PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FBY vs. META
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FBY vs. META - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in YieldMax META Option Income ETF (FBY) and Meta Platforms, Inc. (META). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
19.83%
17.98%
FBY
META

Returns By Period

In the year-to-date period, FBY achieves a 39.18% return, which is significantly lower than META's 59.56% return.


FBY

YTD

39.18%

1M

0.74%

6M

23.20%

1Y

45.92%

5Y (annualized)

N/A

10Y (annualized)

N/A

META

YTD

59.56%

1M

-3.25%

6M

21.13%

1Y

65.39%

5Y (annualized)

23.28%

10Y (annualized)

22.58%

Key characteristics


FBYMETA
Sharpe Ratio1.851.87
Sortino Ratio2.402.75
Omega Ratio1.361.38
Calmar Ratio3.163.67
Martin Ratio9.2111.27
Ulcer Index5.20%6.00%
Daily Std Dev25.94%36.22%
Max Drawdown-15.14%-76.74%
Current Drawdown-3.61%-5.51%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Correlation

-0.50.00.51.00.9

The correlation between FBY and META is 0.92, 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.

Risk-Adjusted Performance

FBY vs. META - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax META Option Income ETF (FBY) and Meta Platforms, Inc. (META). 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.


Sharpe ratio
The chart of Sharpe ratio for FBY, currently valued at 1.85, compared to the broader market0.002.004.001.851.87
The chart of Sortino ratio for FBY, currently valued at 2.40, compared to the broader market-2.000.002.004.006.008.0010.002.402.75
The chart of Omega ratio for FBY, currently valued at 1.36, compared to the broader market0.501.001.502.002.503.001.361.38
The chart of Calmar ratio for FBY, currently valued at 3.16, compared to the broader market0.005.0010.0015.003.163.67
The chart of Martin ratio for FBY, currently valued at 9.21, compared to the broader market0.0020.0040.0060.0080.00100.009.2111.27
FBY
META

The current FBY Sharpe Ratio is 1.85, which is comparable to the META Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of FBY and META, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00Aug 04Aug 11Aug 18Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17
1.85
1.87
FBY
META

Dividends

FBY vs. META - Dividend Comparison

FBY's dividend yield for the trailing twelve months is around 56.06%, more than META's 0.27% yield.


TTM2023
FBY
YieldMax META Option Income ETF
56.06%8.31%
META
Meta Platforms, Inc.
0.27%0.00%

Drawdowns

FBY vs. META - Drawdown Comparison

The maximum FBY drawdown since its inception was -15.14%, smaller than the maximum META drawdown of -76.74%. Use the drawdown chart below to compare losses from any high point for FBY and META. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-3.61%
-5.51%
FBY
META

Volatility

FBY vs. META - Volatility Comparison

The current volatility for YieldMax META Option Income ETF (FBY) is 6.41%, while Meta Platforms, Inc. (META) has a volatility of 8.23%. This indicates that FBY experiences smaller price fluctuations and is considered to be less risky than META based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%JuneJulyAugustSeptemberOctoberNovember
6.41%
8.23%
FBY
META