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COTG vs FBL

Leverage Shares 2X Long COST Daily ETF

COTGANasdaq

GraniteShares 2x Long META Daily ETF

FBLBNasdaq

Overlap

Expense ratio

COTG −0.28pt a year

COTG0.77%FBL1.05%

Avg volume · 30D

FBL 11.2×the volume

COTG97.2KFBL1.08M

COTG vs FBL Performance

Nov 7, 2025 – Nov 9, 2026

+16.3%COTG−18.0%FBL

Nov 7, 2025 to Nov 9, 2026. COTG +16.3%. FBL −18.0%. Use the arrow keys to read each point.−40%0%Nov 2025May 2026Nov 2026
Expense ratio
COTG 0.77%, better
FBL 1.05%
Fund size
COTG $9M
FBL $140M
1Y total return
COTG +16.3%, better
FBL −18.0%
Yield (12M)
COTG No data
FBL 2.79%
Holdings
COTG 4
FBL 2
Avg volume (30D)
COTG 97.2K sh
FBL 1.08M sh, better
NAV per share
COTG $15.32
FBL $21.92
52W range

ETF.net Grade

COTG: Cost 61, Risk 86, Mission 95, Tradability 77, Holdings not scored, Durability 56. FBL: Cost 44, Risk 55, Mission 98, Tradability 95, Holdings not scored, Durability 83.
Pillar letters and Scores for COTG, FBL, with each pillar’s weight
PillarCOTGFBL
Cost30% weightB61HigherC44
Mission25% weightA95A98Higher
Risk15% weightA86HigherB55
Tradability15% weightA77A95Higher
Holdings10% weightNot scoredNot scored
Durability5% weightB56A83Higher

Rank among Single-Stock Long Leveraged funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. COTG and FBL are both graded against the same 312 Single-Stock Long Leveraged funds, so their Grades compare head to head.

Single-Stock Long Leveraged⁠

Category · 312 funds
See all 312 ›

COTG ranks 3rd and FBL 34th of 312 funds in the Single-Stock Long Leveraged Category.

  1. Rank 1AUNHGLeverage Shares 2x Long UNH Daily ETFScore 74
  2. Rank 2ATSMGLeverage Shares 2x Long TSM Daily ETFScore 73
  3. Rank 3ACOTGLeverage Shares 2X Long COST Daily ETFScore 70
  4. Rank 3AOKTGLeverage Shares 2x Long OKTA Daily ETFScore 70
  5. Rank 34BCRWGLeverage Shares 2x Long CRWV Daily ETFScore 61
  6. Rank 34BFBLGraniteShares 2x Long META Daily ETFScore 61
  7. Rank 34BHOOGLeverage Shares 2x Long HOOD Daily ETFScore 61

Our read on each fund

ETF.net Research

COTGALeverage Shares 2X Long COST Daily ETF

FBLBGraniteShares 2x Long META Daily ETF

In short

COTG Most single-stock leverage chases chips and crypto. COTG points it at a warehouse club, aiming to deliver 200% of Costco's daily move before fees, and resetting the clock every session.

FBL Two US ETFs offer 2x daily Meta exposure, and FBL has been doing it since 2022. One stock, one lever, reset every day: it aims for twice Meta's daily move before fees, and nothing else.

Stated mandate

COTG The fund seeks daily investment results equal to 200% of the daily performance of Costco Wholesale Corporation stock, before fees and expenses.

FBL The Fund seeks daily investment results equal to twice the daily percentage change of Meta Platforms Inc. before fees and expenses.

Why people hold it

  • COTG A plain mandate, plainly stated: 200% of Costco's daily move, before fees and expenses. No index to second-guess, no stock-picking layered on top.leverageshares.com
  • Costs less than the typical fund in the 2x single-stock crowd, and there's no temporary waiver holding that number down.
  • It has tracked its 2x daily target closely since its 2025 launch, putting it among the stronger implementations in a crowded peer group.
  • FBL Does exactly the job on the label: twice Meta's daily percentage change, before fees. It has held that target tightly, one of the stronger implementations in its peer group.graniteshares.com
  • Only two US ETFs offer 2x daily Meta exposure. FBL is one of them, and it has been trading since December 2022, through several Meta earnings cycles.
  • Actively traded, and one of the easier funds in this corner of the market to get in and out of when Meta is the story of the day.

Worth knowing

  • COTG Daily reset. Hold past one session and compounding takes over, so multi-week results can drift well away from 2x Costco. The issuer frames it as a tactical, often single-day tool.leverageshares.com
  • One stock, doubled. A single earnings print lands twice as hard on the day, with no second holding to cushion it.
  • Not one of the category's most heavily traded names, so the spread and the order type are worth a look.
  • FBL Fees run 1.09% a year, above the typical leveraged single-stock fund and above METU, the other 2x Meta ETF, at 1.02%.
  • The 2x target resets daily. Hold longer and returns compound; a choppy stretch can leave you well away from twice Meta's move over that period.graniteshares.com
  • One company, doubled. Meta headline risk is the entire portfolio, amplified, with no diversification to cushion it.

Full COTG profile⁠

Full FBL profile⁠

COTG vs FBL Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

COTG vs FBL Cost

Overpaying FBL vs COTG

$4,666

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • COTG 0.77%

    $14,829

  • FBL 1.05%

    $19,495

$10,000
30 years

Cost over time

  • COTG 0.77%
  • FBL 1.05%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530FBL $19,495COTG $14,829

Year by year

YearCOTGFBLOverpaying
10$1,371$1,847$476
20$5,205$6,927$1,722
30$14,829$19,495$4,666

Expense ratio

  • 0.77%COTG, cheaper
  • 1.05%FBL
  • Middle half of Single-Stock Long Leveraged funds
  • Median 0.97%

COTG 135th cheapest of 312 funds

FBL 201st cheapest of 312 funds

COTG vs FBL Dividends

Last 12 months to Nov 9, 2026
Yield (12M)
COTG No data
FBL 2.79%
Payout (12M)
COTG None
FBL $0.67
Last payment
COTG No data
FBL $0.67
Ex-dividend
COTG No data
FBL Dec 29, 2025
Paid on
COTG No data
FBL Dec 31, 2025
Frequency
COTG No data
FBL Irregular

Distribution history

Per share, 2023 to 2026, same scale for both

COTGAll COTG payments⁠

No distribution history available.

FBLIrregular · 2 paymentsAll FBL payments⁠
One bar per payment. 2 payments from 2023 to 2026 YTD. Dec 27, 2023 $8.00; Dec 29, 2025 $0.67. Use the arrow keys to read each point.$0$520232026YTD

COTG vs FBL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
COTG 38.3%since Oct 2025FBL 73.3%
Return per unit of riskSharpe ratio, 3 years
COTG 0.12since Oct 2025FBL 0.55
Worst fallMax drawdown, 5 years
COTG −36.4%since Sep 2025FBL −63.2%since Dec 2022
Market sensitivityBeta, 5 years
COTG −0.04FBL 2.70

COTG and FBL in the news

All news⁠

Popular comparisons

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    Leverage Shares 2X Long COST Daily ETF · Leverage Shares 2x Long UNH Daily ETF

    Expense ratio
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    Category
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