Which came closer to its stated multiple, BABC or BABU?

Over the window to Sep 11, 2026, BABC finished 0.0 points from what its multiple implies and BABU finished 6.4 points from its own, so BABC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.

Are BABC and BABU levered on the same thing?

Yes. Both are levered on BABA, BABC at +2 times and BABU at +2 times the daily move.

Which one decays faster, BABC or BABU?

Decay follows how much the underlying moves about. Over this window BABC’s moved at 39% annualized and BABU’s at 44%, so BABU has the rougher ride and, at the same multiple, loses more to compounding.

Can I hold BABC or BABU for a year?

Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.

Which is cheaper, BABC or BABU?

BABC charges 0.45% a year and BABU charges 0.97%, so BABC is cheaper. Fees come from each fund's prospectus.

ETFIQetfiq.com · independent ETF data

Data as of Sep 11, 2026.

BABC vs BABU: which held to its multiple?

Over the days both have traded, BABC finished 0.0 points from its stated multiple and BABU 0.1.

Corgi BABA 2x Daily ETF and Direxion Daily BABA Bull 2X ETF, side by side, leveraged ETFs on ETFIQ.

−9.5%BABC returned, 3 months

−12.7%BABU returned, 3 months

−4.1 ptsBABC from its stated multiple

−6.4 ptsBABU from its stated multiple

BABCOn its stated multiple · 1 month to Sep 11, 2026

BABU6.4 pts short of its label · 3 months to Sep 11, 2026

Performance, window by window

BABC and BABU over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
Window	Total return		Multiple would give		Difference
Window	BABC	BABU	BABC	BABU	BABC	BABU
1 month	−25.4%	−25.5%	−25.4%	−25.4%	0.0 pts	−0.1 pts
3 months	not published	−12.7%	not published	−6.2%	not published	−6.4 pts
6 months	not published	−42.9%	not published	−36.8%	not published	−6.0 pts
Since launch	−9.5%	−62.0%	−5.4%	−65.7%	−4.1 pts	+3.8 pts

Open the live comparison on ETFIQ

BABC and BABU on the same fields, as of Sep 11, 2026. Source: ETFIQ.
	BABC Corgi BABA 2x Daily ETF Aims to return twice the daily move of BABA	BABU Direxion Daily BABA Bull 2X ETF Aims to return twice the daily move of BABA
Issuer	Corgi	Direxion
Sets out to return	+2x	+2x
On	BABA	BABA
Segment	company	company
Fund returned, 3 months	−25.4%	−12.7%
Underlying returned, 3 months	−12.7%	−3.1%
What the stated multiple implies, 3 months	−25.4%	−6.2%
Difference from stated, 3 months	0.0 pts	−6.4 pts
Fund returned, 1 year or since launch	−9.5%	−62.0%
Difference from stated, over that window	−4.1 pts	+3.8 pts
Underlying volatility	39%	44%
Difference over the days both have traded	0.0 pts	−0.1 pts
Expense ratio	0.45%	0.97%
Launched	Jul 10, 2026	Feb 11, 2026

BABC in plain words

One month to Sep 11, 2026: BABC returned −25.4% where its own daily promise gave −25.0%, 0.5 points short. Read the multiple against the whole window instead and +2 times BABA's −12.7% implies −25.4%, which makes BABC look 0.0 points short. 0.5 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. BABC aims to return +2 times BABA's move each day, then resets. Over one day it does that. Over longer, the daily results compound, so the total is not +2 times the period's move: in a market that falls and comes back it is reliably less, and in a steady run it can be more. BABA moved at 39% annualized over that window. That is what decides how far the two figures separate: the same fund on a calm underlying and a violent one is a different product.

BABU in plain words

Three months to Sep 11, 2026: BABU returned −12.7% where its own daily promise gave −10.4%, 2.3 points short. Read the multiple against the whole window instead and +2 times BABA's −3.1% implies −6.2%, which makes BABU look 6.4 points short. 4.1 of that is daily compounding, which happens to any +2 times fund over the same path, and the rest is the fund. BABU aims to return +2 times BABA's move each day, then resets. BABA moved at 44% annualized over that window.

Questions people ask

Which came closer to its stated multiple, BABC or BABU?: Over the window to Sep 11, 2026, BABC finished 0.0 points from what its multiple implies and BABU finished 6.4 points from its own, so BABC came closer. Neither figure predicts the next window: it depends on how much the underlying moves about.
Are BABC and BABU levered on the same thing?: Yes. Both are levered on BABA, BABC at +2 times and BABU at +2 times the daily move.
Which one decays faster, BABC or BABU?: Decay follows how much the underlying moves about. Over this window BABC’s moved at 39% annualized and BABU’s at 44%, so BABU has the rougher ride and, at the same multiple, loses more to compounding.
Can I hold BABC or BABU for a year?: Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year’s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way.
Which is cheaper, BABC or BABU?: BABC charges 0.45% a year and BABU charges 0.97%, so BABC is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

BABC against BABU, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BABC against BABU, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/BABC-BABU Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources