XLSI vs. AVGX

Last updated Aug 2, 2026

XLSI (Consumer Staples Select Sector SPDR Premium Income ETF) and AVGX (Defiance Daily Target 2X Long AVGO ETF) are both exchange-traded funds - XLSI is a Derivative Income fund actively managed by State Street, while AVGX is a Leveraged Equities fund actively managed by Defiance. Both are actively managed. Over the past year, XLSI returned 6.59% vs 27.98% for AVGX. Their -0.28 correlation means they have often moved in opposite directions in the past. XLSI charges 0.35%/yr vs 1.29%/yr for AVGX.

Performance

XLSI vs. AVGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Consumer Staples Select Sector SPDR Premium Income ETF (XLSI) and Defiance Daily Target 2X Long AVGO ETF (AVGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLSI achieves a 6.67% return, which is significantly higher than AVGX's 3.16% return.

XLSI

• 1D: 0.02%
• 1M: 0.27%
• 6M: 1.55%
• YTD: 6.67%
• 1Y: 6.59%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 5.53%

AVGX

• 1D: 0.88%
• 1M: 14.62%
• 6M: 15.19%
• YTD: 3.16%
• 1Y: 27.98%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 54.94%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AVGX Defiance Daily Target 2X Long AVGO ETF	$20.38M	$26.11M	$55.79M
XLSI Consumer Staples Select Sector SPDR Premium Income ETF	$285.83K	$265.98K	$245.15K

XLSI vs. AVGX - Yearly Performance Comparison

	2026 (YTD)	2025
XLSI Consumer Staples Select Sector SPDR Premium Income ETF	6.67%	-1.06%
AVGX Defiance Daily Target 2X Long AVGO ETF	3.16%	16.31%

Correlation

The correlation between XLSI and AVGX is -0.29, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.29
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	-0.28

Return for Risk

XLSI vs. AVGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

XLSI

XLSI Risk / Return Rank: 26
XLSI Sharpe Ratio Rank: 28
XLSI Sortino Ratio Rank: 26
XLSI Omega Ratio Rank: 26
XLSI Calmar Ratio Rank: 28
XLSI Martin Ratio Rank: 24

AVGX

AVGX Risk / Return Rank: 21
AVGX Sharpe Ratio Rank: 16
AVGX Sortino Ratio Rank: 27
AVGX Omega Ratio Rank: 27
AVGX Calmar Ratio Rank: 18
AVGX Martin Ratio Rank: 17

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

XLSI vs. AVGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Consumer Staples Select Sector SPDR Premium Income ETF (XLSI) 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.

	XLSI	AVGX	Difference
Sharpe ratio: Return per unit of total volatility	0.64	0.25	+0.39
Sortino ratio: Return per unit of downside risk	0.98	1.04	-0.06
Omega ratio: Gain probability vs. loss probability	1.12	1.13	-0.01
Calmar ratio: Return relative to maximum drawdown	0.91	0.43	+0.47
Martin ratio: Return relative to average drawdown	1.87	0.81	+1.05

XLSI vs. AVGX - Sharpe Ratio Comparison

The current XLSI Sharpe Ratio is 0.64, which is higher than the AVGX Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of XLSI and AVGX, 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

XLSI vs. AVGX - Drawdown Comparison

The maximum XLSI drawdown since its inception was -7.87%, smaller than the maximum AVGX drawdown of -70.97%. Use the drawdown chart below to compare losses from any high point for XLSI and AVGX.

Drawdown Indicators

	XLSI	AVGX	Difference
Max Drawdown Largest peak-to-trough decline	-7.87%	-70.97%	+63.10%
Max Drawdown (1Y) Largest decline over 1 year	-7.87%	-54.09%	+46.22%
Current Drawdown Current decline from peak	-1.93%	-39.79%	+37.86%
Average Drawdown Average peak-to-trough decline	-3.20%	-24.30%	+21.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.82%	28.91%	-25.09%

Volatility

XLSI vs. AVGX - Volatility Comparison

The current volatility for Consumer Staples Select Sector SPDR Premium Income ETF (XLSI) is 4.23%, while Defiance Daily Target 2X Long AVGO ETF (AVGX) has a volatility of 26.00%. This indicates that XLSI 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.

Volatility by Period

	XLSI	AVGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.23%	26.00%	-21.77%
Volatility (6M) Calculated over the trailing 6-month period	8.87%	69.72%	-60.85%
Volatility (1Y) Calculated over the trailing 1-year period	11.17%	95.16%	-83.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.17%	106.11%	-94.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.17%	106.11%	-94.94%

XLSI vs. AVGX - Expense Ratio Comparison

XLSI has a 0.35% expense ratio, which is lower than AVGX's 1.29% expense ratio.

Dividends

XLSI vs. AVGX - Dividend Comparison

XLSI's dividend yield for the trailing twelve months is around 11.89%, more than AVGX's 1.60% yield.

Position	TTM	2025	2024
AVGX Defiance Daily Target 2X Long AVGO ETF	1.60%	1.65%	0.81%
XLSI Consumer Staples Select Sector SPDR Premium Income ETF	11.89%	5.34%	0.00%

Frequently Asked Questions

Can I hold both XLSI and AVGX in my portfolio?

XLSI and AVGX have a correlation of -0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, XLSI or AVGX?

AVGX has higher volatility (26.00%) compared to XLSI (4.23%). In terms of maximum drawdown, XLSI dropped -7.87% vs AVGX's -70.97%.

Which ETF is better, XLSI or AVGX?

On 1-year performance, AVGX leads with 27.98% vs 6.59% for XLSI. On fees, XLSI is cheaper at 0.35% per year. On volatility, XLSI has been the lower-risk option at 4.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, XLSI or AVGX?

Over the 1-year period, AVGX has performed better with a 27.98% return vs 6.59%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, XLSI or AVGX?

XLSI is cheaper with a 0.35% expense ratio, compared with 1.29% for AVGX.

Which ETF pays a higher dividend yield, XLSI or AVGX?

XLSI has the higher dividend yield at 11.89%, compared with 1.60% for AVGX.

What is the main difference between XLSI and AVGX?

XLSI is categorized as Derivative Income, while AVGX is Leveraged Equities. They also come from different issuers: State Street and Defiance. Their fees differ too: 0.35% for XLSI and 1.29% for AVGX.

Which has better risk-adjusted returns?

XLSI currently has the higher Sharpe Ratio (0.64 vs 0.25), 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.