AVXX vs MSFD

Comparison between Defiance Daily Target 2x Long AVAV ETF (AVXX, ETF) and DIREXION DAILY MSFT BEAR 1X SHARES (MSFD, ETF).

AVXX vs MSFD - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AVXX(ETF)	MSFD(ETF)
Net Assets	$11M	$11M
Expense Ratio	N/A	1.02%
Max Drawdown	92.66%	64.30%
Sharpe Ratio	-1.25	0.93
5Y Beta	3.77	-0.87

Net Assets

AVXX

$11M

MSFD

$11M

Expense Ratio

AVXX

N/A

MSFD

1.02%

Max Drawdown

AVXX

92.66%

Winner

MSFD

64.30%

Sharpe Ratio

AVXX

-1.25

Winner

MSFD

0.93

5Y Beta

AVXX

3.77

Winner

MSFD

-0.87

AVXX vs MSFD - Historical Returns

Returns include dividend reinvestment.

Period	AVXX	MSFD
1 month	+3.64%	-2.39%
3 months	-51.58%	+7.44%
6 months	-83.06%	+18.25%
1 year	N/A	+29.42%
Max(CAGR)	-95.90%	-10.44%

Winner

AVXX

+3.64%

MSFD

-2.39%

AVXX

-51.58%

Winner

MSFD

+7.44%

AVXX

-83.06%

Winner

MSFD

+18.25%

AVXX

N/A

MSFD

+29.42%

Max(CAGR)

AVXX

-95.90%

Winner

MSFD

-10.44%

AVXX vs MSFD - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

Year	AVXX	MSFD
2026	-77.57%	+20.06%
2025	-63.02%	-13.92%
2024	N/A	-9.11%
2023	N/A	-35.46%
2022	N/A	+3.88%

AVXX vs MSFD Drawdown Comparison

The maximum drawdown for AVXX was -92.64%, occurring on Jul 15, 2026. This drawdown has not yet recovered.

The maximum drawdown for MSFD was -59.90%, occurring on Oct 29, 2025. This drawdown has not yet recovered.

The current AVXX drawdown is -90.81%. The current MSFD drawdown is -44.64%.

Rank	AVXX	MSFD
#1	-92.64% Oct 29, 2025 - Jul 15, 2026	-59.90% Nov 3, 2022 - Oct 29, 2025
#2	-0.20% Oct 27, 2025 - Oct 29, 2025	-10.40% Oct 11, 2022 - Nov 2, 2022
#3	N/A	-6.51% Sep 30, 2022 - Oct 10, 2022
#4	N/A	-3.15% Sep 8, 2022 - Sep 13, 2022
#5	N/A	-2.11% Sep 27, 2022 - Sep 30, 2022
#6	N/A	-0.51% Sep 21, 2022 - Sep 23, 2022