FB2A.DE vs. FBL

Last updated Apr 3, 2026

Compare and contrast key facts about Meta Platforms Inc (FB2A.DE) and GraniteShares 2x Long META Daily ETF (FBL).

FBL is an actively managed fund by GraniteShares. It was launched on Dec 12, 2022.

Performance

FB2A.DE vs. FBL - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in Meta Platforms Inc (FB2A.DE) and GraniteShares 2x Long META Daily ETF (FBL). The values are adjusted to include any dividend payments, if applicable.

FB2A.DE vs. FBL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FB2A.DE Meta Platforms Inc	-11.39%	-1.21%	75.83%	191.72%	-2.90%
FBL GraniteShares 2x Long META Daily ETF	-27.53%	-11.42%	126.76%	328.35%	-1.89%

Different Trading Currencies

FB2A.DE is traded in EUR, while FBL is traded in USD. To make them comparable, the FBL values have been converted to EUR using the latest available exchange rates.

Returns By Period

In the year-to-date period, FB2A.DE achieves a -11.39% return, which is significantly higher than FBL's -27.53% return.

FB2A.DE

• 1D: -1.36%
• 1M: -11.78%
• YTD: -11.39%
• 6M: -19.28%
• 1Y: -7.94%
• 3Y*: 37.18%
• 5Y*: 14.47%
• 10Y*: 17.67%

FBL

• 1D: -1.25%
• 1M: -24.54%
• YTD: -27.53%
• 6M: -43.60%
• 1Y: -29.05%
• 3Y*: 40.87%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FB2A.DE vs. FBL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FB2A.DE

FB2A.DE Risk / Return Rank: 33
FB2A.DE Sharpe Ratio Rank: 30
FB2A.DE Sortino Ratio Rank: 27
FB2A.DE Omega Ratio Rank: 27
FB2A.DE Calmar Ratio Rank: 39
FB2A.DE Martin Ratio Rank: 39

FBL

FBL Risk / Return Rank: 7
FBL Sharpe Ratio Rank: 7
FBL Sortino Ratio Rank: 10
FBL Omega Ratio Rank: 10
FBL Calmar Ratio Rank: 5
FBL Martin Ratio Rank: 5

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FB2A.DE vs. FBL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Meta Platforms Inc (FB2A.DE) and GraniteShares 2x Long META Daily ETF (FBL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	FB2A.DE	FBL	Difference
Sharpe ratio Return per unit of total volatility	-0.22	-0.36	+0.15
Sortino ratio Return per unit of downside risk	-0.06	-0.05	-0.02
Omega ratio Gain probability vs. loss probability	0.99	0.99	0.00
Calmar ratio Return relative to maximum drawdown	0.02	-0.49	+0.51
Martin ratio Return relative to average drawdown	0.05	-1.07	+1.12
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FB2A.DE vs. FBL - Sharpe Ratio Comparison

The current FB2A.DE Sharpe Ratio is -0.22, which is higher than the FBL Sharpe Ratio of -0.36. The chart below compares the historical Sharpe Ratios of FB2A.DE and FBL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FB2A.DE	FBL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.22	-0.36	+0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.57	1.03	-0.46

Correlation

The correlation between FB2A.DE and FBL is 0.70, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FB2A.DE vs. FBL - Dividend Comparison

FB2A.DE's dividend yield for the trailing twelve months is around 0.31%, less than FBL's 2.91% yield.

	TTM	2025	2024	2023
FB2A.DE Meta Platforms Inc	0.31%	0.28%	0.28%	0.00%
FBL GraniteShares 2x Long META Daily ETF	2.91%	2.07%	0.00%	51.58%

Drawdowns

FB2A.DE vs. FBL - Drawdown Comparison

The maximum FB2A.DE drawdown since its inception was -72.11%, which is greater than FBL's maximum drawdown of -64.58%. Use the drawdown chart below to compare losses from any high point for FB2A.DE and FBL.

Drawdown Indicators

	FB2A.DE	FBL	Difference
Max Drawdown Largest peak-to-trough decline	-72.11%	-61.15%	-10.96%
Max Drawdown (1Y) Largest decline over 1 year	-32.82%	-61.03%	+28.21%
Max Drawdown (5Y) Largest decline over 5 years	-72.11%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-72.11%	—	—
Current Drawdown Current decline from peak	-29.44%	-53.87%	+24.43%
Average Drawdown Average peak-to-trough decline	-14.75%	-14.92%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.71%	27.58%	-13.87%

Volatility

FB2A.DE vs. FBL - Volatility Comparison

The current volatility for Meta Platforms Inc (FB2A.DE) is 12.10%, while GraniteShares 2x Long META Daily ETF (FBL) has a volatility of 26.24%. This indicates that FB2A.DE experiences smaller price fluctuations and is considered to be less risky than FBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FB2A.DE	FBL	Difference
Volatility (1M) Calculated over the trailing 1-month period	12.10%	26.24%	-14.14%
Volatility (6M) Calculated over the trailing 6-month period	24.27%	53.33%	-29.06%
Volatility (1Y) Calculated over the trailing 1-year period	36.76%	80.35%	-43.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	41.23%	71.24%	-30.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	36.66%	71.24%	-34.58%