FBYYieldMax META Option Income Strategy ETF
Seeks current income and exposure to the share price of Meta Platforms, Inc.
By YieldMax ETFs · Launched 2023
Annual Cost
1.06%
#5,511 of 6,035 · expensive
Fund Size
$87M
#3,223 of 6,035 · mid-size
Return (1Y)
-15.6%
Track Record
3 years
#3,030 of 6,035 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$8,378-16.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
AlternativeStrategy
Option income
Holdings
By weightConcentration
single-stock exposure — holdings shown are derivatives collateral, not the fund's position
TREASURY BILL
26.6%
TREASURY BILL
19.7%
TREASURY BILL
16.4%
TREASURY BILL
15.2%
TREASURY BILL
10.3%
N/A
8.0%
First American Government Obli
3.5%
N/A
1.5%
N/A
0.0%
N/AMETA 5 C680
-0.0%
Asset allocation
Bonds
59.6%
Cash
38.1%
Stocks
2.2%
Other
0.1%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
32.8%High
Year-on-year price swings
Max drawdown
-31.5%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.64Decent risk-adjusted returns
Sortino (3Y)
0.91Moderate downside risk
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks current income and exposure to the share price of Meta Platforms, Inc.
- Strategy
- Actively managed ETF that seeks current income while providing indirect exposure to the share price of Meta Platforms, Inc. through a synthetic covered call strategy, generating options premiums and participating in a portion of potential gains.
- Inception date
- July 27, 2023
- Fund family
- YieldMax ETFs
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save FBY to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-17