What is BABX?

BABX provides 1.75x leveraged exposure, less fees and expenses, to the daily price movement for shares of Alibaba Group Holding Limited stock.

PERFORMANCE [as of 01/20/23] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BABX 74.35% -- 67.90% -- -- -- --
BABX (NAV) 74.69% -- 68.30% -- -- -- --
Alibaba Group Holding Limited -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BABX Factset Analytics Insight

BABX is a short-term tactical tool that aims to deliver 1.75x the price return, less fees and expenses, for a single day of ALIBABA stock. Purchasers holding shares for longer than a day will need to monitor and rebalance their position frequently to attempt to achieve the 1.75x multiple. Aside from the leverage, compared to traditional ETFs, the shares take on added volatility due to the lack of diversification. Purchasers should conduct their own individual stock research prior to initiating a position and trade with conviction. Due to the complexities of the product shares tend to perform as anticipated only when the underlying shares are trending and holders are on the positive corresponding side of that trade. However, the shares provide the advantage of capping the maximum loss to the full amount invested.

BABX Summary Data

GraniteShares
12/13/22
1.15%
$1.04M
Alibaba Group Holding Limited
N/A
Open-Ended Fund

Peers

N/A
N/A

Fund Flows

$0.00B 5 Days
$0.00B 30 Days
$0.00B 90 Days

BABX Fund Structure

No
No
-- / --
N/A
N/A
Low
1.75
Daily

BABX Tax Exposures

20.00% / 39.60%
--
No

BABX Portfolio Data

--
N/A

BABX Index Data

Alibaba Group Holding Limited
Single Asset
Single Asset
N/A

Factset Analytics Block Liquidity

As of 01/23/23

This measurement shows how easy it is to trade a $1 million USD block of BABX. BABX is rated a N/A out of 5.

BABX Tradability

2,027
$68.41K
1,463
$37.43K
1.60%
$0.47
0.18%
0.63% / -0.68%
None
--
--
--
--
--
0
$40.51
N/A

Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.