VBF vs FBL

Comparison between Invesco Bond Fund (VBF, ETF) and GRANITESHARES 2X LONG META DAILY ETF (FBL, ETF).

VBF vs FBL - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	VBF(ETF)	FBL(ETF)
Net Assets	$186M	$185M
Max Drawdown	38.98%	61.93%
Sharpe Ratio	-0.22	-0.43
5Y Beta	0.13	2.76
P/E Ratio	N/A	24.90
Forward P/E	N/A	19.08
PEG Ratio	N/A	1.12
5Y Dividends CAGR	-10.00%	N/A
5Y EPS CAGR	N/A	36.87%
Debt to Equity	N/A	24.11%
P/S Ratio	N/A	7.50
P/B Ratio	N/A	6.62

Net Assets

Winner

VBF

$186M

FBL

$185M

Max Drawdown

Winner

VBF

38.98%

FBL

61.93%

Sharpe Ratio

Winner

VBF

-0.22

FBL

-0.43

5Y Beta

Winner

VBF

0.13

FBL

2.76

P/E Ratio

VBF

N/A

FBL

24.90

Forward P/E

VBF

N/A

FBL

19.08

PEG Ratio

VBF

N/A

FBL

1.12

5Y Dividends CAGR

VBF

-10.00%

FBL

N/A

5Y EPS CAGR

VBF

N/A

FBL

36.87%

Debt to Equity

VBF

N/A

FBL

24.11%

P/S Ratio

VBF

N/A

FBL

7.50

P/B Ratio

VBF

N/A

FBL

6.62

VBF vs FBL - Historical Returns

Returns include dividend reinvestment.

Period	VBF	FBL
1 month	-0.09%	-5.96%
3 months	-0.53%	-24.92%
6 months	-1.39%	-31.05%
1 year	+1.80%	-39.74%
5 years(CAGR)	-0.90%	N/A
10 years(CAGR)	+2.91%	N/A
Max(CAGR)	+5.48%	+73.04%

Winner

VBF

-0.09%

FBL

-5.96%

Winner

VBF

-0.53%

FBL

-24.92%

Winner

VBF

-1.39%

FBL

-31.05%

Winner

VBF

+1.80%

FBL

-39.74%

5Y(CAGR)

VBF

-0.90%

FBL

N/A

10Y(CAGR)

VBF

+2.91%

FBL

N/A

Max(CAGR)

VBF

+5.48%

Winner

FBL

+73.04%

VBF vs FBL - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	VBF	FBL
2026	-1.08%	-25.63%
2025	+5.12%	-3.86%
2024	+6.40%	+119.98%
2023	+0.21%	+316.78%
2022	-16.53%	-1.22%
2021	-2.37%	N/A
2020	+16.93%	N/A
2019	+29.67%	N/A
2018	-11.86%	N/A
2017	+12.93%	N/A
2016	+9.62%	N/A
2015	+0.30%	N/A
2014	+11.67%	N/A
2013	-11.85%	N/A
2012	+11.03%	N/A
2011	+20.34%	N/A
2010	+2.96%	N/A
2009	+18.90%	N/A
2008	+4.13%	N/A
2007	+1.60%	N/A
2006	+9.35%	N/A
2005	+0.49%	N/A
2004	+5.93%	N/A
2003	+3.25%	N/A
2002	+1.56%	N/A
2001	+17.05%	N/A
2000	+16.14%	N/A
1999	-4.56%	N/A

VBF vs FBL Drawdown Comparison

The maximum drawdown for VBF was -32.21%, occurring on Oct 20, 2022. 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 VBF drawdown is -11.81%. The current FBL drawdown is -53.14%.

Rank	VBF	FBL
#1	-32.21% Sep 15, 2021 - Oct 20, 2022	-61.13% Feb 14, 2025 - Mar 27, 2026
#2	-26.44% Jan 9, 2008 - Dec 22, 2008	-35.25% Apr 5, 2024 - Sep 19, 2024
#3	-24.84% Feb 6, 2020 - Jul 24, 2020	-19.35% Jul 28, 2023 - Nov 14, 2023
#4	-17.70% Sep 4, 2012 - Jan 22, 2015	-17.08% Feb 7, 2023 - Mar 14, 2023
#5	-14.06% Jul 3, 2003 - Feb 16, 2005	-14.92% Oct 4, 2024 - Dec 3, 2024
#6	-13.77% May 28, 2009 - Sep 2, 2009	-14.87% Dec 11, 2024 - Jan 24, 2025
#7	-13.44% Aug 17, 2010 - Sep 22, 2011	-11.60% Jul 19, 2023 - Jul 28, 2023
#8	-12.58% Feb 2, 2009 - Apr 21, 2009	-11.14% Mar 7, 2024 - Apr 5, 2024
#9	-12.08% Jan 2, 2018 - May 24, 2019	-10.70% Nov 22, 2023 - Dec 18, 2023
#10	-11.58% Dec 27, 2011 - May 21, 2012	-9.75% Apr 14, 2023 - Apr 27, 2023
#11	-11.01% Dec 31, 2020 - Sep 15, 2021	-8.91% Dec 14, 2022 - Jan 3, 2023
#12	-9.38% Apr 17, 2015 - Mar 17, 2016	-8.39% Feb 2, 2024 - Feb 15, 2024
#13	-8.64% Mar 10, 2010 - Jul 1, 2010	-7.20% Mar 16, 2023 - Mar 24, 2023
#14	-8.47% Nov 9, 1999 - Jul 6, 2000	-6.73% May 1, 2023 - May 18, 2023
#15	-8.09% Aug 7, 2001 - Sep 27, 2001	-6.49% Feb 15, 2024 - Feb 22, 2024

Correlation

Correlation between VBF and FBL is 0.77 which considered as a strong positive correlation - the stocks tend to move together.

0.77

-101

Dividend Comparison (2000 - 2026)

VBF vs FBL dividend yield comparison.

Year	VBF	FBL
2026	2.25%	0.00%
2025	5.46%	2.07%
2024	5.51%	0.00%
2023	5.31%	51.58%
2022	4.60%	0.00%
2021	3.36%	0.00%
2020	6.89%	0.00%
2019	5.04%	0.00%
2018	5.40%	0.00%
2017	5.07%	0.00%
2016	4.56%	0.00%
2015	5.40%	0.00%
2014	7.53%	0.00%
2013	6.73%	0.00%
2012	7.10%	0.00%
2011	6.55%	0.00%
2010	5.39%	0.00%
2009	4.95%	0.00%
2008	7.09%	0.00%
2007	5.54%	0.00%
2006	5.42%	0.00%
2005	5.77%	0.00%
2004	5.93%	0.00%
2003	6.48%	0.00%
2002	6.91%	0.00%
2001	7.11%	0.00%
2000	3.90%	0.00%