Alibaba (BABA) stock vs the S&P 500 and AI stocks
As of 2 October 2026, Alibaba (BABA) is beating the S&P 500 but trailing AI stocks as a group (THNQ) over the past three months.
Where Alibaba stands now
As of 2 October 2026, Alibaba is still ahead of the S&P 500 over three months, but it gave back ground over the past month.
Inside its group, BABA lags: it is behind AI stocks (THNQ) over both the past month and three months. As a group, AI stocks are gaining ground on the S&P 500 right now. The group is in transition, so the stock's place inside it matters more than usual.
Alibaba is 1.9% of THNQ, so the fund's direction owes little to it. The thing to watch is its group: it beats the market, but its peers beat it, so the stronger names sit elsewhere in the group.
BABA vs the S&P 500: returns
Alibaba and the S&P 500 (SPY) side by side, over each window Zensei tracks.
Prices as of · computed from daily adjusted closes · how we measure
BABA against AI stocks, in depth
See the size of the gap between Alibaba and AI stocks (THNQ) over every window, its momentum and its relative strength, and where it sits among AI stocks.
See the full analysisWhich ETFs hold Alibaba?
One fund that Zensei tracks holds BABA, by weight. The fund with the largest weight is its sector on this page.
Alibaba competitors
The largest other holdings of Robo Global Artificial Intelligence ETF (THNQ), with their return over the past month.
Alibaba stock: common questions
Is Alibaba stock beating the S&P 500?
As of 2 October 2026, Alibaba (BABA) is down 6.2% over the past month. The S&P 500 is up 1.3% over the same month. Over three months, the stock is up 10.1% and the S&P 500 is up 3.6%.
Which ETFs hold Alibaba?
As of 2 October 2026, one fund that Zensei tracks holds BABA. Its largest weight is in Robo Global Artificial Intelligence ETF (THNQ), at 1.9%.
Who are Alibaba's competitors?
As of 2 October 2026, the largest other holdings of Robo Global Artificial Intelligence ETF (THNQ) are Tempus AI Inc (TEM), Palo Alto Networks Inc (PANW), CrowdStrike (CRWD), Cloudflare Inc (NET), Everpure Inc (P). These are the stocks Alibaba sits next to among AI stocks.
Is Alibaba doing better than other AI stocks?
As of 2 October 2026, Alibaba (BABA) is behind AI stocks as a group (THNQ) over the past three months. Zensei Edge shows the size of the gap, its momentum and its relative strength.
Track Alibaba against AI stocks and the market
Zensei Edge maps 100+ sectors and themes against the S&P 500, with each stock inside them measured against its group.