AVGX vs. LLII

Last updated Jun 4, 2026

AVGX (Defiance Daily Target 2X Long AVGO ETF) and LLII (REX LLY Growth & Income ETF) are both exchange-traded funds - AVGX is a Leveraged Equities fund actively managed by Defiance, while LLII is a Derivative Income fund actively managed by REX. Both are actively managed. At a 0.03 correlation, their price movements are largely independent. AVGX charges 1.29%/yr vs 0.99%/yr for LLII.

Performance

AVGX vs. LLII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Defiance Daily Target 2X Long AVGO ETF (AVGX) and REX LLY Growth & Income ETF (LLII). 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 LLII's -4.28% return.

AVGX

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

LLII

• 1D: 1.47%
• 1M: 9.79%
• YTD: -4.28%
• 6M: 0.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVGX vs. LLII - Yearly Performance Comparison

	2026 (YTD)	2025
AVGX Defiance Daily Target 2X Long AVGO ETF	69.89%	-9.51%
LLII REX LLY Growth & Income ETF	-4.28%	19.03%

Correlation

The correlation between AVGX and LLII is 0.03, 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 Nov 5, 2025	0.03

Return for Risk

AVGX vs. LLII — 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. LLII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long AVGO ETF (AVGX) and REX LLY Growth & Income ETF (LLII). 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	LLII	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	LLII	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	0.71	+0.51

Drawdowns

AVGX vs. LLII - Drawdown Comparison

The maximum AVGX drawdown since its inception was -70.97%, which is greater than LLII's maximum drawdown of -23.96%. Use the drawdown chart below to compare losses from any high point for AVGX and LLII.

Drawdown Indicators

	AVGX	LLII	Difference
Max Drawdown Largest peak-to-trough decline	-70.97%	-23.96%	-47.01%
Max Drawdown (1Y) Largest decline over 1 year	-54.09%	—	—
Current Drawdown Current decline from peak	-0.83%	-6.88%	+6.05%
Average Drawdown Average peak-to-trough decline	-22.71%	-9.28%	-13.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.20%	—	—

Volatility

Volatility by Period

	AVGX	LLII	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%	36.42%	+49.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	104.65%	36.42%	+68.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	104.65%	36.42%	+68.23%

AVGX vs. LLII - Expense Ratio Comparison

AVGX has a 1.29% expense ratio, which is higher than LLII's 0.99% expense ratio.

Dividends

AVGX vs. LLII - Dividend Comparison

AVGX's dividend yield for the trailing twelve months is around 0.97%, less than LLII's 25.95% yield.

Position	TTM	2025	2024
AVGX Defiance Daily Target 2X Long AVGO ETF	0.97%	1.65%	0.81%
LLII REX LLY Growth & Income ETF	25.95%	5.13%	0.00%

Frequently Asked Questions

Can I hold both AVGX and LLII in my portfolio?

AVGX and LLII have a correlation of 0.03, 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 LLII?

On fees, LLII is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVGX or LLII?

LLII is cheaper with a 0.99% expense ratio, compared with 1.29% for AVGX.

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

LLII has the higher dividend yield at 25.95%, compared with 0.97% for AVGX.

What is the main difference between AVGX and LLII?

AVGX is categorized as Leveraged Equities, while LLII is Derivative Income. They also come from different issuers: Defiance and REX. Their fees differ too: 1.29% for AVGX and 0.99% for LLII.