# BABC (Corgi BABA 2x Daily ETF)

Corgi · Leveraged ETFs · data as of Sep 30, 2026

One month to Sep 30, 2026: BABC returned −12.4% where its own daily promise gave −11.7%, 0.8 points short.

## Key facts

- BABC, what BABA did: −5.7%, as of Sep 30, 2026.
- BABC, what 2 times a day gives: −11.7%, as of Sep 30, 2026.
- BABC, what the fund returned: −12.4%, as of Sep 30, 2026.
- BABC, the fund itself cost: −0.8 pts, as of Sep 30, 2026.
- BABC, net assets: $332,126 (the issuer’s own daily fund list, as of Sep 30, 2026).
- BABC, expense ratio: 0.45% (485BPOS XBRL, Jun 5, 2026).

## BABC over each window to Sep 30, 2026

| Window | Fund | BABA | +2x the move | Difference | BABA moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −12.4% | −5.7% | −11.4% | −1.0 pts | 28% |
| Since launch | −13.2% | −4.3% | −8.5% | −4.6 pts | 38% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of BABA, reset daily | ETFIQ |
| Multiple a holder actually got over the window | +2.18 times, against +2 stated | ETFIQ |
| Underlying | BABA | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $332,126 | the issuer’s own daily fund list, as of Sep 30, 2026 |
| Expense ratio | 0.45% | 485BPOS XBRL, Jun 5, 2026 |
| Launched | Jul 10, 2026 | ETFIQ |
| Underlying volatility over the window | 28% annualized | ETFIQ |

## Questions

### Did BABC return +2 times BABA?

Over the window to Sep 30, 2026, BABA moved −5.7% and BABC returned −12.4%. 2 times that move is −11.4%, so the fund came out 1.0 points short of it.

### Why does BABC not return +2 times over a year?

Because it resets daily. BABC aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x BABA ETF tracked its stated multiple most closely?

4 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the figure itself.


## Cite this page

ETFIQ, BABC, data as of Sep 30, 2026. https://etfiq.com/funds/babc
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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