FBYY vs. PEPS
FBYY (GraniteShares YieldBoost META ETF) and PEPS (Parametric Equity Plus ETF) are both Derivative Income funds. Both are actively managed. Their 0.50 correlation means they have sometimes moved together and sometimes differently. FBYY charges 1.07%/yr vs 0.10%/yr for PEPS.
Performance
FBYY vs. PEPS - Performance Comparison
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Returns By Period
In the year-to-date period, FBYY achieves a -30.28% return, which is significantly lower than PEPS's 10.53% return.
FBYY
- 1D
- 0.02%
- 1M
- -6.21%
- 6M
- -28.55%
- YTD
- -30.28%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
PEPS
- 1D
- 0.81%
- 1M
- 0.80%
- 6M
- 8.59%
- YTD
- 10.53%
- 1Y
- 24.79%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 17.01%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $9.18K | $10.40K | $13.97K | |
| $5.31K | $5.85K | $15.49K |
FBYY vs. PEPS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
FBYY GraniteShares YieldBoost META ETF | -30.28% | -11.29% |
PEPS Parametric Equity Plus ETF | 10.53% | 2.27% |
Correlation
The correlation between FBYY and PEPS is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Oct 21, 2025 | 0.50 |
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Return for Risk
FBYY vs. PEPS — Risk / Return Rank
FBYY
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
PEPS
FBYY vs. PEPS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GraniteShares YieldBoost META ETF (FBYY) and Parametric Equity Plus ETF (PEPS). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FBYY | PEPS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.29 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.31 | — |
| Martin ratioReturn relative to average drawdown | — | 10.10 | — |
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Drawdowns
FBYY vs. PEPS - Drawdown Comparison
The maximum FBYY drawdown since its inception was -41.00%, which is greater than PEPS's maximum drawdown of -21.26%. Use the drawdown chart below to compare losses from any high point for FBYY and PEPS.
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Drawdown Indicators
| FBYY | PEPS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.00% | -21.26% | -19.74% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.80% | — |
Current DrawdownCurrent decline from peak | -40.99% | -0.66% | -40.33% |
Average DrawdownAverage peak-to-trough decline | -25.60% | -2.67% | -22.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.24% | — |
Volatility
FBYY vs. PEPS - Volatility Comparison
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Volatility by Period
| FBYY | PEPS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 3.85% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 11.00% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 23.23% | 14.21% | +9.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.23% | 18.11% | +5.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.23% | 18.11% | +5.12% |
FBYY vs. PEPS - Expense Ratio Comparison
FBYY has a 1.07% expense ratio, which is higher than PEPS's 0.10% expense ratio.
Dividends
FBYY vs. PEPS - Dividend Comparison
FBYY's dividend yield for the trailing twelve months is around 54.90%, more than PEPS's 0.92% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
FBYY GraniteShares YieldBoost META ETF | 54.90% | 10.35% | 0.00% |
PEPS Parametric Equity Plus ETF | 0.92% | 1.00% | 0.17% |
Frequently Asked Questions
FBYY and PEPS have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, PEPS is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
PEPS is cheaper with a 0.10% expense ratio, compared with 1.07% for FBYY.
FBYY has the higher dividend yield at 54.90%, compared with 0.92% for PEPS.
They also come from different issuers: GraniteShares and Parametric. Their fees differ too: 1.07% for FBYY and 0.10% for PEPS.
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