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BABX vs GOGL

GraniteShares 2x Long BABA Daily ETF

BABXCNasdaq

Corgi GOOGL 2x Daily ETF

GOGLCCboe

Overlap

0.0%by weight

Expense ratio

GOGL −0.89pt a year

BABX1.09%GOGL0.20%

Avg volume · 30D

BABX 43.4×the volume

BABX821KGOGL18.9K

BABX vs GOGL Performance

Jul 31, 2026 – Nov 2, 2026

−35.0%BABX−42.4%GOGL

Jul 31, 2026 to Nov 2, 2026. BABX −35.0%. GOGL −42.4%. Use the arrow keys to read each point.−20%−10%0%10%Jul 2026Sep 2026Nov 2026
Expense ratio
BABX 1.09%
GOGL 0.20%, better
Fund size
BABX $91M
GOGL $4M
1Y total return
BABX −71.7%
GOGL No data
Holdings
BABX 2
GOGL 1
Avg volume (30D)
BABX 821K sh, better
GOGL 18.9K sh
NAV per share
BABX $13.27
GOGL $15.14
52W range

ETF.net Grade

BABX: Cost 39, Risk 34, Mission 96, Tradability 89, Holdings not scored, Durability 82. GOGL: Cost 99, Risk 66, Mission not scored, Tradability 45, Holdings not scored, Durability 36.
Pillar letters and Scores for BABX, GOGL, with each pillar’s weight
PillarBABXGOGL
Cost30% weightD39A99Higher
Mission25% weightA96Not scored
Risk15% weightD34B66Higher
Tradability15% weightA89HigherC45
Holdings10% weightNot scoredNot scored
Durability5% weightA82HigherD36

Rank among Single-Stock Long Leveraged funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. BABX and GOGL are both graded against the same 315 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 315 funds
See all 315 ›

BABX ranks 78th and GOGL 123rd of 315 funds in the Single-Stock Long Leveraged Category.

  1. Rank 76CUUUGLeverage Shares 2x Long UUUU Daily ETFScore 53
  2. Rank 78CBABXGraniteShares 2x Long BABA Daily ETFScore 52
  3. Rank 78CBTCUDirexion Daily Bitcoin Bull 2X ETFScore 52
  4. Rank 123CGMECCorgi GME 2x Daily ETFScore 40
  5. Rank 123CGOGLCorgi GOOGL 2x Daily ETFScore 40
  6. Rank 123CGOOLLeverage Shares 2X Long GOOGL Daily ETFScore 40

Our read on each fund

ETF.net Research

BABXCGraniteShares 2x Long BABA Daily ETF

GOGLCCorgi GOOGL 2x Daily ETF

In short

BABX The original 2x Alibaba ETF: live since 2022, years before its rivals. It aims for twice BABA's daily move, resets every night, and costs 1.15% net of a waiver through December 31, 2026.

GOGL No data

Stated mandate

BABX The Fund seeks daily investment results equal to twice the daily percentage change of Alibaba Group Holding Limited’s common stock. It is intended as a short-term leveraged trading vehicle rather than a long-term investment.

GOGL No data

Why people hold it

  • BABX Launched December 2022, it beat every rival 2x BABA fund to market by years, giving traders the longest-running option in this corner of the market.graniteshares.comkraneshares.comdirexion.com
  • Tracks its daily 2x target closely and trades actively with tight execution, one of the stronger builds in a crowded leveraged single-stock group.
  • Plain plumbing: swaps totaling 200% notional across counterparties, collateralized by T-bills and cash, rebalanced daily, with holdings published by the issuer.graniteshares.com

GOGL No data

Worth knowing

  • BABX Costs more than the two other 2x BABA funds: BABU at 0.97% net of a waiver through September 1, 2027 and KBAB at 0.99% net of a waiver through August 1, 2028.
  • The daily reset means returns over longer stretches can drift far from 2x BABA. GraniteShares calls it a short-term trading vehicle, not a buy-and-hold holding.graniteshares.com
  • The mandate was 1.75x before January 22, 2024, so the earliest stretch of its history reflects a different leverage level than today's.graniteshares.com

GOGL No data

Full BABX profile⁠

Full GOGL profile⁠

BABX vs GOGL Holdings

How BABX and GOGL differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of BABX and 0.0% of GOGL.

Level by level

  • Holdings0 in both0.0%
  • Asset classLeveraged/Inverse100%

Sector

No Sector split for GOGL.

Country, concentration and asset class

Country by domicile

No country split for GOGL.

Concentration

Weight in the 10 largest Holdings

  • BABX100.0%
  • GOGL199.3%

Securities held

  • BABX1
  • GOGL0

Asset class

BABX
Leveraged/Inverse
GOGL
Leveraged/Inverse

Holdings

  • Only in BABX1
  • In both0
  • Only in GOGL0

Only in BABX

1 security, 66.7% of BABX by weight

  • Baba66.65%

Only in GOGL

0 securities, 0.0% of GOGL by weight

Weight gaps

BABX and GOGL share no securities.

All 2 BABX holdings⁠All 1 GOGL holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

BABX vs GOGL Cost

Overpaying BABX vs GOGL

$15,978

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BABX 1.09%

    $20,133

  • GOGL 0.20%

    $4,155

$10,000
30 years

Cost over time

  • BABX 1.09%
  • GOGL 0.20%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530BABX $20,133GOGL $4,155

Year by year

YearBABXGOGLOverpaying
10$1,915$365$1,550
20$7,166$1,421$5,745
30$20,133$4,155$15,978

Expense ratio

  • 1.09%BABX
  • 0.20%GOGL, cheaper
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

GOGL cheapest of 315 funds

BABX 219th cheapest of 315 funds

BABX vs GOGL Dividends

Last 12 months to Nov 2, 2026
Payout (12M)
BABX None
GOGL None

Distribution history

BABXAll BABX payments⁠

No distribution history available.

GOGLAll GOGL payments⁠

No distribution history available.

BABX vs GOGL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
BABX 95.3%GOGL No data
Return per unit of riskSharpe ratio, 3 years
BABX 0.25GOGL No data
Worst fallMax drawdown, 5 years
BABX −79.2%since Dec 2022GOGL No data
Market sensitivityBeta, 5 years
BABX 1.02GOGL −3.37

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