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BABX Stock Price, Chart, Stats & News
GraniteShares 2x Long BABA Daily ETF
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GraniteShares 2x Long BABA Daily ETF (BABX) does not currently pay a dividend.
Trading--Leveraged Equity
Category
1.20%
Expense ratio
101.01M
Assets
-27.60%
1Y return
BABX chart
1M
3M
1Y
5Y
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BABX returns
| YTD | -46.42% |
| 1Y | -27.60% |
| 3Y | -2.12% |
| 1Y volatility | 97.17% |
| 3Y volatility | 88.44% |
| Sharpe ratio | 0.40 |
About
This Exchange Traded Fund (ETF) is designed to achieve daily investment outcomes that correspond to two times (200%) the daily percentage fluctuation of Alibaba Group Holding Limited's common stock (BABA), excluding operational costs and fees. There is no assurance that the Fund will consistently meet this target. Furthermore, investors should not anticipate that the fund will generate double the aggregate return of BABA for any duration exceeding a single day.
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