BABA vs. BABO
BABA (Alibaba Group Holding Limited) is a stock, while BABO (YieldMax BABA Option Income Strategy ETF) is Derivative Income fund actively managed by YieldMax. Over the past year, BABA returned -13.92% vs -13.16% for BABO. With a 0.98 correlation, they move nearly in lockstep.
Performance
BABA vs. BABO - Performance Comparison
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Returns By Period
In the year-to-date period, BABA achieves a -31.29% return, which is significantly lower than BABO's -28.18% return.
BABA
- 1D
- -2.73%
- 1M
- -22.53%
- YTD
- -31.29%
- 6M
- -32.88%
- 1Y
- -13.92%
- 3Y*
- 7.69%
- 5Y*
- -14.23%
- 10Y*
- 3.35%
BABO
- 1D
- -2.04%
- 1M
- -18.89%
- YTD
- -28.18%
- 6M
- -29.66%
- 1Y
- -13.16%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BABA vs. BABO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BABA Alibaba Group Holding Limited | -31.29% | 75.80% | 8.94% |
BABO YieldMax BABA Option Income Strategy ETF | -28.18% | 46.84% | 0.65% |
Correlation
The correlation between BABA and BABO is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.98 |
Correlation (All Time) Calculated using the full available price history since Aug 8, 2024 | 0.98 |
The correlation between BABA and BABO has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.
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Return for Risk
BABA vs. BABO — Risk / Return Rank
BABA
BABO
BABA vs. BABO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Alibaba Group Holding Limited (BABA) and YieldMax BABA Option Income Strategy ETF (BABO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BABA | BABO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.14 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 0.96 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.30 | -0.33 | +0.03 |
| Martin ratioReturn relative to average drawdown | -0.67 | -0.80 | +0.13 |
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Drawdowns
BABA vs. BABO - Drawdown Comparison
The maximum BABA drawdown since its inception was -80.09%, which is greater than BABO's maximum drawdown of -39.66%. Use the drawdown chart below to compare losses from any high point for BABA and BABO.
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Drawdown Indicators
| BABA | BABO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.09% | -39.66% | -40.43% |
Max Drawdown (1Y)Largest decline over 1 year | -46.81% | -39.66% | -7.15% |
Max Drawdown (3Y)Largest decline over 3 years | -46.81% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -72.48% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -80.09% | — | — |
Current DrawdownCurrent decline from peak | -66.56% | -39.66% | -26.90% |
Average DrawdownAverage peak-to-trough decline | -37.62% | -14.24% | -23.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.87% | 16.49% | +4.38% |
Volatility
BABA vs. BABO - Volatility Comparison
Alibaba Group Holding Limited (BABA) has a higher volatility of 8.20% compared to YieldMax BABA Option Income Strategy ETF (BABO) at 6.74%. This indicates that BABA's price experiences larger fluctuations and is considered to be riskier than BABO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BABA | BABO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.20% | 6.74% | +1.46% |
Volatility (6M)Calculated over the trailing 6-month period | 29.33% | 24.49% | +4.84% |
Volatility (1Y)Calculated over the trailing 1-year period | 43.90% | 35.34% | +8.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.47% | 36.54% | +14.93% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 43.42% | 36.54% | +6.88% |
Dividends
BABA vs. BABO - Dividend Comparison
BABA's dividend yield for the trailing twelve months is around 1.05%, less than BABO's 105.09% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
BABA Alibaba Group Holding Limited | 1.05% | 1.36% | 1.96% | 1.29% |
BABO YieldMax BABA Option Income Strategy ETF | 105.09% | 85.50% | 20.65% | 0.00% |
Frequently Asked Questions
With a correlation of 0.98, BABA and BABO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
BABA has higher volatility (8.20%) compared to BABO (6.74%). In terms of maximum drawdown, BABA dropped -80.09% vs BABO's -39.66%.
BABA currently has the higher Sharpe Ratio (-0.32 vs -0.37), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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