AVGX vs. MU
AVGX (Defiance Daily Target 2X Long AVGO ETF) is Leveraged Equities fund actively managed by Defiance, while MU (Micron Technology, Inc.) is a stock. Over the past year, AVGX returned 68.20% vs 751.18% for MU. A 0.52 correlation means they provide meaningful diversification when combined.
Performance
AVGX vs. MU - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AVGX achieves a 3.39% return, which is significantly lower than MU's 244.07% return.
AVGX
- 1D
- -1.88%
- 1M
- -28.54%
- YTD
- 3.39%
- 6M
- -5.26%
- 1Y
- 68.20%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
MU
- 1D
- -1.43%
- 1M
- 35.46%
- YTD
- 244.07%
- 6M
- 307.41%
- 1Y
- 751.18%
- 3Y*
- 144.69%
- 5Y*
- 66.21%
- 10Y*
- 55.83%
AVGX vs. MU - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AVGX Defiance Daily Target 2X Long AVGO ETF | 3.39% | 46.98% | 54.13% |
MU Micron Technology, Inc. | 244.07% | 240.24% | -22.12% |
Correlation
The correlation between AVGX and MU is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2024 | 0.52 |
The correlation between AVGX and MU has been stable across timeframes, ranging from 0.45 to 0.52 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AVGX vs. MU — Risk / Return Rank
AVGX
MU
AVGX vs. MU - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long AVGO ETF (AVGX) and Micron Technology, Inc. (MU). 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 | MU | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -10.18 | ||
| Sortino ratioReturn per unit of downside risk | -4.71 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.78 | -0.60 |
| Calmar ratioReturn relative to maximum drawdown | 1.08 | 24.91 | -23.83 |
| Martin ratioReturn relative to average drawdown | 2.35 | 94.64 | -92.28 |
Loading charts...
Drawdowns
AVGX vs. MU - Drawdown Comparison
The maximum AVGX drawdown since its inception was -70.97%, smaller than the maximum MU drawdown of -98.25%. Use the drawdown chart below to compare losses from any high point for AVGX and MU.
Loading charts...
Drawdown Indicators
| AVGX | MU | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.97% | -98.25% | +27.28% |
Max Drawdown (1Y)Largest decline over 1 year | -54.09% | -30.28% | -23.81% |
Max Drawdown (3Y)Largest decline over 3 years | — | -57.63% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -57.63% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -57.63% | — |
Current DrawdownCurrent decline from peak | -39.65% | -9.07% | -30.58% |
Average DrawdownAverage peak-to-trough decline | -23.11% | -58.16% | +35.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 24.90% | 7.95% | +16.95% |
Volatility
AVGX vs. MU - Volatility Comparison
Defiance Daily Target 2X Long AVGO ETF (AVGX) has a higher volatility of 42.68% compared to Micron Technology, Inc. (MU) at 32.86%. This indicates that AVGX's price experiences larger fluctuations and is considered to be riskier than MU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| AVGX | MU | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 42.68% | 32.86% | +9.82% |
Volatility (6M)Calculated over the trailing 6-month period | 71.57% | 57.74% | +13.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 91.19% | 69.66% | +21.53% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 106.96% | 53.18% | +53.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 106.96% | 50.12% | +56.84% |
Dividends
AVGX vs. MU - Dividend Comparison
AVGX's dividend yield for the trailing twelve months is around 1.60%, more than MU's 0.05% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
AVGX Defiance Daily Target 2X Long AVGO ETF | 1.60% | 1.65% | 0.81% | 0.00% | 0.00% | 0.00% |
MU Micron Technology, Inc. | 0.05% | 0.16% | 0.55% | 0.54% | 0.89% | 0.21% |
Frequently Asked Questions
AVGX and MU have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVGX has higher volatility (42.68%) compared to MU (32.86%). In terms of maximum drawdown, AVGX dropped -70.97% vs MU's -98.25%.
MU currently has the higher Sharpe Ratio (10.83 vs 0.64), 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.
Find the right allocation for AVGX and MU
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer