GraniteShares 2x Long BABA Daily ETF
BABX
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Jeffrey David Klearman
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 205 Hudson Street, 7th Floor New York NY United States of America 10013
- IPO Date
- Dec 13, 2022
- Website
- graniteshares.com
- Similar Companies
- Business
- GraniteShares 1.75x Long BABA Daily ETF (BABX) is an exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 1.75 times (1.75x) the daily percentage change of the common stock of Alibaba Group Holding Limited (NASDAQ: BABA); the fund achieves this leveraged exposure through swap agreements, financial instruments, options, and direct holdings in the underlying stock, as well as U.S. Treasury bills and cash equivalents for collateral and liquidity. Launched on December 13, 2022, and managed by GraniteShares Advisors, LLC, BABX operates as a non-diversified, actively managed ETF listed on NASDAQ with a net expense ratio of 1.15%, targeting sophisticated investors seeking magnified daily returns from BABA's price movements in the consumer discretionary sector. The ETF provides simple access to leveraged single-stock exposure without margin requirements or collateral maintenance, focusing on high-conviction trading strategies in developed North American markets. GraniteShares, the issuer headquartered at 222 Broadway in New York, New York, and founded in 2016, specializes in innovative exchange-traded products including leveraged and inverse single-stock ETFs, as well as YieldBOOST options income strategies; its offerings span equity, commodity, and fixed-income segments across U.S. and international exchanges, with products like 2x Long ETFs on stocks such as NVDA, COIN, and META. Geographically, GraniteShares primarily operates in the United States, with affiliated entities in London, United Kingdom. In recent developments, GraniteShares has expanded its YieldBOOST platform aggressively, launching new ETFs such as the YieldBOOST META (FBYY) and ABA (BBYY) funds in October 2025, followed by MARA (MAAY) and IONQ (IOYY) in November 2025, MSTR (MTYY) and PLTR (PLYY) in September 2025, and most recently the fund-of-funds structures YieldBOOST Single Stock Universe ETF (YBST) and TopYielders ETF (YBTY) on December 16, 2025; these additions have driven the YieldBOOST suite's assets under management beyond $604 million as of October 2025 and $787 million by late 2025, reflecting strategic growth in options-based income products amid strong investor demand.