FBL Performance — GraniteShares 2x Long META Daily ETF
Data updated: 2026-09-11
FBL returned −35.63% year to date and −53.21% over one year to Jun 2026. The annualised 3-year return is −6.31%. The fund trailed its Trading - Leveraged category average: $100 invested three years ago grew to $82, against $157 for the category, and to $47 over one year, against $121. Volatility over the past three years was 55.47% a year. In the 12 months to Jun 2026 the fund took in a net $173.8M, and assets reached $197.61M.
FBL Growth of $100
What $100 invested in GraniteShares 2x Long META Daily ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Trading - Leveraged category average over the same months.
| Period | FBL | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $47 | $121 |
| 3 years (Jul 2023 – Jun 2026) | $82 | $157 |
| Since data start (Oct 2022 – Jun 2026) | $83 | $179 |
FBL Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −35.63% |
| 1 year | −53.21% |
| 3 years (annualised) | −6.31% |
FBL Annual Returns
Calendar-year total returns of GraniteShares 2x Long META Daily ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | −35.63% |
| 2025 | +0.84% |
| 2024 | +26.32% |
| 2023 | +1.63% |
| 2022 (Oct–Dec) | 0.00% |
FBL Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +14.9% | −19.2% | −24.0% | +11.5% | +5.6% | −22.5% | — | — | — | — | — | — |
| 2025 | +36.5% | −7.0% | −27.2% | −13.9% | +36.4% | +27.8% | +7.6% | −10.0% | −1.9% | −24.4% | −1.5% | +2.8% |
| 2024 | +0.5% | +0.2% | −0.3% | −23.8% | +16.1% | +15.3% | −13.6% | +18.5% | +19.5% | −2.9% | +1.3% | +2.6% |
| 2023 | +0.2% | +0.4% | +0.1% | +0.1% | +0.2% | +0.3% | −0.1% | +0.2% | +0.1% | +0.1% | 0.0% | 0.0% |
| 2022 | — | — | — | — | — | — | — | — | — | 0.0% | 0.0% | 0.0% |
FBL Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 55.47%
- 3-year Sharpe ratio: -0.19 (vs 4.5% risk-free rate)
- Best month: +36.47% (Jan 2025)
- Worst month: −27.16% (Mar 2025)
FBL Fund Flows
Monthly money in and out of GraniteShares 2x Long META Daily ETF, from SEC Form N-PORT.
- 12-month net flow: $173.8M
- 12-month gross sales (incl. reinvestments): $937.5M
- Sales ÷ redemptions: 1.23×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $97.3M | $106.2M | −$8.9M |
| May 2026 | $119.5M | $57.5M | $61.9M |
| Apr 2026 | $55.1M | $78.6M | −$23.5M |
| Mar 2026 | $84.6M | $58.3M | $26.2M |
| Feb 2026 | $36.2M | $48.7M | −$12.5M |
| Jan 2026 | $0 | $154.2M | −$154.2M |
| Dec 2025 | $0 | $107.5M | −$107.5M |
| Nov 2025 | $120.3M | $34.4M | $85.9M |
| Oct 2025 | $376.7M | $56.3M | $320.4M |
| Sep 2025 | $16.0M | $9.0M | $7.0M |
| Aug 2025 | $4.6M | $26.6M | −$22.0M |
| Jul 2025 | $27.3M | $26.3M | $959K |
FBL Assets Under Management
Net assets of GraniteShares 2x Long META Daily ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $197.61M |
| 2026-03-31 | $192.97M |
| 2025-12-31 | $379.61M |
| 2025-09-30 | $149.92M |
| 2025-06-30 | $166.89M |
| 2025-03-31 | $133.09M |
| 2024-12-31 | $128.23M |
| 2024-09-30 | $113.05M |
| 2024-06-30 | $109.49M |
| 2024-03-31 | $69.42M |
| 2023-12-31 | $9.30M |
| 2023-09-30 | $15.10M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.