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FBL vs NVDL

GraniteShares 2x Long META Daily ETF vs GraniteShares 2x Long NVDA Daily ETF

FBL

GraniteShares 2x Long META Daily ETF

Graniteshares

Annual cost

1.09%

Fund size

$185M

NVDL

GraniteShares 2x Long NVDA Daily ETF

Graniteshares

Annual cost

1.05%

Fund size

$3.6B

Key differences

  • NVDL is significantly larger than FBL — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, NVDL has delivered higher annualized returns.

Side-by-side comparison

FBLNVDL
Annual cost (TER)1.09%1.05%
Fund size (AUM)$185M$3.6B
Since20222022
Dividend yield2.63%0.00%
Asset classequityequity
Regionnorth americanorth america
Strategyleveragedleveraged
CAGR 1Y-25.4%+113.6%
CAGR 3Y+39.3%+138.7%
CAGR 5YN/AN/A
Sharpe 3Y0.771.36
Volatility 1Y69.42%67.59%
Max drawdown-61.15%-67.55%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FBL and NVDL