BABA vs. BABO

Last updated Apr 1, 2026

Compare and contrast key facts about Alibaba Group Holding Limited (BABA) and YieldMax BABA Option Income Strategy ETF (BABO).

BABO is an actively managed fund by YieldMax. It was launched on Aug 7, 2024.

Performance

BABA vs. BABO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Alibaba Group Holding Limited (BABA) and YieldMax BABA Option Income Strategy ETF (BABO). The values are adjusted to include any dividend payments, if applicable.

BABA vs. BABO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BABA Alibaba Group Holding Limited	-14.41%	75.80%	5.58%
BABO YieldMax BABA Option Income Strategy ETF	-12.67%	46.84%	-0.08%

Returns By Period

In the year-to-date period, BABA achieves a -14.41% return, which is significantly lower than BABO's -12.67% return.

BABA

• 1D: 2.85%
• 1M: -12.94%
• YTD: -14.41%
• 6M: -29.80%
• 1Y: -3.52%
• 3Y*: 8.94%
• 5Y*: -10.05%
• 10Y*: 5.31%

BABO

• 1D: 2.67%
• 1M: -10.26%
• YTD: -12.67%
• 6M: -23.73%
• 1Y: -6.74%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

Return for Risk

BABA vs. BABO — Risk / Return Rank

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

BABA

BABA Risk / Return Rank: 38
BABA Sharpe Ratio Rank: 39
BABA Sortino Ratio Rank: 36
BABA Omega Ratio Rank: 36
BABA Calmar Ratio Rank: 39
BABA Martin Ratio Rank: 38

BABO

BABO Risk / Return Rank: 9
BABO Sharpe Ratio Rank: 8
BABO Sortino Ratio Rank: 10
BABO Omega Ratio Rank: 10
BABO Calmar Ratio Rank: 8
BABO Martin Ratio Rank: 8

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.

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.

	BABA	BABO	Difference
Sharpe ratio Return per unit of total volatility	-0.08	-0.18	+0.10
Sortino ratio Return per unit of downside risk	0.23	0.00	+0.23
Omega ratio Gain probability vs. loss probability	1.03	1.00	+0.03
Calmar ratio Return relative to maximum drawdown	-0.10	-0.23	+0.13
Martin ratio Return relative to average drawdown	-0.24	-0.52	+0.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BABA vs. BABO - Sharpe Ratio Comparison

The current BABA Sharpe Ratio is -0.08, which is higher than the BABO Sharpe Ratio of -0.18. The chart below compares the historical Sharpe Ratios of BABA and BABO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	BABA	BABO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.08	-0.18	+0.10
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.20	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.12	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.07	0.44	-0.37

Correlation

The correlation between BABA and BABO is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

BABA vs. BABO - Dividend Comparison

BABA's dividend yield for the trailing twelve months is around 1.59%, less than BABO's 87.67% yield.

	TTM	2025	2024	2023
BABA Alibaba Group Holding Limited	1.59%	1.36%	1.96%	1.29%
BABO YieldMax BABA Option Income Strategy ETF	87.67%	85.50%	20.65%	0.00%

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 -29.26%. Use the drawdown chart below to compare losses from any high point for BABA and BABO.

Drawdown Indicators

	BABA	BABO	Difference
Max Drawdown Largest peak-to-trough decline	-80.09%	-29.26%	-50.83%
Max Drawdown (1Y) Largest decline over 1 year	-35.58%	-28.85%	-6.73%
Max Drawdown (5Y) Largest decline over 5 years	-74.12%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-80.09%	—	—
Current Drawdown Current decline from peak	-58.34%	-26.64%	-31.70%
Average Drawdown Average peak-to-trough decline	-37.23%	-12.54%	-24.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.43%	12.93%	+2.50%

Volatility

BABA vs. BABO - Volatility Comparison

Alibaba Group Holding Limited (BABA) has a higher volatility of 12.47% compared to YieldMax BABA Option Income Strategy ETF (BABO) at 10.87%. 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.

Volatility by Period

	BABA	BABO	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.47%	10.87%	+1.60%
Volatility (6M) Calculated over the trailing 6-month period	29.36%	24.93%	+4.43%
Volatility (1Y) Calculated over the trailing 1-year period	45.97%	37.51%	+8.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	51.12%	36.96%	+14.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.22%	36.96%	+6.26%