See what your fund actually adds
Direxion Daily COIN Bull 2X ETF CONX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | CONX | Replication |
|---|---|---|
| Annualized growth | -73.4% | -2.5% |
| Annualized volatility | 127.6% | 44.7% |
| Sharpe ratio | -0.42 | 0.16 |
| Maximum drawdown | 81.6% | 37.3% |
| Replication fit (R²) | 0.43 · Tracking error 96.2% | |
Replication portfolio
The published portfolio below is the investable basket used to model CONX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| IBIT | Alternatives · Bitcoin | 100.0% |