GraniteShares 2x Long COIN Daily ETF vs Garmin Ltd. — how do they compare? GraniteShares 2x Long COIN Daily ETF trades at $4.13, while Garmin Ltd. trades at $308.64 (market cap $59.72B). The key difference: Garmin Ltd. pays a 1.36% dividend while GraniteShares 2x Long COIN Daily ETF pays none, and Garmin Ltd. 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.
| CONL | GRMN | |
|---|---|---|
Sector | Leveraged / Inverse | Technology |
52-Week High | $48.70 | $313.16 |
52-Week Low | $3.93 | $187.10 |
Market Cap | — | $59.72B |
Enterprise Value | — | $57.23B |
Dividend Yield | — | 1.36% |
Signals from Pluang's Aura AI — not financial advice
CONL, the GraniteShares 2x Long COIN Daily ETF, trades at $4.175, up 2.08% on the day, but remains in a pronounced bearish technical trend with all moving averages signaling sell. The ETF is designed to deliver twice the daily return of Coinbase stock (COIN), which has experienced significant volatility. Recent news highlights substantial losses, with CONL down 67% year-to-date as of June 2026, illustrating the high-risk nature of leveraged products.
The outlook is highly speculative and carries extreme risk due to the ETF's daily reset leverage, which can lead to rapid value erosion during volatile periods. Investment opportunity is limited to aggressive, short-term traders who can manage the volatility tax. The primary risk is the structural decay associated with daily rebalancing in a choppy market for the underlying asset.
Garmin (GRMN) trades at $313.16, up 0.73% on the day and near its all-time high, with a bullish technical trend and strong support at $309. The company reported three consecutive quarterly earnings beats, with Q2 2026 EPS of $2.81 beating estimates of $2.30, and raised full-year guidance. Revenue growth accelerated to 11% in Q2 2026, driven by strong performance in the fitness segment, while net income margin improved to 24.47%.
The outlook remains positive given robust fundamentals and raised guidance, but risks include rich valuation multiples, potential growth deceleration, and insider selling. Analyst consensus is cautious with a hold-heavy rating, though the average price target of $318.67 suggests modest upside from current levels.
Trailing returns across standard periods
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 →Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Read more on GRMN →