FBY ETF — YieldMax META Option Income Strategy ETF

YieldMax META Option Income Strategy ETF (FBY)

Updated October 2, 2026.

FBY is an ETF linked to Meta (META). its distribution rate is 82.68%, its trailing-12-month yield is 51.01%, its expense ratio is 1.06%. Dividend Vision Distribution Safety Score™ is 14/100 (High risk). Total return is 76.1% over the past 3.2 years, 49.7 points behind META at 125.8%.

At the current 82.68% distribution rate, a $10,000 investment would generate approximately $8,268 per year. Actual weekly payments vary.

FBY performance versus META

Price and return data through 2026-10-02.

Total return is 76.1% over the past 3.2 years, 49.7 points behind META at 125.8%. Over the past year its total return — price change plus distributions reinvested — is -6.0%. Its deepest 1-year drawdown was 27.9%.

FBY key facts

Distribution Safety Score™

14 · High risk

Safety-Adjusted Yield

11.58%

Issuer

YieldMax

Asset type

ETF

Asset class

Equity

Inception date

07/27/2023

Expense ratio

1.06%

Distribution rate

82.68%

Distribution frequency

Weekly

Trailing yield

51.01%

Last close

$9.51 (as of 2026-10-02)

AUM

$117,958,301

Average volume

79000.0

Last dividend

$0.1512

Latest 19(a) ROC estimate

97.45%

Last ex-dividend date

10/01/2026

Last payment date

10/02/2026

Beta

1.2

How Dividend Vision calculates yield and returns

Distribution rate (82.68%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (51.01%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: YieldMax or company page; Index: Meta (META); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FBY risks and drawbacks

Total return has trailed META over the available window. The deepest 1-year drawdown on record here is 27.9%.

Who may consider FBY — and who may not

It is a weaker fit for investors whose main goal is matching META total return. This is educational context, not a recommendation to buy or sell.

Compare FBY

FBY vs similar funds:

• FBY vs META

Frequently asked questions

More securities from YieldMax.