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Data as of .

FBY vs METW: which paid, and which earned it?

Over the year FBY paid 28.0% of its price in cash against METW’s 25.4%, and returned more with it reinvested.

YieldMax(R) META Option Income Strategy ETF and Roundhill META WeeklyPay ETF.

28.0%FBY cash paid, 1 year
25.4%METW cash paid, 1 year
−17.1%FBY total return, 1 year
−21.5%METW total return, 1 year

ETFIQ Return Stability Score: FBY scores higher

Was the payout funded by returns, or by your own capital?

FBY 57METW 40.77.8, the lowest in this set97.7, the highest

A percentile among the 64 income ETFs writing on a single company. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

FBY2.7 pts behind META · 1 year to Sep 18, 2026
META−14.4%FBY−17.1%2.7 pts behind METATotal return, distributions reinvestedMETA−14.4%FBY−17.1%2.7 pts behind META
METW7.1 pts behind META · 1 year to Sep 18, 2026
META−14.4%METW−21.5%7.1 pts behind METATotal return, distributions reinvestedMETA−14.4%METW−21.5%7.1 pts behind META

What they hold in common

By the books each fund has filed, FBY and METW hold 30% of their money in the same securities at the same weight.

Positions FBY and METW both hold, largest shared weight first
HoldingFBYMETW
TREASURY BILL30.16%76.97%
Only in each
Only in FBYOnly in METW
TREASURY BILL 22.33%Meta Platforms Inc 23.03%
TREASURY BILL 18.57%
TREASURY BILL 17.24%
TREASURY BILL 11.70%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Jun 30, 2026.

Performance, window by window

FBY and METW over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
FBYMETWFBYMETWFBYMETW
3 months+8.5%+16.6%10.0%9.9%−6.9 pts+1.2 pts
6 months+4.1%+11.1%18.7%17.2%−8.2 pts−1.1 pts
1 year−17.1%−21.5%28.0%25.4%−2.7 pts−7.1 pts
3 years+68.1%not published110.8%not published−52.0 ptsnot published
Since launch+62.6%−11.0%107.0%37.2%−43.7 pts−7.0 pts
Open the live comparison on ETFIQ
FBY and METW on the same fields, as of Sep 18, 2026. Source: ETFIQ.
FBY
YieldMax(R) META Option Income Strategy ETF
Synthetic covered call on META, paying weekly
METW
Roundhill META WeeklyPay ETF
Option income on META, paying weekly
IssuerYieldMaxRoundhill
Strategysynthetic covered calloption income
Benchmark(META)(META)
Paysweeklyweekly
Payout rate, annualized40.9%50.2%
Expense ratio1.06%1.00%
Cash paid, 1 year28.0%25.4%
Price change, 1 year−44.9%−46.9%
Total return, 1 year−17.1%−21.5%
Benchmark return, 1 year−14.4%−14.4%
Ahead or behind−2.7 pts−7.1 pts
Return of capital, latest estimate95%not published
Age1148 days457 days
Net assets$115m$27m

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).

METW in plain words

Over the year to Sep 18, 2026, METW paid 25.4% of its starting value in cash distributions while its price fell 46.9%. With every distribution reinvested, the fund returned −21.5%. (META) returned −14.4% over the same days, so a holder was behind by 7.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 50.2%, paid weekly.

Questions people ask

Which paid more, FBY or METW?
Over the year to Sep 18, 2026, FBY paid 28.0% of its starting price in cash and METW paid 25.4%, so FBY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FBY or METW?
With every distribution reinvested, FBY returned −17.1% and METW returned −21.5% over the year to Sep 18, 2026, so FBY returned more.
Which is cheaper, FBY or METW?
FBY charges 1.06% a year and METW charges 1.00%, so METW 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.

FBY against METW, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, FBY against METW, data as of Sep 18, 2026. https://etfiq.com/compare/income/fby-vs-metw Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources