FBL — GraniteShares 2x Long META Daily ETF
GraniteShares 2x Long META Daily ETF (ticker: FBL) is a equity ETF issued by GraniteShares tracking ACTIVE - No Index. It was launched on 2022-12-13.
About FBL
The GraniteShares 2x Long META Daily ETF (FBL) was established on December 13, 2022, and aims to provide 2x leveraged daily returns reflective of the performance of Meta Platforms (META). As an actively managed fund, it does not track a passive index.
FBL is categorized as a Leveraged Equity ETF within the U.S. Interactive Media & Services segment, specifically targeting the Social Media sector. It is designed for investors seeking magnified daily exposure to META.
- Targets 2x leveraged daily returns for Meta Platforms (META) stock.
- Actively managed ETF; no underlying index.
- Expense ratio of 0.01% with $25.90 billion in AUM.
- Primary holdings include Meta Platforms (META) at 200.05% and US Dollars at 100%.
Returns (Total Return)
| Period | Return |
|---|---|
| 1 Day | 8.48% |
| 1 Week | -4.43% |
| 1 Month | 3.12% |
| 3 Months | -15.44% |
| 6 Months | -17.04% |
| YTD | -19.72% |
| 1 Year | -31.19% |
| 3 Years | 131.84% |
| 5 Years | — |
| 10 Years | — |
| Since Inception | — |
Top Holdings
| # | Security | Symbol | Weight |
|---|---|---|---|
| 1 | META | META | 201.63% |
| 2 | META | META | 201.63% |
| 3 | META | 200.78% | |
| 4 | META | 200.78% | |
| 5 | META | 200.78% | |
| 6 | META | META | 200.34% |
| 7 | META | META | 200.34% |
| 8 | META | META | 200.34% |
| 9 | META | META | 200.34% |
| 10 | META | META | 200.34% |
Fund Profile
| Issuer | GraniteShares |
|---|---|
| Brand | GraniteShares |
| Asset Class | equity |
| Strategy | Vanilla |
| Structure | ETF |
| Category | Leveraged Equities |
| Segment | Leveraged Equity: U.S. Interactive Media & Services |
| Sector | Social Media |
| Region | North America |
| Index Tracked | ACTIVE - No Index |
| Inception Date | 2022-12-13 |
| Tax on Distributions | Ordinary income |
Quick Facts
| Ticker | FBL |
|---|---|
| Full Name | GraniteShares 2x Long META Daily ETF |
| Issuer | GraniteShares |
| Asset Class | equity |
| Expense Ratio | 0.01% |
| AUM | $243.74M |
| Inception | 2022-12-13 |
| Index Tracked | ACTIVE - No Index |
Frequently Asked Questions
What does FBL track?
FBL (GraniteShares 2x Long META Daily ETF) tracks ACTIVE - No Index, a equity benchmark.
What is the expense ratio of FBL?
FBL has an expense ratio of 0.01% per year.
What is the AUM of FBL?
FBL has approximately $243.74M in assets under management.
Does FBL pay a dividend?
FBL distributes income according to its prospectus (Ordinary income tax treatment). Check the dividend history tab for ex-dividend dates and yield.
Who issues FBL?
FBL is issued by GraniteShares, launched on 2022-12-13.
Open the interactive FBL dashboard for charts, historical fund flows, holdings breakdown and seasonality patterns.