AHLA.DE vs. BABI.L

Last updated Jun 5, 2026

AHLA.DE (Alibaba Group Holding Limited) is a stock, while BABI.L (IncomeShares Alibaba (BABA) Options ETP) is Derivative Income fund actively managed by Leverage Shares. Their correlation of 0.86 suggests significant overlap in exposure.

Performance

AHLA.DE vs. BABI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Alibaba Group Holding Limited (AHLA.DE) and IncomeShares Alibaba (BABA) Options ETP (BABI.L). The values are adjusted to include any dividend payments, if applicable.

Different Trading Currencies

AHLA.DE is traded in EUR, while BABI.L is traded in USD. To make them comparable, the BABI.L values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, AHLA.DE achieves a -14.17% return, which is significantly higher than BABI.L's -38.06% return.

AHLA.DE

• 1D: -0.73%
• 1M: -9.02%
• YTD: -14.17%
• 6M: -19.85%
• 1Y: 5.30%
• 3Y*: 13.39%
• 5Y*: -8.70%
• 10Y*: 5.24%

BABI.L

• 1D: -0.75%
• 1M: -11.60%
• YTD: -38.06%
• 6M: -42.60%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AHLA.DE vs. BABI.L - Yearly Performance Comparison

	2026 (YTD)	2025
AHLA.DE Alibaba Group Holding Limited	-14.17%	32.43%
BABI.L IncomeShares Alibaba (BABA) Options ETP	-38.06%	0.93%

Correlation

The correlation between AHLA.DE and BABI.L is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 1, 2025	0.86

Return for Risk

AHLA.DE vs. BABI.L — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AHLA.DE

AHLA.DE Risk / Return Rank: 44
AHLA.DE Sharpe Ratio Rank: 46
AHLA.DE Sortino Ratio Rank: 43
AHLA.DE Omega Ratio Rank: 41
AHLA.DE Calmar Ratio Rank: 45
AHLA.DE Martin Ratio Rank: 45

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AHLA.DE vs. BABI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Alibaba Group Holding Limited (AHLA.DE) and IncomeShares Alibaba (BABA) Options ETP (BABI.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AHLA.DE	BABI.L	Difference
Sharpe ratio: Return per unit of total volatility	0.14	—	—
Sortino ratio: Return per unit of downside risk	0.55	—	—
Omega ratio: Gain probability vs. loss probability	1.06	—	—
Calmar ratio: Return relative to maximum drawdown	0.15	—	—
Martin ratio: Return relative to average drawdown	0.31	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AHLA.DE	BABI.L	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.14	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.18	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.10	-1.04	+1.14

Drawdowns

AHLA.DE vs. BABI.L - Drawdown Comparison

The maximum AHLA.DE drawdown since its inception was -76.63%, which is greater than BABI.L's maximum drawdown of -53.30%. Use the drawdown chart below to compare losses from any high point for AHLA.DE and BABI.L.

Drawdown Indicators

	AHLA.DE	BABI.L	Difference
Max Drawdown Largest peak-to-trough decline	-76.63%	-53.30%	-23.33%
Max Drawdown (1Y) Largest decline over 1 year	-36.82%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-36.82%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-67.36%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-76.63%	—	—
Current Drawdown Current decline from peak	-57.33%	-52.68%	-4.65%
Average Drawdown Average peak-to-trough decline	-34.38%	-20.65%	-13.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.62%	—	—

Volatility

Volatility by Period

	AHLA.DE	BABI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	15.31%	—	—
Volatility (6M) Calculated over the trailing 6-month period	29.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	41.32%	38.15%	+3.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	48.63%	38.15%	+10.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	41.76%	38.15%	+3.61%

Dividends

AHLA.DE vs. BABI.L - Dividend Comparison

AHLA.DE's dividend yield for the trailing twelve months is around 1.36%, more than BABI.L's 0.74% yield.

Position	TTM	2025	2024	2023
AHLA.DE Alibaba Group Holding Limited	1.36%	1.17%	1.64%	1.13%
BABI.L IncomeShares Alibaba (BABA) Options ETP	0.74%	0.09%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AHLA.DE and BABI.L in my portfolio?

AHLA.DE and BABI.L have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.