BABX vs FAS
GraniteShares 2x Long BABA Daily ETF vs Direxion Daily Financial Bull 3X ETF
Which is better, BABX or FAS?
FAS has been ahead.
FAS has a lower expense ratio. FAS led over 1Y, 3Y 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 | BABX | FAS |
|---|---|---|
| Expense Ratio | 1.15% | 0.89%Best |
| AUM | $123M | $2.1B |
| Dividend Yield | 0.00% | 10.41% |
| Holdings | 4 | 176 |
| YTD Return | -57.48% | -11.11%Best |
| 1Y Return | -62.87% | -4.59%Best |
| 3Y Return (annualized) | -2.66% | +40.50%Best |
| 5Y Return (annualized) | - | +5.72% |
| Volatility (annualized) | 94.0% | 48.3%Best |
| Max Drawdown | -78.8% | -45.2%Best |
| $10,000 over 3.8 years | $6,664 | $21,363Best |
| Fund Family | GraniteShares | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Dec 13, 2022 | Nov 6, 2008 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 13, 2022 to Oct 14, 2026 (3.8 years).
BABX vs FAS 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 3.8 years both funds cover.
BABX vs FAS Performance
GraniteShares 2x Long BABA Daily ETF (BABX) is an ETF from GraniteShares and Direxion Daily Financial Bull 3X ETF (FAS) is an ETF from Direxion Shares ETF Trust. Over the past year BABX returned -62.87% while FAS returned -4.59%. Year to date, BABX is down 57.48% versus a loss of 11.11% for FAS.
Over three years, BABX compounded at -2.66% per year against +40.50% for FAS. Across the full 4-year window we track, FAS has the edge at +22.11% annualized vs -10.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BABX has been the more volatile fund, with annualized monthly volatility of 94.0% compared with 48.3% for FAS. 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 -78.8% for BABX and -45.2% for FAS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.15. They move largely independently of each other.
Fees and Cost Over Time
BABX charges 1.15% per year while FAS charges 0.89%. On a $10,000 position that is $115 vs $89 annually, a gap of $26 per year that compounds over a long holding period. On income, BABX currently yields 0.00% against 10.41% for FAS.
You are not choosing between two funds in isolation.
Whichever of BABX and FAS 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, BABX or FAS?
BABX has an expense ratio of 1.15% while FAS charges 0.89%. FAS is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, BABX or FAS?
Over the past year BABX returned -62.87% vs -4.59% for FAS, so FAS leads on 1-year performance. Over the longest common window we track (4 years), BABX annualized -10.13% vs +22.11% for FAS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BABX or FAS?
BABX has been the more volatile fund at 94.0% annualized versus 48.3% for FAS. Worst drawdown: BABX -78.8% vs FAS -45.2%.
Should I hold both BABX and FAS?
BABX and FAS have a monthly-return correlation of 0.15, 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, BABX or FAS?
BABX yields 0.00% while FAS yields 10.41%, so FAS currently pays the higher dividend yield.
Is FAS better than BABX?
FAS has a lower expense ratio. FAS led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.