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BABX Price Forecast & ETF Analysis. Dividend · Expense Ratio · Holdings · NAV · RSI · MACD | US Stocks Today

BABX
BABX
GraniteShares 2x Long BABA Daily ETF
At close Oct 27 at 1:03 PM ET (Korea 10/28 02:03)
$13.89
+0.15 ▲ +1.12%
Symmetrical Triangle Resistance 15.41 Support 15.65 Ended Lines drawn by AI for reference. They may be wrong. Treat them as a hint, not a forecast.

Full metrics table

Category ⓘ Equity - Leveraged / InverseExpense ⓘ 1.15%Return% 1Y ⓘ -71.32%Total Holdings ⓘ 10Perf Week ⓘ -15.18%Volume ⓘ 284,446
Asset Type ⓘ Equities (Stocks)AUM ⓘ $94MReturn% 3Y ⓘ -8.94%NAV ⓘ $13.74Perf Month ⓘ -17.93%Avg Volume ⓘ 0.75M
ETF Type ⓘ US EquitiesDividend TTM ⓘ -Return% 5Y ⓘ -52W High ⓘ -75.88%Perf Quarter ⓘ -28.68%Rel Volume ⓘ 0.38
Active/Passive ⓘ ActiveDiv Gr. 3/5Y ⓘ -Return% 10Y ⓘ -52W Low ⓘ 9.37%Perf Half Y ⓘ -48.77%Prev Close ⓘ $13.74
IPO ⓘ 2022/12/13Flows% 1M ⓘ 2.38%Return% SI ⓘ -RSI (14) ⓘ 31.17Perf YTD ⓘ -61.45%Price ⓘ $13.89
Beta ⓘ 1.57Flows% 3M ⓘ 68.11%Flows% YTD ⓘ 56.28%Flows% 1Y ⓘ 94.04%Perf Year ⓘ -73.77%Volatility(W/M) ⓘ 4% 4.38%
SMA20 ⓘ -13.81%SMA50 ⓘ -21.81%SMA200 ⓘ -45.49%ATR ⓘ 0.92
About this ETF
GraniteShares 2x Long BABA Daily ETFBABX | NASD | Leveraged Deep dive

The GraniteShares 2x Long BABA Daily ETF (BABX) is an exchange-traded fund that is based on the Alibaba Group Holding Limited index. The fund provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of Alibaba Group Holding Limited stock. BABX was launched on Dec 13, 2022 and is issued by GraniteShares.

Caution

It moves 2x the daily move of the index

Its value erodes over time. It is built for trades of a day or two, not for holding.

BABX at a glance
Total Expense Ratio ⓘ 1.15% Lower is better
AUM ⓘ $94M Assets Under Management
Holdings ⓘ 10
Listed 2022
Management Style Actively managed
Issuer GraniteShares
Top Holdings 10 holdings

The top 3 make up 200% of the fund

Concentrated in a few names. When they swing, the ETF swings with them.

1 Clear Street 86.30%
2 TD Cowen 76.17%
3 Wells Fargo Securities, LLC 37.73%
Sector Distribution

Largest sectors first.

Financial124.0%
Quote

Over the past 1 year, on the lower side

76% below its 1-year high.

1-Year Low$12.70 1-Year High$57.61
52-Wk Position3%
Volume ⓘ 284.4K

Traded less than usual. That is 38% of its average volume.

B
Overall · fairly good
We judged 2 of the 3 questions below. 1 rate excellent and 1 need caution.
Not applicable: dividends.
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