Advance Auto Parts, Inc. vs GraniteShares 2x Long COIN Daily ETF — how do they compare? Advance Auto Parts, Inc. trades at $53.1 (market cap $3.19B), while GraniteShares 2x Long COIN Daily ETF trades at $4.16. The key difference: Advance Auto Parts, Inc. pays a 1.89% dividend while GraniteShares 2x Long COIN Daily ETF pays none, and Advance Auto Parts, Inc. is trading nearer its 52-week high, GraniteShares 2x Long COIN Daily ETF nearer its low. Which is the better fit depends on your goals.
| AAP | CONL | |
|---|---|---|
Market Cap | $3.19B | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $64.17 | $48.70 |
52-Week Low | $38.75 | $3.93 |
Enterprise Value | $5.47B | — |
Dividend Yield | 1.89% | — |
Trailing returns across standard periods
Advance Auto Parts is one of the industry's largest retailers of aftermarket automotive parts, tools, and accessories to do-it-yourself customers in North America. Advance operated 4,972 stores as of the end of 2021, in addition to servicing 1,317 independently owned Carquest stores. The company's Worldpac unit is a premier distributor of imported original-equipment parts. Advance derived 58% of its 2021 sales from commercial clients, up from 30%-40% before the General Parts deal.
Read more on AAP →CONL is a leveraged ETF that seeks to provide two times (2x) the daily performance of Coinbase Global (COIN) stock. It is designed for investors seeking magnified short-term exposure to the price movements of Coinbase.
Read more on CONL →