FTXG vs. AVL

Last updated Jun 25, 2026

FTXG (First Trust Nasdaq Food & Beverage ETF) and AVL (Direxion Daily AVGO Bull 2X Shares) are both exchange-traded funds - FTXG is a Consumer Staples Equities fund tracking the Nasdaq U.S. Smart Food & Beverage Index, while AVL is a Leveraged Equities fund actively managed by Direxion. FTXG is passively managed, while AVL is actively managed. Over the past year, FTXG returned 2.24% vs 55.05% for AVL. At a correlation of -0.20, they often move in opposite directions. FTXG charges 0.60%/yr vs 1.04%/yr for AVL.

Performance

FTXG vs. AVL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in First Trust Nasdaq Food & Beverage ETF (FTXG) and Direxion Daily AVGO Bull 2X Shares (AVL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTXG achieves a 7.25% return, which is significantly higher than AVL's 4.18% return.

FTXG

• 1D: 0.64%
• 1M: 0.11%
• YTD: 7.25%
• 6M: 6.55%
• 1Y: 2.24%
• 3Y*: -2.29%
• 5Y*: -0.10%
• 10Y*: —

AVL

• 1D: 0.96%
• 1M: -19.32%
• YTD: 4.18%
• 6M: 1.69%
• 1Y: 55.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FTXG vs. AVL - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FTXG First Trust Nasdaq Food & Beverage ETF	7.25%	-6.52%	-6.74%
AVL Direxion Daily AVGO Bull 2X Shares	4.18%	54.38%	38.75%

Correlation

The correlation between FTXG and AVL is -0.25, 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 (1Y) Calculated over the trailing 1-year period	-0.25
Correlation (All Time) Calculated using the full available price history since Oct 10, 2024	-0.20

FTXG vs. AVL - Sectors Allocation Comparison

Sectors	FTXG	AVL
Consumer Defensive	94.3%	-
Basic Materials	4.2%	-
Industrials	1.5%	-
Communication Services	-	-
Consumer Cyclical	-	-
Energy	-	-
Financial Services	-	-
Healthcare	-	-
Real Estate	-	-
Technology	-	100.0%
Utilities	-	-

Return for Risk

FTXG vs. AVL — Risk / Return Rank

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

FTXG

FTXG Risk / Return Rank: 11
FTXG Sharpe Ratio Rank: 11
FTXG Sortino Ratio Rank: 10
FTXG Omega Ratio Rank: 10
FTXG Calmar Ratio Rank: 11
FTXG Martin Ratio Rank: 11

AVL

AVL Risk / Return Rank: 24
AVL Sharpe Ratio Rank: 19
AVL Sortino Ratio Rank: 28
AVL Omega Ratio Rank: 28
AVL Calmar Ratio Rank: 24
AVL Martin Ratio Rank: 20

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.

FTXG vs. AVL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for First Trust Nasdaq Food & Beverage ETF (FTXG) and Direxion Daily AVGO Bull 2X Shares (AVL). 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.

	FTXG	AVL	Difference
Sharpe ratio: Return per unit of total volatility	0.16	0.60	-0.44
Sortino ratio: Return per unit of downside risk	0.33	1.40	-1.07
Omega ratio: Gain probability vs. loss probability	1.04	1.18	-0.14
Calmar ratio: Return relative to maximum drawdown	0.22	1.03	-0.81
Martin ratio: Return relative to average drawdown	0.40	2.17	-1.77

FTXG vs. AVL - Sharpe Ratio Comparison

The current FTXG Sharpe Ratio is 0.16, which is lower than the AVL Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of FTXG and AVL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTXG vs. AVL - Drawdown Comparison

The maximum FTXG drawdown since its inception was -31.52%, smaller than the maximum AVL drawdown of -70.63%. Use the drawdown chart below to compare losses from any high point for FTXG and AVL.

Drawdown Indicators

	FTXG	AVL	Difference
Max Drawdown Largest peak-to-trough decline	-31.52%	-70.63%	+39.11%
Max Drawdown (1Y) Largest decline over 1 year	-10.14%	-53.69%	+43.55%
Max Drawdown (3Y) Largest decline over 3 years	-18.10%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.68%	—	—
Current Drawdown Current decline from peak	-13.64%	-40.05%	+26.41%
Average Drawdown Average peak-to-trough decline	-7.67%	-23.84%	+16.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.60%	25.46%	-19.86%

Volatility

FTXG vs. AVL - Volatility Comparison

The current volatility for First Trust Nasdaq Food & Beverage ETF (FTXG) is 4.61%, while Direxion Daily AVGO Bull 2X Shares (AVL) has a volatility of 45.25%. This indicates that FTXG experiences smaller price fluctuations and is considered to be less risky than AVL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTXG	AVL	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	45.25%	-40.64%
Volatility (6M) Calculated over the trailing 6-month period	10.15%	67.26%	-57.11%
Volatility (1Y) Calculated over the trailing 1-year period	14.00%	92.85%	-78.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.50%	107.67%	-93.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.63%	107.67%	-91.04%

FTXG vs. AVL - Expense Ratio Comparison

FTXG has a 0.60% expense ratio, which is lower than AVL's 1.04% expense ratio.

Dividends

FTXG vs. AVL - Dividend Comparison

FTXG's dividend yield for the trailing twelve months is around 2.72%, less than AVL's 28.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
AVL Direxion Daily AVGO Bull 2X Shares	28.48%	29.04%	0.22%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FTXG First Trust Nasdaq Food & Beverage ETF	2.72%	2.93%	2.75%	4.27%	1.50%	1.52%	1.35%	1.25%	1.37%	1.56%	0.30%

Frequently Asked Questions

Can I hold both FTXG and AVL in my portfolio?

FTXG and AVL have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FTXG or AVL?

AVL has higher volatility (45.25%) compared to FTXG (4.61%). In terms of maximum drawdown, FTXG dropped -31.52% vs AVL's -70.63%.

Which ETF is better, FTXG or AVL?

On 1-year performance, AVL leads with 55.05% vs 2.24% for FTXG. On fees, FTXG is cheaper at 0.60% per year. On volatility, FTXG has been the lower-risk option at 4.61%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FTXG or AVL?

Over the 1-year period, AVL has performed better with a 55.05% return vs 2.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FTXG or AVL?

FTXG is cheaper with a 0.60% expense ratio, compared with 1.04% for AVL.

Which ETF pays a higher dividend yield, FTXG or AVL?

AVL has the higher dividend yield at 28.48%, compared with 2.72% for FTXG.

What is the main difference between FTXG and AVL?

FTXG is categorized as Consumer Staples Equities, while AVL is Leveraged Equities. They also come from different issuers: First Trust and Direxion. Their fees differ too: 0.60% for FTXG and 1.04% for AVL.

Which has better risk-adjusted returns?

AVL currently has the higher Sharpe Ratio (0.60 vs 0.16), 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.