Defiance Daily Target 2X Long AVGO ETF (AVGX) Performance
AVGX total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −33.8% since Dec 31, 2025
- 1 year
- −37.9% total return
- Since first price
- +65.2% since 2024
AVGX trailing returns vs SPY, QQQ, AGG
| Period | AVGX total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −19.9% | −19.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −37.3% | −37.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −50.8% | −50.8% | +7.8% | +8.4% | −1.5% |
| YTD | −33.8% | −33.8% | +12.3% | +15.1% | −1.0% |
| 1 year | −37.9% | −38.9% | +14.4% | +15.9% | −1.1% |
| Since inceptionAug 22, 2024 | +65.2% | +61.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: AVGX vs SPY
From Aug 22, 2024: AVGX grew to $16,521, SPY to $14,021.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
AVGX returns by calendar year
1 of 1 full years positive. Best 2025 (+47.0%), worst 2025 (+47.0%). 2026 is year to date.
AVGX annual returns table
| Year | AVGX | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −33.8% | −61.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +47.0% | −68.7% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
AVGX largest drawdowns
Now 61.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 16, 2024 | −71.0% | Apr 4, 2025 | Jul 17, 2025 | 4 months | 7 months |
| Jun 2, 2026 | −61.4% | Oct 23, 2026 | not yet | 5 months | 5 months so far |
| Dec 10, 2025 | −54.1% | Mar 30, 2026 | May 29, 2026 | 4 months | 6 months |
| Aug 23, 2024 | −34.1% | Sep 6, 2024 | Sep 20, 2024 | 14 days | 28 days |
| Oct 9, 2024 | −28.7% | Nov 27, 2024 | Dec 13, 2024 | 49 days | 2 months |
| Sep 10, 2025 | −24.5% | Oct 10, 2025 | Oct 29, 2025 | 30 days | 49 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
AVGX risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +40.4% |
| Volatility (annualized) | 105.8% |
| Sharpe ratio | 0.71 |
| Sortino ratio | 1.63 |
| Best month | +87.0% |
| Worst month | −32.7% |
| Best 12 months | +286.1% |
| Worst 12 months | −19.9% |
| Positive months | 52% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
AVGX rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 15 | −45.7% | +77.8% | +286.1% | 87% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
AVGX performance overview
Defiance Daily Target 2X Long AVGO ETF (AVGX) returned −37.9% over the past year, with distributions reinvested. Since its first recorded price on Aug 22, 2024 it has returned +65.2%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −71.0%, from Dec 16, 2024 to Apr 4, 2025, and it took 3 months to get back to the old high. Volatility has been 105.8% a year.
Related: AVGX chart, AVGX dividends. See the AVGX overview for the latest quote and fund facts.
AVGX performance FAQ
What is the AVGX return over the past year?
AVGX returned −37.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 38.9%.
How much would $10,000 invested in AVGX be worth?
$10,000 invested in AVGX at its first recorded close on August 22, 2024 would be worth about $16,521 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of AVGX?
The largest peak-to-trough decline was −71.0% between December 16, 2024 and April 4, 2025. It recovered to the old high on July 17, 2025, 3 months after the bottom.
How volatile is AVGX?
Over the past history AVGX had an annualized volatility of 105.8% and a Sharpe ratio of 0.71 (excess return over 1–3 month T-bills per unit of risk).