ZTOP vs CONI

Comparison between F/M HIGH YIELD 100 ETF (ZTOP, ETF) and GRANITESHARES 2X SHORT COIN DAILY ETF (CONI, ETF).

ZTOP vs CONI - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ZTOP(ETF)	CONI(ETF)
Net Assets	$16M	$16M
Expense Ratio	0.39%	N/A
Max Drawdown	3.62%	94.61%
Sharpe Ratio	0.45	0.85
5Y Beta	0.19	-3.60

Net Assets

ZTOP

$16M

CONI

$16M

Expense Ratio

ZTOP

0.39%

CONI

N/A

Max Drawdown

Winner

ZTOP

3.62%

CONI

94.61%

Sharpe Ratio

ZTOP

0.45

Winner

CONI

0.85

5Y Beta

ZTOP

0.19

Winner

CONI

-3.60

ZTOP vs CONI - Historical Returns

Returns include dividend reinvestment.

Period	ZTOP	CONI
1 month	+0.16%	-21.93%
3 months	+0.56%	-12.18%
6 months	+1.28%	-36.29%
1 year	+5.14%	+22.97%
Max(CAGR)	+7.95%	-73.98%

Winner

ZTOP

+0.16%

CONI

-21.93%

Winner

ZTOP

+0.56%

CONI

-12.18%

Winner

ZTOP

+1.28%

CONI

-36.29%

ZTOP

+5.14%

Winner

CONI

+22.97%

Max(CAGR)

Winner

ZTOP

+7.95%

CONI

-73.98%

ZTOP vs CONI - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	ZTOP	CONI
2026	+1.92%	-34.55%
2025	+8.13%	-69.77%
2024	N/A	-53.68%

ZTOP vs CONI Drawdown Comparison

The maximum drawdown for ZTOP was -2.52%, occurring on Mar 27, 2026. Recovery took 36 trading sessions.

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

The current ZTOP drawdown is -0.21%. The current CONI drawdown is -92.74%.

Rank	ZTOP	CONI
#1	-2.52% Feb 20, 2026 - Apr 14, 2026	-94.53% Sep 6, 2024 - Oct 8, 2025
#2	-1.25% Oct 2, 2025 - Oct 24, 2025	N/A
#3	-0.97% Oct 27, 2025 - Nov 26, 2025	N/A
#4	-0.91% May 6, 2026 - May 29, 2026	N/A
#5	-0.63% May 16, 2025 - May 27, 2025	N/A
#6	-0.63% Jul 3, 2025 - Jul 22, 2025	N/A
#7	-0.56% Apr 17, 2026 - May 6, 2026	N/A
#8	-0.55% Apr 17, 2025 - Apr 23, 2025	N/A
#9	-0.53% Aug 13, 2025 - Aug 22, 2025	N/A
#10	-0.51% May 29, 2026 - Jun 15, 2026	N/A
#11	-0.46% Apr 29, 2025 - May 12, 2025	N/A
#12	-0.37% Jul 6, 2026 - Jul 15, 2026	N/A
#13	-0.36% Sep 22, 2025 - Oct 1, 2025	N/A
#14	-0.27% Jun 15, 2026 - Jul 2, 2026	N/A
#15	-0.26% Aug 28, 2025 - Sep 4, 2025	N/A

Correlation

Correlation between ZTOP and CONI is -0.62 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.62

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