Data as of .
FBY vs MEIB: which paid, and which earned it?
FBY and MEIB both write options for income.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FBY | MEIB | FBY | MEIB | FBY | MEIB | |
| 3 months | +8.5% | not published | 10.0% | not published | −6.9 pts | not published |
| 6 months | +4.1% | not published | 18.7% | not published | −8.2 pts | not published |
| 1 year | −17.1% | not published | 28.0% | not published | −2.7 pts | not published |
| 3 years | +68.1% | not published | 110.8% | not published | −52.0 pts | not published |
| Since launch | +62.6% | +14.5% | 107.0% | 2.4% | −43.7 pts | +0.8 pts |
| FBY YieldMax(R) META Option Income Strategy ETF Synthetic covered call on META, paying weekly | MEIB Direxion META Defined Income Boost ETF Option income on META, paying monthly | |
|---|---|---|
| Issuer | YieldMax | Direxion |
| Strategy | synthetic covered call | option income |
| Benchmark | (META) | (META) |
| Pays | weekly | monthly |
| Payout rate, annualized | 40.9% | 9.8% |
| Expense ratio | 1.06% | 0.97% |
| Cash paid, 1 year | 28.0% | 2.4% (since launch on Jul 29, 2026) |
| Price change, 1 year | −44.9% | +11.9% |
| Total return, 1 year | −17.1% | +14.5% (since launch on Jul 29, 2026) |
| Benchmark return, 1 year | −14.4% | +13.7% |
| Ahead or behind | −2.7 pts | +0.8 pts |
| Return of capital, latest estimate | 95% | not published |
| Age | 1148 days | 51 days |
| Net assets | $115m | $2m |
FBY in plain words
Over the year to Sep 18, 2026, FBY paid 28.0% of its starting value in cash distributions while its price fell 44.9%. With every distribution reinvested, the fund returned −17.1%. (META) returned −14.4% over the same days, so a holder was behind by 2.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 40.9%, paid weekly. YieldMax estimates that 95% of the distribution paid Sep 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
MEIB in plain words
Over the period since launch on Jul 29, 2026 to Sep 18, 2026, MEIB paid 2.4% of its starting value in cash distributions while its price rose 11.9%. With every distribution reinvested, the fund returned +14.5%. (META) returned +13.7% over the same days, so a holder was ahead by 0.8 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.8%, paid monthly.
Questions people ask
- Which is cheaper, FBY or MEIB?
- FBY charges 1.06% a year and MEIB charges 0.97%, so MEIB is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, FBY against MEIB, data as of Sep 18, 2026. https://etfiq.com/compare/income/fby-vs-meib Free to use with attribution; the underlying files are at Open data.