28.22%
Max(CAGR)	-32.05%	+19.98%

CONL

-43.86%

Winner

TOPT

+1.85%

CONL

-52.85%

Winner

TOPT

+9.89%

CONL

-77.43%

Winner

TOPT

+5.59%

CONL

-79.85%

Winner

TOPT

+28.22%

Max(CAGR)

CONL

-32.05%

Winner

TOPT

+19.98%

CONL vs TOPT - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	CONL	TOPT
2026	-69.96%	+6.60%
2025	-61.26%	+20.76%
2024	+22.14%	+5.03%
2023	+700.47%	N/A
2022	-78.28%	N/A

CONL vs TOPT Drawdown Comparison

The maximum drawdown for CONL was -94.36%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for TOPT was -21.21%, occurring on Apr 8, 2025. Recovery took 124 trading sessions.

The current CONL drawdown is -94.36%. The current TOPT drawdown is -3.81%.

Rank	CONL	TOPT
#1	-94.36% Mar 25, 2024 - Jun 5, 2026	-21.21% Dec 24, 2024 - Jun 26, 2025
#2	-82.62% Aug 10, 2022 - Dec 1, 2023	-13.13% Oct 29, 2025 - Apr 27, 2026
#3	-53.53% Dec 28, 2023 - Feb 16, 2024	-3.81% May 14, 2026 - Jun 5, 2026
#4	-20.98% Mar 8, 2024 - Mar 21, 2024	-3.19% Oct 29, 2024 - Nov 6, 2024
#5	-19.52% Feb 16, 2024 - Feb 26, 2024	-3.16% Dec 16, 2024 - Dec 24, 2024
#6	-10.87% Mar 4, 2024 - Mar 6, 2024	-2.92% Oct 9, 2025 - Oct 24, 2025
#7	-8.76% Dec 8, 2023 - Dec 13, 2023	-2.80% Nov 8, 2024 - Dec 2, 2024
#8	-6.92% Dec 4, 2023 - Dec 8, 2023	-2.54% Aug 14, 2025 - Aug 28, 2025
#9	-5.62% Dec 14, 2023 - Dec 19, 2023	-1.97% Jul 28, 2025 - Aug 6, 2025
#10	-4.45% Mar 21, 2024 - Mar 25, 2024	-1.78% Aug 28, 2025 - Sep 4, 2025
#11	-2.81% Dec 22, 2023 - Dec 27, 2023	-1.51% Sep 22, 2025 - Oct 1, 2025
#12	N/A	-1.05% Jul 3, 2025 - Jul 10, 2025
#13	N/A	-0.88% Jun 30, 2025 - Jul 2, 2025
#14	N/A	-0.60% Dec 11, 2024 - Dec 13, 2024
#15	N/A	-0.55% Sep 4, 2025 - Sep 9, 2025

Correlation

Correlation between CONL and TOPT is -0.39 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.39

-101