BABUDirexion Daily BABA Bull 2X ETF
Seeks daily investment results of 200% of the daily performance of BABA.
By Direxion Funds · Launched 2026
Annual Cost
0.97%
#5,177 of 6,040 · expensive
Fund Size
$7M
#5,177 of 6,040 · small
Return (1Y)
N/A
Track Record
7 months
#5,157 of 6,040 · young
Performance
Total-return NAV · USDGrowth of $10,000
$4,015-59.8%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Leveraged
Holdings
By weightConcentration
single-stock exposure — holdings shown are derivatives collateral, not the fund's position
GOLDMAN SACHS LIQ ES FD A
36.8%
DREYFUS GOVERNMENT CASH MANAGE
24.8%
GOLDMAN FINANCIAL
22.3%
ALIBABA GROUP HOLDING-SP ADR
17.1%
N/A
1.8%
N/A
1.4%
DREYFUS
0.6%
N/A
-0.3%
Asset allocation
Other
68.0%
Cash
27.3%
Stocks
4.8%
By sector
Consumer Cyclical
100.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
N/A
Max drawdown
-69.5%Severe
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks daily investment results of 200% of the daily performance of BABA.
- Strategy
- Invests at least 80% of net assets in securities of BABA and financial instruments, such as swap agreements, to provide 2X daily leveraged exposure. Concentrated in the consumer discretionary sector and retail industry, with daily rebalancing to maintain exposure.
- Inception date
- February 10, 2026
- Fund family
- Direxion Funds
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18