Fundology

ETN / ETP · Leverage Shares

2BAB Leverage Shares 2x Alibaba ETP

ISIN IE00BK5C1C97London Stock Exchange: 2BABLeverage Shares LLC

Latest close

LSE

£0.654

on

Ongoing charge
2.28% a year
Fund size
£325k

Source: TradingView, as of , at least 15 min delayed

At a glance

As of 05/10/2026, 2BAB (Leverage Shares 2x Alibaba ETP, ISIN IE00BK5C1C97) closed at £0.654 on the London Stock Exchange. Its ongoing charge is 2.28% a year (about £228 on £10,000). Over the three years to 05/10/2026 its total return was −26.2%, or −33.4% after UK CPIH inflation.

Past returns

Total return: the change in the fund’s value with any income reinvested, after its ongoing charges. Periods to .
1 year to 05/10/2026
−75.1%
−75.8% after inflation
3 years to 05/10/2026
−26.2%
−33.4% after inflation

Volatility and the largest fall need a longer record of this fund’s prices than we hold so far. They appear on this page once we do.

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

How we work it out:ReturnsReturns after inflationTotal returnReal returnCPIH

Charges compared with similar funds

The ongoing charge is taken from the fund’s value every day, so the returns on this page are already after it. Platform and dealing fees are charged separately.
Ongoing charge
2.28%
a year
On £10,000
£228
a year, roughly
Over five years
£1,089
of £10,000, before growth
Among 260 leveraged and inverse products, share classes counted once
  • 168 charge less
  • 12 the same
  • 79 charge more

Ongoing charge of Leverage Shares 2x Alibaba ETP 2.28% a year, as of 03/10/2026: 79 of the 259 other leveraged and inverse products charge more, 12 the same and 168 less (share classes counted once).

Source: Fund ongoing charges via TradingView, as of

A lower charge is not a promise of a higher return: what the fund holds matters more. Charges are the fund’s own published ongoing charges figure.

Read more:Ongoing charge (OCF)OCF and TERFee dragHow charges add up

In plain English

Leverage Shares 2x Alibaba ETP is an exchange-traded product from Leverage Shares, launched in 2020.

It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return.

You buy and sell it through a share-dealing account or platform during stock-market hours, like a share.

Its ongoing charge is 2.28% a year — about £228 a year on every £10,000 invested, taken from the fund's value rather than billed to you.

Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Leveraged & inverse: Products that multiply or reverse a single day’s move — for example three times the daily change of an index.

Terms:Index fundAccumulating or incomeLeveraged ETPsShare classISIN

Key facts

Ticker
2BAB
ISIN
IE00BK5C1C97
Provider
Leverage Shares
Tracks
iSTOXX Leveraged 2X BABA (USD)(NR)
Structure
ETN / ETP
An exchange-traded note or product: a debt security that promises the return of an index. You also rely on the issuer.
Income
Accumulating
Income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.
Ongoing charge
2.28% a year · about £228 on £10,000
Fund size
£325k
Launched
Domicile
Ireland
Can be held in
ISA and SIPP
Currency hedged
No
Price currency
Pounds (GBP)

Price chart

Closing price
£0.65+8.8% since 02/10/2026 · closing price
2BAB closing price: £0.60 on 02/10/2026, £0.65 on 05/10/2026 (+8.8%); low £0.60, high £0.65.

Since 02/10/2026, the closing price went from £0.601 on 02/10/2026 to £0.654 on 05/10/2026 (+8.8%). The lowest close shown was £0.601 on 02/10/2026 and the highest £0.654 on 05/10/2026.

Chart: closing prices we have recorded since 02/10/2026.

Source: TradingView, as of , at least 15 min delayed

Five years of prices, and after inflation

2 weekly closes, from 02/10/2026 to 05/10/2026. The same history in October 2026 pounds, adjusted with ONS CPIH inflation.

Create a free account to see the 5-year price chart and the after-inflation chart

Sign-up takes an email address. There is no card to enter and nothing to pay.

How we work it out:Prices and returnsNAV and price

Questions people ask

What is the ongoing charge of 2BAB?

The ongoing charge of 2BAB is 2.28% a year — about £228 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Leverage Shares 2x Alibaba ETP 2.28% a year, as of 03/10/2026: 79 of the 259 other leveraged and inverse products charge more, 12 the same and 168 less (share classes counted once).

What does 2BAB track?

2BAB tracks the iSTOXX Leveraged 2X BABA (USD)(NR).

Is 2BAB accumulating or distributing?

2BAB is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

What is the ISIN of 2BAB?

The ISIN of 2BAB is IE00BK5C1C97. An ISIN identifies one exact share class of a fund; 2BAB is its ticker on the London Stock Exchange.

How has 2BAB done after inflation?

Over the three years to 05/10/2026 2BAB’s total return was −26.2%, or −33.4% after UK CPIH inflation. Past performance is not a guide to future returns.

Similar funds

More leveraged and inverse products, largest first. Size is a fact, not a verdict.

Sources and dates

Prices
London Stock Exchange closes via TradingView, at least 15 minutes delayed, latest
Returns
TradingView reported returns (net asset value with income reinvested where available)
Inflation
ONS CPIH, latest month published
Charges
The fund’s ongoing charges figure, via TradingView
Identity
FCA Financial Instruments Reference Data System (FIRDS) and the issuer
Fund size
TradingView, converted to pounds at the latest ECB reference rate

Methodology:Data sourcesReturnsCategoriesAll methods

A machine-readable copy of this page: Markdown.