RGTZ vs. AVXX

Last updated Jul 14, 2026

RGTZ (Defiance Daily Target 2X Short RGTI ETF) and AVXX (Defiance Daily Target 2X Long AVAV ETF) are both exchange-traded funds - RGTZ is a Inverse Equities fund actively managed by Defiance ETFs, while AVXX is a Leveraged Equities fund actively managed by Defiance ETFs. Both are actively managed. At a correlation of -0.48, they often move in opposite directions. RGTZ charges 1.29%/yr vs 1.31%/yr for AVXX.

Performance

RGTZ vs. AVXX - Performance Comparison

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

Returns By Period

In the year-to-date period, RGTZ achieves a -74.98% return, which is significantly higher than AVXX's -79.68% return.

RGTZ

• 1D: 13.72%
• 1M: 53.22%
• 6M: -65.05%
• YTD: -74.98%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AVXX

• 1D: -3.96%
• 1M: -37.26%
• 6M: -90.98%
• YTD: -79.68%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

RGTZ vs. AVXX - Yearly Performance Comparison

	2026 (YTD)	2025
RGTZ Defiance Daily Target 2X Short RGTI ETF	-74.98%	46.71%
AVXX Defiance Daily Target 2X Long AVAV ETF	-79.68%	-60.92%

Correlation

The correlation between RGTZ and AVXX is -0.48, 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	-0.48

Return for Risk

RGTZ vs. AVXX - Risk-Adjusted Trends Comparison

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

RGTZ vs. AVXX - Drawdown Comparison

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

Drawdown Indicators

	RGTZ	AVXX	Difference
Max Drawdown Largest peak-to-trough decline	-92.92%	-92.58%	-0.34%
Current Drawdown Current decline from peak	-84.88%	-92.55%	+7.67%
Average Drawdown Average peak-to-trough decline	-47.53%	-65.45%	+17.92%

Volatility

Volatility by Period

	RGTZ	AVXX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	214.07%	160.26%	+53.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	214.07%	160.26%	+53.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	214.07%	160.26%	+53.81%

RGTZ vs. AVXX - Expense Ratio Comparison

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

Dividends

RGTZ vs. AVXX - Dividend Comparison

RGTZ has not paid dividends to shareholders, while AVXX's dividend yield for the trailing twelve months is around 1.77%.

Position	TTM	2025
AVXX Defiance Daily Target 2X Long AVAV ETF	1.77%	0.36%
RGTZ Defiance Daily Target 2X Short RGTI ETF	0.00%	0.00%

Frequently Asked Questions

Can I hold both RGTZ and AVXX in my portfolio?

RGTZ and AVXX have a correlation of -0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RGTZ or AVXX?

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, RGTZ or AVXX?

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

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

AVXX has the higher dividend yield at 1.77%, compared with 0.00% for RGTZ.

What is the main difference between RGTZ and AVXX?

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