Which is cheaper, FBYY or XVMT?

FBYY charges 1.07% a year and XVMT charges 0.85%, so XVMT is cheaper. Fees come from each fund's prospectus.

Share on X Download as PDF Open live

FBYY vs XVMT: which paid, and which earned it?

FBYY and XVMT both write options for income. GraniteShares YieldBOOST META ETF and FT Vest META & Target Income ETF.

25.8%

FBYY cash paid, since launch

0.0%

XVMT cash paid, since launch

−36.3%

FBYY total return, since launch

−2.1%

XVMT total return, since launch

FBYY · since launch to Sep 30, 202635.5 pts behind META

FBYY

−36.3%

META

−0.8%

35.5 pts behind META

FBYY since launch: paid 25.8%, price −57.3%, total −36.3%, META −0.8%, −35.5 pts.

META

−0.8%

FBYY

−36.3%

35.5 pts behind META

Total return, distributions reinvested

35.5 pts behind META

FBYY since launch: paid 25.8%, price −57.3%, total −36.3%, META −0.8%, −35.5 pts.

META

−0.8%

FBYY

−36.3%

35.5 pts behind META

25.8% of it arrived as cash. Total return, distributions reinvested. FBYY since launch: paid 25.8%, price −57.3%, total −36.3%, META −0.8%, −35.5 pts.

XVMT · since launch to Sep 30, 2026About even with META

XVMT

−2.1%

META

−2.5%

About even with META

XVMT since launch: paid 0.0%, price −2.1%, total −2.1%, META −2.5%, +0.4 pts.

META

−2.5%

XVMT

−2.1%

about even with META

Total return, distributions reinvested

About even with META

XVMT since launch: paid 0.0%, price −2.1%, total −2.1%, META −2.5%, +0.4 pts.

META

−2.5%

XVMT

−2.1%

about even with META

0.0% of it arrived as cash. Both charts share one scale, 0 to −0.8%. XVMT since launch: paid 0.0%, price −2.1%, total −2.1%, META −2.5%, +0.4 pts.

What they hold in common

By the books each fund has filed, FBYY and XVMT hold 0% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 30, 2026.

50%

half

0% in common

Positions both hold, largest shared weight first

Holding FBYY XVMT

Only in FBYY

Treasury Bill 50.24%

Treasury Bill 49.76%

Only in XVMT

2026-10-23 S&P 500® Mini Index P 1,500.03 292.22%

2026-10-23 S&P 500® Mini Index C 500.03 106.62%

Meta Platforms, Inc. (Class A) 50.50%

US Dollar 6.56%

2026-10-23 Meta Platforms, Inc. (Class A) C 5,991.75 0.00%

2026-10-23 S&P 500® Mini Index C 1,500.03 0.00%

2026-10-23 S&P 500® Mini Index P 500.03 -0.02%

2026-10-02 Meta Platforms, Inc. (Class A) C 750 -0.05%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	FBYY	XVMT	FBYY	XVMT	FBYY	XVMT
3 months	−3.6%	not published	7.0%	not published	−22.0 pts	not published
6 months	−7.9%	not published	15.9%	not published	−33.3 pts	not published
Since launch FBYY Oct 2025 · XVMT Sep 2026	−36.3%	−2.1%	25.8%	0.0%	−35.5 pts	+0.4 pts

FBYY and XVMT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

FBYY

GraniteShares YieldBOOST META ETF · Synthetic covered call on META, paying weekly

XVMT

FT Vest META & Target Income ETF · Option income on META

Issuer GraniteShares First Trust

Strategy synthetic covered call option income

Benchmark (META) (META)

Pays weekly not established

Payout rate, annualized 31.3% not published

Expense ratio 1.07% 0.85%

Cash paid, 1 year 25.8% (since launch on Oct 21, 2025) 0.0% (since launch on Sep 23, 2026)

Price change, 1 year −57.3% −2.1%

Total return, 1 year −36.3% (since launch on Oct 21, 2025) −2.1% (since launch on Sep 23, 2026)

Benchmark return, 1 year −0.8% −2.5%

Ahead or behind −35.5 pts +0.4 pts

Return of capital, latest estimate 92% not published

Age 344 days 7 days

Net assets $318,830 $1m

FBYY and XVMT on the same fields, as of Sep 30, 2026. Source: ETFIQ.

FBYY in plain words

Over the period since launch on Oct 21, 2025 to Sep 30, 2026, FBYY paid 25.8% of its starting value in cash distributions while its price fell 57.3%. With every distribution reinvested, the fund returned −36.3%. (META) returned −0.8% over the same days, so a holder was behind by 35.5 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 31.3%, paid weekly. GraniteShares estimates that 92% of the distribution paid Sep 1, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

XVMT in plain words

Over the period since launch on Sep 23, 2026 to Sep 30, 2026, XVMT paid 0.0% of its starting value in cash distributions while its price fell 2.1%. With every distribution reinvested, the fund returned −2.1%. (META) returned −2.5% over the same days, so a holder was about even.

Questions people ask

Which is cheaper, FBYY or XVMT?: FBYY charges 1.07% a year and XVMT charges 0.85%, so XVMT is cheaper. Fees come from each fund's prospectus.

Other comparisons

FBYY vs MEIB FBYY vs METW FBYY vs FBY XVMT vs FBY XVMT vs MEIB XVMT vs METW

FBYY on its own →XVMT on its own →How every figure is computed →Standards and sources →

Where these figures came from

FBYY filings on SEC EDGAR ↗FBYY prospectus with the expense ratio (SEC) ↗FBYY 19a-1 distribution notice ↗GraniteShares page for FBYY ↗XVMT filings on SEC EDGAR ↗XVMT prospectus with the expense ratio (SEC) ↗First Trust page for XVMT ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, FBYY against XVMT, data as of Sep 30, 2026. https://etfiq.com/compare/income/fbyy-vs-xvmt

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.