BRKU vs FBL
Direxion Daily BRKB Bull 2X ETF vs GraniteShares 2x Long META Daily ETF
Which is better, BRKU or FBL?
BRKU has been ahead.
BRKU has a lower expense ratio. BRKU led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BRKU | FBL |
|---|---|---|
| Expense Ratio | 1.02%Best | 1.09% |
| AUM | $32M | $140M |
| Dividend Yield | 2.12% | 3.01% |
| Holdings | 22 | 4 |
| YTD Return | +26.88%Best | -26.49% |
| 1Y Return | +24.33%Best | -22.58% |
| 3Y Return (annualized) | - | +18.75% |
| Volatility (annualized) | 34.2%Best | 77.7% |
| Max Drawdown | -35.4%Best | -63.2% |
| $10,000 over 1.9 years | $12,618Best | $6,146 |
| Fund Family | Direxion Shares ETF Trust | GraniteShares |
| Category | Alternative | Alternative |
| Style | Trading-Leveraged Equity | Trading-Leveraged Equity |
| Inception | Dec 11, 2024 | Dec 13, 2022 |
Not shown on this pair: 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 11, 2024 to Nov 11, 2026 (1.9 years).
BRKU vs FBL growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
BRKU vs FBL Performance
Direxion Daily BRKB Bull 2X ETF (BRKU) is an ETF from Direxion Shares ETF Trust and GraniteShares 2x Long META Daily ETF (FBL) is an ETF from GraniteShares. Over the past year BRKU returned +24.33% while FBL returned -22.58%. Year to date, BRKU is up 26.88% versus a loss of 26.49% for FBL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
FBL has been the more volatile fund, with annualized monthly volatility of 77.7% compared with 34.2% for BRKU. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -35.4% for BRKU and -63.2% for FBL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.36. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BRKU charges 1.02% per year while FBL charges 1.09%. On a $10,000 position that is $102 vs $109 annually, a gap of $7 per year that compounds over a long holding period. On income, BRKU currently yields 2.12% against 3.01% for FBL.
Holdings Overlap
We hold position weights for 2 holdings in BRKU and 1 in FBL, totalling 76.2% and 200.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in BRKU and 1 in FBL, against full books of 22 and 4.
You are not choosing between two funds in isolation.
Whichever of BRKU and FBL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BRKU or FBL?
BRKU has an expense ratio of 1.02% while FBL charges 1.09%. BRKU is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, BRKU or FBL?
Over the past year BRKU returned +24.33% vs -22.58% for FBL, so BRKU leads on 1-year performance. Over the longest common window we track (2 years), BRKU annualized +13.02% vs -22.60% for FBL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BRKU or FBL?
FBL has been the more volatile fund at 77.7% annualized versus 34.2% for BRKU. Worst drawdown: BRKU -35.4% vs FBL -63.2%.
Should I hold both BRKU and FBL?
BRKU and FBL have a monthly-return correlation of -0.36, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BRKU or FBL?
BRKU yields 2.12% while FBL yields 3.01%, so FBL currently pays the higher dividend yield.
Is FBL better than BRKU?
BRKU has a lower expense ratio. BRKU led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.