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Launched

GraniteShares 2x Long AVGO Daily ETF

AVGUNasdaqGraniteSharesCThis 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.

$18.34−4.92 (−21.13%)

At close: Nov 5, 2026, 4:00 PM ET

C49/ 100

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

C49/100Rank 5 of 6in2x Long Broadcom (AVGO)
Intraday session: down, 79 prints from 23.26 to 18.34. Range 18.34 to 21.50. Use the arrow keys to read each point.19.0020.0021.0022.0010 AM12 PM2 PM4 PM
Expense ratio
1.66%
Fund size
$30M
1Y total return
−53.2%
Yield · Last 12 months
No data
Holdings
2
Avg volume · 30D
149K sh
52W range
low $18.32high $63.46
Launched

The ETF.net AVGU Grade

Based on 5 of 6 pillars

C

Score 49 out of 100

Category
2x Long Broadcom (AVGO)⁠
Rank
5 of 6
Six-pillar profile for AVGU. Scores out of 100: Cost 10, Risk 45, Mission 97, Tradability 58, Holdings not scored, Durability 41. Strongest: Mission (97). Weakest: Cost (10). Based on 5 of 6 pillars.

Score 49 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 3 of 5

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C45 out of 100
    Rank 6 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

In short

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

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

Worth knowing

  • Cost 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.
  • The 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.
  • Launched 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 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$4,684
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,934
Nov 5, 2025 to Nov 5, 2026. AVGU $4,684. SPY $10,934. Use the arrow keys to read each point.$5,000$10,000$15,000Nov 2025May 2026Nov 2026

Nov 5, 2025 – Nov 5, 2026

Returns run to the Nov 5, 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−46.8%
1 month−38.4%
3 months−55.5%
1 year−53.2%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

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−46.8%
2025+32.4%

Since listing, Jul 15, 2025

AVGU in the news

AVGU Dividends

This fund pays no distributions.
No dataLast 12 months
Payout per share
No dataLast 12 months

No distributions in the last 12 months.

AVGU Risk

Risk pillarC45 out of 100Rank 6 of 6 in 2x Long Broadcom (AVGO)

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.
92.0%
Annualised · 15 months to Oct 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.
0.16
vs 3-month T-bills · 15 months to Oct 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.
−69.5%
15 months · trough Nov 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.
6.01
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.

FMP measures it over up to five years of monthly returns.

AVGU Cost

Compare AVGU and AVGC

Overpaying vs AVGC, cheapest in 2x Long Broadcom (AVGO)

$19,460

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • AVGU 1.66%

    $28,501

  • AVGC 0.45% Cheapest

    $9,041

$10,000
30 years

Cost over time

  • AVGU 1.66%
  • AVGC 0.45%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530AVGU $28,501AVGC $9,041

Year by year

YearAVGUAVGCOverpaying
10$2,847$812$2,035
20$10,392$3,128$7,264
30$28,501$9,041$19,460

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