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AVGU

GradeCNASDAQ Global Market

GraniteShares 2x Long AVGO Daily ETF

Leveraged · Single-Stock Leveraged · GraniteShares · Inception 2025-07-15

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.

$28.80−1.58 (−5.22%)

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

History starts Jul 15, 2025.
Intraday session: down, 58 prints from 30.39 to 28.80. Range 28.65 to 29.92. Use the arrow keys to read each point.$28.50$29.00$29.50$30.0010 AM12 PM2 PM4 PM
Expense ratio
1.51%
Fund size
$37M
1Y return
−15.9%
Yield · Last 12 months
—
Volume · 30D
0.2M sh
NAV per share
$30.09
52W range
low $22.99high $63.45

The ETF.net AVGU Grade

C

52/ 100

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

Confidence Medium

Six-pillar profile for AVGU. Scores out of 100: Cost 10, Risk 51, Mission 99, Tradability 63, Holdings not scored, Durability 41. Strongest: Mission (99). Weakest: Cost (10). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 52 of 100 sits in the C 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.
    FScore 10
    Category rank6/6 · bottom quartile

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 99
    Category rank2/5 · top 40%

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 51
    Category rank2/5 · top 40%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    BScore 63
    Category rank2/6 · top 33%

  • 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 41
    Category rank5/6 · bottom quartile

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

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 Sep 21, 2026, 4:05 AM
Asset class
Other
Holdings
—
Top-10 weight
100%
Largest holding
AVGO SWAP66.7%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—AVGO SWAP66.67%187,085$65M1
002—US Dollars33.33%32,483,648$32M85

Showing 1–2 of 2 holdings

AVGU Performance

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

AVGU$8,409
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. AVGU $8,409. SPY $11,723. Use the arrow keys to read each point.$5,711$11,491$17,272Sep 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 AVGU. Periods over one year show the average yearly return.
PeriodAVGU
Year to date−11.8%
1 month−3.9%
3 months−20.2%
1 year−15.9%
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 AVGU
YearReturn barAVGU
2026 YTD−11.8%
2025+32.4%

Since listing, Jul 15, 2025

AVGU in the news

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

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.
96.4%
Annualised · 13 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.
0.45
vs 3-month T-bills · 13 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.
−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.
5.90
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 $100.00.