BABX vs. VOO
Compare and contrast key facts about GraniteShares 2x Long BABA Daily ETF (BABX) and Vanguard S&P 500 ETF (VOO).
BABX and VOO 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BABX or VOO.
Correlation
The correlation between BABX and VOO is 0.33, 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. VOO - Performance Comparison
Key characteristics
BABX:
2.25
VOO:
1.89
BABX:
2.86
VOO:
2.54
BABX:
1.34
VOO:
1.35
BABX:
2.49
VOO:
2.83
BABX:
6.30
VOO:
11.83
BABX:
27.93%
VOO:
2.02%
BABX:
78.22%
VOO:
12.66%
BABX:
-70.62%
VOO:
-33.99%
BABX:
-3.32%
VOO:
-0.42%
Returns By Period
In the year-to-date period, BABX achieves a 145.84% return, which is significantly higher than VOO's 4.17% return.
BABX
145.84%
144.32%
134.76%
165.10%
N/A
N/A
VOO
4.17%
1.23%
10.51%
24.45%
14.68%
13.26%
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BABX vs. VOO - Expense Ratio Comparison
BABX has a 1.15% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
BABX vs. VOO — Risk-Adjusted Performance Rank
BABX
VOO
BABX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long BABA Daily ETF (BABX) and Vanguard S&P 500 ETF (VOO). 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.
Dividends
BABX vs. VOO - Dividend Comparison
BABX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.19%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BABX GraniteShares 2x Long BABA Daily ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
BABX vs. VOO - Drawdown Comparison
The maximum BABX drawdown since its inception was -70.62%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BABX and VOO. For additional features, visit the drawdowns tool.
Volatility
BABX vs. VOO - Volatility Comparison
GraniteShares 2x Long BABA Daily ETF (BABX) has a higher volatility of 28.77% compared to Vanguard S&P 500 ETF (VOO) at 2.94%. This indicates that BABX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.