AVGX vs IVV
Defiance Daily Target 2X Long AVGO ETF vs iShares Core S&P 500 ETF
Which is better, AVGX or IVV?
Trading-Leveraged Debt against Large Cap Blend.
IVV has a lower expense ratio. AVGX led over the full window, IVV over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AVGX | IVV |
|---|---|---|
| Expense Ratio | 1.31% | 0.03%Best |
| AUM | $197M | $896.5B |
| Dividend Yield | 2.05% | 1.10% |
| Holdings | 20 | 508 |
| YTD Return | -23.02% | +13.59%Best |
| 1Y Return | -27.39% | +17.54%Best |
| 3Y Return (annualized) | - | +22.46% |
| 5Y Return (annualized) | - | +13.28% |
| Volatility (annualized) | 104.5% | 12.1%Best |
| Max Drawdown | -70.7% | -18.8%Best |
| $10,000 over 2.1 years | $19,227Best | $14,121 |
| Fund Family | Defiance ETFs, LLC | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Debt | Large Cap Blend |
| Inception | Aug 21, 2024 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 22, 2024 to Oct 14, 2026 (2.1 years).
AVGX vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.1 years both funds cover.
AVGX vs IVV Performance
Defiance Daily Target 2X Long AVGO ETF (AVGX) is an ETF from Defiance ETFs, LLC and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year AVGX returned -27.39% while IVV returned +17.54%. Year to date, AVGX is down 23.02% versus a gain of 13.59% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVGX has been the more volatile fund, with annualized monthly volatility of 104.5% compared with 12.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -70.7% for AVGX and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.46. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AVGX charges 1.31% per year while IVV charges 0.03%. On a $10,000 position that is $131 vs $3 annually, a gap of $128 per year that compounds over a long holding period. On income, AVGX currently yields 2.05% against 1.10% for IVV.
Holdings Overlap
We hold position weights for 1 holding in AVGX and 506 in IVV, totalling 7.5% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in AVGX and 506 in IVV, against full books of 20 and 508.
You are not choosing between two funds in isolation.
Whichever of AVGX and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVGX or IVV?
AVGX has an expense ratio of 1.31% while IVV charges 0.03%. IVV is the cheaper option, by $128 a year on a $10,000 investment.
Which performed better, AVGX or IVV?
Over the past year AVGX returned -27.39% vs +17.54% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), AVGX annualized +36.52% vs +17.86% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVGX or IVV?
AVGX has been the more volatile fund at 104.5% annualized versus 12.1% for IVV. Worst drawdown: AVGX -70.7% vs IVV -18.8%.
Should I hold both AVGX and IVV?
AVGX and IVV have a monthly-return correlation of 0.46, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, AVGX or IVV?
AVGX yields 2.05% while IVV yields 1.10%, so AVGX currently pays the higher dividend yield.
Is IVV better than AVGX?
IVV has a lower expense ratio. AVGX led over the full window, IVV over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.