Skip to content
etf.net

Launched

GraniteShares 2x Long AVGO Daily ETF

AVGUNasdaqCThis 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.

$28.70+0.35 (+1.24%)

At close: Oct 13, 2026, 4:00 PM

C50/ 100

Rank 5 of 6 in 2x Long Broadcom (AVGO)

C50/100Rank 5 of 6in2x Long Broadcom (AVGO)
Intraday session: up, 73 prints from 28.35 to 28.70. Range 27.34 to 28.92. Use the arrow keys to read each point.27.5028.0029.0010 AM12 PM2 PM4 PM
Expense ratio
1.51%
Fund size
$42M
1Y total return
−13.7%
Yield · Last 12 months
—
Holdings
2
Avg volume · 30D
0.2M sh
NAV per share
$28.32
52W range
low $22.99high $63.46
Launched

The ETF.net AVGU Grade

Based on 5 of 6 pillars

C

Score 50 out of 100

Category
2x Long Broadcom (AVGO)⁠
Rank
5 of 6
Six-pillar profile for AVGU. Scores out of 100: Cost 10, Risk 47, Mission 97, Tradability 58, Holdings not scored, Durability 41. Strongest: Mission (97). Weakest: Cost (10). Based on 5 of 6 pillars.

Score 50 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    F10 out of 100
    Rank 6 of 6

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A97 out of 100
    Rank 2 of 5

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C47 out of 100
    Rank 3 of 6

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B58 out of 100
    Rank 4 of 6

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C41 out of 100
    Rank 5 of 6

Our read on AVGU

ETF.net Research

CFive funds now chase two times Broadcom's daily move, and AVGU is the priciest of the pack. What it delivers for that fee is precision: a 2x daily target it has tracked closely, in a plain 1940 Act ETF wrapper.

Stated mandate

The Fund seeks to provide two times the daily performance of Broadcom Inc. before fees and expenses; it is intended for active traders seeking amplified short-term exposure.

Why people hold it

  1. 01Does the one job a daily leveraged fund has: it has tracked its stated two-times Broadcom daily target closely.
  2. 02One ticker, 2x Broadcom for the day. No margin account, no borrowing, no options chain to babysit.graniteshares.com
  3. 03Single-stock by design: the reference asset is Broadcom itself, not a semiconductor basket that waters the move down.
  4. 04Standard 1940 Act fund, so it buys and sells in an ordinary brokerage account like any other ETF.graniteshares.com

Worth knowing

  1. 01Cost is the trade-off: 1.51% a year against 0.75% at AVGG and 1.01% at AVL for the same 2x AVGO daily target.
  2. 02The leverage resets at every close. Hold past a day and compounding can push your result well away from 2x the stock's move over that stretch.
  3. 03Launched in 2025 and among the smaller, less busy funds in a crowded AVGO field, so spreads can run wider than the heaviest-traded rivals.

AVGU Holdings

As of Oct 13, 2026
Asset class
Other
Holdings
2
Top-10 weight
100%
Largest holding
AVGO66.7%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001AVGOAvgo66.68%234,686$83M754
002—US Dollars33.32%41,601,755$42M85

Showing 1–2 of 2 holdings

AVGU Performance

Launched Jul 15, 2025

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

Not enough history yet.Not enough history yet.Not enough history yet.
AVGU$8,631
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. AVGU $8,631. SPY $12,044. Use the arrow keys to read each point.$6,270$12,721$19,173Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 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 AVGU. Periods over one year show the average yearly return.
PeriodAVGU
Year to date−17.7%
1 month−5.7%
3 months−26.8%
1 year−13.7%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper 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 AVGU
YearReturn barAVGU
2026 YTD−17.7%
2025+32.4%

Since listing, Jul 15, 2025

AVGU in the news

Filtered to AVGU · GraniteShares

AVGU Dividends

This fund pays no distributions.
—Last 12 months
Payout per share
—Last 12 months

No distributions in the last 12 months.

AVGU 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.
93.7%
Annualised · 14 months to Sep 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.
0.32
vs 3-month T-bills · 14 months to Sep 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.
−56.2%
14 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.
5.94
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.

AVGU Cost

Expense ratio1.51%
  • The middle half of 2x Long Broadcom (AVGO) funds
  • Median 1.00%

Every other 2x Long Broadcom (AVGO) fund charges less.

AVGU costs $151.00 a year on $10,000. The median 2x Long Broadcom (AVGO) fund costs $100.50.

Other funds in 2x Long Broadcom (AVGO)

See others