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AVGW vs AVL

Roundhill AVGO WeeklyPay ETF

AVGWBCboe

Direxion Daily AVGO Bull 2X Shares

AVLBNasdaq

Overlap

Expense ratio

Same figure. Both funds show the same value, so neither comes out ahead.

AVGW1.00%AVL1.00%

Avg volume · 30D

AVL 33.1×the volume

AVGW26.2KAVL865K

AVGW vs AVL Performance

Oct 31, 2025 – Oct 30, 2026

−18.7%AVGW−43.2%AVL

Oct 31, 2025 to Oct 30, 2026. AVGW −18.7%. AVL −43.2%. Use the arrow keys to read each point.0%20%40%Oct 2025Apr 2026Oct 2026
Expense ratio
AVGW 1.00%
AVL 1.00%
Fund size
AVGW $44M
AVL $260M
1Y total return
AVGW −18.7%, better
AVL −43.2%
Yield (12M)
AVGW 76.35%, better
AVL 43.47%
Holdings
AVGW 4
AVL 9
Avg volume (30D)
AVGW 26.2K sh
AVL 865K sh, better
NAV per share
AVGW $28.33
AVL $33.68
52W range

ETF.net Grade

AVGW: Cost 50, Risk 77, Mission 93, Tradability 37, Holdings 20, Durability 53. AVL: Cost 50, Risk 54, Mission 98, Tradability 62, Holdings not scored, Durability 77.
Pillar letters and Scores for AVGW, AVL, with each pillar’s weight
PillarAVGWAVL
Cost30% weightC50C50
Mission25% weightA93A98Higher
Risk15% weightA77HigherC54
Tradability15% weightD37B62Higher
Holdings10% weightF20Not scored
Durability5% weightC53A77Higher

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. AVGW 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 AVGW 3rd 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

Our read on each fund

ETF.net Research

AVGWBRoundhill AVGO WeeklyPay ETF

AVLBDirexion Daily AVGO Bull 2X Shares

In short

AVGW The rest of the AVGO leverage shelf chases 2x with a daily reset. AVGW dials the multiple down to 1.2x, resets on the calendar week, and exists to cut a weekly check. Broadcom exposure with a paycheck bolted on, for 1.00%.

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

AVGW The Fund seeks to pay weekly distributions and deliver calendar-week returns, before fees and expenses, equal to 1.2 times the calendar-week total return of Broadcom Inc. common shares.

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

  • AVGW Built around the payout: its stated job is weekly distributions, funded by 1.2x exposure to Broadcom's calendar-week total return. No other AVGO leverage fund is wired that way.sec.gov
  • The leverage resets weekly, not daily. Compounding gets measured once per calendar week rather than every session, a different ride from the 2x daily peers in the group.sec.gov
  • Does what it advertises: calendar-week results have hugged the stated 1.2x mandate closely, and it sits in the upper half of the AVGO leveraged bull group.
  • 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

  • AVGW The weekly payout floats. A formula using AVGO's recent total return and implied volatility sets it, and the adviser expects much of it to be return of capital.roundhillinvestments.com
  • 1.00% with no fee waiver, near the typical fee for AVGO leverage funds. AVGG charges 0.76%; AVL is 1.00% net of a waiver through September 1, 2027.
  • Leverage cuts both ways: the prospectus warns you can lose the full value of your investment within a single week. Launched in 2025, so the track record is short.sec.gov
  • 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 AVGW profile⁠

Full AVL profile⁠

AVGW 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.

AVGW vs AVL Cost

Same expense ratio

$18,688

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

  • AVGW 1.00%

    $18,688

  • AVL 1.00%

    $18,688

$10,000
30 years

Cost over time

  • AVGW 1.00%
  • AVL 1.00%
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530AVGW $18,688AVL $18,688

Year by year

YearAVGWAVL
10$1,763$1,763
20$6,625$6,625
30$18,688$18,688

Expense ratio

  • 1.00%AVGW
  • 1.00%AVL
  • Middle half of 2x Long Broadcom (AVGO) funds
  • Median 1.00%

AVGW 3rd cheapest of 6 funds

AVL 3rd cheapest of 6 funds

AVGW vs AVL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVGW 76.35%, better
AVL 43.47%
Payout (12M)
AVGW $21.66
AVL $12.99
Last payment
AVGW $0.10
AVL $0.20
Ex-dividend
AVGW Oct 26, 2026
AVL Sep 22, 2026
Paid on
AVGW Oct 27, 2026
AVL Sep 29, 2026
Frequency
AVGW Weekly
AVL Quarterly

Distribution history

Per share, 2026, same scale for both

AVGWWeekly · 43 paymentsAll AVGW payments⁠
One bar per payment. 43 payments in 2026 YTD. Jan 5, 2026 $0.60; Jan 12, 2026 $0.41; Jan 20, 2026 $0.41; Jan 26, 2026 $0.49; Feb 2, 2026 $0.21; Feb 9, 2026 $0.50; Feb 17, 2026 $0.45; Feb 23, 2026 $0.38; Mar 2, 2026 $0.47; Mar 9, 2026 $0.33; Mar 16, 2026 $0.49; Mar 23, 2026 $0.34; Mar 30, 2026 $0.29; Apr 6, 2026 $0.30; Apr 13, 2026 $0.44; Apr 20, 2026 $0.56; Apr 27, 2026 $0.59; May 4, 2026 $0.59; May 11, 2026 $0.44; May 18, 2026 $0.53; May 26, 2026 $0.45; Jun 1, 2026 $0.38; Jun 8, 2026 $0.70; Jun 15, 2026 $0.14; Jun 22, 2026 $0.38; Jun 29, 2026 $0.60; Jul 6, 2026 $0.16; Jul 13, 2026 $0.35; Jul 20, 2026 $0.57; Jul 27, 2026 $0.25; Aug 3, 2026 $0.45; Aug 10, 2026 $0.43; Aug 17, 2026 $0.54; Aug 24, 2026 $0.18; Aug 31, 2026 $0.20; Sep 8, 2026 $0.31; Sep 14, 2026 $0.21; Sep 21, 2026 $0.28; Sep 28, 2026 $0.24; Oct 5, 2026 $0.24; Oct 13, 2026 $0.26; Oct 19, 2026 $0.29; Oct 26, 2026 $0.10. Use the arrow keys to read each point.$0$0.502026YTD
AVLQuarterly · 3 paymentsAll AVL payments⁠
One bar per payment. 3 payments in 2026 YTD. Mar 24, 2026 $0.26; Jun 23, 2026 $0.20; Sep 22, 2026 $0.20. Use the arrow keys to read each point.$0$0.502026YTD

AVGW vs AVL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVGW 52.4%since Aug 2025AVL 110.4%since Nov 2024
Return per unit of riskSharpe ratio, 3 years
AVGW 0.23since Aug 2025AVL 0.66since Nov 2024
Worst fallMax drawdown, 5 years
AVGW −40.0%since Jul 2025AVL −70.6%since Oct 2024
Market sensitivityBeta, 5 years
AVGW 3.21AVL 4.08

AVGW and AVL in the news

All news⁠

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