Direxion Daily AVGO Bull 2X Shares
BThis 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.
$36.67+0.57 (+1.58%)
- 1.01%
- $290M
- −13.0%
- 35.99%
- 0.9M sh
- $37.55
- low $28.95high $80.21
The ETF.net AVL Grade
B
Score 64 out of 100
- 3 of 6
Score 64 of 100 falls in the B 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.C43 out of 100Rank 4 of 6Mission
Whether the fund did what it promised, tested against its stated mandate.A97 out of 100Rank 2 of 5Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C47 out of 100Rank 3 of 6Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B63 out of 100Rank 3 of 6Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A77 out of 100Rank 1 of 6
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
- 10
- 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.
Not enough history yet.Not enough history yet.Not enough history yet.
AVL$8,703
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.
| Period | AVL |
|---|---|
| Year to date | −16.7% |
| 1 month | −5.6% |
| 3 months | −26.1% |
| 1 year | −13.0% |
| 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 | −16.7% | |
| 2025 | +53.4% | |
| 2024 | +39.9% |
AVL in the news
AVL Dividends
- 35.99%
- $12.99
- $0.20 per share
- Quarterly
Distribution history
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.
- 111.5%
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.
- 0.76
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
1.01%
AVL1.01%
- The middle half of 2x Long Broadcom (AVGO) funds
- Median 1.00%
3 of the 6 2x Long Broadcom (AVGO) funds charge less.
Other funds in 2x Long Broadcom (AVGO)
- AAVGGLeverage Shares 2X Long AVGO Daily ETFExpense ratio 0.75%1 year return −14.2%
- BAVGWRoundhill Investments - AVGO WeeklyPay ETFExpense ratio 1.00%1 year return +5.0%
- BAVGXDaily Target 2X Long AVGO ETFExpense ratio 1.31%1 year return −15.3%
- CAVGUGraniteShares 2x Long AVGO Daily ETFExpense ratio 1.51%1 year return −13.7%
- CAVGCCorgi ETF Trust I - Corgi AVGO 2x Daily ETFExpense ratio 0.45%1 year return —