Data as of .
BABC vs BABX: which held to its multiple?
Over the days both have traded, BABC finished 0.0 points from its stated multiple and BABX 0.1.
Performance, window by window
| Window | Total return | Multiple would give | Difference | |||
|---|---|---|---|---|---|---|
| BABC | BABX | BABC | BABX | BABC | BABX | |
| 1 month | −25.4% | −25.5% | −25.4% | −25.4% | 0.0 pts | −0.1 pts |
| 3 months | not published | −12.3% | not published | −6.2% | not published | −6.1 pts |
| 6 months | not published | −41.9% | not published | −36.8% | not published | −5.1 pts |
| 1 year | not published | −61.3% | not published | −58.1% | not published | −3.2 pts |
| 3 years | not published | −17.9% | not published | +63.3% | not published | −81.2 pts |
| Since launch | −9.5% | −34.8% | −5.4% | +54.3% | −4.1 pts | −89.1 pts |
| BABC Corgi BABA 2x Daily ETF Aims to return twice the daily move of BABA | BABX GraniteShares 2x Long BABA Daily ETF Aims to return twice the daily move of BABA | |
|---|---|---|
| Issuer | Corgi | GraniteShares |
| Sets out to return | +2x | +2x |
| On | BABA | BABA |
| Segment | company | company |
| Fund returned, 3 months | −25.4% | −12.3% |
| 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 | −6.1 pts |
| Fund returned, 1 year or since launch | −9.5% | −61.3% |
| Difference from stated, over that window | −4.1 pts | −3.2 pts |
| Underlying volatility | 39% | 44% |
| Difference over the days both have traded | 0.0 pts | −0.1 pts |
| Expense ratio | 0.45% | 1.15% |
| Launched | Jul 10, 2026 | Dec 13, 2022 |
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.
BABX in plain words
Three months to Sep 11, 2026: BABX returned −12.3% where its own daily promise gave −10.4%, 2.0 points short. Read the multiple against the whole window instead and +2 times BABA's −3.1% implies −6.2%, which makes BABX look 6.1 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. BABX 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 BABX?
- Over the window to Sep 11, 2026, BABC finished 0.0 points from what its multiple implies and BABX finished 6.1 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 BABX levered on the same thing?
- Yes. Both are levered on BABA, BABC at +2 times and BABX at +2 times the daily move.
- Which one decays faster, BABC or BABX?
- Decay follows how much the underlying moves about. Over this window BABC’s moved at 39% annualized and BABX’s at 44%, so BABX has the rougher ride and, at the same multiple, loses more to compounding.
- Can I hold BABC or BABX 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 BABX?
- BABC charges 0.45% a year and BABX charges 1.15%, 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.
Cite this page. ETFIQ, BABC against BABX, data as of Sep 11, 2026. https://etfiq.com/compare/leverage/BABC-BABX Free to use with attribution; the underlying files are at Open data.