TUR vs FBL

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

TUR vs FBL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

TUR

$198M

FBL

$198M

Expense Ratio

TUR

0.59%

FBL

N/A

Max Drawdown

TUR

78.28%

Winner

FBL

61.93%

Sharpe Ratio

Winner

TUR

0.79

FBL

-0.20

5Y Beta

Winner

TUR

0.51

FBL

2.77

P/E Ratio

TUR

N/A

FBL

26.71

Forward P/E

TUR

N/A

FBL

20.75

PEG Ratio

TUR

N/A

FBL

1.20

5Y Dividends CAGR

TUR

7.17%

FBL

N/A

5Y EPS CAGR

TUR

N/A

FBL

36.87%

Debt to Equity

TUR

N/A

FBL

24.11%

P/S Ratio

TUR

N/A

FBL

7.81

P/B Ratio

TUR

N/A

FBL

6.84

TUR vs FBL - Historical Returns

Returns include dividend reinvestment.

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

TUR

-2.47%

Winner

FBL

+26.67%

Winner

TUR

-5.50%

FBL

-13.76%

Winner

TUR

+3.47%

FBL

-4.17%

Winner

TUR

+19.05%

FBL

-35.67%

5Y(CAGR)

TUR

+16.35%

FBL

N/A

10Y(CAGR)

TUR

+4.05%

FBL

N/A

Max(CAGR)

TUR

+1.49%

Winner

FBL

+75.86%

TUR vs FBL - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

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

TUR vs FBL Drawdown Comparison

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

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

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

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

Correlation

Correlation between TUR and FBL 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)

TUR vs FBL dividend yield comparison.

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