Performance analysis of BABX (GRANITESHARES 2X LONG BABA DAILY ETF)
Annual Return
Over the past 3 years, BABX has had an average annual return of -2.32%, underperforming the benchmark SPY, which returned +19.31% annual.
Since Dec 13, 2022, BABX has had an average annual return of -5.29%, underperforming the benchmark SPY, which returned +20.19% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -40.78% | +123.85% | +1.22% | -33.89% | -7.32% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +29.75% | -28.74% | -25.93% | +8.64% | -13.43% | -40.29% | +53.98% | -40.78% | |||||
| 2025 | +32.86% | +71.71% | -3.02% | -22.23% | -10.97% | +0.77% | +10.78% | +21.76% | +69.95% | -11.88% | -16.20% | -14.33% | +123.85% |
| 2024 | -12.60% | +2.73% | -5.94% | +5.12% | +6.38% | -13.19% | +18.18% | +9.74% | +58.14% | -16.83% | -21.85% | -7.36% | +1.22% |
| 2023 | +44.56% | -33.75% | +26.42% | -29.20% | -12.03% | +6.55% | +40.77% | -16.80% | -12.45% | -9.69% | -17.37% | +7.55% | -33.89% |
| 2022 | -7.32% | -7.32% |
Drawdown analysis of BABX (GRANITESHARES 2X LONG BABA DAILY ETF)
The maximum drawdown for the BABX was -78.83%, occurring on Jun 26, 2026. This drawdown has not yet recovered.
The current BABX drawdown is -66.58%.
Since Dec 13, 2022 BABX has experienced the following drawdowns:
- 50% or more: 3 times
- 40% or more: 3 times
- 30% or more: 3 times
- 20% or more: 4 times
- 10% or more: 5 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -78.83% | Oct 2, 2025 | 183 | Jun 26, 2026 | Ongoing | Ongoing | Ongoing |
| -70.62% | Jan 26, 2023 | 307 | Apr 17, 2024 | 212 | Feb 21, 2025 | 519 |
| -56.35% | Mar 17, 2025 | 16 | Apr 8, 2025 | 109 | Sep 15, 2025 | 125 |
| -20.58% | Feb 21, 2025 | 1 | Feb 24, 2025 | 15 | Mar 17, 2025 | 16 |
| -11.21% | Dec 13, 2022 | 8 | Dec 23, 2022 | 5 | Jan 3, 2023 | 13 |
| -5.90% | Jan 13, 2023 | 2 | Jan 18, 2023 | 2 | Jan 20, 2023 | 4 |
| -5.25% | Sep 24, 2025 | 2 | Sep 26, 2025 | 1 | Sep 29, 2025 | 3 |
| -4.30% | Sep 17, 2025 | 1 | Sep 18, 2025 | 4 | Sep 24, 2025 | 5 |
| -2.87% | Jan 11, 2023 | 1 | Jan 12, 2023 | 1 | Jan 13, 2023 | 2 |
| -1.44% | Sep 29, 2025 | 1 | Sep 30, 2025 | 1 | Oct 1, 2025 | 2 |
| -0.52% | Jan 20, 2023 | 2 | Jan 24, 2023 | 1 | Jan 25, 2023 | 3 |