Performance analysis of FBL (GRANITESHARES 2X LONG META DAILY ETF)
Annual Return
Over the past 3 years, FBL has had an average annual return of +29.68%, outperforming the benchmark SPY, which returned +22.77% annual.
Since Dec 13, 2022, FBL has had an average annual return of +74.38%, outperforming the benchmark SPY, which returned +21.76% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -25.99% | +0.53% | +112.72% | +340.81% | -1.22% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +15.01% | -19.12% | -24.07% | +11.50% | +5.59% | -10.99% | -25.99% | ||||||
| 2025 | +36.17% | -7.01% | -27.11% | -14.24% | +36.70% | +28.08% | +7.61% | -9.87% | -2.03% | -24.41% | -1.67% | +2.71% | +0.53% |
| 2024 | +15.38% | +50.95% | -2.76% | -24.16% | +16.16% | +15.29% | -13.75% | +18.85% | +19.48% | -3.15% | +1.55% | +2.67% | +112.72% |
| 2023 | +36.59% | +24.61% | +31.90% | +19.21% | +15.63% | +10.42% | +16.09% | -11.42% | +1.12% | -0.44% | +12.05% | +11.21% | +340.81% |
| 2022 | -1.22% | -1.22% |
Drawdown analysis of FBL (GRANITESHARES 2X LONG META DAILY ETF)
The maximum drawdown for the FBL was -61.13%, occurring on Mar 27, 2026. This drawdown has not yet recovered.
The current FBL drawdown is -52.02%.
Since Dec 13, 2022 FBL has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 2 times
- 20% or more: 2 times
- 10% or more: 9 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -61.13% | Feb 14, 2025 | 279 | Mar 27, 2026 | Ongoing | Ongoing | Ongoing |
| -35.25% | Apr 5, 2024 | 17 | Apr 30, 2024 | 98 | Sep 19, 2024 | 115 |
| -19.35% | Jul 28, 2023 | 15 | Aug 18, 2023 | 61 | Nov 14, 2023 | 76 |
| -17.08% | Feb 7, 2023 | 13 | Feb 27, 2023 | 11 | Mar 14, 2023 | 24 |
| -14.93% | Oct 4, 2024 | 30 | Nov 15, 2024 | 11 | Dec 3, 2024 | 41 |
| -14.87% | Dec 11, 2024 | 7 | Dec 20, 2024 | 21 | Jan 24, 2025 | 28 |
| -11.60% | Jul 19, 2023 | 3 | Jul 24, 2023 | 4 | Jul 28, 2023 | 7 |
| -11.14% | Mar 7, 2024 | 6 | Mar 15, 2024 | 14 | Apr 5, 2024 | 20 |
| -10.70% | Nov 22, 2023 | 9 | Dec 6, 2023 | 8 | Dec 18, 2023 | 17 |
| -9.76% | Apr 14, 2023 | 7 | Apr 25, 2023 | 2 | Apr 27, 2023 | 9 |
| -8.91% | Dec 14, 2022 | 3 | Dec 19, 2022 | 9 | Jan 3, 2023 | 12 |
| -8.39% | Feb 2, 2024 | 2 | Feb 6, 2024 | 7 | Feb 15, 2024 | 9 |
| -7.20% | Mar 16, 2023 | 1 | Mar 17, 2023 | 5 | Mar 24, 2023 | 6 |
| -6.73% | May 1, 2023 | 7 | May 10, 2023 | 6 | May 18, 2023 | 13 |
| -6.49% | Feb 15, 2024 | 3 | Feb 21, 2024 | 1 | Feb 22, 2024 | 4 |
| -6.30% | Dec 28, 2023 | 3 | Jan 3, 2024 | 5 | Jan 10, 2024 | 8 |
| -6.02% | Jan 29, 2024 | 2 | Jan 31, 2024 | 2 | Feb 2, 2024 | 4 |
| -5.32% | Jun 2, 2023 | 3 | Jun 7, 2023 | 5 | Jun 14, 2023 | 8 |
| -5.07% | Jun 23, 2023 | 1 | Jun 26, 2023 | 6 | Jul 5, 2023 | 7 |
| -4.80% | Mar 1, 2024 | 2 | Mar 5, 2024 | 2 | Mar 7, 2024 | 4 |
| -4.65% | Jan 27, 2023 | 1 | Jan 30, 2023 | 2 | Feb 1, 2023 | 3 |
| -4.28% | Jan 13, 2023 | 2 | Jan 18, 2023 | 2 | Jan 20, 2023 | 4 |
| -4.04% | Mar 24, 2023 | 2 | Mar 28, 2023 | 2 | Mar 30, 2023 | 4 |
| -3.23% | Dec 6, 2024 | 1 | Dec 9, 2024 | 2 | Dec 11, 2024 | 3 |
| -2.75% | Jan 12, 2024 | 1 | Jan 16, 2024 | 2 | Jan 18, 2024 | 3 |