POWL vs. AVGX
POWL (Powell Industries, Inc.) is a stock, while AVGX (Defiance Daily Target 2X Long AVGO ETF) is Leveraged Equities fund actively managed by Defiance. Over the past year, POWL returned 372.00% vs 68.20% for AVGX. At a 0.42 correlation, their price movements are largely independent.
Performance
POWL vs. AVGX - Performance Comparison
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Returns By Period
In the year-to-date period, POWL achieves a 177.61% return, which is significantly higher than AVGX's 3.39% return.
POWL
- 1D
- 1.46%
- 1M
- 0.75%
- YTD
- 177.61%
- 6M
- 162.55%
- 1Y
- 372.00%
- 3Y*
- 146.47%
- 5Y*
- 94.19%
- 10Y*
- 40.56%
AVGX
- 1D
- -1.88%
- 1M
- -28.54%
- YTD
- 3.39%
- 6M
- -5.26%
- 1Y
- 68.20%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
POWL vs. AVGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
POWL Powell Industries, Inc. | 177.61% | 44.49% | 27.53% |
AVGX Defiance Daily Target 2X Long AVGO ETF | 3.39% | 46.98% | 54.13% |
Correlation
The correlation between POWL and AVGX is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.39 |
Correlation (All Time) Calculated using the full available price history since Aug 22, 2024 | 0.42 |
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Return for Risk
POWL vs. AVGX — Risk / Return Rank
POWL
AVGX
POWL vs. AVGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Powell Industries, Inc. (POWL) and Defiance Daily Target 2X Long AVGO ETF (AVGX). 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.
| POWL | AVGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +5.39 | ||
| Sortino ratioReturn per unit of downside risk | +3.42 | ||
| Omega ratioGain probability vs. loss probability | 1.60 | 1.19 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 11.71 | 1.08 | +10.62 |
| Martin ratioReturn relative to average drawdown | 36.97 | 2.35 | +34.61 |
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Drawdowns
POWL vs. AVGX - Drawdown Comparison
The maximum POWL drawdown since its inception was -73.10%, roughly equal to the maximum AVGX drawdown of -70.97%. Use the drawdown chart below to compare losses from any high point for POWL and AVGX.
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Drawdown Indicators
| POWL | AVGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.10% | -70.97% | -2.13% |
Max Drawdown (1Y)Largest decline over 1 year | -30.88% | -54.09% | +23.21% |
Max Drawdown (3Y)Largest decline over 3 years | -55.76% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -55.76% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -68.85% | — | — |
Current DrawdownCurrent decline from peak | -8.45% | -39.65% | +31.20% |
Average DrawdownAverage peak-to-trough decline | -36.09% | -23.11% | -12.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.76% | 24.90% | -15.14% |
Volatility
POWL vs. AVGX - Volatility Comparison
The current volatility for Powell Industries, Inc. (POWL) is 19.86%, while Defiance Daily Target 2X Long AVGO ETF (AVGX) has a volatility of 42.68%. This indicates that POWL experiences smaller price fluctuations and is considered to be less risky than AVGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| POWL | AVGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.86% | 42.68% | -22.82% |
Volatility (6M)Calculated over the trailing 6-month period | 44.83% | 71.57% | -26.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 59.91% | 91.19% | -31.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 64.36% | 106.96% | -42.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.84% | 106.96% | -52.12% |
Dividends
POWL vs. AVGX - Dividend Comparison
POWL's dividend yield for the trailing twelve months is around 0.12%, less than AVGX's 1.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVGX Defiance Daily Target 2X Long AVGO ETF | 1.60% | 1.65% | 0.81% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
POWL Powell Industries, Inc. | 0.12% | 0.34% | 0.48% | 1.19% | 2.96% | 3.53% | 3.53% | 2.12% | 4.16% | 3.63% | 2.67% | 4.00% |
Frequently Asked Questions
POWL and AVGX have a correlation of 0.39, 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 POWL (19.86%). In terms of maximum drawdown, POWL dropped -73.10% vs AVGX's -70.97%.
POWL currently has the higher Sharpe Ratio (6.03 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.
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