BABX vs. MSTX
Compare and contrast key facts about GraniteShares 2x Long BABA Daily ETF (BABX) and Defiance Daily Target 2X Long MSTR ETF (MSTX).
BABX and MSTX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BABX is an actively managed fund by GraniteShares. It was launched on Dec 12, 2022. MSTX is an actively managed fund by Defiance. It was launched on Aug 14, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BABX or MSTX.
Correlation
The correlation between BABX and MSTX is 0.31, 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
BABX vs. MSTX - Performance Comparison
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Key characteristics
BABX:
93.42%
MSTX:
200.70%
BABX:
-70.62%
MSTX:
-86.61%
BABX:
-25.41%
MSTX:
-62.23%
Returns By Period
In the year-to-date period, BABX achieves a 107.52% return, which is significantly higher than MSTX's 34.25% return.
BABX
107.52%
45.70%
72.84%
87.49%
N/A
N/A
MSTX
34.25%
89.00%
-36.37%
N/A
N/A
N/A
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BABX vs. MSTX - Expense Ratio Comparison
BABX has a 1.15% expense ratio, which is lower than MSTX's 1.29% expense ratio.
Risk-Adjusted Performance
BABX vs. MSTX — Risk-Adjusted Performance Rank
BABX
MSTX
BABX vs. MSTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long BABA Daily ETF (BABX) and Defiance Daily Target 2X Long MSTR ETF (MSTX). 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.
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Dividends
BABX vs. MSTX - Dividend Comparison
BABX has not paid dividends to shareholders, while MSTX's dividend yield for the trailing twelve months is around 30.55%.
| TTM | 2024 | |
|---|---|---|
BABX GraniteShares 2x Long BABA Daily ETF | 0.00% | 0.00% |
MSTX Defiance Daily Target 2X Long MSTR ETF | 30.55% | 41.01% |
Drawdowns
BABX vs. MSTX - Drawdown Comparison
The maximum BABX drawdown since its inception was -70.62%, smaller than the maximum MSTX drawdown of -86.61%. Use the drawdown chart below to compare losses from any high point for BABX and MSTX. For additional features, visit the drawdowns tool.
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Volatility
BABX vs. MSTX - Volatility Comparison
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