BABX vs. ISCMF
BABX (GraniteShares 2x Long BABA Daily ETF) and ISCMF (iShares Diversified Commodity Swap UCITS ETF) are both exchange-traded funds - BABX is a Leveraged Equities fund actively managed by GraniteShares, while ISCMF is a Commodities fund tracking the Bloomberg Commodity Index. BABX is actively managed, while ISCMF is passively managed. Over the past 3 years, BABX returned -0.87%/yr vs 10.24%/yr for ISCMF. Their -0.04 correlation means they have often moved in opposite directions in the past. BABX charges 1.15%/yr vs 0.19%/yr for ISCMF.
Performance
BABX vs. ISCMF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BABX achieves a -33.16% return, which is significantly lower than ISCMF's 11.96% return.
BABX
- 1D
- -0.62%
- 1M
- 67.52%
- 6M
- -41.27%
- YTD
- -33.16%
- 1Y
- -6.84%
- 3Y*
- -0.87%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -2.72%
ISCMF
- 1D
- 0.00%
- 1M
- 0.00%
- 6M
- 1.00%
- YTD
- 11.96%
- 1Y
- 26.15%
- 3Y*
- 10.24%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.77%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $11.85M | $18.23M | $21.20M | |
| $0.00 | $7.90K | $54.64K |
BABX vs. ISCMF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
BABX GraniteShares 2x Long BABA Daily ETF | -33.16% | 123.85% | 1.23% | -33.89% | -9.68% |
ISCMF iShares Diversified Commodity Swap UCITS ETF | 11.96% | 19.65% | 3.13% | -9.58% | 3.10% |
Correlation
The correlation between BABX and ISCMF is -0.11, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | -0.11 |
Correlation (3Y) Balances recent behavior with more history. | -0.03 |
Correlation (All Time) Calculated using the full available price history since Dec 13, 2022 | -0.04 |
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. ISCMF — Risk / Return Rank
BABX
ISCMF
BABX vs. ISCMF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long BABA Daily ETF (BABX) and iShares Diversified Commodity Swap UCITS ETF (ISCMF). 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 | ISCMF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.44 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.06 | 2.09 | -1.03 |
| Calmar ratioReturn relative to maximum drawdown | -0.09 | 1.92 | -2.01 |
| Martin ratioReturn relative to average drawdown | -0.15 | 5.66 | -5.80 |
Loading charts...
Drawdowns
BABX vs. ISCMF - Drawdown Comparison
The maximum BABX drawdown since its inception was -78.83%, which is greater than ISCMF's maximum drawdown of -25.42%. Use the drawdown chart below to compare losses from any high point for BABX and ISCMF.
Loading charts...
Drawdown Indicators
| BABX | ISCMF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -78.83% | -25.42% | -53.41% |
Max Drawdown (1Y)Largest decline over 1 year | -78.83% | -13.68% | -65.15% |
Max Drawdown (3Y)Largest decline over 3 years | -78.83% | -13.68% | -65.15% |
Current DrawdownCurrent decline from peak | -62.27% | -13.68% | -48.59% |
Average DrawdownAverage peak-to-trough decline | -46.43% | -13.31% | -33.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 46.40% | 4.64% | +41.76% |
Volatility
BABX vs. ISCMF - Volatility Comparison
GraniteShares 2x Long BABA Daily ETF (BABX) has a higher volatility of 27.60% compared to iShares Diversified Commodity Swap UCITS ETF (ISCMF) at 0.00%. This indicates that BABX's price experiences larger fluctuations and is considered to be riskier than ISCMF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BABX | ISCMF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 27.60% | 0.00% | +27.60% |
Volatility (6M)Calculated over the trailing 6-month period | 58.27% | 17.04% | +41.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 90.32% | 19.57% | +70.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 83.37% | 14.72% | +68.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 83.37% | 14.72% | +68.65% |
BABX vs. ISCMF - Expense Ratio Comparison
BABX has a 1.15% expense ratio, which is higher than ISCMF's 0.19% expense ratio.
Dividends
BABX vs. ISCMF - Dividend Comparison
Neither BABX nor ISCMF has paid dividends to shareholders.
Frequently Asked Questions
BABX and ISCMF have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BABX has higher volatility (27.60%) compared to ISCMF (0.00%). In terms of maximum drawdown, BABX dropped -78.83% vs ISCMF's -25.42%.
On 3-year performance, ISCMF leads with 10.24% vs -0.87% for BABX. On fees, ISCMF is cheaper at 0.19% per year. On volatility, ISCMF has been the lower-risk option at 0.00%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, ISCMF has performed better with a 10.24% return vs -0.87%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ISCMF is cheaper with a 0.19% expense ratio, compared with 1.15% for BABX.
BABX and ISCMF have nearly identical dividend yields, around 0.00%.
BABX is categorized as Leveraged Equities, while ISCMF is Commodities. They also come from different issuers: GraniteShares and iShares. Their fees differ too: 1.15% for BABX and 0.19% for ISCMF.
ISCMF currently has the higher Sharpe Ratio (1.37 vs -0.08), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BABX and ISCMF
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