GraniteShares 2x Long BABA Daily ETF (BABX) is an exchange-traded fund in the Trading Leveraged Equity category. It has $74.51M in assets, an expense ratio of 1.15% and a 0.00% dividend yield. The fund is an actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change of the underlying stock by entering financial instruments such as swaps and options on the underlying stock as well as directly purchasing the underlying stock. It is non-diversified.