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AVS vs SKHZ

Direxion Daily AVGO Bear 1X Shares

AVSANasdaq

Leverage Shares 1X Short SK Hynix Daily ETF

SKHZACboe

Overlap

Expense ratio

SKHZ −0.28pt a year

AVS1.03%SKHZ0.75%

Avg volume · 30D

AVS 6.2×the volume

AVS11.7MSKHZ1.9M

AVS vs SKHZ Performance

Jul 31, 2026 – Oct 30, 2026

+16.6%AVS−15.5%SKHZ

Jul 31, 2026 to Oct 30, 2026. AVS +16.6%. SKHZ −15.5%. Use the arrow keys to read each point.−30%0%10%Jul 2026Sep 2026Oct 2026
Expense ratio
AVS 1.03%
SKHZ 0.75%, better
Fund size
AVS $20M
SKHZ $4M
1Y total return
AVS −2.9%
SKHZ No data
Yield (12M)
AVS 3.07%
SKHZ No data
Holdings
AVS 4
SKHZ 2
Avg volume (30D)
AVS 11.7M sh, better
SKHZ 1.9M sh
NAV per share
AVS $8.32
SKHZ $11.21
52W range

ETF.net Grade

AVS: Cost 69, Risk 72, Mission 100, Tradability 75, Holdings not scored, Durability 68. SKHZ: Cost 100, Risk 75, Mission not scored, Tradability 71, Holdings not scored, Durability 20.
Pillar letters and Scores for AVS, SKHZ, with each pillar’s weight
PillarAVSSKHZ
Cost30% weightB69A100Higher
Mission25% weightA100Not scored
Risk15% weightA72A75Higher
Tradability15% weightA75HigherA71
Holdings10% weightNot scoredNot scored
Durability5% weightB68HigherF20

Rank among Single-Stock Inverse funds

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

Same Category. AVS and SKHZ are both graded against the same 43 Single-Stock Inverse funds, so their Grades compare head to head.

Single-Stock Inverse⁠

Category · 43 funds
See all 43 ›

SKHZ ranks 3rd and AVS 7th of 43 funds in the Single-Stock Inverse Category.

  1. Rank 1AAAPDDirexion Daily AAPL Bear 1X ETFScore 86
  2. Rank 2ATSDDGraniteShares 2x Short TSLA Daily ETFScore 84
  3. Rank 3ASKHZLeverage Shares 1X Short SK Hynix Daily ETFScore 81
  4. Rank 3ATSLSDirexion Daily TSLA Bear 1X ETFScore 81
  5. Rank 5APLTDDirexion Daily PLTR Bear 1X ETFScore 80
  6. Rank 7AAVSDirexion Daily AVGO Bear 1X SharesScore 79
  7. Rank 8AGGLSDirexion Daily GOOGL Bear 1X ETFScore 77

Our read on each fund

ETF.net Research

AVSADirexion Daily AVGO Bear 1X Shares

SKHZALeverage Shares 1X Short SK Hynix Daily ETF

In short

AVS A one-ticker short on Broadcom. AVS aims for -100% of AVGO's daily move, no margin account or borrowed shares involved, at 1.03% net of a waiver through September 1, 2027.

SKHZ No data

Stated mandate

AVS The fund seeks daily investment results equal to 100% of the inverse performance of Broadcom Inc.'s common shares, before fees and expenses.

SKHZ No data

Why people hold it

  • AVS Straight inverse, not amplified: the fund targets -100% of Broadcom's daily move, the mirror image of one day's trade with no leverage multiplier stacked on top.direxion.com
  • Betting against AVGO the old way means a margin account and borrowed shares. This is one ticker in a standard brokerage account, with exposure limited to what you put in.direxion.com
  • 1.03% net of a waiver through September 1, 2027 (1.21% gross), which lands below the median fee for leveraged and inverse single-stock funds.
  • One of the most heavily traded names in its category, and it hits its stated daily target with very little slippage, among the tighter implementations in the peer group.

SKHZ No data

Worth knowing

  • AVS The target resets every day. Hold longer and compounding takes over, so results over a week or a month can differ from -100% of AVGO's move over that same stretch.direxion.com
  • Everything rides on one semiconductor stock. No basket, no diversification, so an AVGO rally hits the fund directly.
  • Cheaper 1x inverse options exist, including TSLS at 0.95% and SKHZ at 0.75%, and AVS prices toward 1.21% gross if the waiver lapses after September 1, 2027.

SKHZ No data

Full AVS profile⁠

Full SKHZ profile⁠

AVS vs SKHZ 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.

AVS vs SKHZ Cost

Overpaying AVS vs SKHZ

$4,691

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

  • AVS 1.03%

    $19,173

  • SKHZ 0.75%

    $14,482

$10,000
30 years

Cost over time

  • AVS 1.03%
  • SKHZ 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K$20K051015202530AVS $19,173SKHZ $14,482

Year by year

YearAVSSKHZOverpaying
10$1,814$1,336$478
20$6,807$5,078$1,729
30$19,173$14,482$4,691

Expense ratio

  • 1.03%AVS
  • 0.75%SKHZ, cheaper
  • Middle half of Single-Stock Inverse funds
  • Median 1.05%

SKHZ cheapest of 43 funds

AVS 18th cheapest of 43 funds

AVS vs SKHZ Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
AVS 3.07%
SKHZ No data
Payout (12M)
AVS $0.27
SKHZ None
Last payment
AVS $0.04
SKHZ No data
Ex-dividend
AVS Sep 22, 2026
SKHZ No data
Paid on
AVS Sep 29, 2026
SKHZ No data
Frequency
AVS Quarterly
SKHZ No data

Distribution history

Per share, 2024 to 2026, same scale for both

AVSQuarterly · 9 paymentsAll AVS payments⁠
One bar per payment. 9 payments from 2024 to 2026 YTD. Dec 12, 2024 $0.44; Dec 23, 2024 $0.07; Mar 25, 2025 $0.17; Jun 24, 2025 $0.05; Sep 23, 2025 $0.05; Dec 23, 2025 $0.13; Mar 24, 2026 $0.06; Jun 23, 2026 $0.04; Sep 22, 2026 $0.04. Use the arrow keys to read each point.$0$0.502026YTD
SKHZAll SKHZ payments⁠

No distribution history available.

AVS vs SKHZ Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
AVS 45.2%since Nov 2024SKHZ No data
Return per unit of riskSharpe ratio, 3 years
AVS −1.00since Nov 2024SKHZ No data
Worst fallMax drawdown, 5 years
AVS −75.7%since Oct 2024SKHZ No data
Market sensitivityBeta, 5 years
AVS −1.48SKHZ 0.00

AVS and SKHZ in the news

All news⁠

Popular comparisons

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    Direxion Daily AVGO Bear 1X Shares · Direxion Daily AAPL Bear 1X ETF

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

  • SKHZAvsAAPDA

    Leverage Shares 1X Short SK Hynix Daily ETF · Direxion Daily AAPL Bear 1X ETF

    Expense ratio
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  • AVSAvsTSDDA

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    Expense ratio
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    Category
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  • SKHZAvsTSDDA

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    Expense ratio
    0.75% · 0.98%
    Category
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  • AVSAvsTSLSA

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    Expense ratio
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    Category
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  • SKHZAvsTSLSA

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    Expense ratio
    0.75% · 0.95%
    Category
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