{"url":"https://etfiq.com/compare/leverage/fbl-vs-metg","section":"compare","title":"FBL vs METG: which held to its multiple? | ETFIQ","description":"FBL sets out to return +2 times META each day and METG +2 times. Over the month to Sep 30, 2026 they finished +1.9 pts and +1.3 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, FBL or METG?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, FBL finished 7.7 points from what its multiple implies and METG finished 1.3 points from its own, so METG came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are FBL and METG levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Meta Platforms, FBL at +2 times and METG at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, FBL or METG?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window FBL\u2019s moved at 49% annualized and METG\u2019s at 55%, so METG has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold FBL or METG for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, FBL or METG?","acceptedAnswer":{"@type":"Answer","text":"FBL charges 1.09% a year and METG charges 0.75%, so METG is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"FBL vs METG","item":"https://etfiq.com/compare/leverage/fbl-vs-metg"}]},{"@type":"WebPage","name":"FBL vs METG: which held to its multiple?","description":"FBL sets out to return +2 times META each day and METG +2 times. Over the month to Sep 30, 2026 they finished +1.9 pts and +1.3 pts away.","url":"https://etfiq.com/compare/leverage/fbl-vs-metg","dateModified":"2026-09-30","abstract":"Over the days both have traded, FBL finished 1.9 points from its stated multiple and METG 1.3.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of FBL and METG","description":"FBL sets out to return +2 times META each day and METG +2 times. Over the month to Sep 30, 2026 they finished +1.9 pts and +1.3 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/fbl-vs-metg","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6449,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / FBL vs METG \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n FBL vs METG: which held to its multiple?\n\n Over the days both have traded, FBL finished 1.9 points from its stated multiple and METG 1.3.\n Copy this for sharing \n \n GraniteShares 2x Long META Daily ETF and Leverage Shares 2X Long META Daily ETF.\n\n Download as PDF \n\n +29.1% FBL returned, 3 months \n +28.1% METG returned, since launch \n \u22127.7 pts FBL from its stated multiple \n \u22127.7 pts METG from its stated multiple \n\n FBL 7.7 pts short of its stated multiple \u00b7 3 months to Sep","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/fbl-vs-metg","a":{"ticker":"FBL","name":"GraniteShares 2x Long META Daily ETF","issuer":"GraniteShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: FBL returned +29.1% where its own daily promise gave +32.2%, 3.1 points short.","url":"https://etfiq.com/funds/fbl","key_facts":[{"label":"What META did","value":"+18.4%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+32.2%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+29.1%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.1 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$181m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.09%","as_of":"2026-09-30","source":"485BPOS XBRL, Oct 24, 2025"}]},"b":{"ticker":"METG","name":"Leverage Shares 2X Long META Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"One month to Sep 30, 2026: METG returned +54.9% where its own daily promise gave +56.8%, 1.9 points short.","url":"https://etfiq.com/funds/metg","key_facts":[{"label":"What META did","value":"+26.8%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"+56.8%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"+54.9%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22121.9 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$3m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.75%","as_of":"2026-09-30","source":"485BPOS XBRL, Jun 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/fbl-vs-metg"}