{"url":"https://etfiq.com/compare/leverage/coix-vs-conl","section":"compare","title":"COIX vs CONL: which held to its multiple? | ETFIQ","description":"COIX sets out to return +2 times COIN each day and CONL +2 times. Over the three months to Sep 30, 2026 they finished \u221218.0 pts and \u221219.8 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, COIX or CONL?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, COIX finished 18.0 points from what its multiple implies and CONL finished 19.8 points from its own, so COIX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are COIX and CONL levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Coinbase Global, COIX at +2 times and CONL at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, COIX or CONL?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window COIX\u2019s moved at 75% annualized and CONL\u2019s at 75%, so COIX has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold COIX or CONL for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, COIX or CONL?","acceptedAnswer":{"@type":"Answer","text":"COIX charges 0.45% a year and CONL charges 1.04%, so COIX is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"COIX vs CONL","item":"https://etfiq.com/compare/leverage/coix-vs-conl"}]},{"@type":"WebPage","name":"COIX vs CONL: which held to its multiple?","description":"COIX sets out to return +2 times COIN each day and CONL +2 times. Over the three months to Sep 30, 2026 they finished \u221218.0 pts and \u221219.8 pts away.","url":"https://etfiq.com/compare/leverage/coix-vs-conl","dateModified":"2026-09-30","abstract":"Over the days both have traded, COIX finished 18.0 points from its stated multiple and CONL 19.8.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of COIX and CONL","description":"COIX sets out to return +2 times COIN each day and CONL +2 times. Over the three months to Sep 30, 2026 they finished \u221218.0 pts and \u221219.8 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/coix-vs-conl","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6698,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / COIX vs CONL \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n COIX vs CONL: which held to its multiple?\n\n Over the days both have traded, COIX finished 18.0 points from its stated multiple and CONL 19.8.\n Copy this for sharing \n \n Corgi COIN 2x Daily ETF and GraniteShares 2x Long COIN Daily ETF.\n\n Download as PDF \n\n +16.1% COIX returned, 3 months \n +14.3% CONL returned, 3 months \n \u221218.0 pts COIX from its stated multiple \n \u221219.8 pts CONL from its stated multiple \n\n ETFIQ Decay Resistance Score: COIX scores higher\n Did it keep up wit","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/coix-vs-conl","a":{"ticker":"COIX","name":"Corgi COIN 2x Daily ETF","issuer":"Corgi","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: COIX returned +16.1% where its own daily promise gave +19.5%, 3.4 points short.","url":"https://etfiq.com/funds/coix","key_facts":[{"label":"What COIN did","value":"+17.1%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+19.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+16.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.4 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$535,650","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.45%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 5, 2026"}]},"b":{"ticker":"CONL","name":"GraniteShares 2x Long COIN Daily ETF","issuer":"GraniteShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: CONL returned +14.3% where its own daily promise gave +19.5%, 5.2 points short.","url":"https://etfiq.com/funds/conl","key_facts":[{"label":"What COIN did","value":"+17.1%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+19.5%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+14.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22125.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$549m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.04%","as_of":"2026-09-30","source":"485BPOS XBRL, Oct 24, 2025"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/coix-vs-conl"}