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AVXX vs. COTG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

AVXX vs. COTG - Performance Comparison

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

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Returns By Period

In the year-to-date period, AVXX achieves a -61.04% return, which is significantly lower than COTG's 19.79% return.


AVXX

1D
-18.49%
1M
4.38%
YTD
-61.04%
6M
-71.85%
1Y
3Y*
5Y*
10Y*

COTG

1D
-0.21%
1M
-6.22%
YTD
19.79%
6M
10.11%
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

AVXX vs. COTG - Yearly Performance Comparison


Correlation

The correlation between AVXX and COTG is 0.02, 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 Oct 27, 2025

0.02

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Return for Risk

AVXX vs. COTG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long AVAV ETF (AVXX) and Leverage Shares 2X Long COST Daily ETF (COTG). 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.


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

AVXX vs. COTG - Sharpe Ratio Comparison


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Sharpe Ratios by Period


AVXXCOTGDifference

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.62

-0.21

-0.41

Drawdowns

AVXX vs. COTG - Drawdown Comparison

The maximum AVXX drawdown since its inception was -88.97%, which is greater than COTG's maximum drawdown of -25.69%. Use the drawdown chart below to compare losses from any high point for AVXX and COTG.


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Drawdown Indicators


AVXXCOTGDifference

Max Drawdown

Largest peak-to-trough decline

-88.97%

-25.69%

-63.28%

Current Drawdown

Current decline from peak

-85.71%

-21.87%

-63.84%

Average Drawdown

Average peak-to-trough decline

-62.09%

-8.50%

-53.59%

Volatility

AVXX vs. COTG - Volatility Comparison


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Volatility by Period


AVXXCOTGDifference

Volatility (1Y)

Calculated over the trailing 1-year period

154.95%

40.52%

+114.43%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

154.95%

40.52%

+114.43%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

154.95%

40.52%

+114.43%

AVXX vs. COTG - Expense Ratio Comparison

AVXX has a 1.31% expense ratio, which is higher than COTG's 0.75% expense ratio.


Dividends

AVXX vs. COTG - Dividend Comparison

AVXX's dividend yield for the trailing twelve months is around 0.92%, while COTG has not paid dividends to shareholders.


Frequently Asked Questions


AVXX and COTG have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

COTG is cheaper with a 0.75% expense ratio, compared with 1.31% for AVXX.

AVXX has the higher dividend yield at 0.92%, compared with 0.00% for COTG.

They also come from different issuers: Defiance ETFs and Leverage Shares. Their fees differ too: 1.31% for AVXX and 0.75% for COTG.

Portfolio Optimizer

Find the right allocation for AVXX and COTG

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