HEDG vs CONY

Comparison between EQUABLE SHARES HEDGED EQUITY ETF (HEDG, ETF) and YIELDMAX(R) COIN OPTION INCOME STRATEGY ETF (CONY, ETF).

HEDG vs CONY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HEDG(ETF)	CONY(ETF)
Net Assets	$399M	$397M
Expense Ratio	0.96%	1.04%
Max Drawdown	4.33%	93.25%
Sharpe Ratio	0.87	-0.80
5Y Beta	0.37	2.10

Net Assets

Winner

HEDG

$399M

CONY

$397M

Expense Ratio

Winner

HEDG

0.96%

CONY

1.04%

Max Drawdown

Winner

HEDG

4.33%

CONY

93.25%

Sharpe Ratio

Winner

HEDG

0.87

CONY

-0.80

5Y Beta

Winner

HEDG

0.37

CONY

2.10

HEDG vs CONY - Holdings Comparison

HEDG and CONY have 0 common holdings. Overlap is 0.00%

HEDG's top 25 holdings weight is 99.94%. CONY's top 25 holdings weight is 7.11%.

Rank	HEDG	CONY
#1	ISHARES CORE S&P 500 ETF (IVV) - 55.46%	COIN US 06/18/26 C170 (n/a) - 12.92%
#2	STATE STREET® SPDR® S&P 500® ETF (SPY) - 43.98%	COIN US 07/17/26 C190 (n/a) - 11.81%
#3	CLEARSHARES ULTRA-SHORT MATURITY ETF (OPER) - 0.50%	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 2.82%
#4	N/A	OTHER ASSETS AND LIABILITIES (n/a) - 2.16%
#5	N/A	COIN US 05/22/26 C202.5 (n/a) - 0.44%
#6	N/A	COIN US 05/29/26 C207.5 (n/a) - 0.41%
#7	N/A	COIN US 05/29/26 C205 (n/a) - 0.31%
#8	N/A	COIN US 05/22/26 C192.5 (n/a) - 0.27%
#9	N/A	COIN US 05/22/26 C195 (n/a) - 0.11%
#10	N/A	COIN US 05/22/26 C205 (n/a) - 0.07%
#11	N/A	COIN US 05/29/26 C202.5 (n/a) - 0.06%
#12	N/A	COIN US 05/22/26 C210 (n/a) - 0.05%
#13	N/A	COIN US 05/29/26 C200 (n/a) - 0.04%
#14	N/A	COIN US 05/29/26 C195 (n/a) - -0.10%
#15	N/A	COIN US 05/22/26 C200 (n/a) - -0.11%
#16	N/A	COIN US 05/29/26 C192.5 (n/a) - -0.38%
#17	N/A	COIN US 05/22/26 C190 (n/a) - -0.54%
#18	N/A	COIN US 05/22/26 C197.5 (n/a) - -0.70%
#19	N/A	US DOLLARS (n/a) - -0.76%
#20	N/A	COIN US 05/29/26 C197.5 (n/a) - -1.18%
#21	N/A	CASH OFFSET (n/a) - -3.42%
#22	N/A	COIN 06/18/2026 170.01 P (n/a) - -6.28%
#23	N/A	COIN 07/17/2026 190.01 P (n/a) - -10.89%
#24	N/A	N/A
#25	N/A	N/A
Total Holdings	3	23

HEDG vs CONY - Historical Returns

Returns include dividend reinvestment.

Period	HEDG	CONY
1 month	+0.39%	-19.98%
3 months	+1.25%	-20.55%
6 months	+3.37%	-38.30%
1 year	N/A	-43.03%
Max(CAGR)	+8.90%	+6.23%

Winner

HEDG

+0.39%

CONY

-19.98%

Winner

HEDG

+1.25%

CONY

-20.55%

Winner

HEDG

+3.37%

CONY

-38.30%

HEDG

N/A

CONY

-43.03%

Max(CAGR)

Winner

HEDG

+8.90%

CONY

+6.23%

HEDG vs CONY - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	HEDG	CONY
2026	+2.39%	-31.97%
2025	+3.16%	-27.76%
2024	N/A	+36.48%
2023	N/A	+80.53%

HEDG vs CONY Drawdown Comparison

The maximum drawdown for HEDG was -3.85%, occurring on Mar 30, 2026. Recovery took 36 trading sessions.

The maximum drawdown for CONY was -63.17%, occurring on Feb 12, 2026. This drawdown has not yet recovered.

The current HEDG drawdown is -0.23%. The current CONY drawdown is -59.67%.

Rank	HEDG	CONY
#1	-3.85% Feb 25, 2026 - Apr 17, 2026	-63.17% Jul 18, 2025 - Feb 12, 2026
#2	-1.64% Nov 11, 2025 - Nov 25, 2025	-50.02% Dec 6, 2024 - Jul 17, 2025
#3	-1.15% Feb 2, 2026 - Feb 24, 2026	-37.08% Apr 11, 2024 - Nov 8, 2024
#4	-0.81% Jan 12, 2026 - Jan 26, 2026	-29.03% Dec 28, 2023 - Mar 4, 2024
#5	-0.60% Nov 3, 2025 - Nov 10, 2025	-13.55% Sep 14, 2023 - Oct 24, 2023
#6	-0.50% Oct 13, 2025 - Oct 17, 2025	-13.23% Nov 11, 2024 - Dec 4, 2024
#7	-0.42% Dec 12, 2025 - Dec 19, 2025	-9.46% Oct 24, 2023 - Nov 2, 2023
#8	-0.23% Jun 2, 2026 - Jun 4, 2026	-8.46% Mar 12, 2024 - Mar 21, 2024
#9	-0.20% Dec 26, 2025 - Jan 5, 2026	-6.81% Aug 15, 2023 - Aug 29, 2023
#10	-0.19% Jan 6, 2026 - Jan 9, 2026	-6.26% Mar 28, 2024 - Apr 11, 2024
#11	-0.19% Jan 27, 2026 - Feb 2, 2026	-3.78% Dec 8, 2023 - Dec 13, 2023
#12	-0.18% Dec 5, 2025 - Dec 10, 2025	-3.29% Mar 4, 2024 - Mar 6, 2024
#13	-0.17% Apr 17, 2026 - Apr 22, 2026	-2.88% Dec 4, 2024 - Dec 6, 2024
#14	-0.15% May 22, 2026 - May 29, 2026	-2.76% Dec 5, 2023 - Dec 8, 2023
#15	-0.13% Apr 27, 2026 - May 1, 2026	-2.41% Mar 25, 2024 - Mar 28, 2024