CONL vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricCONLVTIWinner
Expense Ratio1.04%0.03%
AUM$523M$663.5B
Dividend Yield0.00%1.07%
Holdings23,543
YTD Return-74.28%+14.22%
1Y Return-88.60%+22.19%
3Y Return (annualized)-29.50%+21.27%
5Y Return (annualized)-+12.23%
Volatility (annualized)159.8%15.3%
Max Drawdown-95.4%-56.6%
Fund FamilyGraniteSharesVanguard (US)
CategoryAlternativeEquity
InceptionAug 9, 2022May 24, 2001

CONL vs VTI Performance

GraniteShares 2x Long COIN Daily ETF (CONL) is a ETF from GraniteShares and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year CONL returned -88.60% while VTI returned +22.19%. Year to date, CONL is down 74.28% versus a gain of 14.22% for VTI.

Over three years, CONL compounded at -29.50% per year against +21.27% for VTI. Across the full 4-year window we track, VTI has the edge at +8.14% annualized vs -33.41%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

CONL has been the more volatile fund, with annualized monthly volatility of 159.8% compared with 15.3% for VTI. 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 CONL and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

CONL charges 1.04% per year while VTI charges 0.03%. On a $10,000 position that is $104 vs $3 annually, a gap of $101 per year that compounds over a long holding period. On income, CONL currently yields 0.00% against 1.07% for VTI.

Holdings Overlap

0.0%overlap

CONL and VTI share 1 holdings out of 2783 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CONLWeight in VTIDifference
COIN66.65%0.04%66.61%

Frequently Asked Questions

Which is cheaper, CONL or VTI?

CONL has an expense ratio of 1.04% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $101 per year of difference.

Which performed better, CONL or VTI?

Over the past year CONL returned -88.60% vs +22.19% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (4 years), CONL annualized -33.41% vs +8.14% for VTI. Past performance does not guarantee future results.

Which is riskier, CONL or VTI?

CONL has been the more volatile fund at 159.8% annualized versus 15.3% for VTI. Worst drawdown: CONL -95.4% vs VTI -56.6%.

Should I hold both CONL and VTI?

CONL and VTI have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CONL and VTI?

CONL and VTI share 1 common holdings with a 0.0% weight overlap. Combined, they hold 2783 unique securities.

Which pays a higher dividend, CONL or VTI?

CONL yields 0.00% while VTI yields 1.07%, so VTI currently pays the higher dividend yield.

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