HARD vs BABX
Comparison between SIMPLIFY COMMODITIES STRATEGY NO K-1 ETF (HARD, ETF) and GRANITESHARES 2X LONG BABA DAILY ETF (BABX, ETF).
HARD vs BABX - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
HARD
$118M
Winner
BABX
$119M
Expense Ratio
HARD
0.78%
BABX
N/A
Max Drawdown
Winner
HARD
13.51%
BABX
70.62%
Sharpe Ratio
Winner
HARD
0.64
BABX
0.14
5Y Beta
Winner
HARD
0.12
BABX
1.79
HARD vs BABX - Historical Returns
Returns include dividend reinvestment.
1M
Winner
HARD
-11.13%
BABX
-18.64%
3M
Winner
HARD
-3.42%
BABX
-19.15%
6M
Winner
HARD
+11.13%
BABX
-48.36%
1Y
Winner
HARD
+16.04%
BABX
-19.80%
Max(CAGR)
Winner
HARD
+11.69%
BABX
-4.76%
HARD vs BABX - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | HARD | BABX |
|---|---|---|
| 2026 | +10.55% | -45.93% |
| 2025 | +13.42% | +123.16% |
| 2024 | +20.69% | +7.69% |
| 2023 | -5.04% | -38.87% |
| 2022 | N/A | -7.32% |
HARD vs BABX Drawdown Comparison
The maximum drawdown for HARD was -13.51%, occurring on Apr 8, 2025. Recovery took 130 trading sessions.
The maximum drawdown for BABX was -70.62%, occurring on Apr 17, 2024. Recovery took 519 trading sessions.
The current HARD drawdown is -13.45%. The current BABX drawdown is -65.69%.
| Rank | HARD | BABX |
|---|---|---|
| #1 | -13.51% Apr 2, 2025 - Oct 8, 2025 | -70.62% Jan 26, 2023 - Feb 21, 2025 |
| #2 | -13.45% Apr 30, 2026 - Jun 5, 2026 | -65.69% Oct 2, 2025 - Jun 5, 2026 |
| #3 | -11.78% Aug 9, 2023 - May 17, 2024 | -56.35% Mar 17, 2025 - Sep 15, 2025 |
| #4 | -11.49% Apr 6, 2026 - Apr 29, 2026 | -20.58% Feb 21, 2025 - Mar 17, 2025 |
| #5 | -10.58% May 20, 2024 - Nov 25, 2024 | -11.21% Dec 13, 2022 - Jan 3, 2023 |
| #6 | -10.56% Oct 16, 2025 - Jan 29, 2026 | -5.90% Jan 13, 2023 - Jan 20, 2023 |
| #7 | -8.09% Feb 19, 2025 - Apr 2, 2025 | -5.25% Sep 24, 2025 - Sep 29, 2025 |
| #8 | -7.47% Mar 18, 2026 - Mar 30, 2026 | -4.30% Sep 17, 2025 - Sep 24, 2025 |
| #9 | -6.34% Jan 29, 2026 - Feb 24, 2026 | -2.87% Jan 11, 2023 - Jan 13, 2023 |
| #10 | -5.58% May 19, 2023 - Aug 8, 2023 | -1.44% Sep 29, 2025 - Oct 1, 2025 |
| #11 | -4.20% Mar 12, 2026 - Mar 18, 2026 | -0.52% Jan 20, 2023 - Jan 25, 2023 |
| #12 | -3.96% Mar 30, 2026 - Apr 2, 2026 | N/A |
| #13 | -2.85% Apr 13, 2023 - May 2, 2023 | N/A |
| #14 | -2.77% Dec 17, 2024 - Dec 31, 2024 | N/A |
| #15 | -2.68% Nov 29, 2024 - Dec 10, 2024 | N/A |
Correlation
Correlation between HARD and BABX is 0.59 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.59
-101
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