Skip to content
etf.net

AVGG

GradeANASDAQ Global Market

Leverage Shares 2X Long AVGO Daily ETF

Leveraged · Single-Stock Leveraged · LeverageShares · Inception 2025-05-16

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$22.60−1.24 (−5.20%)

As of Sep 23, 2026, 2:19 PM EDT

History starts May 16, 2025.
Intraday session: down, 59 prints from 23.84 to 22.60. Range 22.48 to 23.39. Use the arrow keys to read each point.$22.40$22.80$23.2010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$50M
1Y return
−16.6%
Yield · Last 12 months
Data unavailable
Holdings
4
Volume · 30D
0.4M sh
NAV per share
$23.57
52W range
low $17.87high $49.44

The ETF.net AVGG Grade

A

71/ 100

Rank 1 of 6 in 2x Long Broadcom (AVGO)⁠

Confidence Medium

Six-pillar profile for AVGG. Scores out of 100: Cost 73, Risk 48, Mission 95, Tradability 58, Holdings not scored, Durability 49. Strongest: Mission (95). Weakest: Risk (48). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 71 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    AScore 73
    Category rank2/6 · top 33%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 95
    Category rank5/5 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 48
    Category rank3/5 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 58
    Category rank4/6 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 49
    Category rank4/6 · mid-pack

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on AVGG

ETF.net Research

AA 2x daily Broadcom trade at the cheapest fee in its cohort. Same mechanical goal as the other AVGO bulls, less toll on the way through, wrapped as a regular 1940 Act ETF instead of a note.

Stated mandate

The fund seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of Broadcom Inc. stock.

Why people hold it

  1. 010.75% expense ratio is the lowest among the AVGO 2x lineup: AVGW 0.99%, AVL 1.01%, AVGX 1.30%, AVGU 1.51%.leverageshares.com
  2. 02Aims for 200% of Broadcom's daily move, before fees. One ticker in a cash account, no margin agreement or options chain to manage.leverageshares.com
  3. 03Built as a registered 1940 Act fund, not an exchange-traded note, so you are not also holding a bank's credit.leverageshares.com
  4. 04Hits its stated daily target tightly, among the closer trackers in the AVGO leveraged group.

Worth knowing

  1. 01The 2x target resets every day. Hold longer and compounding takes over, so results over a week or a month can land well away from twice the stock's move.
  2. 02One stock, doubled. An earnings miss or AI-spending headline at Broadcom lands here at twice the size, in both directions.
  3. 03Launched in 2025, so the record is short and spans limited market conditions. Volume is moderate, which can widen spreads on busy days.

AVGG Holdings

As of Sep 21, 2026, 6:58 PM
Asset class
Stocks
Holdings
4
Top-10 weight
213%
Largest holding
BROADCOM INC SWAP - L - CLEARSTREET79.5%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—BROADCOM INC SWAP - L - CLEARSTREET79.50%92,018$34M1
002—BROADCOM INC SWAP - L - MAREX76.61%88,675$33M1
003—BROADCOM INC SWAP - L - CANTOR43.87%50,785$19M1
004—First American Treasury Obligations Fund 01/01/204013.08%5,577,889$6M147

Showing 1–4 of 4 holdings

AVGG Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

AVGG$8,336
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. AVGG $8,336. SPY $11,723. Use the arrow keys to read each point.$5,614$11,383$17,153Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for AVGG. Periods over one year show the average yearly return.
PeriodAVGG
Year to date−12.0%
1 month−3.5%
3 months−19.4%
1 year−16.6%
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for AVGG
YearReturn barAVGG
2026 YTD−12.0%
2025+91.2%

Since listing, May 16, 2025

AVGG in the news

ETF.net Research hasn’t filed on AVGG yet — coverage lands here as it’s written.

AVGG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.61 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2025–2026

One bar per payment. 1 payment from 2025 to 2026 YTD. Dec 30, 2025 $0.61. Use the arrow keys to read each point.20252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Jan 2, 2026$0.61

AVGG Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
91.7%
Annualised · 15 months to Aug 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.73
vs 3-month T-bills · 15 months to Aug 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−55.9%
16 months · trough Sep 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
6.16
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

AVGG Cost

Expense ratio0.75%
  • The middle half of 2x Long Broadcom (AVGO) funds
  • Median 1.00%

1 of the 6 2x Long Broadcom (AVGO) funds charge less.

AVGG costs $75.00 a year on $10,000. The median 2x Long Broadcom (AVGO) fund costs $100.00.