CONI vs VOO
GraniteShares 2x Short COIN Daily ETF vs Vanguard S&P 500 ETF
Which is better, CONI or VOO?
Opposite sides of the same exposure.
VOO has a lower expense ratio. VOO led over 1Y and the full window. The two move opposite each other, correlation -0.52, so holding both offsets the exposure while paying both fees.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CONI | VOO |
|---|---|---|
| Expense Ratio | 1.15% | 0.03%Best |
| AUM | $14M | $997.4B |
| Dividend Yield | 2.08% | 1.04% |
| Holdings | 2 | 509 |
| YTD Return | -52.37% | +12.25%Best |
| 1Y Return | -38.06% | +17.03%Best |
| 3Y Return (annualized) | - | +21.25% |
| 5Y Return (annualized) | - | +13.08% |
| Volatility (annualized) | 107.4% | 12.7%Best |
| Max Drawdown | -95.4% | -18.7%Best |
| $10,000 over 2 years | $621 | $14,109Best |
| Fund Family | GraniteShares | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Trading-Inverse Equity | Large Cap Blend |
| Inception | Sep 3, 2024 | Sep 7, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 4, 2024 to Sep 17, 2026 (2 years).
CONI vs VOO growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
CONI vs VOO Performance
GraniteShares 2x Short COIN Daily ETF (CONI) is an ETF from GraniteShares and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year CONI returned -38.06% while VOO returned +17.03%. Year to date, CONI is down 52.37% versus a gain of 12.25% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CONI has been the more volatile fund, with annualized monthly volatility of 107.4% compared with 12.7% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -95.4% for CONI and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.52. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
CONI charges 1.15% per year while VOO charges 0.03%. On a $10,000 position that is $115 vs $3 annually, a gap of $112 per year that compounds over a long holding period. On income, CONI currently yields 2.08% against 1.04% for VOO.
You are not choosing between two funds in isolation.
Whichever of CONI and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CONI or VOO?
CONI has an expense ratio of 1.15% while VOO charges 0.03%. VOO is the cheaper option, by $112 a year on a $10,000 investment.
Which performed better, CONI or VOO?
Over the past year CONI returned -38.06% vs +17.03% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), CONI annualized -75.08% vs +18.78% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CONI or VOO?
CONI has been the more volatile fund at 107.4% annualized versus 12.7% for VOO. Worst drawdown: CONI -95.4% vs VOO -18.7%.
Should I hold both CONI and VOO?
CONI and VOO have a monthly-return correlation of -0.52, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, CONI or VOO?
CONI yields 2.08% while VOO yields 1.04%, so CONI currently pays the higher dividend yield.
Is VOO better than CONI?
VOO has a lower expense ratio. VOO led over 1Y and the full window. The two move opposite each other, correlation -0.52, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.