AVGX vs. FUTG

Last updated Jun 4, 2026

AVGX (Defiance Daily Target 2X Long AVGO ETF) and FUTG (Leverage Shares 2X Long FUTU Daily ETF) are both Leveraged Equities funds. Both are actively managed. At a 0.41 correlation, their price movements are largely independent. AVGX charges 1.29%/yr vs 0.75%/yr for FUTG.

Performance

AVGX vs. FUTG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long AVGO ETF (AVGX) and Leverage Shares 2X Long FUTU Daily ETF (FUTG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVGX achieves a 69.89% return, which is significantly higher than FUTG's -75.53% return.

AVGX

• 1D: -0.83%
• 1M: 29.49%
• YTD: 69.89%
• 6M: 35.83%
• 1Y: 156.34%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FUTG

• 1D: -11.10%
• 1M: -70.24%
• YTD: -75.53%
• 6M: -77.00%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVGX vs. FUTG - Yearly Performance Comparison

	2026 (YTD)	2025
AVGX Defiance Daily Target 2X Long AVGO ETF	69.89%	-6.24%
FUTG Leverage Shares 2X Long FUTU Daily ETF	-75.53%	-0.80%

Correlation

The correlation between AVGX and FUTG is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 15, 2025	0.41

Return for Risk

AVGX vs. FUTG — Risk / Return Rank

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

AVGX

AVGX Risk / Return Rank: 50
AVGX Sharpe Ratio Rank: 53
AVGX Sortino Ratio Rank: 50
AVGX Omega Ratio Rank: 48
AVGX Calmar Ratio Rank: 59
AVGX Martin Ratio Rank: 40

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.

AVGX vs. FUTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long AVGO ETF (AVGX) and Leverage Shares 2X Long FUTU Daily ETF (FUTG). 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.

	AVGX	FUTG	Difference
Sharpe ratio: Return per unit of total volatility	1.83	—	—
Sortino ratio: Return per unit of downside risk	2.45	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	2.91	—	—
Martin ratio: Return relative to average drawdown	6.49	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	AVGX	FUTG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.83	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.21	-0.66	+1.87

Drawdowns

AVGX vs. FUTG - Drawdown Comparison

The maximum AVGX drawdown since its inception was -70.97%, smaller than the maximum FUTG drawdown of -86.19%. Use the drawdown chart below to compare losses from any high point for AVGX and FUTG.

Drawdown Indicators

	AVGX	FUTG	Difference
Max Drawdown Largest peak-to-trough decline	-70.97%	-86.19%	+15.22%
Max Drawdown (1Y) Largest decline over 1 year	-54.09%	—	—
Current Drawdown Current decline from peak	-0.83%	-84.29%	+83.46%
Average Drawdown Average peak-to-trough decline	-22.71%	-40.35%	+17.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.20%	—	—

Volatility

Volatility by Period

	AVGX	FUTG	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.50%	—	—
Volatility (6M) Calculated over the trailing 6-month period	61.90%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	85.97%	136.01%	-50.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	104.65%	136.01%	-31.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	104.65%	136.01%	-31.36%

AVGX vs. FUTG - Expense Ratio Comparison

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

Dividends

AVGX vs. FUTG - Dividend Comparison

AVGX's dividend yield for the trailing twelve months is around 0.97%, while FUTG has not paid dividends to shareholders.

Position	TTM	2025	2024
AVGX Defiance Daily Target 2X Long AVGO ETF	0.97%	1.65%	0.81%
FUTG Leverage Shares 2X Long FUTU Daily ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVGX and FUTG in my portfolio?

AVGX and FUTG have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVGX or FUTG?

On fees, FUTG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVGX or FUTG?

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

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

AVGX has the higher dividend yield at 0.97%, compared with 0.00% for FUTG.

What is the main difference between AVGX and FUTG?

They also come from different issuers: Defiance and Leverage Shares. Their fees differ too: 1.29% for AVGX and 0.75% for FUTG.