GLWG vs. BABU

Last updated Jun 4, 2026

GLWG (Leverage Shares 2X Long GLW Daily ETF) and BABU (Direxion Daily BABA Bull 2X ETF) are both Leveraged Equities funds - GLWG tracks the Corning Incorporated (GLW) while BABU tracks the Alibaba Group Holding Limited (BABA). Both are passively managed. At a 0.33 correlation, their price movements are largely independent. GLWG charges 0.75%/yr vs 0.97%/yr for BABU.

Performance

GLWG vs. BABU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long GLW Daily ETF (GLWG) and Direxion Daily BABA Bull 2X ETF (BABU). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

GLWG

• 1D: 0.42%
• 1M: 46.27%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

BABU

• 1D: -5.41%
• 1M: -11.25%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GLWG vs. BABU - Yearly Performance Comparison

	2026 (YTD)
GLWG Leverage Shares 2X Long GLW Daily ETF	85.97%
BABU Direxion Daily BABA Bull 2X ETF	-19.11%

Correlation

The correlation between GLWG and BABU is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 11, 2026	0.33

Return for Risk

GLWG vs. BABU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long GLW Daily ETF (GLWG) and Direxion Daily BABA Bull 2X ETF (BABU). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GLWG	BABU	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	8.78	-1.05	+9.83

Drawdowns

GLWG vs. BABU - Drawdown Comparison

The maximum GLWG drawdown since its inception was -29.53%, smaller than the maximum BABU drawdown of -49.17%. Use the drawdown chart below to compare losses from any high point for GLWG and BABU.

Drawdown Indicators

	GLWG	BABU	Difference
Max Drawdown Largest peak-to-trough decline	-29.53%	-49.17%	+19.64%
Current Drawdown Current decline from peak	-10.32%	-44.84%	+34.52%
Average Drawdown Average peak-to-trough decline	-10.71%	-35.05%	+24.34%

Volatility

Volatility by Period

	GLWG	BABU	Difference
Volatility (1Y) Calculated over the trailing 1-year period	151.06%	82.22%	+68.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	151.06%	82.22%	+68.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	151.06%	82.22%	+68.84%

GLWG vs. BABU - Expense Ratio Comparison

GLWG has a 0.75% expense ratio, which is lower than BABU's 0.97% expense ratio.

Dividends

GLWG vs. BABU - Dividend Comparison

GLWG has not paid dividends to shareholders, while BABU's dividend yield for the trailing twelve months is around 0.36%.

Position	TTM
BABU Direxion Daily BABA Bull 2X ETF	0.36%
GLWG Leverage Shares 2X Long GLW Daily ETF	0.00%

Frequently Asked Questions

Can I hold both GLWG and BABU in my portfolio?

GLWG and BABU have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GLWG or BABU?

On fees, GLWG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GLWG or BABU?

GLWG is cheaper with a 0.75% expense ratio, compared with 0.97% for BABU.

Which ETF pays a higher dividend yield, GLWG or BABU?

BABU has the higher dividend yield at 0.36%, compared with 0.00% for GLWG.

What is the main difference between GLWG and BABU?

GLWG tracks Corning Incorporated (GLW), while BABU tracks Alibaba Group Holding Limited (BABA). They also come from different issuers: Leverage Shares and Direxion. Their fees differ too: 0.75% for GLWG and 0.97% for BABU.