AVGX vs MPV

Comparison between DEFIANCE DAILY TARGET 2X LONG AVGO ETF (AVGX, ETF) and Barings Participation Investors (MPV, ETF).

AVGX vs MPV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AVGX(ETF)	MPV(ETF)
Net Assets	$165M	$165M
Max Drawdown	71.20%	58.06%
Sharpe Ratio	0.91	0.07
5Y Beta	3.85	0.16
5Y Dividends CAGR	N/A	18.25%

Net Assets

Winner

AVGX

$165M

MPV

$165M

Max Drawdown

AVGX

71.20%

Winner

MPV

58.06%

Sharpe Ratio

Winner

AVGX

0.91

MPV

0.07

5Y Beta

AVGX

3.85

Winner

MPV

0.16

5Y Dividends CAGR

AVGX

N/A

MPV

18.25%

AVGX vs MPV - Historical Returns

Returns include dividend reinvestment.

Period	AVGX	MPV
1 month	-22.79%	-1.62%
3 months	+21.62%	-10.03%
6 months	-18.72%	-11.18%
1 year	+57.26%	+0.85%
5 years(CAGR)	N/A	+12.68%
10 years(CAGR)	N/A	+9.43%
Max(CAGR)	+73.12%	+10.30%

AVGX

-22.79%

Winner

MPV

-1.62%

Winner

AVGX

+21.62%

MPV

-10.03%

AVGX

-18.72%

Winner

MPV

-11.18%

Winner

AVGX

+57.26%

MPV

+0.85%

5Y(CAGR)

AVGX

N/A

MPV

+12.68%

10Y(CAGR)

AVGX

N/A

MPV

+9.43%

Max(CAGR)

Winner

AVGX

+73.12%

MPV

+10.30%

AVGX vs MPV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	AVGX	MPV
2026	+5.98%	+2.23%
2025	+46.84%	+0.65%
2024	+69.96%	+23.57%
2023	N/A	+38.90%
2022	N/A	-8.74%
2021	N/A	+32.50%
2020	N/A	-20.48%
2019	N/A	+13.29%
2018	N/A	+12.79%
2017	N/A	+7.17%
2016	N/A	+12.36%
2015	N/A	+12.35%
2014	N/A	+11.33%
2013	N/A	-2.17%
2012	N/A	-3.05%
2011	N/A	+22.51%
2010	N/A	+24.55%
2009	N/A	+42.89%
2008	N/A	-22.37%
2007	N/A	-4.22%
2006	N/A	+17.46%
2005	N/A	+13.65%
2004	N/A	+24.17%
2003	N/A	+37.18%
2002	N/A	+10.96%
2001	N/A	-8.20%
2000	N/A	+20.22%
1999	N/A	+1.28%

AVGX vs MPV Drawdown Comparison

The maximum drawdown for AVGX was -70.97%, occurring on Apr 4, 2025. Recovery took 144 trading sessions.

The maximum drawdown for MPV was -54.02%, occurring on Mar 23, 2020. Recovery took 896 trading sessions.

The current AVGX drawdown is -37.76%. The current MPV drawdown is -14.30%.

Rank	AVGX	MPV
#1	-70.97% Dec 16, 2024 - Jul 17, 2025	-54.02% Feb 7, 2020 - Aug 30, 2023
#2	-54.09% Dec 10, 2025 - May 29, 2026	-49.97% Mar 9, 2007 - May 13, 2010
#3	-37.76% Jun 2, 2026 - Jun 5, 2026	-21.77% Aug 28, 2001 - May 16, 2003
#4	-34.13% Aug 23, 2024 - Sep 20, 2024	-21.21% Nov 19, 1999 - Aug 21, 2000
#5	-28.67% Oct 9, 2024 - Dec 13, 2024	-19.70% Nov 26, 2025 - Dec 31, 2025
#6	-24.52% Sep 10, 2025 - Oct 29, 2025	-16.94% Aug 18, 2005 - Feb 16, 2006
#7	-23.68% Oct 29, 2025 - Nov 26, 2025	-16.94% Sep 20, 2012 - Aug 15, 2014
#8	-14.84% Aug 12, 2025 - Sep 5, 2025	-15.21% Feb 9, 2005 - May 27, 2005
#9	-12.25% Sep 26, 2024 - Oct 8, 2024	-13.78% Feb 20, 2025 - May 27, 2025
#10	-10.94% Nov 28, 2025 - Dec 9, 2025	-13.28% Jan 20, 2012 - Sep 19, 2012
#11	-9.52% Jul 30, 2025 - Aug 7, 2025	-12.19% Sep 12, 2016 - Sep 26, 2017
#12	-6.68% Jul 21, 2025 - Jul 24, 2025	-12.14% Aug 1, 2011 - Oct 14, 2011
#13	-5.36% Sep 8, 2025 - Sep 10, 2025	-10.76% Mar 9, 2011 - Jul 8, 2011
#14	-2.45% Jul 17, 2025 - Jul 21, 2025	-10.70% Jan 16, 2015 - May 18, 2015
#15	-0.75% Aug 8, 2025 - Aug 12, 2025	-10.32% Jul 10, 2024 - Sep 16, 2024

Correlation

Correlation between AVGX and MPV is 0.69 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.69

-101

Dividend Comparison (2000 - 2026)

AVGX vs MPV dividend yield comparison.

Year	AVGX	MPV
2026	0.00%	2.23%
2025	1.65%	9.31%
2024	0.81%	9.19%
2023	0.00%	8.27%
2022	0.00%	6.98%
2021	0.00%	5.41%
2020	0.00%	6.73%
2019	0.00%	6.70%
2018	0.00%	7.18%
2017	0.00%	7.66%
2016	0.00%	7.61%
2015	0.00%	7.86%
2014	0.00%	8.16%
2013	0.00%	8.39%
2012	0.00%	7.76%
2011	0.00%	7.76%
2010	0.00%	7.20%
2009	0.00%	8.20%
2008	0.00%	11.05%
2007	0.00%	9.48%
2006	0.00%	8.10%
2005	0.00%	7.19%
2004	0.00%	8.26%
2003	0.00%	8.24%
2002	0.00%	9.15%
2001	0.00%	10.55%
2000	0.00%	9.41%