GraniteShares 2x Long COIN Daily ETF vs Wheaton Precious Metals Corp — how do they compare? GraniteShares 2x Long COIN Daily ETF trades at $4.87 (market cap $510.01M), while Wheaton Precious Metals Corp trades at $138.28 (market cap $61.17B). The key difference: Wheaton Precious Metals Corp is far larger — about 119.9× GraniteShares 2x Long COIN Daily ETF's market cap, and Wheaton Precious Metals Corp pays a 0.58% dividend while GraniteShares 2x Long COIN Daily ETF pays none. Which is the better fit depends on your goals — on Pluang, investors hold GraniteShares 2x Long COIN Daily ETF for 15 Days and Wheaton Precious Metals Corp for 66 Days on average.
| CONL | WPM | |
|---|---|---|
Market Cap | $510.01M | $61.17B |
Volume | 21,041,836 | 1,092,361 |
Sector | Leveraged / Inverse | Basic Materials |
52-Week High | $48.58 | $165.72 |
52-Week Low | $3.93 | $94.37 |
Typical Hold Time | 15 Days | 66 Days |
Enterprise Value | — | $63.05B |
Dividend Yield | — | 0.58% |
Signals from Pluang's Aura AI — not financial advice
CONL shares declined 7.76% to $5.23, reflecting significant bearish technical momentum with moving averages signaling strong selling pressure. The ETF faces headwinds from underlying asset volatility, with recent news highlighting substantial losses in the leveraged product structure. Technical indicators show oversold conditions with RSI at 24.76, suggesting potential for near-term bounce despite the dominant downtrend.
The outlook remains challenging given the leveraged ETF's inherent volatility and recent performance struggles. While oversold technicals may provide short-term relief, the product's structure exposes investors to amplified losses during market declines. Risk management is critical given the 2x leverage and concentrated exposure to cryptocurrency-related equities.
Wheaton Precious Metals (WPM) trades at $133.69, down 2.88% on the day, amid a bearish technical signal. The company reported record H1 2026 revenues and beat EPS estimates for three consecutive quarters, with strong profitability margins (gross margin 75.25%, net margin 64.66%). Recent news highlights a growth strategy targeting 1.2 million ounces of production by 2030 through an expanded deal pipeline, supported by a fully funded capital plan.
The outlook remains positive given robust earnings momentum and analyst consensus (80% buy ratings, $164.80 price target). Key risks include execution of growth targets and sensitivity to gold/silver prices. The stock offers exposure to precious metals with high margins but trades at premium valuations (P/E 29.94, P/S 19.36), requiring confidence in delivery of projected growth.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
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 →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →