FBL vs TUR

Comparison between GRANITESHARES 2X LONG META DAILY ETF (FBL, ETF) and ISHARES MSCI TURKEY ETF (TUR, ETF).

FBL vs TUR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FBL(ETF)	TUR(ETF)
Net Assets	$198M	$198M
Expense Ratio	N/A	0.59%
Max Drawdown	61.93%	78.28%
Sharpe Ratio	-0.20	0.79
5Y Beta	2.77	0.51
P/E Ratio	26.71	N/A
Forward P/E	20.75	N/A
PEG Ratio	1.20	N/A
5Y Dividends CAGR	N/A	7.17%
5Y EPS CAGR	36.87%	N/A
Debt to Equity	24.11%	N/A
P/S Ratio	7.81	N/A
P/B Ratio	6.84	N/A

Net Assets

FBL

$198M

Winner

TUR

$198M

Expense Ratio

FBL

N/A

TUR

0.59%

Max Drawdown

Winner

FBL

61.93%

TUR

78.28%

Sharpe Ratio

FBL

-0.20

Winner

TUR

0.79

5Y Beta

FBL

2.77

Winner

TUR

0.51

P/E Ratio

FBL

26.71

TUR

N/A

Forward P/E

FBL

20.75

TUR

N/A

PEG Ratio

FBL

1.20

TUR

N/A

5Y Dividends CAGR

FBL

N/A

TUR

7.17%

5Y EPS CAGR

FBL

36.87%

TUR

N/A

Debt to Equity

FBL

24.11%

TUR

N/A

P/S Ratio

FBL

7.81

TUR

N/A

P/B Ratio

FBL

6.84

TUR

N/A

FBL vs TUR - Historical Returns

Returns include dividend reinvestment.

Period	FBL	TUR
1 month	+26.67%	-2.47%
3 months	-13.76%	-5.50%
6 months	-4.17%	+3.47%
1 year	-35.67%	+19.05%
5 years(CAGR)	N/A	+16.35%
10 years(CAGR)	N/A	+4.05%
Max(CAGR)	+75.86%	+1.49%

Winner

FBL

+26.67%

TUR

-2.47%

FBL

-13.76%

Winner

TUR

-5.50%

FBL

-4.17%

Winner

TUR

+3.47%

FBL

-35.67%

Winner

TUR

+19.05%

5Y(CAGR)

FBL

N/A

TUR

+16.35%

10Y(CAGR)

FBL

N/A

TUR

+4.05%

Max(CAGR)

Winner

FBL

+75.86%

TUR

+1.49%

FBL vs TUR - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	FBL	TUR
2026	-15.54%	+14.49%
2025	-3.86%	-3.14%
2024	+119.98%	+11.63%
2023	+316.78%	-10.50%
2022	-1.22%	+91.30%
2021	N/A	-28.08%
2020	N/A	-3.20%
2019	N/A	+17.42%
2018	N/A	-43.19%
2017	N/A	+42.27%
2016	N/A	-5.86%
2015	N/A	-30.82%
2014	N/A	+20.09%
2013	N/A	-28.42%
2012	N/A	+58.87%
2011	N/A	-37.01%
2010	N/A	+20.66%
2009	N/A	+98.54%
2008	N/A	-42.15%

FBL vs TUR Drawdown Comparison

The maximum drawdown for FBL was -61.13%, occurring on Mar 27, 2026. This drawdown has not yet recovered.

The maximum drawdown for TUR was -72.38%, occurring on Mar 20, 2020. This drawdown has not yet recovered.

The current FBL drawdown is -46.78%. The current TUR drawdown is -26.93%.

Rank	FBL	TUR
#1	-61.13% Feb 14, 2025 - Mar 27, 2026	-72.38% May 8, 2013 - Mar 20, 2020
#2	-35.25% Apr 5, 2024 - Sep 19, 2024	-68.94% Aug 4, 2008 - Jan 5, 2010
#3	-19.35% Jul 28, 2023 - Nov 14, 2023	-48.27% Nov 4, 2010 - May 3, 2013
#4	-17.08% Feb 7, 2023 - Mar 14, 2023	-24.57% May 15, 2008 - Jul 30, 2008
#5	-14.92% Oct 4, 2024 - Dec 3, 2024	-18.54% Apr 14, 2010 - Aug 2, 2010
#6	-14.87% Dec 11, 2024 - Jan 24, 2025	-16.65% Jan 19, 2010 - Apr 5, 2010
#7	-11.60% Jul 19, 2023 - Jul 28, 2023	-6.50% Aug 2, 2010 - Sep 3, 2010
#8	-11.14% Mar 7, 2024 - Apr 5, 2024	-4.93% Apr 9, 2008 - Apr 24, 2008
#9	-10.70% Nov 22, 2023 - Dec 18, 2023	-4.38% May 6, 2008 - May 15, 2008
#10	-9.75% Apr 14, 2023 - Apr 27, 2023	-4.38% Oct 18, 2010 - Nov 4, 2010
#11	-8.91% Dec 14, 2022 - Jan 3, 2023	-2.52% Mar 28, 2008 - Apr 1, 2008
#12	-8.39% Feb 2, 2024 - Feb 15, 2024	-2.32% Apr 28, 2008 - May 2, 2008
#13	-7.20% Mar 16, 2023 - Mar 24, 2023	-2.05% Jan 8, 2010 - Jan 13, 2010
#14	-6.73% May 1, 2023 - May 18, 2023	-1.93% Sep 3, 2010 - Sep 10, 2010
#15	-6.49% Feb 15, 2024 - Feb 22, 2024	-1.92% Jan 13, 2010 - Jan 19, 2010

Correlation

Correlation between FBL and TUR is 0.24 which considered as a very weak or no correlation - the stocks move independently of each other.

0.24

-101

Dividend Comparison (2008 - 2026)

FBL vs TUR dividend yield comparison.

Year	FBL	TUR
2026	0.00%	1.21%
2025	2.07%	2.40%
2024	0.00%	1.79%
2023	51.58%	4.43%
2022	0.00%	1.97%
2021	0.00%	4.22%
2020	0.00%	0.87%
2019	0.00%	3.29%
2018	0.00%	4.05%
2017	0.00%	2.64%
2016	0.00%	2.89%
2015	0.00%	3.04%
2014	0.00%	1.63%
2013	0.00%	2.34%
2012	0.00%	1.52%
2011	0.00%	2.81%
2010	0.00%	1.92%
2009	0.00%	1.57%
2008	0.00%	1.41%