GraniteShares 2x Long COIN Daily ETF vs Hormel Foods Corp — how do they compare? GraniteShares 2x Long COIN Daily ETF trades at $4.16, while Hormel Foods Corp trades at $24.36 (market cap $13.37B). The key difference: Hormel Foods Corp pays a 4.81% dividend while GraniteShares 2x Long COIN Daily ETF pays none, and Hormel Foods Corp 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 | HRL | |
|---|---|---|
Sector | Leveraged / Inverse | Consumer Staples |
52-Week High | $48.70 | $29.25 |
52-Week Low | $3.93 | $19.74 |
Market Cap | — | $13.37B |
Enterprise Value | — | $15.37B |
Dividend Yield | — | 4.81% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Hormel Foods is a protein-focused branded food company. Its brands include its namesake Hormel, Spam, Jennie-O, Dinty Moore, Applegate, Wholly Guacamole, and Skippy. The vast majority of the company's revenue is U.S.-based: 64% U.S. retail, 28% U.S. food service, and 8% international. By product type, in fiscal 2021, 23% of revenue was shelf-stable foods, 18% was poultry (branded and commodity), 55% was other perishable food, and 3% was other, primarily nutritional products. The company holds the number-one market position in shelf-stable meat, shelf-stable ready meals, pepperoni, natural/organic deli meat, and guacamole and the number-two position in turkey, bacon, chilled ready meals, and peanut butter.
Read more on HRL →