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AVGU vs AVL

GraniteShares 2x Long AVGO Daily ETF

AVGUCNasdaq

Direxion Daily AVGO Bull 2X Shares

AVLBNasdaq

Overlap

Expense ratio

AVL −0.66pt a year

AVGU1.66%AVL1.00%

Avg volume · 30D

AVL 5.8×the volume

AVGU149KAVL865K

AVGU vs AVL Performance

Oct 31, 2025 – Oct 30, 2026

−43.9%AVGU−43.2%AVL

Oct 31, 2025 to Oct 30, 2026. AVGU −43.9%. AVL −43.2%. Use the arrow keys to read each point.−20%0%20%40%Oct 2025Apr 2026Oct 2026
Expense ratio
AVGU 1.66%
AVL 1.00%, better
Fund size
AVGU $36M
AVL $260M
1Y total return
AVGU −43.9%
AVL −43.2%, better
Yield (12M)
AVGU No data
AVL 43.47%
Holdings
AVGU 2
AVL 9
Avg volume (30D)
AVGU 149K sh
AVL 865K sh, better
NAV per share
AVGU $26.35
AVL $33.68
52W range

ETF.net Grade

AVGU: Cost 10, Risk 45, Mission 96, Tradability 64, Holdings not scored, Durability 41. AVL: Cost 50, Risk 54, Mission 98, Tradability 62, Holdings not scored, Durability 77.
Pillar letters and Scores for AVGU, AVL, with each pillar’s weight
PillarAVGUAVL
Cost30% weightF10C50Higher
Mission25% weightA96A98Higher
Risk15% weightC45C54Higher
Tradability15% weightB64HigherB62
Holdings10% weightNot scoredNot scored
Durability5% weightC41A77Higher

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 AVL 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 ›

AVL ranks 2nd 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

AVLBDirexion Daily AVGO Bull 2X Shares

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.

AVL A 2x dial on a single stock: AVL aims for 200% of Broadcom's daily move, reset every night. Direxion's version of the AVGO leverage trade, and one of the closer-tracking builds in a now-crowded field.

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.

AVL 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

  • 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
  • AVL Does exactly what the label says: the fund seeks 200% of Broadcom's daily share-price move before fees, and it has stayed close to that stated daily target.direxion.com
  • Fee is 1.00% net of a waiver through September 1, 2027, against 1.01% gross, which sits near the median for 2x Broadcom funds.
  • Actively traded, which matters for a vehicle designed to be entered and exited in day-size pieces rather than parked.
  • Among the stronger implementations in its small group of 2x Broadcom funds, from a shop that has run daily-reset leverage for years.

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.
  • AVL Leverage resets daily. Hold past one session and returns compound, so a choppy stretch in AVGO can leave you well off 2x the period's move, in either direction.direxion.com
  • AVGG runs the same 2x Broadcom mandate at 0.76% with no waiver attached, so cost is the clearest trade-off here.
  • One stock, one sector, no diversification cushion. The fund launched in 2024, so its track record is short.

Full AVGU profile⁠

Full AVL profile⁠

AVGU vs AVL 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 AVL Cost

Overpaying AVGU vs AVL

$9,813

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

  • AVGU 1.66%

    $28,501

  • AVL 1.00%

    $18,688

$10,000
30 years

Cost over time

  • AVGU 1.66%
  • AVL 1.00%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$10K$20K$30K051015202530AVGU $28,501AVL $18,688

Year by year

YearAVGUAVLOverpaying
10$2,847$1,763$1,084
20$10,392$6,625$3,767
30$28,501$18,688$9,813

Expense ratio

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

AVL 3rd cheapest of 6 funds

AVGU 6th cheapest of 6 funds

AVGU vs AVL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVGU No data
AVL 43.47%
Payout (12M)
AVGU None
AVL $12.99
Last payment
AVGU No data
AVL $0.20
Ex-dividend
AVGU No data
AVL Sep 22, 2026
Paid on
AVGU No data
AVL Sep 29, 2026
Frequency
AVGU No data
AVL Quarterly

Distribution history

Per share, 2024 to 2026, same scale for both

AVGUAll AVGU payments⁠

No distribution history available.

AVLQuarterly · 9 paymentsAll AVL payments⁠
One bar per payment. 9 payments from 2024 to 2026 YTD. Dec 23, 2024 $0.08; Mar 25, 2025 $0.13; Jun 24, 2025 $0.19; Sep 23, 2025 $0.14; Dec 10, 2025 $12.18; Dec 23, 2025 $0.16; Mar 24, 2026 $0.26; Jun 23, 2026 $0.20; Sep 22, 2026 $0.20. Use the arrow keys to read each point.$0$102026YTD

AVGU vs AVL 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 2025AVL 110.4%since Nov 2024
Return per unit of riskSharpe ratio, 3 years
AVGU 0.16since Aug 2025AVL 0.66since Nov 2024
Worst fallMax drawdown, 5 years
AVGU −61.7%since Jul 2025AVL −70.6%since Oct 2024
Market sensitivityBeta, 5 years
AVGU 5.94AVL 4.08

AVGU and AVL in the news

All news⁠

Popular comparisons

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