Which is cheaper, MEIB or XVMT?

MEIB charges 0.97% a year and XVMT charges 0.85%, so XVMT is cheaper. Fees come from each fund's prospectus.

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

MEIB and XVMT both write options for income. Direxion META Defined Income Boost ETF and FT Vest META & Target Income ETF.

3.4%

MEIB cash paid, since launch

0.0%

XVMT cash paid, since launch

+24.5%

MEIB total return, since launch

−2.1%

XVMT total return, since launch

MEIB · since launch to Sep 30, 20260.6 pts ahead of META

MEIB

+24.5%

META

+23.9%

0.6 pts ahead of META

MEIB since launch: paid 3.4%, price +20.7%, total +24.5%, META +23.9%, +0.6 pts.

META

+23.9%

MEIB

+24.5%

3.4% cash

0.6 pts ahead of META

Total return, distributions reinvested

0.6 pts ahead of META

MEIB since launch: paid 3.4%, price +20.7%, total +24.5%, META +23.9%, +0.6 pts.

META

+23.9%

MEIB

+24.5%

0.6 pts ahead of META

3.4% of it arrived as cash. Total return, distributions reinvested. MEIB since launch: paid 3.4%, price +20.7%, total +24.5%, META +23.9%, +0.6 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 +24.5%. XVMT since launch: paid 0.0%, price −2.1%, total −2.1%, META −2.5%, +0.4 pts.

Performance, window by window

	Total return		Cash paid		Against the benchmark
Window	MEIB	XVMT	MEIB	XVMT	MEIB	XVMT
Since launch MEIB Jul 2026 · XVMT Sep 2026	+24.5%	−2.1%	3.4%	0.0%	+0.6 pts	+0.4 pts

MEIB 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

MEIB

Direxion META Defined Income Boost ETF · Option income on META, paying monthly

XVMT

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

Issuer Direxion First Trust

Strategy option income option income

Benchmark (META) (META)

Pays monthly not established

Payout rate, annualized 9.9% not published

Expense ratio 0.97% 0.85%

Cash paid, 1 year 3.4% (since launch on Jul 29, 2026) 0.0% (since launch on Sep 23, 2026)

Price change, 1 year +20.7% −2.1%

Total return, 1 year +24.5% (since launch on Jul 29, 2026) −2.1% (since launch on Sep 23, 2026)

Benchmark return, 1 year +23.9% −2.5%

Ahead or behind +0.6 pts +0.4 pts

Return of capital, latest estimate not published not published

Age 63 days 7 days

Net assets $2m $1m

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

MEIB in plain words

Over the period since launch on Jul 29, 2026 to Sep 30, 2026, MEIB paid 3.4% of its starting value in cash distributions while its price rose 20.7%. With every distribution reinvested, the fund returned +24.5%. (META) returned +23.9% over the same days, so a holder was ahead by 0.6 pts. At its price on Sep 30, 2026 the latest distribution annualizes to 9.9%, paid monthly.

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, MEIB or XVMT?: MEIB charges 0.97% a year and XVMT charges 0.85%, so XVMT is cheaper. Fees come from each fund's prospectus.

Other comparisons

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

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

Where these figures came from

MEIB filings on SEC EDGAR ↗MEIB prospectus with the expense ratio (SEC) ↗Direxion website ↗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, MEIB against XVMT, data as of Sep 30, 2026. https://etfiq.com/compare/income/meib-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.