Data as of .
FBYY vs MEIB: which paid, and which earned it?
FBYY and MEIB both write options for income.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FBYY | MEIB | FBYY | MEIB | FBYY | MEIB | |
| 3 months | −6.1% | not published | 6.8% | not published | −21.5 pts | not published |
| 6 months | −11.0% | not published | 15.7% | not published | −23.2 pts | not published |
| Since launch | −36.0% | +14.5% | 25.6% | 2.4% | −27.1 pts | +0.8 pts |
| FBYY GraniteShares YieldBOOST META ETF Synthetic covered call on META, paying weekly | MEIB Direxion META Defined Income Boost ETF Option income on META, paying monthly | |
|---|---|---|
| Issuer | GraniteShares | Direxion |
| Strategy | synthetic covered call | option income |
| Benchmark | (META) | (META) |
| Pays | weekly | monthly |
| Payout rate, annualized | 29.7% | 9.8% |
| Expense ratio | 1.07% | 0.97% |
| Cash paid, 1 year | 25.6% (since launch on Oct 21, 2025) | 2.4% (since launch on Jul 29, 2026) |
| Price change, 1 year | −56.9% | +11.9% |
| Total return, 1 year | −36.0% (since launch on Oct 21, 2025) | +14.5% (since launch on Jul 29, 2026) |
| Benchmark return, 1 year | −9.0% | +13.7% |
| Ahead or behind | −27.1 pts | +0.8 pts |
| Return of capital, latest estimate | 92% | not published |
| Age | 332 days | 51 days |
| Net assets | $214,357 | $2m |
FBYY in plain words
Over the period since launch on Oct 21, 2025 to Sep 18, 2026, FBYY paid 25.6% of its starting value in cash distributions while its price fell 56.9%. With every distribution reinvested, the fund returned −36.0%. (META) returned −9.0% over the same days, so a holder was behind by 27.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 29.7%, paid weekly. GraniteShares estimates that 92% of the distribution paid Aug 25, 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, FBYY or MEIB?
- FBYY charges 1.07% 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, FBYY against MEIB, data as of Sep 18, 2026. https://etfiq.com/compare/income/fbyy-vs-meib Free to use with attribution; the underlying files are at Open data.