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AVGU vs AVGX

GraniteShares 2x Long AVGO Daily ETF

AVGUCNasdaq

Daily Target 2X Long AVGO ETF

AVGXBNasdaq

Overlap

0.0%by weight

Expense ratio

AVGX −0.35pt a year

AVGU1.66%AVGX1.31%

Avg volume · 30D

AVGX 4.4×the volume

AVGU149KAVGX658K

AVGU vs AVGX Performance

Oct 31, 2025 – Oct 30, 2026

−43.9%AVGU−44.6%AVGX

Oct 31, 2025 to Oct 30, 2026. AVGU −43.9%. AVGX −44.6%. Use the arrow keys to read each point.−20%0%20%40%Oct 2025Apr 2026Oct 2026
Expense ratio
AVGU 1.66%
AVGX 1.31%, better
Fund size
AVGU $36M
AVGX $157M
1Y total return
AVGU −43.9%, better
AVGX −44.6%
Yield (12M)
AVGU No data
AVGX 2.45%
Holdings
AVGU 2
AVGX 9
Avg volume (30D)
AVGU 149K sh
AVGX 658K sh, better
NAV per share
AVGU $26.35
AVGX $31.62
52W range

ETF.net Grade

AVGU: Cost 10, Risk 45, Mission 96, Tradability 64, Holdings not scored, Durability 41. AVGX: Cost 27, Risk 41, Mission 98, Tradability 73, Holdings not scored, Durability 69.
Pillar letters and Scores for AVGU, AVGX, with each pillar’s weight
PillarAVGUAVGX
Cost30% weightF10D27Higher
Mission25% weightA96A98Higher
Risk15% weightC45HigherC41
Tradability15% weightB64A73Higher
Holdings10% weightNot scoredNot scored
Durability5% weightC41B69Higher

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. AVGU 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 ›

AVGX ranks 4th and AVGU 5th 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
  6. Rank 6CAVGCCorgi AVGO 2x Daily ETFScore 40

Our read on each fund

ETF.net Research

AVGUCGraniteShares 2x Long AVGO Daily ETF

AVGXBDaily Target 2X Long AVGO ETF

In short

AVGU Five 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.

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

AVGU 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.

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

  • AVGU 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
  • 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

  • AVGU 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.
  • 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 AVGU profile⁠

Full AVGX profile⁠

AVGU vs AVGX Holdings

How AVGU and AVGX differ

Overlap by weight

0.0%

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

Level by level

  • Holdings0 in both0.0%
  • Asset classLeveraged/Inverse100%
  • Countryby domicile100%

Sector

No Sector split for AVGU and AVGX.

Country, concentration and asset class

Country by domicile

Country weights in AVGU and AVGX, widest gap first
CountryMore in AVGUMore in AVGX
United StatesSame weight

Concentration

Weight in the 10 largest Holdings

  • AVGU100.0%
  • AVGX298.6%

Securities held

  • AVGU1
  • AVGX2

Asset class

AVGU
Leveraged/Inverse
AVGX
Leveraged/Inverse

Holdings

  • Only in AVGU1
  • In both0
  • Only in AVGX2

Only in AVGU

1 security, 66.7% of AVGU by weight

  • Avgo66.65%

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

AVGU and AVGX share no securities.

All AVGU 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.

AVGU vs AVGX Cost

Overpaying AVGU vs AVGX

$4,982

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

  • AVGU 1.66%

    $28,501

  • AVGX 1.31%

    $23,519

$10,000
30 years

Cost over time

  • AVGU 1.66%
  • AVGX 1.31%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530AVGU $28,501AVGX $23,519

Year by year

YearAVGUAVGXOverpaying
10$2,847$2,280$567
20$10,392$8,450$1,942
30$28,501$23,519$4,982

Expense ratio

  • 1.66%AVGU
  • 1.31%AVGX, cheaper
  • Middle half of 2x Long Broadcom (AVGO) funds
  • Median 1.00%

AVGX 5th cheapest of 6 funds

AVGU 6th cheapest of 6 funds

AVGU vs AVGX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVGU No data
AVGX 2.45%
Payout (12M)
AVGU None
AVGX $0.78
Last payment
AVGU No data
AVGX $0.78
Ex-dividend
AVGU No data
AVGX Dec 30, 2025
Paid on
AVGU No data
AVGX Dec 31, 2025
Frequency
AVGU No data
AVGX Irregular

Distribution history

Per share, 2024 to 2026, same scale for both

AVGUAll AVGU payments⁠

No distribution history available.

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

AVGU vs AVGX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVGU 92.0%since Aug 2025AVGX 104.9%since Sep 2024
Return per unit of riskSharpe ratio, 3 years
AVGU 0.16since Aug 2025AVGX 0.61since Sep 2024
Worst fallMax drawdown, 5 years
AVGU −61.7%since Jul 2025AVGX −71.0%since Aug 2024
Market sensitivityBeta, 5 years
AVGU 5.94AVGX 4.05

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