Data as of Nov 4, 2026.
FBY vs MEIB: Dividend Yield & Total Return
FBY and MEIB both write options for income.
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Net assets on Nov 3, 2026: $98m for YieldMax META Option Income Strategy ETF and $2.0m for Direxion META Defined Income Boost ETF.
6.6 pts behind META
FBY over 1 year: paid 34.1%, price −38.4%, total −5.8%, META +0.8%, −6.6 pts. Data to Nov 4, 2026.
META
+0.8%
FBY
−5.8%
6.6 pts behind META
Total return, distributions reinvested
6.6 pts behind META
FBY over 1 year: paid 34.1%, price −38.4%, total −5.8%, META +0.8%, −6.6 pts. Data to Nov 4, 2026.
META
+0.8%
FBY
−5.8%
6.6 pts behind META
34.1% of it arrived as cash. Total return, distributions reinvested. FBY over 1 year: paid 34.1%, price −38.4%, total −5.8%, META +0.8%, −6.6 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.0.7 pts behind META
MEIB since launch: paid 5.3%, price +1.9%, total +7.0%, META +7.7%, −0.7 pts. Data to Nov 4, 2026.
META
+7.7%
MEIB
+7.0%
5.3% of it arrived as cash
0.7 pts behind META
Total return, distributions reinvested
0.7 pts behind META
MEIB since launch: paid 5.3%, price +1.9%, total +7.0%, META +7.7%, −0.7 pts. Data to Nov 4, 2026.
META
+7.7%
MEIB
+7.0%
0.7 pts behind META
5.3% of it arrived as cash. Both charts share one scale, with zero at the line. MEIB since launch: paid 5.3%, price +1.9%, total +7.0%, META +7.7%, −0.7 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
MEIB costs 0.09 points a year less; FBY is far larger, $98m against $2.0m.
Points (pts) are percentage points.
| Measure | FBY | MEIB |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | −5.8% | not published |
| Price change | fell 38.4% (1 year) | rose 1.9% (since Jul 29, 2026) |
| Return of capital, issuer estimate | 29% of the Nov 2, 2026 payment | |
| Against its benchmark | ||
| Benchmark | Meta Platforms (META) | Meta Platforms (META) |
| Cost and size | ||
| Expense ratio | 1.06% | 0.97% |
| Net assets, as of Nov 3, 2026 | $98m | $2.0m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, FBY and MEIB hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 4, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | FBY | MEIB | FBY | MEIB | FBY | MEIB |
| 3 months | +3.4% | +6.5% | 11.4% | 5.3% | −3.7 pts | −0.6 pts |
| 6 months | −1.3% | – | 19.7% | – | −4.2 pts | – |
| 1 year | −5.8% | – | 34.1% | – | −6.6 pts | – |
| 3 years | +52.5% | – | 108.5% | – | −49.6 pts | – |
| Since launchNot the same days: FBY Jul 2023 · MEIB Jul 2026 | +54.9% | +7.0% | 109.8% | 5.3% | −40.5 pts | −0.7 pts |
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FBY
Over the year to Nov 4, 2026, FBY paid 34.1% of its starting value in cash distributions while its price fell 38.4%. With every distribution reinvested, the fund returned −5.8%. Meta Platforms (META) returned +0.8% over the same days, so a holder was behind by 6.6 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 33.3%, paid weekly.
MEIB
Over the period from its first trade on Jul 29, 2026 to Nov 4, 2026, MEIB paid 5.3% of its starting value in cash distributions while its price rose 1.9%. With every distribution reinvested, the fund returned +7.0%. Meta Platforms (META) returned +7.7% over the same days, so a holder was behind by 0.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.8%, paid monthly. Direxion estimates that 29% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
Cite this pageCitation, APA and Markdown
ETFIQ, FBY against MEIB, data as of Nov 4, 2026. https://etfiq.com/compare/income/fby-vs-meib
ETFIQ. (Nov 4, 2026). FBY against MEIB. Retrieved from https://etfiq.com/compare/income/fby-vs-meib
[FBY against MEIB (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/fby-vs-meib)
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