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ETF Comparison

COIN vs CONY: Which Is the Better Pick in 2026?

A head-to-head comparison of Coinbase Global Inc. and YieldMax COIN Option Income Strategy ETF covering yield, cost, risk, and income potential.

Data updated May 24, 2026

ETFs62
Total AUM$9.2B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

YieldMax specializes in options-based and income-focused ETFs, leveraging covered call and short option strategies to generate high distribution yields for investors seeking regular income. The firm operates a diverse lineup of 61 ETFs organized across nine fund families, including prominent strategies like 0DTE (zero days-to-expiration) options, covered calls, and target distribution approaches, alongside more traditional performance and portfolio-based offerings. YieldMax's holdings span major technology and financial names—including tickers like AMZY, APLY, BRKC, and FBY—and the firm targets both individual investors and those seeking enhanced yield through systematic options strategies.

See our curated list of related YouTube videos on CONY.

Side-by-side snapshot

COINCONY
Full nameCoinbase Global Inc.YieldMax COIN Option Income Strategy ETF
IssuerYieldMax
Last Close$193.56 as of May 24, 2026$25.61 as of May 24, 2026
Distribution yield99.19%
Expense ratio1.04%
AUM$397M
Distribution frequencyQuarterlyWeekly
Underlying indexCoinbase (COIN)
ObjectiveCovered Call
Asset classEquityEquity
Inception date05/09/2023
Last dividend$0.34
Ex-dividend date05/21/2026

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Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Quick verdict

COIN (Coinbase Global Inc.) and CONY (YieldMax COIN Option Income Strategy ETF) are both dividend ETFs, but they take different approaches.

CONY currently shows a 99.19% distribution yield. COIN has not yet established a full distribution history, so a comparable yield figure is not available.

COIN is cheaper with an expense ratio of compared to 1.04%.

Deep dive

Yield & income

On a $10,000 investment, COIN has no reported distribution yield yet, so a monthly income estimate is not available, while CONY would produce $826.58/month, at current distribution rates.

COIN yield
CONY yield99.19%

Cost & efficiency

Over 10 years on $10,000, COIN would cost approximately $0 in fees vs $1,040 for CONY (simplified, not compounded). The $1,040.00 difference may be offset by yield or performance.

COIN ER
CONY ER1.04%

Strategy & risk

COIN tracks — with a dividend approach, while CONY tracks Coinbase (COIN) using a covered call strategy.

Fund details

COIN is managed by — (launched —) with — in assets. CONY is managed by YieldMax (launched 05/09/2023) with $397M in assets.

COIN AUM
CONY AUM$397M

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Frequently asked questions

Which of COIN or CONY pays more dividend income?

CONY currently reports a distribution yield, while COIN has not yet established a full distribution history. A direct income comparison is not yet meaningful — check back once both funds have published several consecutive distributions.

What is the difference between COIN and CONY?

COIN (Coinbase Global Inc.) tracks — with a dividend strategy, while CONY (YieldMax COIN Option Income Strategy ETF) tracks Coinbase (COIN) with a covered call approach. They are issued by — and YieldMax respectively.

Can I hold both COIN and CONY?

Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.

Which has lower fees, COIN or CONY?

COIN has an expense ratio of — while CONY charges 1.04%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in COIN vs CONY generate?

At current rates, COIN has not established a distribution history yet, so a monthly income estimate is not available. The same in CONY would produce about $826.58 per month ($9,919.00 annually).

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