GraniteShares 2x Long META Daily ETF (FBL) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with FBL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FBL
FBL charges 1.09% annually. There are 286 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 44.22M | Mar 2026 | FBL vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 49.31M | Sep 2021 | FBL vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 257.66M | May 2014 | FBL vs SPUU | |
| Leverage Shares 2X Long TSM Daily ETF | 0.75% | 32.98M | Jan 2025 | FBL vs TSMG | |
| Leverage Shares 2X Long BIDU Daily ETF | 0.75% | — | Dec 2025 | FBL vs BIDG |
Best Risk-Adjusted Alternatives to FBL
FBL has a PortfoliosLab risk / return rank of 6. There are 182 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 6.16B | Oct 2024 | FBL vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 923.53M | Nov 2024 | FBL vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.82M | Apr 2021 | FBL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.50M | Apr 2021 | FBL vs QTAP | |
| GraniteShares 2x Long INTC Daily ETF | 96 | 509.42M | Feb 2025 | FBL vs INTW |
Top Performing FBL Alternatives (YTD)
FBL is at -14.12% YTD. There are 206 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 738.32%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 738.32% | 162.40M | Feb 2025 | FBL vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 575.80% | 6.16B | Oct 2024 | FBL vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 555.59% | 923.53M | Nov 2024 | FBL vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 395.01% | 101.49M | Nov 2025 | FBL vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 394.65% | 509.42M | Feb 2025 | FBL vs INTW |
Lowest Volatility Alternatives to FBL
FBL has 77.12% 1-year volatility. There are 211 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.77%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.77% | 22.82M | Apr 2021 | FBL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.21% | 20.50M | Apr 2021 | FBL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.40% | 13.45M | Jul 2021 | FBL vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 10.50% | 20.95M | Jul 2021 | FBL vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.55% | 69.49M | Apr 2021 | FBL vs XDSQ |
Lowest Drawdown Alternatives to FBL
FBL has a 1-year max drawdown of -61.03%. There are 179 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.82M | Apr 2021 | FBL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.49% | 20.50M | Apr 2021 | FBL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.45M | Jul 2021 | FBL vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 20.95M | Jul 2021 | FBL vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.49M | Apr 2021 | FBL vs XDSQ |
Other ETFs from GraniteShares
The 10 most viewed GraniteShares ETFs shown here include NVDL, TSYY, BAR and span 8 categories. AUM among these funds goes as high as $4B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| GraniteShares 2x Long NVDA Daily ETF | Leveraged Equities, Technology Equities | 17 | 4.65% | 3.82B | Dec 2022 | FBL vs NVDL | |
| GraniteShares YieldBOOST TSLA ETF | Derivative Income, Options Trading, Actively Managed | 6 | -17.57% | 73.72M | Dec 2024 | FBL vs TSYY | |
| GraniteShares Gold Trust | Gold, Precious Metals | 22 | -7.30% | 1.37B | Aug 2017 | FBL vs BAR | |
| GraniteShares 2x Long PLTR Daily ETF | Leveraged Equities | 6 | -56.90% | 295.90M | Sep 2024 | FBL vs PTIR | |
| GraniteShares 2x Long AMD Daily ETF | Leveraged Equities | 95 | 338.65% | 1.30B | Mar 2024 | FBL vs AMDL | |
| GraniteShares Platinum Trust | Precious Metals | 15 | -22.06% | 169.16M | Jan 2018 | FBL vs PLTM | |
| GraniteShares 2x Short TSLA Daily ETF | Inverse Equities | 3 | -1.29% | 29.93M | Aug 2023 | FBL vs TSDD | |
| GraniteShares 2x Short NVDA Daily ETF | Inverse Equities | 3 | -30.35% | 53.76M | Aug 2023 | FBL vs NVD | |
| GraniteShares 2x Long TSLA Daily ETF | Leveraged Equities | 15 | -34.20% | 93.87M | Aug 2023 | FBL vs TSLR | |
| GraniteShares 2x Long MSFT Daily ETF | Leveraged Equities | 2 | -40.78% | 128.76M | Mar 2024 | FBL vs MSFL |
Often Compared With FBL
Investors most often compare FBL with METU, META, GGLL. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare FBL with Any Fund or Stock
Compare FBL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FBL with funds that move differently
GraniteShares 2x Long META Daily ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FBL.
Explore FBL Diversifiers