AVXX vs. RGTZ

Last updated Jul 15, 2026

AVXX (Defiance Daily Target 2X Long AVAV ETF) and RGTZ (Defiance Daily Target 2X Short RGTI ETF) are both exchange-traded funds - AVXX is a Leveraged Equities fund actively managed by Defiance ETFs, while RGTZ is a Inverse Equities fund actively managed by Defiance ETFs. Both are actively managed. At a correlation of -0.49, they often move in opposite directions. AVXX charges 1.31%/yr vs 1.29%/yr for RGTZ.

Performance

AVXX vs. RGTZ - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with AVXX having a -79.26% return and RGTZ slightly higher at -77.45%.

AVXX

• 1D: 2.06%
• 1M: -35.96%
• 6M: -90.47%
• YTD: -79.26%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

RGTZ

• 1D: -9.87%
• 1M: 38.10%
• 6M: -70.74%
• YTD: -77.45%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

AVXX vs. RGTZ - Yearly Performance Comparison

	2026 (YTD)	2025
AVXX Defiance Daily Target 2X Long AVAV ETF	-79.26%	-60.92%
RGTZ Defiance Daily Target 2X Short RGTI ETF	-77.45%	46.71%

Correlation

The correlation between AVXX and RGTZ is -0.49, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 24, 2025	-0.49

Return for Risk

AVXX vs. RGTZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Long AVAV ETF (AVXX) and Defiance Daily Target 2X Short RGTI ETF (RGTZ). 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.

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

Drawdowns

AVXX vs. RGTZ - Drawdown Comparison

The maximum AVXX drawdown since its inception was -92.58%, roughly equal to the maximum RGTZ drawdown of -92.92%. Use the drawdown chart below to compare losses from any high point for AVXX and RGTZ.

Drawdown Indicators

	AVXX	RGTZ	Difference
Max Drawdown Largest peak-to-trough decline	-92.58%	-92.92%	+0.34%
Current Drawdown Current decline from peak	-92.39%	-86.37%	-6.02%
Average Drawdown Average peak-to-trough decline	-65.60%	-47.74%	-17.86%

Volatility

Volatility by Period

	AVXX	RGTZ	Difference
Volatility (1Y) Calculated over the trailing 1-year period	159.85%	213.83%	-53.98%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	159.85%	213.83%	-53.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	159.85%	213.83%	-53.98%

AVXX vs. RGTZ - Expense Ratio Comparison

AVXX has a 1.31% expense ratio, which is higher than RGTZ's 1.29% expense ratio.

Dividends

AVXX vs. RGTZ - Dividend Comparison

AVXX's dividend yield for the trailing twelve months is around 1.73%, while RGTZ has not paid dividends to shareholders.

Position	TTM	2025
AVXX Defiance Daily Target 2X Long AVAV ETF	1.73%	0.36%
RGTZ Defiance Daily Target 2X Short RGTI ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVXX and RGTZ in my portfolio?

AVXX and RGTZ have a correlation of -0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AVXX or RGTZ?

On fees, RGTZ is cheaper at 1.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AVXX or RGTZ?

RGTZ is cheaper with a 1.29% expense ratio, compared with 1.31% for AVXX.

Which ETF pays a higher dividend yield, AVXX or RGTZ?

AVXX has the higher dividend yield at 1.73%, compared with 0.00% for RGTZ.

What is the main difference between AVXX and RGTZ?

AVXX is categorized as Leveraged Equities, while RGTZ is Inverse Equities. Their fees differ too: 1.31% for AVXX and 1.29% for RGTZ.