AVL vs BABX
Direxion Daily AVGO Bull 2X ETF vs GraniteShares 2x Long BABA Daily ETF
Which is better, AVL or BABX?
AVL has been ahead.
AVL has a lower expense ratio. AVL led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AVL | BABX |
|---|---|---|
| Expense Ratio | 1.00%Best | 1.15% |
| AUM | $283M | $123M |
| Dividend Yield | 36.36% | 0.00% |
| Holdings | 10 | 4 |
| YTD Return | -21.17%Best | -57.48% |
| 1Y Return | -24.87%Best | -62.87% |
| 3Y Return (annualized) | - | -2.66% |
| Volatility (annualized) | 109.5% | 105.4%Best |
| Max Drawdown | -70.6%Best | -78.8% |
| $10,000 over 2 years | $17,130Best | $6,170 |
| Fund Family | Direxion Shares ETF Trust | GraniteShares |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Oct 10, 2024 | Dec 13, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 10, 2024 to Oct 14, 2026 (2 years).
AVL vs BABX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
AVL vs BABX Performance
Direxion Daily AVGO Bull 2X ETF (AVL) is an ETF from Direxion Shares ETF Trust and GraniteShares 2x Long BABA Daily ETF (BABX) is an ETF from GraniteShares. Over the past year AVL returned -24.87% while BABX returned -62.87%. Year to date, AVL is down 21.17% versus a loss of 57.48% for BABX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVL has been the more volatile fund, with annualized monthly volatility of 109.5% compared with 105.4% for BABX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -70.6% for AVL and -78.8% for BABX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.00. They move largely independently of each other.
Fees and Cost Over Time
AVL charges 1.00% per year while BABX charges 1.15%. On a $10,000 position that is $100 vs $115 annually, a gap of $15 per year that compounds over a long holding period. On income, AVL currently yields 36.36% against 0.00% for BABX.
You are not choosing between two funds in isolation.
Whichever of AVL and BABX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVL or BABX?
AVL has an expense ratio of 1.00% while BABX charges 1.15%. AVL is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, AVL or BABX?
Over the past year AVL returned -24.87% vs -62.87% for BABX, so AVL leads on 1-year performance. Over the longest common window we track (2 years), AVL annualized +30.88% vs -21.45% for BABX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVL or BABX?
AVL has been the more volatile fund at 109.5% annualized versus 105.4% for BABX. Worst drawdown: AVL -70.6% vs BABX -78.8%.
Should I hold both AVL and BABX?
AVL and BABX have a monthly-return correlation of 0.00, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AVL or BABX?
AVL yields 36.36% while BABX yields 0.00%, so AVL currently pays the higher dividend yield.
Is BABX better than AVL?
AVL has a lower expense ratio. AVL led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.