BABX vs TSLL
GraniteShares 2x Long BABA Daily ETF vs Direxion Daily TSLA Bull 2X ETF
Which is better, BABX or TSLL?
Each has led over a different period.
TSLL has a lower expense ratio. BABX led over 3Y, TSLL 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 | BABX | TSLL |
|---|---|---|
| Expense Ratio | 1.15% | 0.95%Best |
| AUM | $123M | $3.8B |
| Dividend Yield | 0.00% | 10.73% |
| Holdings | 4 | 25 |
| YTD Return | -57.48% | -45.93%Best |
| 1Y Return | -62.87% | -47.44%Best |
| 3Y Return (annualized) | -2.66%Best | -11.10% |
| Volatility (annualized) | 94.0%Best | 102.2% |
| Max Drawdown | -78.8%Best | -82.9% |
| $10,000 over 3.8 years | $6,664 | $11,748Best |
| Fund Family | GraniteShares | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Dec 13, 2022 | Aug 9, 2022 |
Not shown on this pair: 5Y Return (annualized), 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 TSLL 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 TSLL Performance
GraniteShares 2x Long BABA Daily ETF (BABX) is an ETF from GraniteShares and Direxion Daily TSLA Bull 2X ETF (TSLL) is an ETF from Direxion Shares ETF Trust. Over the past year BABX returned -62.87% while TSLL returned -47.44%. Year to date, BABX is down 57.48% versus a loss of 45.93% for TSLL.
Over three years, BABX compounded at -2.66% per year against -11.10% for TSLL. Across the full 4-year window we track, TSLL has the edge at +4.33% annualized vs -10.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLL has been the more volatile fund, with annualized monthly volatility of 102.2% compared with 94.0% 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 -78.8% for BABX and -82.9% for TSLL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.06. They move largely independently of each other.
Fees and Cost Over Time
BABX charges 1.15% per year while TSLL charges 0.95%. On a $10,000 position that is $115 vs $95 annually, a gap of $20 per year that compounds over a long holding period. On income, BABX currently yields 0.00% against 10.73% for TSLL.
You are not choosing between two funds in isolation.
Whichever of BABX and TSLL 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 TSLL?
BABX has an expense ratio of 1.15% while TSLL charges 0.95%. TSLL is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, BABX or TSLL?
Over the past year BABX returned -62.87% vs -47.44% for TSLL, so TSLL leads on 1-year performance. Over the longest common window we track (4 years), BABX annualized -10.13% vs +4.33% for TSLL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BABX or TSLL?
TSLL has been the more volatile fund at 102.2% annualized versus 94.0% for BABX. Worst drawdown: BABX -78.8% vs TSLL -82.9%.
Should I hold both BABX and TSLL?
BABX and TSLL have a monthly-return correlation of 0.06, 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 TSLL?
BABX yields 0.00% while TSLL yields 10.73%, so TSLL currently pays the higher dividend yield.
Is TSLL better than BABX?
TSLL has a lower expense ratio. BABX led over 3Y, TSLL over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.