FBY vs. META
Compare and contrast key facts about YieldMax META Option Income ETF (FBY) and Meta Platforms, Inc. (META).
FBY is an actively managed fund by YieldMax. It was launched on Jul 27, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBY or META.
Key characteristics
| FBY | META | |
|---|---|---|
| YTD Return | 43.20% | 65.72% |
| 1Y Return | 56.26% | 78.19% |
| Sharpe Ratio | 2.28 | 2.18 |
| Sortino Ratio | 2.86 | 3.09 |
| Omega Ratio | 1.44 | 1.43 |
| Calmar Ratio | 3.87 | 4.26 |
| Martin Ratio | 11.35 | 13.22 |
| Ulcer Index | 5.16% | 5.93% |
| Daily Std Dev | 25.66% | 36.03% |
| Max Drawdown | -15.14% | -76.74% |
| Current Drawdown | -0.82% | -1.87% |
Correlation
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.
Performance
FBY vs. META - Performance Comparison
In the year-to-date period, FBY achieves a 43.20% return, which is significantly lower than META's 65.72% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
Dividends
FBY vs. META - Dividend Comparison
FBY's dividend yield for the trailing twelve months is around 54.48%, more than META's 0.26% yield.
| TTM | 2023 | |
|---|---|---|
FBY YieldMax META Option Income ETF | 54.48% | 8.31% |
META Meta Platforms, Inc. | 0.26% | 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.
Volatility
FBY vs. META - Volatility Comparison
The current volatility for YieldMax META Option Income ETF (FBY) is 5.53%, while Meta Platforms, Inc. (META) has a volatility of 7.91%. 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.