What is CONL?

CONL provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock.

PERFORMANCE [as of 11/29/22] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
CONL -55.87% -53.34% -- -- -- -- --
CONL (NAV) -56.03% -53.36% -- -- -- -- --
Coinbase Global Inc -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

CONL Factset Analytics Insight

CONL is a short-term tactical tool that aims to deliver 1.5x the price return, less fees and expenses, for a single day of Coinbase stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 1.5x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product, shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.

CONL Summary Data

GraniteShares
08/09/22
1.15%
$1.11M
Coinbase Global Inc
N/A
Open-Ended Fund

Peers

N/A
N/A

Fund Flows

-$0.00B 5 Days
+$0.00B 30 Days
+$0.00B 90 Days

CONL Fund Structure

Yes
--
-- / --
N/A
N/A
Low
1.5
Daily

CONL Tax Exposures

20.00% / 39.60%
--
No

CONL Portfolio Data

--
N/A

CONL Index Data

Coinbase Global Inc
Single Asset
Single Asset
N/A

Factset Analytics Block Liquidity

As of 11/30/22

This measurement shows how easy it is to trade a $1 million USD block of CONL. CONL is rated a N/A out of 5.

CONL Tradability

98,107
$994.82K
58,666
$683.45K
0.31%
$0.04
0.00%
1.24% / -2.45%
None
100.00%
50,000
1.17
--
--
27
$6.31
N/A

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.