Direxion Daily AVGO Bull 2X Shares
$36.68−1.97 (−5.10%)
- Expense ratio
- 1.01%
- Fund size
- $258M
- 1Y return
- −15.9%
- Yield · Last 12 months
- 33.47%
- Volume · 30D
- 0.8M sh
- NAV per share
- $35.23
- 52W range
The ETF.net AVL Grade
Score 63 of 100 sits in the B 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.CScore 43Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 97Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 48Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 59Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 77Category rank
Our read on AVL
BFive funds now chase twice Broadcom's daily move. AVL is Direxion's entry: a plain 200%-of-daily-AVGO tool priced at the middle of that pack, with a matching bear fund on the same shelf.
The fund seeks daily investment results, before fees and expenses, equal to 200% of the performance of Broadcom Inc. common shares.
Why people hold it
- Does exactly the one thing it advertises: 200% of Broadcom's daily move, before fees, and it has stayed very close to that daily target.
- The 1.01% fee sits right at the median for 2x AVGO funds, undercutting AVGX at 1.30% and AVGU at 1.51%.
- Actively traded for a single-stock leveraged fund, so getting in and out is rarely the hard part.
- Direxion lists a bear version of the same trade alongside it, so both directions of Broadcom live in one product family.direxion.com
Worth knowing
- The leverage resets every day. Over longer holds, choppy stretches in AVGO can leave results well short of twice the stock's move for that span.
- One stock, doubled. Broadcom headlines are the entire story here, with no other holdings to soften them.
- Cheaper wrappers for the same 2x AVGO exposure exist: AVGG charges 0.75%.
AVL Holdings
- Stocks
- —
- 100%
- AVGO SWAP ASSET LEG (AVGOGSL)
Sectors
- Technology100.0%
Geography
- United States100.00%
AVL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | AVL |
|---|---|
| Year to date | −11.3% |
| 1 month | −3.9% |
| 3 months | −19.6% |
| 1 year | −15.9% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | AVL |
|---|---|---|
| 2026 YTD | −11.3% | |
| 2025 | +53.4% | |
| 2024 | +39.9% |
AVL in the news
ETF.net Research hasn’t filed on AVL yet — coverage lands here as it’s written.
AVL Dividends
- 33.47%
- $12.94
- $0.20 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 23, 2026 | Jun 30, 2026 | $0.20 |
| Mar 24, 2026 | Mar 31, 2026 | $0.26 |
| Dec 23, 2025 | Dec 31, 2025 | $0.16 |
| Dec 10, 2025 | Dec 17, 2025 | $12.18 |
| Sep 23, 2025 | Sep 30, 2025 | $0.14 |
| Jun 24, 2025 | Jul 1, 2025 | $0.19 |
| Mar 25, 2025 | Apr 1, 2025 | $0.13 |
| Dec 23, 2024 | Dec 31, 2024 | $0.08 |
AVL 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.
- 113.2%
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.
- 0.84
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.
- −70.6%
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.
- 4.08
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
AVL Cost
- The middle half of 2x Long Broadcom (AVGO) funds
- Median 1.00%
3 of the 6 2x Long Broadcom (AVGO) funds charge less.