BABX vs. BABA

In the year-to-date period, BABX achieves a 107.52% return, which is significantly higher than BABA's 55.27% return.

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This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long BABA Daily ETF (BABX) 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.

The current BABX Sharpe Ratio is 0.95, which is comparable to the BABA Sharpe Ratio of 1.24. The chart below compares the historical Sharpe Ratios of BABX and BABA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

BABX has not paid dividends to shareholders, while BABA's dividend yield for the trailing twelve months is around 0.50%.

The maximum BABX drawdown since its inception was -70.62%, smaller than the maximum BABA drawdown of -80.09%. Use the drawdown chart below to compare losses from any high point for BABX and BABA. For additional features, visit the drawdowns tool.

GraniteShares 2x Long BABA Daily ETF (BABX) has a higher volatility of 25.24% compared to Alibaba Group Holding Limited (BABA) at 12.57%. This indicates that BABX's price experiences larger fluctuations and is considered to be riskier than BABA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.