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AVGG vs AVGX

Leverage Shares 2X Long AVGO Daily ETF

AVGGANasdaq

Daily Target 2X Long AVGO ETF

AVGXBNasdaq

Overlap

0.0%by weight

Expense ratio

AVGG −0.55pt a year

AVGG0.76%AVGX1.31%

Avg volume · 30D

AVGX 2.4×the volume

AVGG279KAVGX658K

AVGG vs AVGX Performance

Oct 31, 2025 – Oct 30, 2026

−44.0%AVGG−44.6%AVGX

Oct 31, 2025 to Oct 30, 2026. AVGG −44.0%. AVGX −44.6%. Use the arrow keys to read each point.−20%0%20%40%Oct 2025Apr 2026Oct 2026
Expense ratio
AVGG 0.76%, better
AVGX 1.31%
Fund size
AVGG $49M
AVGX $157M
1Y total return
AVGG −44.0%, better
AVGX −44.6%
Yield (12M)
AVGG No data
AVGX 2.45%
Holdings
AVGG 4
AVGX 9
Avg volume (30D)
AVGG 279K sh
AVGX 658K sh, better
NAV per share
AVGG $18.40
AVGX $31.62
52W range

ETF.net Grade

AVGG: Cost 74, Risk 46, Mission 94, Tradability 66, Holdings not scored, Durability 49. AVGX: Cost 27, Risk 41, Mission 98, Tradability 73, Holdings not scored, Durability 69.
Pillar letters and Scores for AVGG, AVGX, with each pillar’s weight
PillarAVGGAVGX
Cost30% weightA74HigherD27
Mission25% weightA94A98Higher
Risk15% weightC46HigherC41
Tradability15% weightB66A73Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC49B69Higher

Rank among 2x Long Broadcom (AVGO) funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. AVGG and AVGX are both graded against the same 6 2x Long Broadcom (AVGO) funds, so their Grades compare head to head.

2x Long Broadcom (AVGO)⁠

Category · 6 funds
See all 6 ›

AVGG ranks 1st and AVGX 4th of 6 funds in the 2x Long Broadcom (AVGO) Category.

  1. Rank 1AAVGGLeverage Shares 2X Long AVGO Daily ETFScore 72
  2. Rank 2BAVLDirexion Daily AVGO Bull 2X SharesScore 67
  3. Rank 3BAVGWRoundhill AVGO WeeklyPay ETFScore 64
  4. Rank 4BAVGXDaily Target 2X Long AVGO ETFScore 59
  5. Rank 5CAVGUGraniteShares 2x Long AVGO Daily ETFScore 50

Our read on each fund

ETF.net Research

AVGGALeverage Shares 2X Long AVGO Daily ETF

AVGXBDaily Target 2X Long AVGO ETF

In short

AVGG Half a dozen funds chase a geared Broadcom trade. AVGG aims for 200% of AVGO's daily move for 0.76% a year, the lowest fee in that crowd, with the leverage reset every single day.

AVGX The original 2x Broadcom trade. Defiance listed AVGX in August 2024, ahead of the copycats, and it aims to deliver two times AVGO's daily move, reset every single day, for 1.31%.

Stated mandate

AVGG The fund seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of Broadcom Inc. stock.

AVGX The fund seeks daily investment results equal to two times the daily percentage change in Broadcom Inc.'s share price.

Why people hold it

  • AVGG Cheapest seat for the same trade: 0.76% a year, against 1.00% at AVL (net of a waiver through September 1, 2027) and AVGW, 1.31% at AVGX, 1.51% at AVGU.
  • Day to day it has hugged its 200% target closely, and it stands among the stronger implementations of the AVGO 2x idea.
  • The fund does the borrowing, not you: total return swaps, futures and options inside a Nasdaq-listed wrapper, no margin account, and no debt beyond your invested amount.leverageshares.com
  • AVGX First mover in its lane: AVGX listed in August 2024, before the Direxion, Leverage Shares and GraniteShares 2x AVGO funds arrived.stockanalysis.comstockanalysis.com 2graniteshares.com
  • It hits its mark. Day to day the fund has tracked the stated two times AVGO move closely, which is the entire job of a daily leveraged product.
  • Volume is healthy for a single-stock leveraged fund, so getting in and back out is rarely the hard part of the trade.

Worth knowing

  • AVGG Daily reset, daily compounding. Over periods longer than one day, results can drift from 2x AVGO's move, and the fund can lose money even if AVGO ends higher.leverageshares.comleverageshares.com 2
  • One stock, doubled: if AVGO fell more than 50% in a single trading day, an investor could lose the full principal value of the investment.leverageshares.com
  • The issuer frames it as an intraday-to-daily trading tool, so it asks for attention rather than a drawer. Launched 2025, so its record is short.leverageshares.com
  • AVGX Pricier seat: 1.31% versus 0.76% for AVGG and 1.00% for AVL (net of a waiver through September 1, 2027), though GraniteShares' AVGU runs 1.51%.
  • The 2x target resets daily. Hold through a choppy stretch in AVGO and your return can land well away from twice the stock's move.defianceetfs.com
  • One stock, doubled: Broadcom's swings arrive magnified, and cash distributions show up only once or twice a year.

Full AVGG profile⁠

Full AVGX profile⁠

AVGG vs AVGX Holdings

How AVGG and AVGX differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of AVGG and 0.0% of AVGX.

Level by level

  • Asset classEquity, Leveraged/Inverse0.0%
  • Holdings0 in both0.0%
  • Countryby domicile100%

Sector

No Sector split for AVGG and AVGX.

Country, concentration and asset class

Country by domicile

Country weights in AVGG and AVGX, widest gap first
CountryMore in AVGGMore in AVGX
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • AVGG213.1%
  • AVGX298.6%

Securities held

  • AVGG1
  • AVGX2

Asset class

AVGG
Equity
AVGX
Leveraged/Inverse

Holdings

  • Only in AVGG1
  • In both0
  • Only in AVGX2

Only in AVGG

1 security, 13.1% of AVGG by weight

  • First American Treasury Obligations Fund 01/01/204013.08%

Only in AVGX

2 securities, 98.5% of AVGX by weight

  • United States Treasury Bill 11/19/202696.67%
  • First American Government Obligations Fund 12/01/20311.80%

Weight gaps

AVGG and AVGX share no securities.

All 4 AVGG holdings⁠All 10 AVGX holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

AVGG vs AVGX Cost

Overpaying AVGX vs AVGG

$8,863

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

  • AVGG 0.76%

    $14,656

  • AVGX 1.31%

    $23,519

$10,000
30 years

Cost over time

  • AVGG 0.76%
  • AVGX 1.31%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K$25K051015202530AVGX $23,519AVGG $14,656

Year by year

YearAVGGAVGXOverpaying
10$1,353$2,280$927
20$5,142$8,450$3,308
30$14,656$23,519$8,863

Expense ratio

  • 0.76%AVGG, cheaper
  • 1.31%AVGX
  • Middle half of 2x Long Broadcom (AVGO) funds
  • Median 1.00%

AVGG 2nd cheapest of 6 funds

AVGX 5th cheapest of 6 funds

AVGG vs AVGX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVGG No data
AVGX 2.45%
Payout (12M)
AVGG No data
AVGX $0.78
Last payment
AVGG $0.61
AVGX $0.78
Ex-dividend
AVGG Dec 30, 2025
AVGX Dec 30, 2025
Paid on
AVGG Jan 2, 2026
AVGX Dec 31, 2025
Frequency
AVGG Irregular
AVGX Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

AVGGIrregular · 1 paymentAll AVGG payments⁠
One bar per payment. 1 payment from 2024 to 2026 YTD. Dec 30, 2025 $0.61. Use the arrow keys to read each point.$0$0.502026YTD
AVGXIrregular · 2 paymentsAll AVGX payments⁠
One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 31, 2024 $0.26; Dec 30, 2025 $0.78. Use the arrow keys to read each point.$0$0.502026YTD

AVGG vs AVGX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVGG 88.9%since Jun 2025AVGX 104.9%since Sep 2024
Return per unit of riskSharpe ratio, 3 years
AVGG 0.44since Jun 2025AVGX 0.61since Sep 2024
Worst fallMax drawdown, 5 years
AVGG −61.3%since May 2025AVGX −71.0%since Aug 2024
Market sensitivityBeta, 5 years
AVGG 6.16AVGX 4.05

Popular comparisons

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    Expense ratio
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    Category
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    Category
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