Alcon AG vs GraniteShares 2x Long COIN Daily ETF — how do they compare? Alcon AG trades at $72.42 (market cap $36.44B), while GraniteShares 2x Long COIN Daily ETF trades at $4.15. The key difference: Alcon AG pays a 0.48% dividend while GraniteShares 2x Long COIN Daily ETF pays none, and Alcon AG 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.
| ALC | CONL | |
|---|---|---|
Market Cap | $36.44B | — |
Sector | Health | Leveraged / Inverse |
52-Week High | $90.12 | $48.70 |
52-Week Low | $62.02 | $3.93 |
Enterprise Value | $40.28B | — |
Dividend Yield | 0.48% | — |
Trailing returns across standard periods
Alcon, headquartered in Fort Worth, Texas, is the global eyecare leader with a diverse portfolio in ophthalmology including contact lenses, eye drops, surgical equipment, and related surgical products. Novartis purchased Alcon from Nestle in 2010 and, following nine years as a Novartis subsidiary, the company was spun off as a public company in April 2019. The company reports five distinct segments: implantables (16% of revenue), consumables (31%), equipment (9%), contact lenses (27%), and ocular health (17%). The company is geographically diversified, with only about 40% of revenue from the U.S. market, and the firm has a strong presence in the European Union and Japan.
Read more on ALC →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 →