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FBY vs. META
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.00.9

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.

20.00%40.00%60.00%80.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
66.17%
80.50%
FBY
META

Key characteristics

Sharpe Ratio

FBY:

1.81

META:

1.88

Sortino Ratio

FBY:

2.35

META:

2.74

Omega Ratio

FBY:

1.36

META:

1.38

Calmar Ratio

FBY:

3.09

META:

3.70

Martin Ratio

FBY:

9.01

META:

11.37

Ulcer Index

FBY:

5.20%

META:

6.00%

Daily Std Dev

FBY:

25.91%

META:

36.37%

Max Drawdown

FBY:

-15.14%

META:

-76.74%

Current Drawdown

FBY:

-4.87%

META:

-7.42%

Returns By Period

In the year-to-date period, FBY achieves a 43.68% return, which is significantly lower than META's 65.98% return.


FBY

YTD

43.68%

1M

3.12%

6M

23.72%

1Y

46.09%

5Y*

N/A

10Y*

N/A

META

YTD

65.98%

1M

3.57%

6M

18.49%

1Y

65.91%

5Y*

23.32%

10Y*

22.02%

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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.


Sharpe ratio
The chart of Sharpe ratio for FBY, currently valued at 1.81, compared to the broader market0.002.004.001.811.88
The chart of Sortino ratio for FBY, currently valued at 2.35, compared to the broader market-2.000.002.004.006.008.0010.002.352.74
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 3.09, compared to the broader market0.005.0010.0015.003.093.70
The chart of Martin ratio for FBY, currently valued at 9.01, compared to the broader market0.0020.0040.0060.0080.00100.009.0111.37
FBY
META

The current FBY Sharpe Ratio is 1.81, which is comparable to the META Sharpe Ratio of 1.88. 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 17Nov 24DecemberDec 08Dec 15
1.81
1.88
FBY
META

Dividends

FBY vs. META - Dividend Comparison

FBY's dividend yield for the trailing twelve months is around 54.18%, more than META's 0.34% yield.


TTM2023
FBY
YieldMax META Option Income ETF
54.18%8.31%
META
Meta Platforms, Inc.
0.34%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%JulyAugustSeptemberOctoberNovemberDecember
-4.87%
-7.42%
FBY
META

Volatility

FBY vs. META - Volatility Comparison

The current volatility for YieldMax META Option Income ETF (FBY) is 5.50%, while Meta Platforms, Inc. (META) has a volatility of 8.06%. 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%JulyAugustSeptemberOctoberNovemberDecember
5.50%
8.06%
FBY
META
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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