FBLGraniteShares 2x Long META Daily ETF
Seeks daily investment results of 2 times the daily percentage change of the common stock of Meta Platforms, Inc.
By Graniteshares · Launched 2022
Annual Cost
1.09%
#5,592 of 6,040 · expensive
Fund Size
$181M
#2,539 of 6,040 · mid-size
Return (1Y)
-40.2%
Track Record
3 years
#2,826 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$6,031-39.7%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Leveraged
Holdings
By weightConcentration
single-stock exposure — holdings shown are derivatives collateral, not the fund's position
Clear Street
84.6%
Goldman Sachs
77.2%
Cowen Group
30.4%
Morgan Stanley
7.4%
Asset allocation
Cash
90.7%
Stocks
8.4%
Other
0.9%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
79.1%High
Year-on-year price swings
Max drawdown
-63.2%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.69Decent risk-adjusted returns
Sortino (3Y)
1.06Good downside protection
Listing
- Exchange
- NASDAQ Global Select Market
Full fund details
- Objective
- Seeks daily investment results of 2 times the daily percentage change of the common stock of Meta Platforms, Inc.
- Strategy
- Actively managed ETF aiming to replicate 200% of the daily performance of Meta Platforms, Inc. through swaps and options. Investment exposure is concentrated in the Computer Programming industry.
- Inception date
- December 12, 2022
- Fund family
- Graniteshares
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Data updated on 2026-09-18