NBCE vs CONI

Comparison between NEUBERGER BERMAN CHINA EQUITY ETF (NBCE, ETF) and GRANITESHARES 2X SHORT COIN DAILY ETF (CONI, ETF).

NBCE vs CONI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	NBCE(ETF)	CONI(ETF)
Net Assets	$17M	$17M
Expense Ratio	0.75%	N/A
Max Drawdown	29.26%	94.61%
Sharpe Ratio	2.19	0.31
5Y Beta	0.42	-3.60

Net Assets

NBCE

$17M

Winner

CONI

$17M

Expense Ratio

NBCE

0.75%

CONI

N/A

Max Drawdown

Winner

NBCE

29.26%

CONI

94.61%

Sharpe Ratio

Winner

NBCE

2.19

CONI

0.31

5Y Beta

NBCE

0.42

Winner

CONI

-3.60

NBCE vs CONI - Historical Returns

Returns include dividend reinvestment.

Period	NBCE	CONI
1 month	+4.13%	+46.80%
3 months	+13.68%	+28.06%
6 months	+23.31%	+27.67%
1 year	+54.64%	-47.99%
Max(CAGR)	+22.43%	-69.53%

NBCE

+4.13%

Winner

CONI

+46.80%

NBCE

+13.68%

Winner

CONI

+28.06%

NBCE

+23.31%

Winner

CONI

+27.67%

Winner

NBCE

+54.64%

CONI

-47.99%

Max(CAGR)

Winner

NBCE

+22.43%

CONI

-69.53%

NBCE vs CONI - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	NBCE	CONI
2026	+19.22%	+2.22%
2025	+42.46%	-69.77%
2024	+5.47%	-53.68%
2023	-2.22%	N/A

NBCE vs CONI Drawdown Comparison

The maximum drawdown for NBCE was -28.41%, occurring on Apr 7, 2025. Recovery took 235 trading sessions.

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

The current NBCE drawdown is -4.35%. The current CONI drawdown is -88.66%.

Rank	NBCE	CONI
#1	-28.41% Oct 7, 2024 - Sep 16, 2025	-94.53% Sep 6, 2024 - Oct 8, 2025
#2	-15.32% May 9, 2024 - Sep 27, 2024	N/A
#3	-15.16% Nov 20, 2023 - Apr 29, 2024	N/A
#4	-9.23% Feb 25, 2026 - Apr 17, 2026	N/A
#5	-7.13% Oct 29, 2025 - Jan 2, 2026	N/A
#6	-6.08% Oct 2, 2025 - Oct 29, 2025	N/A
#7	-5.27% Oct 16, 2023 - Nov 6, 2023	N/A
#8	-5.01% May 13, 2026 - May 28, 2026	N/A
#9	-4.35% Jun 4, 2026 - Jun 5, 2026	N/A
#10	-3.45% Jan 28, 2026 - Feb 9, 2026	N/A
#11	-2.88% May 28, 2026 - Jun 4, 2026	N/A
#12	-2.39% Nov 15, 2023 - Nov 20, 2023	N/A
#13	-2.09% Nov 6, 2023 - Nov 15, 2023	N/A
#14	-1.63% Jan 12, 2026 - Jan 16, 2026	N/A
#15	-1.39% Oct 2, 2024 - Oct 4, 2024	N/A

Correlation

Correlation between NBCE and CONI is -0.64 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.64

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