FBL vs VTI

Quick Verdict

VTI has a lower expense ratio. VTI delivered stronger 1-year returns. VTI offers more diversification with 2783 holdings.

Lower Fees: VTIHigher Returns: VTIMore Diversified: VTI

Side-by-Side Comparison

MetricFBLVTIWinner
Expense Ratio1.09%0.03%
AUM$177M$663.5B
Dividend Yield3.22%1.07%
Holdings23,543
YTD Return-29.24%+14.16%
1Y Return-52.49%+23.62%
3Y Return (annualized)+21.22%+21.43%
5Y Return (annualized)-+12.33%
Volatility (annualized)64.5%15.3%
Max Drawdown-63.2%-56.6%
Fund FamilyGraniteSharesVanguard (US)
CategoryAlternativeEquity
InceptionDec 13, 2022May 24, 2001

FBL vs VTI Performance

GraniteShares 2x Long META Daily ETF (FBL) is a ETF from GraniteShares and Vanguard Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year FBL returned -52.49% while VTI returned +23.62%. Year to date, FBL is down 29.24% versus a gain of 14.16% for VTI.

Over three years, FBL compounded at +21.22% per year against +21.43% for VTI. Across the full 4-year window we track, FBL has the edge at +66.10% annualized vs +8.14%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

FBL has been the more volatile fund, with annualized monthly volatility of 64.5% compared with 15.3% for VTI. 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 -63.2% for FBL and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

FBL charges 1.09% per year while VTI charges 0.03%. On a $10,000 position that is $109 vs $3 annually, a gap of $106 per year that compounds over a long holding period. On income, FBL currently yields 3.22% against 1.07% for VTI.

Holdings Overlap

0.0%overlap

FBL and VTI share 1 holdings out of 2783 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in FBLWeight in VTIDifference
NUVL66.64%0.00%66.64%

Frequently Asked Questions

Which is cheaper, FBL or VTI?

FBL has an expense ratio of 1.09% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $106 per year of difference.

Which performed better, FBL or VTI?

Over the past year FBL returned -52.49% vs +23.62% for VTI, so VTI leads on 1-year performance. Over the longest common window we track (4 years), FBL annualized +66.10% vs +8.14% for VTI. Past performance does not guarantee future results.

Which is riskier, FBL or VTI?

FBL has been the more volatile fund at 64.5% annualized versus 15.3% for VTI. Worst drawdown: FBL -63.2% vs VTI -56.6%.

Should I hold both FBL and VTI?

FBL and VTI have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between FBL and VTI?

FBL and VTI share 1 common holdings with a 0.0% weight overlap. Combined, they hold 2783 unique securities.

Which pays a higher dividend, FBL or VTI?

FBL yields 3.22% while VTI yields 1.07%, so FBL currently pays the higher dividend yield.

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