AVS vs WEPN

Comparison between DIREXION DAILY AVGO BEAR 1X SHARES (AVS, ETF) and NICHOLAS DEFENSE AND RARE EARTH INCOME ETF (WEPN, ETF).

AVS vs WEPN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AVS(ETF)	WEPN(ETF)
Net Assets	$7.50M	$7.50M
Expense Ratio	1.03%	1.11%
Max Drawdown	77.87%	18.88%
Sharpe Ratio	-0.85	-1.17
5Y Beta	-1.88	1.50
P/E Ratio	N/A	101.87
Forward P/E	N/A	22.86
Debt to Equity	N/A	49.80%
P/S Ratio	N/A	3.60
P/B Ratio	N/A	4.33

Net Assets

AVS

$7.50M

WEPN

$7.50M

Expense Ratio

Winner

AVS

1.03%

WEPN

1.11%

Max Drawdown

AVS

77.87%

Winner

WEPN

18.88%

Sharpe Ratio

Winner

AVS

-0.85

WEPN

-1.17

5Y Beta

Winner

AVS

-1.88

WEPN

1.50

P/E Ratio

AVS

N/A

WEPN

101.87

Forward P/E

AVS

N/A

WEPN

22.86

Debt to Equity

AVS

N/A

WEPN

49.80%

P/S Ratio

AVS

N/A

WEPN

3.60

P/B Ratio

AVS

N/A

WEPN

4.33

AVS vs WEPN - Historical Returns

Returns include dividend reinvestment.

Period	AVS	WEPN
1 month	+0.59%	-3.83%
3 months	-1.88%	-8.44%
6 months	-22.00%	N/A
1 year	-36.80%	N/A
Max(CAGR)	-47.17%	-31.62%

Winner

AVS

+0.59%

WEPN

-3.83%

Winner

AVS

-1.88%

WEPN

-8.44%

AVS

-22.00%

WEPN

N/A

AVS

-36.80%

WEPN

N/A

Max(CAGR)

AVS

-47.17%

Winner

WEPN

-31.62%

AVS vs WEPN - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	AVS	WEPN
2026	-17.95%	-13.56%
2025	-46.03%	N/A
2024	-27.14%	N/A

AVS vs WEPN Drawdown Comparison

The maximum drawdown for AVS was -76.76%, occurring on Jun 2, 2026. This drawdown has not yet recovered.

The maximum drawdown for WEPN was -16.23%, occurring on Jul 20, 2026. This drawdown has not yet recovered.

The current AVS drawdown is -72.26%. The current WEPN drawdown is -15.44%.

Rank	AVS	WEPN
#1	-76.76% Nov 27, 2024 - Jun 2, 2026	-16.23% Jun 1, 2026 - Jul 20, 2026
#2	-8.47% Nov 4, 2024 - Nov 15, 2024	-15.13% Mar 4, 2026 - Jun 1, 2026
#3	-4.35% Oct 24, 2024 - Oct 31, 2024	N/A
#4	-3.15% Oct 15, 2024 - Oct 23, 2024	N/A
#5	-0.61% Nov 20, 2024 - Nov 27, 2024	N/A
#6	-0.41% Nov 15, 2024 - Nov 20, 2024	N/A
#7	-0.36% Oct 11, 2024 - Oct 15, 2024	N/A

Correlation

Correlation between AVS and WEPN is -0.51 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.51

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