AVGU vs. ADBG

Last updated Jul 15, 2026

AVGU (GraniteShares 2x Long AVGO Daily ETF) and ADBG (Leverage Shares 2X Long ADBE Daily ETF) are both Leveraged Equities funds. Both are actively managed. Over the past year, AVGU returned 42.21% vs -72.25% for ADBG. At a correlation of -0.08, they often move in opposite directions. AVGU charges 1.50%/yr vs 0.75%/yr for ADBG.

Performance

AVGU vs. ADBG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in GraniteShares 2x Long AVGO Daily ETF (AVGU) and Leverage Shares 2X Long ADBE Daily ETF (ADBG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVGU achieves a 6.23% return, which is significantly higher than ADBG's -66.44% return.

AVGU

• 1D: 2.51%
• 1M: 0.70%
• 6M: 1.90%
• YTD: 6.23%
• 1Y: 42.21%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ADBG

• 1D: -8.53%
• 1M: 14.33%
• 6M: -56.75%
• YTD: -66.44%
• 1Y: -72.25%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVGU vs. ADBG - Yearly Performance Comparison

	2026 (YTD)	2025
AVGU GraniteShares 2x Long AVGO Daily ETF	6.23%	33.87%
ADBG Leverage Shares 2X Long ADBE Daily ETF	-66.44%	-17.31%

Correlation

The correlation between AVGU and ADBG is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025	-0.08

Return for Risk

AVGU vs. ADBG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVGU

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

ADBG

ADBG Risk / Return Rank: 1
ADBG Sharpe Ratio Rank: 1
ADBG Sortino Ratio Rank: 1
ADBG Omega Ratio Rank: 1
ADBG Calmar Ratio Rank: 1
ADBG Martin Ratio Rank: 1

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVGU vs. ADBG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AVGO Daily ETF (AVGU) and Leverage Shares 2X Long ADBE Daily ETF (ADBG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AVGU	ADBG	Difference
Sharpe ratio: Return per unit of total volatility	—	-1.02	—
Sortino ratio: Return per unit of downside risk	—	-1.86	—
Omega ratio: Gain probability vs. loss probability	—	0.78	—
Calmar ratio: Return relative to maximum drawdown	—	-0.92	—
Martin ratio: Return relative to average drawdown	—	-1.57	—

Drawdowns

AVGU vs. ADBG - Drawdown Comparison

The maximum AVGU drawdown since its inception was -53.30%, smaller than the maximum ADBG drawdown of -84.14%. Use the drawdown chart below to compare losses from any high point for AVGU and ADBG.

Drawdown Indicators

	AVGU	ADBG	Difference
Max Drawdown Largest peak-to-trough decline	-53.30%	-84.14%	+30.84%
Max Drawdown (1Y) Largest decline over 1 year	-53.30%	-78.97%	+25.67%
Current Drawdown Current decline from peak	-39.05%	-79.62%	+40.57%
Average Drawdown Average peak-to-trough decline	-21.88%	-44.66%	+22.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	45.89%	—

Volatility

Volatility by Period

	AVGU	ADBG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	26.83%	—
Volatility (6M) Calculated over the trailing 6-month period	—	61.54%	—
Volatility (1Y) Calculated over the trailing 1-year period	94.18%	71.09%	+23.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	94.18%	69.34%	+24.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	94.18%	69.34%	+24.84%

AVGU vs. ADBG - Expense Ratio Comparison

AVGU has a 1.50% expense ratio, which is higher than ADBG's 0.75% expense ratio.

Dividends

AVGU vs. ADBG - Dividend Comparison

Neither AVGU nor ADBG has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AVGU and ADBG in my portfolio?

AVGU and ADBG have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVGU or ADBG?

On 1-year performance, AVGU leads with 42.21% vs -72.25% for ADBG. On fees, ADBG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVGU or ADBG?

Over the 1-year period, AVGU has performed better with a 42.21% return vs -72.25%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVGU or ADBG?

ADBG is cheaper with a 0.75% expense ratio, compared with 1.50% for AVGU.

Which ETF pays a higher dividend yield, AVGU or ADBG?

AVGU and ADBG have nearly identical dividend yields, around 0.00%.

What is the main difference between AVGU and ADBG?

They also come from different issuers: GraniteShares and Leverage Shares. Their fees differ too: 1.50% for AVGU and 0.75% for ADBG.