Which is cheaper, ATC or CONY?

ATC charges 1.07% a year and CONY charges 1.04%, so CONY is cheaper. Fees come from each fund's prospectus.

ATC vs CONY: which paid, and which earned it?

ATC and CONY both write options for income. GraniteShares Autocallable COIN ETF and YieldMax(R) COIN Option Income Strategy ETF.

10.8%

ATC cash paid, since launch

35.9%

CONY cash paid, 1 year

+14.8%

ATC total return, since launch

−38.8%

CONY total return, 1 year

ATC · since launch to Sep 30, 202625 pts ahead of COIN

ATC

+14.8%

COIN

−10.2%

25 pts ahead of COIN

ATC since launch: paid 10.8%, price +1.9%, total +14.8%, COIN −10.2%, +25.0 pts.

COIN

−10.2%

ATC

+14.8%

10.8% as cash

25 pts ahead of COIN

Total return, distributions reinvested

25 pts ahead of COIN

ATC since launch: paid 10.8%, price +1.9%, total +14.8%, COIN −10.2%, +25.0 pts.

COIN

−10.2%

ATC

+14.8%

25 pts ahead of COIN

10.8% of it arrived as cash. Total return, distributions reinvested. ATC since launch: paid 10.8%, price +1.9%, total +14.8%, COIN −10.2%, +25.0 pts.

CONY · 1 year to Sep 30, 20266 pts ahead of COIN

CONY

−38.8%

COIN

−44.8%

6 pts ahead of COIN

CONY over 1 year: paid 35.9%, price −70.8%, total −38.8%, COIN −44.8%, +6.0 pts.

COIN

−44.8%

CONY

−38.8%

6 pts ahead of COIN

Total return, distributions reinvested

6 pts ahead of COIN

CONY over 1 year: paid 35.9%, price −70.8%, total −38.8%, COIN −44.8%, +6.0 pts.

COIN

−44.8%

CONY

−38.8%

6 pts ahead of COIN

35.9% of it arrived as cash. Both charts share one scale, 0 to +14.8%. CONY over 1 year: paid 35.9%, price −70.8%, total −38.8%, COIN −44.8%, +6.0 pts.

What they hold in common

By the books each fund has filed, ATC and CONY hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Oct 1, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding ATC CONY

Only in ATC

Treasury Bill 100.00%

Only in CONY

United States Treasury Note/Bond 2.375% 05/15/2027 24.60%

United States Treasury Bill 02/18/2027 20.43%

United States Treasury Bill 12/10/2026 18.00%

United States Treasury Bill 10/15/2026 13.97%

COIN US 10/16/26 C150 9.37%

COIN US 11/20/26 C170 8.13%

United States Treasury Bill 07/08/2027 5.46%

First American Government Obligations Fund 12/01/2031 3.17%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	ATC	CONY	ATC	CONY	ATC	CONY
3 months	+23.3%	+18.8%	6.2%	17.8%	+6.2 pts	+1.7 pts
6 months	not published	+11.5%	not published	32.3%	not published	+3.8 pts
1 year	not published	−38.8%	not published	35.9%	not published	+6.0 pts
3 years	not published	+47.0%	not published	172.9%	not published	−101.2 pts
Since launch ATC May 2026 · CONY Aug 2023	+14.8%	+46.0%	10.8%	171.8%	+25.0 pts	−89.4 pts

ATC and CONY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

ATC

GraniteShares Autocallable COIN ETF · Autocallable on COIN, paying monthly

CONY

YieldMax(R) COIN Option Income Strategy ETF · Synthetic covered call on COIN, paying weekly

Issuer GraniteShares YieldMax

Strategy autocallable synthetic covered call

Benchmark Coinbase (COIN) Coinbase (COIN)

Pays monthly weekly

Payout rate, annualized 36.1% 72.8%

Expense ratio 1.07% 1.04%

Cash paid, 1 year 10.8% (since launch on May 12, 2026) 35.9%

Price change, 1 year +1.9% −70.8%

Total return, 1 year +14.8% (since launch on May 12, 2026) −38.8%

Benchmark return, 1 year −10.2% −44.8%

Ahead or behind +25.0 pts +6.0 pts

Return of capital, latest estimate 2% 88%

Age 141 days 1142 days

Net assets $998,712 $380m

ATC and CONY on the same fields, as of Sep 30, 2026. Source: ETFIQ.

ATC in plain words

Over the period since launch on May 12, 2026 to Sep 30, 2026, ATC paid 10.8% of its starting value in cash distributions while its price rose 1.9%. With every distribution reinvested, the fund returned +14.8%. Coinbase (COIN) returned −10.2% over the same days, so a holder was ahead by 25.0 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 36.1%, paid monthly. GraniteShares estimates that 2% of the distribution paid Aug 14, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

CONY in plain words

Over the year to Sep 30, 2026, CONY paid 35.9% of its starting value in cash distributions while its price fell 70.8%. With every distribution reinvested, the fund returned −38.8%. Coinbase (COIN) returned −44.8% over the same days, so a holder was ahead by 6.0 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 72.8%, paid weekly. YieldMax estimates that 88% of the distribution paid Oct 2, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which is cheaper, ATC or CONY?: ATC charges 1.07% a year and CONY charges 1.04%, so CONY is cheaper. Fees come from each fund's prospectus.

Other comparisons

ATC vs JULJ ATC vs MRA ATC vs MSR ATC vs OCTH CONY vs SDTY CONY vs SPYI CONY vs TSLY CONY vs ULTY

ATC on its own →CONY on its own →How every figure is computed →Standards and sources →

Where these figures came from

ATC filings on SEC EDGAR ↗ATC prospectus with the expense ratio (SEC) ↗ATC 19a-1 distribution notice ↗GraniteShares page for ATC ↗CONY filings on SEC EDGAR ↗CONY prospectus with the expense ratio (SEC) ↗CONY 19a-1 distribution notice ↗YieldMax page for CONY ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, ATC against CONY, data as of Sep 30, 2026. https://etfiq.com/compare/income/atc-vs-cony

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.