GraniteShares 2x Long COIN Daily ETF vs Oxford Lane Capital Corp — how do they compare? GraniteShares 2x Long COIN Daily ETF trades at $4.16, while Oxford Lane Capital Corp trades at $9.38 (market cap $909.61M). The key difference: Oxford Lane Capital Corp pays a 25.76% dividend while GraniteShares 2x Long COIN Daily ETF pays none, and Oxford Lane Capital 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 | OXLC | |
|---|---|---|
Sector | Leveraged / Inverse | Financials |
52-Week High | $48.70 | $18.75 |
52-Week Low | $3.93 | $8.15 |
Market Cap | — | $909.61M |
Dividend Yield | — | 25.76% |
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 →Oxford Lane Capital Corp. is a non-diversified, closed-end management investment company. Its primary investment objective is to achieve high current income, with a secondary objective of capital appreciation. The company primarily invests in equity and junior debt tranches of collateralized loan obligations (CLOs), which are pools of corporate loans. OXLC is known for its high-yield distribution policy and provides investors with leveraged exposure to the CLO market.
Read more on OXLC →