AVGX vs. DOGG

Last updated Aug 6, 2026

AVGX (Defiance Daily Target 2X Long AVGO ETF) and DOGG (FT Vest DJIA Dogs 10 Target Income ETF) are both exchange-traded funds - AVGX is a Leveraged Equities fund actively managed by Defiance, while DOGG is a Derivative Income fund actively managed by FT Vest. Both are actively managed. Over the past year, AVGX returned 42.51% vs 22.61% for DOGG. Their -0.09 correlation means they have often moved in opposite directions in the past. AVGX charges 1.29%/yr vs 0.75%/yr for DOGG.

Performance

AVGX vs. DOGG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long AVGO ETF (AVGX) and FT Vest DJIA Dogs 10 Target Income ETF (DOGG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVGX achieves a 18.19% return, which is significantly higher than DOGG's 11.92% return.

AVGX

• 1D: 0.11%
• 1M: 21.64%
• 6M: 53.43%
• YTD: 18.19%
• 1Y: 42.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 65.62%

DOGG

• 1D: 0.60%
• 1M: 3.10%
• 6M: 2.09%
• YTD: 11.92%
• 1Y: 22.61%
• 3Y*: 12.53%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 12.44%

*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)
AVGX Defiance Daily Target 2X Long AVGO ETF	$22.87M	$26.58M	$56.34M
DOGG FT Vest DJIA Dogs 10 Target Income ETF	$946.83K	$808.54K	$736.30K

AVGX vs. DOGG - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AVGX Defiance Daily Target 2X Long AVGO ETF	18.19%	46.98%	54.13%
DOGG FT Vest DJIA Dogs 10 Target Income ETF	11.92%	19.43%	-4.23%

Correlation

The correlation between AVGX and DOGG is -0.24, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.24
Correlation (All Time) Calculated using the full available price history since Aug 22, 2024	-0.09

The correlation between AVGX and DOGG shifts across timeframes, from -0.24 (1 year) to -0.09 (all time), reflecting how their relationship changes across market environments.

Return for Risk

AVGX vs. DOGG — Risk / Return Rank

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

AVGX

AVGX Risk / Return Rank: 24
AVGX Sharpe Ratio Rank: 19
AVGX Sortino Ratio Rank: 30
AVGX Omega Ratio Rank: 30
AVGX Calmar Ratio Rank: 23
AVGX Martin Ratio Rank: 20

DOGG

DOGG Risk / Return Rank: 70
DOGG Sharpe Ratio Rank: 78
DOGG Sortino Ratio Rank: 81
DOGG Omega Ratio Rank: 75
DOGG Calmar Ratio Rank: 69
DOGG Martin Ratio Rank: 45

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.

AVGX vs. DOGG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long AVGO ETF (AVGX) and FT Vest DJIA Dogs 10 Target Income ETF (DOGG). 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.

	AVGX	DOGG	Difference
Sharpe ratio: Return per unit of total volatility	0.45	2.00	-1.56
Sortino ratio: Return per unit of downside risk	1.27	2.95	-1.68
Omega ratio: Gain probability vs. loss probability	1.16	1.35	-0.19
Calmar ratio: Return relative to maximum drawdown	0.79	2.74	-1.95
Martin ratio: Return relative to average drawdown	1.46	5.78	-4.32

AVGX vs. DOGG - Sharpe Ratio Comparison

The current AVGX Sharpe Ratio is 0.45, which is lower than the DOGG Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of AVGX and DOGG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVGX vs. DOGG - Drawdown Comparison

The maximum AVGX drawdown since its inception was -70.97%, which is greater than DOGG's maximum drawdown of -11.19%. Use the drawdown chart below to compare losses from any high point for AVGX and DOGG.

Drawdown Indicators

	AVGX	DOGG	Difference
Max Drawdown Largest peak-to-trough decline	-70.97%	-11.19%	-59.78%
Max Drawdown (1Y) Largest decline over 1 year	-54.09%	-8.29%	-45.80%
Max Drawdown (3Y) Largest decline over 3 years	—	-11.19%	—
Current Drawdown Current decline from peak	-31.01%	-1.62%	-29.39%
Average Drawdown Average peak-to-trough decline	-24.35%	-3.26%	-21.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	29.14%	3.92%	+25.22%

Volatility

AVGX vs. DOGG - Volatility Comparison

Defiance Daily Target 2X Long AVGO ETF (AVGX) has a higher volatility of 26.82% compared to FT Vest DJIA Dogs 10 Target Income ETF (DOGG) at 4.29%. This indicates that AVGX's price experiences larger fluctuations and is considered to be riskier than DOGG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVGX	DOGG	Difference
Volatility (1M) Calculated over the trailing 1-month period	26.82%	4.29%	+22.53%
Volatility (6M) Calculated over the trailing 6-month period	70.42%	9.23%	+61.19%
Volatility (1Y) Calculated over the trailing 1-year period	95.53%	11.35%	+84.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	106.17%	13.05%	+93.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	106.17%	13.05%	+93.12%

AVGX vs. DOGG - Expense Ratio Comparison

AVGX has a 1.29% expense ratio, which is higher than DOGG's 0.75% expense ratio.

Dividends

AVGX vs. DOGG - Dividend Comparison

AVGX's dividend yield for the trailing twelve months is around 1.40%, less than DOGG's 8.56% yield.

Position	TTM	2025	2024	2023
AVGX Defiance Daily Target 2X Long AVGO ETF	1.40%	1.65%	0.81%	0.00%
DOGG FT Vest DJIA Dogs 10 Target Income ETF	8.56%	8.75%	9.92%	5.89%

Frequently Asked Questions

Can I hold both AVGX and DOGG in my portfolio?

AVGX and DOGG have a correlation of -0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AVGX or DOGG?

AVGX has higher volatility (26.82%) compared to DOGG (4.29%). In terms of maximum drawdown, AVGX dropped -70.97% vs DOGG's -11.19%.

Which ETF is better, AVGX or DOGG?

On 1-year performance, AVGX leads with 42.51% vs 22.61% for DOGG. On fees, DOGG is cheaper at 0.75% per year. On volatility, DOGG has been the lower-risk option at 4.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVGX or DOGG?

Over the 1-year period, AVGX has performed better with a 42.51% return vs 22.61%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVGX or DOGG?

DOGG is cheaper with a 0.75% expense ratio, compared with 1.29% for AVGX.

Which ETF pays a higher dividend yield, AVGX or DOGG?

DOGG has the higher dividend yield at 8.56%, compared with 1.40% for AVGX.

What is the main difference between AVGX and DOGG?

AVGX is categorized as Leveraged Equities, while DOGG is Derivative Income. They also come from different issuers: Defiance and FT Vest. Their fees differ too: 1.29% for AVGX and 0.75% for DOGG.

Which has better risk-adjusted returns?

DOGG currently has the higher Sharpe Ratio (2.00 vs 0.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.