GraniteShares 2x Long BABA Daily ETF (BABX)
BABX is an actively managed ETF by GraniteShares. BABX launched on Dec 12, 2022 and has a 1.15% expense ratio.
ETF Info
US38747R8685
Dec 12, 2022
Emerging Asia Pacific (China)
2x
No Index (Active)
Expense Ratio
BABX has a high expense ratio of 1.15%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
GraniteShares 2x Long BABA Daily ETF (BABX) returned 107.52% year-to-date (YTD) and 87.49% over the past 12 months.
BABX
107.52%
45.70%
72.84%
87.49%
N/A
N/A
^GSPC (Benchmark)
0.08%
9.75%
-1.63%
12.74%
15.66%
10.77%
Monthly Returns
The table below presents the monthly returns of BABX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 32.86% | 71.72% | -3.02% | -22.23% | 20.61% | 107.52% | |||||||
| 2024 | -12.61% | 2.73% | -5.95% | 5.14% | 6.37% | -13.18% | 18.17% | 9.73% | 58.13% | -16.83% | -21.85% | -7.36% | 1.23% |
| 2023 | 44.56% | -33.75% | 26.42% | -29.21% | -12.04% | 6.56% | 40.77% | -16.80% | -12.46% | -9.69% | -17.37% | 7.54% | -33.89% |
| 2022 | -7.32% | -7.32% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 84, BABX is among the top 16% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for GraniteShares 2x Long BABA Daily ETF (BABX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the GraniteShares 2x Long BABA Daily ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the GraniteShares 2x Long BABA Daily ETF was 70.62%, occurring on Apr 17, 2024. Recovery took 212 trading sessions.
The current GraniteShares 2x Long BABA Daily ETF drawdown is 25.41%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -70.62% | Jan 27, 2023 | 307 | Apr 17, 2024 | 212 | Feb 21, 2025 | 519 |
| -56.35% | Mar 18, 2025 | 16 | Apr 8, 2025 | — | — | — |
| -20.58% | Feb 24, 2025 | 1 | Feb 24, 2025 | 15 | Mar 17, 2025 | 16 |
| -11.21% | Dec 14, 2022 | 8 | Dec 23, 2022 | 5 | Jan 3, 2023 | 13 |
| -5.9% | Jan 17, 2023 | 2 | Jan 18, 2023 | 2 | Jan 20, 2023 | 4 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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