BABX vs. BRKL
BABX (GraniteShares 2x Long BABA Daily ETF) and BRKL (Corgi BRKB 2x Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their -0.15 correlation means they have often moved in opposite directions in the past. BABX charges 1.15%/yr vs 0.45%/yr for BRKL.
Performance
BABX vs. BRKL - Performance Comparison
Loading charts...
Returns By Period
BABX
- 1D
- 8.14%
- 1M
- 70.32%
- 6M
- -48.73%
- YTD
- -34.41%
- 1Y
- -8.73%
- 3Y*
- -1.49%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -3.23%
BRKL
- 1D
- 0.36%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $10.82M | $17.86M | $21.53M | |
| $2.37K | $14.77K | $14.77K |
BABX vs. BRKL - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BABX GraniteShares 2x Long BABA Daily ETF | 64.39% |
BRKL Corgi BRKB 2x Daily ETF | 1.84% |
Correlation
The correlation between BABX and BRKL is -0.15, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 7, 2026 | -0.15 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BABX vs. BRKL — Risk / Return Rank
BABX
BRKL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
BABX vs. BRKL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long BABA Daily ETF (BABX) and Corgi BRKB 2x Daily ETF (BRKL). 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.
| BABX | BRKL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.06 | — | — |
| Calmar ratioReturn relative to maximum drawdown | -0.11 | — | — |
| Martin ratioReturn relative to average drawdown | -0.19 | — | — |
Loading charts...
Drawdowns
BABX vs. BRKL - Drawdown Comparison
The maximum BABX drawdown since its inception was -78.83%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for BABX and BRKL.
Loading charts...
Drawdown Indicators
| BABX | BRKL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.83% | -7.03% | -71.80% |
Max Drawdown (1Y)Largest decline over 1 year | -78.83% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -78.83% | — | — |
Current DrawdownCurrent decline from peak | -62.98% | 0.00% | -62.98% |
Average DrawdownAverage peak-to-trough decline | -46.39% | -3.93% | -42.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 46.06% | — | — |
Volatility
BABX vs. BRKL - Volatility Comparison
Loading charts...
Volatility by Period
| BABX | BRKL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.52% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 58.46% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 90.46% | 30.17% | +60.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.45% | 30.17% | +53.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.45% | 30.17% | +53.28% |
BABX vs. BRKL - Expense Ratio Comparison
BABX has a 1.15% expense ratio, which is higher than BRKL's 0.45% expense ratio.
Dividends
BABX vs. BRKL - Dividend Comparison
Neither BABX nor BRKL has paid dividends to shareholders.
Frequently Asked Questions
BABX and BRKL have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BRKL is cheaper with a 0.45% expense ratio, compared with 1.15% for BABX.
BABX and BRKL have nearly identical dividend yields, around 0.00%.
They also come from different issuers: GraniteShares and Corgi. Their fees differ too: 1.15% for BABX and 0.45% for BRKL.
Find the right allocation for BABX and BRKL
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer