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BABX vs. AMZN
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

BABX vs. AMZN

Last updated May 11, 2025

Compare and contrast key facts about GraniteShares 2x Long BABA Daily ETF (BABX) and Amazon.com, Inc. (AMZN).

BABX is an actively managed fund by GraniteShares. It was launched on Dec 12, 2022.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BABX or AMZN.

Correlation

The correlation between BABX and AMZN is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

BABX vs. AMZN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long BABA Daily ETF (BABX) and Amazon.com, Inc. (AMZN). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

BABX:

1.00

AMZN:

0.06

Sortino Ratio

BABX:

1.80

AMZN:

0.33

Omega Ratio

BABX:

1.23

AMZN:

1.04

Calmar Ratio

BABX:

1.36

AMZN:

0.07

Martin Ratio

BABX:

3.01

AMZN:

0.20

Ulcer Index

BABX:

30.74%

AMZN:

11.54%

Daily Std Dev

BABX:

92.74%

AMZN:

33.53%

Max Drawdown

BABX:

-70.62%

AMZN:

-94.40%

Current Drawdown

BABX:

-32.22%

AMZN:

-20.24%

Returns By Period

In the year-to-date period, BABX achieves a 88.57% return, which is significantly higher than AMZN's -12.00% return.

BABX

YTD

88.57%

1M

41.80%

6M

48.82%

1Y

89.75%

5Y*

N/A

10Y*

N/A

AMZN

YTD

-12.00%

1M

6.53%

6M

-7.26%

1Y

2.98%

5Y*

9.93%

10Y*

24.71%

*Annualized

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Risk-Adjusted Performance

BABX vs. AMZN — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BABX
The Risk-Adjusted Performance Rank of BABX is 8484
Overall Rank
The Sharpe Ratio Rank of BABX is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of BABX is 8888
Sortino Ratio Rank
The Omega Ratio Rank of BABX is 8585
Omega Ratio Rank
The Calmar Ratio Rank of BABX is 8888
Calmar Ratio Rank
The Martin Ratio Rank of BABX is 7676
Martin Ratio Rank
AMZN
The Risk-Adjusted Performance Rank of AMZN is 5151
Overall Rank
The Sharpe Ratio Rank of AMZN is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of AMZN is 4646
Sortino Ratio Rank
The Omega Ratio Rank of AMZN is 4646
Omega Ratio Rank
The Calmar Ratio Rank of AMZN is 5656
Calmar Ratio Rank
The Martin Ratio Rank of AMZN is 5454
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

BABX vs. AMZN - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long BABA Daily ETF (BABX) and Amazon.com, Inc. (AMZN). 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.

The current BABX Sharpe Ratio is 1.00, which is higher than the AMZN Sharpe Ratio of 0.06. The chart below compares the historical Sharpe Ratios of BABX and AMZN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Dividends

BABX vs. AMZN - Dividend Comparison

Neither BABX nor AMZN has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

BABX vs. AMZN - Drawdown Comparison

The maximum BABX drawdown since its inception was -70.62%, smaller than the maximum AMZN drawdown of -94.40%. Use the drawdown chart below to compare losses from any high point for BABX and AMZN. For additional features, visit the drawdowns tool.

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Volatility

BABX vs. AMZN - Volatility Comparison

GraniteShares 2x Long BABA Daily ETF (BABX) has a higher volatility of 23.99% compared to Amazon.com, Inc. (AMZN) at 11.30%. This indicates that BABX's price experiences larger fluctuations and is considered to be riskier than AMZN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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