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BABX
-9.49 · -24.93%
$28.57 · NASDAQ

GraniteShares 1.75x Long BABA Daily ETF (BABX) ETF Analysis | Trading--Leveraged Equity

Graniteshares · USA
AUM:$119.8M
#– of – in Trading--Leveraged Equity ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

BABX returned -3.7% over the past year, broadly in line with flat market conditions.

Cost Efficiency

Ongoing charge of 1.15% — above average for this category.

What is BABX?

The fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change of the underlying stock by entering financial instruments such as swaps and options on the underlying stock as well as directly purchasing the underlying stock.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Negative 12-Month Return
BABX returned -3.7% over the past year, reflecting recent market conditions.
Higher Cost Profile
Expense ratio of 1.15% is above average. Verify whether the strategy justifies the cost.
Concentrated Holdings
Top 10 holdings account for 100.1% of the ETF — significant weight in a small number of names.
ETF Information
AUM$119.8M
Expense Ratio1.15%
Dividend Yield0.00%
Holdings1
Inception DateDec 2022
Domicile–
Distribution–
Index–
ProviderGraniteshares
Beta1.06
CategoryTrading--Leveraged Equity
CurrencyUSD
Portfolio Impact

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6168
+7 points · better diversified

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Compare Equity
Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
-39.5%
1Y
-24.5%
3Y
-12.8%
5Y
-22.3%
OpenBook InsightIf you had invested £10,000 in BABX 5 years ago, it would have fallen to £7,766 — a loss of £2,234.

Annual Returns

Calendar year performance

BABX delivered positive returns in 2 of the last 5 calendar years.
YearBABX
2026 YTD-50.2%
2025+123.2%
2024+7.7%
2023-38.9%
2022-7.3%
CAGR 4yr+8.0%
2/5 positive yearsAvg return: +6.9%Worst year: -50.2% (2026)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
33%
Negative
Volatility
83.5%
Very High
Momentum
-5.5%
30-day change
Support Level
19.31
Key floor
Key Insights
  • Elevated volatility indicates higher short-term price variability and risk.
  • Monitor key support and resistance levels as part of broader risk assessment.
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