BABO vs. BABA
Compare and contrast key facts about YieldMax BABA Option Income Strategy ETF (BABO) and Alibaba Group Holding Limited (BABA).
BABO is an actively managed fund by YieldMax. It was launched on Aug 7, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BABO or BABA.
Correlation
The correlation between BABO and BABA is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BABO vs. BABA - Performance Comparison
Key characteristics
BABO:
39.81%
BABA:
46.33%
BABO:
-29.26%
BABA:
-80.09%
BABO:
-18.99%
BABA:
-61.24%
Returns By Period
In the year-to-date period, BABO achieves a 20.42% return, which is significantly lower than BABA's 41.86% return.
BABO
20.42%
-12.30%
8.15%
N/A
N/A
N/A
BABA
41.86%
-9.04%
23.47%
61.50%
-9.69%
3.76%
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Risk-Adjusted Performance
BABO vs. BABA — Risk-Adjusted Performance Rank
BABO
BABA
BABO vs. BABA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for YieldMax BABA Option Income Strategy ETF (BABO) and Alibaba Group Holding Limited (BABA). 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.
Not enough dataDividends
BABO vs. BABA - Dividend Comparison
BABO's dividend yield for the trailing twelve months is around 46.64%, more than BABA's 0.55% yield.
| TTM | 2024 | 2023 | |
|---|---|---|---|
BABO YieldMax BABA Option Income Strategy ETF | 46.64% | 20.65% | 0.00% |
BABA Alibaba Group Holding Limited | 0.55% | 0.78% | 1.29% |
Drawdowns
BABO vs. BABA - Drawdown Comparison
The maximum BABO drawdown since its inception was -29.26%, smaller than the maximum BABA drawdown of -80.09%. Use the drawdown chart below to compare losses from any high point for BABO and BABA. For additional features, visit the drawdowns tool.
Volatility
BABO vs. BABA - Volatility Comparison
The current volatility for YieldMax BABA Option Income Strategy ETF (BABO) is 18.09%, while Alibaba Group Holding Limited (BABA) has a volatility of 20.26%. This indicates that BABO experiences smaller price fluctuations and is considered to be less risky than BABA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.