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GraniteShares 2x Long META Daily ETF
FBL performance and flow charts
Performance
Flows
Historic performance and flows
Data as of September 10, 2026| 1M | 3M | YTD | 1Y | 3Y | 5Y | |
|---|---|---|---|---|---|---|
| Perf. | +14.89% | +17.90% | -21.09% | -42.71% | +100.74% | |
| Flows | -$16M | -$47M | -$159M | +$143M | +$152M | - |
Characteristics
The GraniteShares 2x Long META Daily ETF is built to track the Meta. This ETF provides synthetic exposure - by owning its shares you earn the return of the index indirectly through the use of derivatives or a swap. This share class generates a stream of income by distributing dividends.
| Management strategy | Passive |
| Strategy | Leveraged |
| Provider | GraniteShares |
| N° of holdings | |
| Replication method | Indirect |
| Asset class | Equity |
| Dividend policy | Distributing |
Trailing 12m distribution yield | Join for free |
| Inception date | December 13, 2022 |
| ESG | No |
More data and info about FBL on Trackinsight
FBL's exposure
This ETF provides synthetic exposure. It does not hold the securities of the index directly so we cannot display its exposure breakdown.
Trading data
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Volatility | +98.82% | +80.65% | +74.93% | |
Max drawdown | -38.39% | -61.61% | -63.12% | |
Max drawdown duration | 57d | 357d | 570d | N/A |
Time to recover | N/A | N/A | N/A | N/A |
Replication quality
Data as of September 13, 2026Create an account to view replication metrics
1 year cumulative return difference | |
|---|---|
| Best | Join for free |
| Worst | Join for free |
| daily return difference | |
|---|---|
| Average | Join for free |
| Worst | Join for free |
What type of ETF is FBL?
FBL is a Passive ETF that provides exposure to Equity assets. It is managed by GraniteShares.
What index does FBL track?
FBL tracks the Meta.
What does FBL invest in?
This ETF provides leveraged exposure (2x) to Equities. It is part of the segment: Leveraged Equity.
What is the expense ratio of FBL?
The total expense ratio (TER) of FBL is 1.09%, representing the annual fee charged by the fund manager.
When was FBL launched?
FBL was launched on December 13, 2022, marking its entry into the ETF market.
Who is the issuer of FBL?
FBL is issued by GraniteShares.
What is the AUM of FBL?
As of September 10, 2026, FBL manages $201.92 M, reflecting the total assets held in the fund.
How has FBL performed recently?
As of September 10, 2026, FBL delivered a return of 14.89% over the past month (1M performance), 17.9% over the past three months (3M), and -21.09% year-to-date (YTD).
What are the recent fund flows for FBL?
As of September 10, 2026, FBL has seen net flows of -$16M in the past month (1M flow) and -$159M year-to-date (YTD).
Does FBL pay dividends?
As of September 10, 2026, FBL has a trailing 12-month distribution yield of 2.62%.
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