METY.L vs. AVGI.L

Last updated Jun 26, 2026

METY.L (IncomeShares META Options ETP) and AVGI.L (IncomeShares Broadcom (AVGO) Options ETP) are both Derivative Income funds from Leverage Shares. Both are actively managed. At a 0.21 correlation, their price movements are largely independent. Both charge a 0.55% expense ratio.

Performance

METY.L vs. AVGI.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares META Options ETP (METY.L) and IncomeShares Broadcom (AVGO) Options ETP (AVGI.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, METY.L achieves a -27.52% return, which is significantly lower than AVGI.L's 9.83% return.

METY.L

• 1D: 0.00%
• 1M: -8.57%
• YTD: -27.52%
• 6M: -27.10%
• 1Y: -33.97%
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVGI.L

• 1D: 0.00%
• 1M: -7.75%
• YTD: 9.83%
• 6M: 10.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

METY.L vs. AVGI.L - Yearly Performance Comparison

	2026 (YTD)	2025
METY.L IncomeShares META Options ETP	-27.52%	-7.86%
AVGI.L IncomeShares Broadcom (AVGO) Options ETP	9.83%	11,438.21%

Correlation

The correlation between METY.L and AVGI.L is 0.21, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 7, 2025	0.21

Return for Risk

METY.L vs. AVGI.L — Risk / Return Rank

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

METY.L

METY.L Risk / Return Rank: 2
METY.L Sharpe Ratio Rank: 1
METY.L Sortino Ratio Rank: 2
METY.L Omega Ratio Rank: 1
METY.L Calmar Ratio Rank: 2
METY.L Martin Ratio Rank: 2

AVGI.L

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

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.

METY.L vs. AVGI.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares META Options ETP (METY.L) and IncomeShares Broadcom (AVGO) Options ETP (AVGI.L). 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.

	METY.L	AVGI.L	Difference
Sharpe ratio: Return per unit of total volatility	-1.12	—	—
Sortino ratio: Return per unit of downside risk	-1.56	—	—
Omega ratio: Gain probability vs. loss probability	0.80	—	—
Calmar ratio: Return relative to maximum drawdown	-0.83	—	—
Martin ratio: Return relative to average drawdown	-1.47	—	—

Drawdowns

METY.L vs. AVGI.L - Drawdown Comparison

The maximum METY.L drawdown since its inception was -40.70%, smaller than the maximum AVGI.L drawdown of -43.06%. Use the drawdown chart below to compare losses from any high point for METY.L and AVGI.L.

Drawdown Indicators

	METY.L	AVGI.L	Difference
Max Drawdown Largest peak-to-trough decline	-40.70%	-43.06%	+2.36%
Max Drawdown (1Y) Largest decline over 1 year	-40.70%	—	—
Current Drawdown Current decline from peak	-40.22%	-28.20%	-12.02%
Average Drawdown Average peak-to-trough decline	-15.49%	-22.16%	+6.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	23.04%	—	—

Volatility

Volatility by Period

	METY.L	AVGI.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	24.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	30.27%	10,070.47%	-10,040.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.85%	10,070.47%	-10,039.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.85%	10,070.47%	-10,039.62%

METY.L vs. AVGI.L - Expense Ratio Comparison

Both METY.L and AVGI.L have an expense ratio of 0.55%.

Dividends

METY.L vs. AVGI.L - Dividend Comparison

METY.L's dividend yield for the trailing twelve months is around 21.26%, less than AVGI.L's 48.40% yield.

Position	TTM	2025	2024
AVGI.L IncomeShares Broadcom (AVGO) Options ETP	48.40%	10.33%	0.00%
METY.L IncomeShares META Options ETP	21.26%	19.94%	3.15%

Frequently Asked Questions

Can I hold both METY.L and AVGI.L in my portfolio?

METY.L and AVGI.L have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, METY.L or AVGI.L?

Both ETFs have the same 0.55% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, METY.L or AVGI.L?

METY.L and AVGI.L have the same expense ratio: 0.55% per year.