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AVGX vs AVL

Daily Target 2X Long AVGO ETF

AVGXBNasdaq

Direxion Daily AVGO Bull 2X Shares

AVLBNasdaq

Overlap

Expense ratio

AVL −0.31pt a year

AVGX1.31%AVL1.00%

Avg volume · 30D

AVL 1.3×the volume

AVGX658KAVL865K

AVGX vs AVL Performance

Oct 31, 2025 – Oct 30, 2026

−44.6%AVGX−43.2%AVL

Oct 31, 2025 to Oct 30, 2026. AVGX −44.6%. AVL −43.2%. Use the arrow keys to read each point.−20%0%20%40%Oct 2025Apr 2026Oct 2026
Expense ratio
AVGX 1.31%
AVL 1.00%, better
Fund size
AVGX $157M
AVL $260M
1Y total return
AVGX −44.6%
AVL −43.2%, better
Yield (12M)
AVGX 2.45%
AVL 43.47%, better
Holdings
AVGX 9
AVL 9
Avg volume (30D)
AVGX 658K sh
AVL 865K sh, better
NAV per share
AVGX $31.62
AVL $33.68
52W range

ETF.net Grade

AVGX: Cost 27, Risk 41, Mission 98, Tradability 73, Holdings not scored, Durability 69. AVL: Cost 50, Risk 54, Mission 98, Tradability 62, Holdings not scored, Durability 77.
Pillar letters and Scores for AVGX, AVL, with each pillar’s weight
PillarAVGXAVL
Cost30% weightD27C50Higher
Mission25% weightA98A98
Risk15% weightC41C54Higher
Tradability15% weightA73HigherB62
Holdings10% weightNot scoredNot scored
Durability5% weightB69A77Higher

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. AVGX 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 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

AVGXBDaily Target 2X Long AVGO ETF

AVLBDirexion Daily AVGO Bull 2X Shares

In short

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%.

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

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

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

  • 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.
  • 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

  • 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.
  • 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 AVGX profile⁠

Full AVL profile⁠

AVGX 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.

AVGX vs AVL Cost

Overpaying AVGX vs AVL

$4,831

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

  • AVGX 1.31%

    $23,519

  • AVL 1.00%

    $18,688

$10,000
30 years

Cost over time

  • AVGX 1.31%
  • AVL 1.00%
  • 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 $23,519AVL $18,688

Year by year

YearAVGXAVLOverpaying
10$2,280$1,763$517
20$8,450$6,625$1,825
30$23,519$18,688$4,831

Expense ratio

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

AVL 3rd cheapest of 6 funds

AVGX 5th cheapest of 6 funds

AVGX vs AVL Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVGX 2.45%
AVL 43.47%, better
Payout (12M)
AVGX $0.78
AVL $12.99
Last payment
AVGX $0.78
AVL $0.20
Ex-dividend
AVGX Dec 30, 2025
AVL Sep 22, 2026
Paid on
AVGX Dec 31, 2025
AVL Sep 29, 2026
Frequency
AVGX Irregular
AVL Quarterly

Distribution history

Per share, 2024 to 2026, same scale for both

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$102026YTD
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

AVGX vs AVL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVGX 104.9%since Sep 2024AVL 110.4%since Nov 2024
Return per unit of riskSharpe ratio, 3 years
AVGX 0.61since Sep 2024AVL 0.66since Nov 2024
Worst fallMax drawdown, 5 years
AVGX −71.0%since Aug 2024AVL −70.6%since Oct 2024
Market sensitivityBeta, 5 years
AVGX 4.05AVL 4.08

AVGX and AVL in the news

All news⁠

Popular comparisons

  • AVGXBvsAVGGA

    Daily Target 2X Long AVGO ETF · Leverage Shares 2X Long AVGO Daily ETF

    Expense ratio
    1.31% · 0.76%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AVLBvsAVGGA

    Direxion Daily AVGO Bull 2X Shares · Leverage Shares 2X Long AVGO Daily ETF

    Expense ratio
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    Category
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  • AVGXBvsAVGWB

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    Expense ratio
    1.31% · 1.00%
    Category
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  • AVLBvsAVGWB

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    Expense ratio
    1.00% · 1.00%
    Category
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  • AVGXBvsAVGUC

    Daily Target 2X Long AVGO ETF · GraniteShares 2x Long AVGO Daily ETF

    Expense ratio
    1.31% · 1.66%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

  • AVLBvsAVGUC

    Direxion Daily AVGO Bull 2X Shares · GraniteShares 2x Long AVGO Daily ETF

    Expense ratio
    1.00% · 1.66%
    Category
    Same Category. Both funds are graded against the same funds, so their Grades compare head to head.