MSFD vs AVXX

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

MSFD vs AVXX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

MSFD

$11M

AVXX

$11M

Expense Ratio

MSFD

1.02%

AVXX

N/A

Max Drawdown

Winner

MSFD

64.30%

AVXX

92.66%

Sharpe Ratio

Winner

MSFD

0.93

AVXX

-1.25

5Y Beta

Winner

MSFD

-0.87

AVXX

3.77

MSFD vs AVXX - Historical Returns

Returns include dividend reinvestment.

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

MSFD

-2.39%

Winner

AVXX

+3.64%

Winner

MSFD

+7.44%

AVXX

-51.58%

Winner

MSFD

+18.25%

AVXX

-83.06%

MSFD

+29.42%

AVXX

N/A

Max(CAGR)

Winner

MSFD

-10.44%

AVXX

-95.90%

MSFD vs AVXX - Annual Returns (2022 - 2026)

Returns include dividend reinvestment.

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

MSFD vs AVXX Drawdown Comparison

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

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

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

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