AVGU vs. BRKL

Last updated Aug 4, 2026

AVGU (GraniteShares 2x Long AVGO Daily ETF) and BRKL (Corgi BRKB 2x Daily ETF) are both Leveraged Equities funds. Both are actively managed. Their -0.57 correlation means they have often moved in opposite directions in the past. AVGU charges 1.50%/yr vs 0.45%/yr for BRKL.

Performance

AVGU vs. BRKL - Performance Comparison

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

Returns By Period

AVGU

• 1D: 1.04%
• 1M: 15.33%
• 6M: 17.74%
• YTD: 6.01%
• 1Y: 34.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 39.51%

BRKL

• 1D: 0.36%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVGU GraniteShares 2x Long AVGO Daily ETF	$2.09M	$2.95M	$5.92M
BRKL Corgi BRKB 2x Daily ETF	$2.37K	$14.77K	$14.77K

AVGU vs. BRKL - Yearly Performance Comparison

	2026 (YTD)
AVGU GraniteShares 2x Long AVGO Daily ETF	7.26%
BRKL Corgi BRKB 2x Daily ETF	1.84%

Correlation

The correlation between AVGU and BRKL is -0.57, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 7, 2026	-0.57

Return for Risk

AVGU vs. BRKL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AVGU

AVGU Risk / Return Rank: 23
AVGU Sharpe Ratio Rank: 18
AVGU Sortino Ratio Rank: 29
AVGU Omega Ratio Rank: 29
AVGU Calmar Ratio Rank: 21
AVGU Martin Ratio Rank: 19

BRKL

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AVGU vs. BRKL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for GraniteShares 2x Long AVGO Daily ETF (AVGU) and Corgi BRKB 2x Daily ETF (BRKL). 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	BRKL	Difference
Sharpe ratio: Return per unit of total volatility	0.36	—	—
Sortino ratio: Return per unit of downside risk	1.17	—	—
Omega ratio: Gain probability vs. loss probability	1.15	—	—
Calmar ratio: Return relative to maximum drawdown	0.64	—	—
Martin ratio: Return relative to average drawdown	1.19	—	—

Drawdowns

AVGU vs. BRKL - Drawdown Comparison

The maximum AVGU drawdown since its inception was -53.30%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for AVGU and BRKL.

Drawdown Indicators

	AVGU	BRKL	Difference
Max Drawdown Largest peak-to-trough decline	-53.30%	-7.03%	-46.27%
Max Drawdown (1Y) Largest decline over 1 year	-53.30%	—	—
Current Drawdown Current decline from peak	-39.17%	0.00%	-39.17%
Average Drawdown Average peak-to-trough decline	-22.90%	-3.93%	-18.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.67%	—	—

Volatility

Volatility by Period

	AVGU	BRKL	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.87%	—	—
Volatility (6M) Calculated over the trailing 6-month period	70.09%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	95.06%	30.17%	+64.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	93.37%	30.17%	+63.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	93.37%	30.17%	+63.20%

AVGU vs. BRKL - Expense Ratio Comparison

AVGU has a 1.50% expense ratio, which is higher than BRKL's 0.45% expense ratio.

Dividends

AVGU vs. BRKL - Dividend Comparison

Neither AVGU nor BRKL has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both AVGU and BRKL in my portfolio?

AVGU and BRKL have a correlation of -0.57, 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 BRKL?

On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVGU or BRKL?

BRKL is cheaper with a 0.45% expense ratio, compared with 1.50% for AVGU.

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

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

What is the main difference between AVGU and BRKL?

They also come from different issuers: GraniteShares and Corgi. Their fees differ too: 1.50% for AVGU and 0.45% for BRKL.