GraniteShares 2x Long COIN Daily ETF vs McKesson Corporation — how do they compare? GraniteShares 2x Long COIN Daily ETF trades at $4.17, while McKesson Corporation trades at $894.99 (market cap $105.14B). The key difference: McKesson Corporation pays a 0.42% dividend while GraniteShares 2x Long COIN Daily ETF pays none, and McKesson Corporation 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 | MCK | |
|---|---|---|
Sector | Leveraged / Inverse | Health |
52-Week High | $48.70 | $995.69 |
52-Week Low | $3.93 | $659.01 |
Market Cap | — | $105.14B |
Enterprise Value | — | $111.67B |
Dividend Yield | — | 0.42% |
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 →McKesson is a leading wholesaler of branded, generic, and specialty pharmaceutical products to pharmacies (retail chains, independent, and mail order), hospitals networks, and healthcare providers. Along with AmerisourceBergen and Cardinal Health, the three account for well over 90% of the U.S. pharmaceutical wholesale industry. McKesson is currently divesting from its pharmaceutical wholesale and distribution in Europe and Canada in order to redeploy capital to strategic growth areas in the U.S. (oncology network and ecosystem, and biopharma services). Additionally, the company supplies medical-surgical products and equipment to healthcare facilities and provides a variety of technology solutions for pharmacies.
Read more on MCK →