FBY vs FRGN

Comparison between YIELDMAX(R) META OPTION INCOME STRATEGY ETF (FBY, ETF) and Horizon International Equity ETF (FRGN, ETF).

FBY vs FRGN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FBY(ETF)	FRGN(ETF)
Net Assets	$102M	$101M
Expense Ratio	1.06%	0.75%
Max Drawdown	62.32%	12.40%
Sharpe Ratio	-0.61	1.81
5Y Beta	1.08	1.35

Net Assets

Winner

FBY

$102M

FRGN

$101M

Expense Ratio

FBY

1.06%

Winner

FRGN

0.75%

Max Drawdown

FBY

62.32%

Winner

FRGN

12.40%

Sharpe Ratio

FBY

-0.61

Winner

FRGN

1.81

5Y Beta

Winner

FBY

1.08

FRGN

1.35

FBY vs FRGN - Holdings Comparison

FBY and FRGN have 1 common holdings. Overlap is 1.90%

FBY's top 25 holdings weight is 5.01%. FRGN's top 25 holdings weight is 38.92%.

Rank	FBY	FRGN
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 5.01%	n/a (n/a) - 4.88%
#2	N/A	ASML HOLDING NV (n/a) - 4.07%
#3	N/A	SAMSUNG ELECTRONICS CO LTD (n/a) - 3.18%
#4	N/A	SK HYNIX INC (n/a) - 2.43%
#5	N/A	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 1.90%
#6	N/A	SHELL PLC (n/a) - 1.77%
#7	N/A	THE TORONTO-DOMINION BANK (n/a) - 1.77%
#8	N/A	TOTALENERGIES SE (TTE:XPAR) - 1.50%
#9	N/A	ROCHE HOLDING AG ORDINARY SHARES NEW (n/a) - 1.49%
#10	N/A	SOFTBANK GROUP CORP (n/a) - 1.28%
#11	N/A	RIO TINTO PLC ORDINARY SHARES (n/a) - 1.23%
#12	N/A	NOVARTIS AG REGISTERED SHARES (n/a) - 1.12%
#13	N/A	UBS GROUP AG REGISTERED SHARES (n/a) - 1.05%
#14	N/A	ROYAL BANK OF CANADA (RY) - 1.04%
#15	N/A	ISHARES MSCI INDIA ETF (INDA) - 1.03%
#16	N/A	TOKYO ELECTRON LTD (n/a) - 1.02%
#17	N/A	ASTRAZENECA PLC (AZN) - 0.99%
#18	N/A	ADVANTEST CORP (n/a) - 0.97%
#19	N/A	BRITISH AMERICAN TOBACCO PLC (n/a) - 0.94%
#20	N/A	AGNICO EAGLE MINES LTD (AEM) - 0.94%
#21	N/A	ABB LTD (n/a) - 0.91%
#22	N/A	BARRICK MINING CORP (n/a) - 0.89%
#23	N/A	CANADIAN NATURAL RESOURCES LTD (CNQ) - 0.89%
#24	N/A	ALLIANZ SE (n/a) - 0.83%
#25	N/A	MURATA MANUFACTURING CO LTD (n/a) - 0.80%
Total Holdings	1	296

FBY vs FRGN - Historical Returns

Returns include dividend reinvestment.

Period	FBY	FRGN
1 month	-5.52%	+1.77%
3 months	-11.47%	+16.70%
6 months	-11.12%	+24.69%
1 year	-16.50%	N/A
Max(CAGR)	+14.38%	+53.34%

FBY

-5.52%

Winner

FRGN

+1.77%

FBY

-11.47%

Winner

FRGN

+16.70%

FBY

-11.12%

Winner

FRGN

+24.69%

FBY

-16.50%

FRGN

N/A

Max(CAGR)

FBY

+14.38%

Winner

FRGN

+53.34%

FBY vs FRGN - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	FBY	FRGN
2026	-11.90%	+20.69%
2025	+0.29%	+1.47%
2024	+46.81%	N/A
2023	+15.47%	N/A

FBY vs FRGN Drawdown Comparison

The maximum drawdown for FBY was -31.47%, occurring on Apr 21, 2025. Recovery took 122 trading sessions.

The maximum drawdown for FRGN was -12.40%, occurring on Mar 30, 2026. Recovery took 45 trading sessions.

The current FBY drawdown is -25.34%. The current FRGN drawdown is -1.58%.

Rank	FBY	FRGN
#1	-31.47% Feb 14, 2025 - Aug 12, 2025	-12.40% Feb 25, 2026 - Apr 30, 2026
#2	-29.46% Aug 12, 2025 - Mar 27, 2026	-5.47% Jun 2, 2026 - Jun 10, 2026
#3	-15.32% Apr 11, 2024 - Aug 21, 2024	-3.88% May 13, 2026 - May 29, 2026
#4	-11.24% Jul 28, 2023 - Oct 6, 2023	-3.02% Jan 29, 2026 - Feb 9, 2026
#5	-9.91% Oct 17, 2023 - Nov 13, 2023	-2.62% Dec 10, 2025 - Dec 23, 2025
#6	-5.26% Nov 7, 2024 - Dec 2, 2024	-1.79% Jan 15, 2026 - Jan 22, 2026
#7	-5.22% Nov 22, 2023 - Dec 15, 2023	-1.78% May 11, 2026 - May 13, 2026
#8	-5.06% Jan 6, 2025 - Jan 23, 2025	-1.55% May 6, 2026 - May 8, 2026
#9	-4.87% Dec 12, 2024 - Jan 6, 2025	-1.34% Feb 11, 2026 - Feb 20, 2026
#10	-4.50% Feb 2, 2024 - Feb 15, 2024	-0.86% Jan 6, 2026 - Jan 12, 2026
#11	-3.95% Mar 7, 2024 - Mar 21, 2024	-0.76% Apr 30, 2026 - May 5, 2026
#12	-3.94% Aug 21, 2024 - Sep 12, 2024	-0.64% Dec 26, 2025 - Jan 2, 2026
#13	-3.30% Oct 14, 2024 - Nov 7, 2024	-0.46% Jan 27, 2026 - Jan 29, 2026
#14	-3.12% Mar 25, 2024 - Apr 5, 2024	-0.38% Jan 12, 2026 - Jan 14, 2026
#15	-3.00% Dec 28, 2023 - Jan 10, 2024	-0.10% Dec 8, 2025 - Dec 10, 2025

Correlation

Correlation between FBY and FRGN is -0.38 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.38

-101