FBL vs. NVDL

In the year-to-date period, FBL achieves a 16.36% return, which is significantly higher than NVDL's -18.44% return.

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Both FBL and NVDL have an expense ratio of 1.15%.

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long META Daily ETF (FBL) and GraniteShares 2x Long NVDA Daily ETF (NVDL). 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.

The current FBL Sharpe Ratio is 0.90, which is higher than the NVDL Sharpe Ratio of -0.04. The chart below compares the historical Sharpe Ratios of FBL and NVDL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Neither FBL nor NVDL has paid dividends to shareholders.

The maximum FBL drawdown since its inception was -59.80%, smaller than the maximum NVDL drawdown of -67.55%. Use the drawdown chart below to compare losses from any high point for FBL and NVDL.

GraniteShares 2x Long META Daily ETF (FBL) and GraniteShares 2x Long NVDA Daily ETF (NVDL) have volatilities of 20.94% and 21.47%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.