Albertsons Companies Inc vs GraniteShares 2x Long COIN Daily ETF — how do they compare? Albertsons Companies Inc trades at $12.35 (market cap $5.95B), while GraniteShares 2x Long COIN Daily ETF trades at $4.17. The key difference: Albertsons Companies Inc pays a 5.55% dividend while GraniteShares 2x Long COIN Daily ETF pays none, and Albertsons Companies 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.
| ACI | CONL | |
|---|---|---|
Market Cap | $5.95B | — |
Sector | Consumer Staples | Leveraged / Inverse |
52-Week High | $19.74 | $48.70 |
52-Week Low | $11.03 | $3.93 |
Enterprise Value | $21.35B | — |
Dividend Yield | 5.55% | — |
Trailing returns across standard periods
Albertsons is the second-largest traditional grocer in America, operating 2,276 stores under 24 banners in 34 states (as of the end of fiscal 2021). Around 75% of stores have pharmacies, while nearly 20% also sell fuel. Albertsons has a significant private-label operation, accounting for around 20% of sales (excluding fuel). While its own brand assortment is mainly manufactured by third parties, Albertsons operates 20 food production plants (as of the end of fiscal 2021). Albertsons is a top-two grocer in two thirds of its major markets (as of early 2022, according to company data), and virtually all of its sales come from the United States.
Read more on ACI →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.
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