
GraniteShares 2x Long BABA Daily ETF (BABX)
BABX Price Chart
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BABX ETF Profile
Key details and information about GraniteShares 2x Long BABA Daily ETF (BABX).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
13 Dec 2022
Country
US
Description
This Exchange Traded Fund (ETF) is designed to achieve daily investment outcomes that correspond to two times (200%) the daily percentage fluctuation of Alibaba Group Holding Limited's common stock (BABA), excluding operational costs and fees. There is no assurance that the Fund will consistently meet this target. Furthermore, investors should not anticipate that the fund will generate double the aggregate return of BABA for any duration exceeding a single day.
BABX ETF Performance
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