Defiance Daily Target 2X Long AVGO ETF (AVGX): ETF
ETF traded on XNAS under symbol AVGX. Quoted in usd.
Daily Target 2X Long AVGO ETF
The Defiance Daily Target 2X Long AVGO ETF (AVGX) is engineered to provide magnified daily investment outcomes. Specifically, it aims to mirror, at a two-hundred percent (200%) rate, the daily percentage movements in the stock price of Broadcom Inc. (NASDAQ: AVGO), referred to as the "Underlying Security" or "AVGO". It is crucial to note that AVGX does not invest directly in AVGO shares. Due to its strategy of seeking daily leveraged returns, this Fund operates distinctly from most conventional exchange-traded funds. Consequently, it presents a heightened risk profile compared to investment vehicles that do not employ leverage. There is no assurance that AVGX will consistently achieve its stated objective. Moreover, investors should not expect the Fund to deliver twice the cumulative return of AVGO over periods exceeding a single day, as its design is exclusively focused on daily performance.
Largest holdings
- United States Treasury Bill 11/19/2026106.32%
- BROADCOM INC COM SWAP MAREX - L37.76%
- BROADCOM INC COM SWAP CAN - L35.51%
- BROADCOM INC COM - SWAP - NM - L29.78%
- BROADCOM INC COM SWAP CS - L28.69%
- BROADCOM INC SWAP NBC-L27.80%
- BROADCOM INC SWAP MS26.19%
- BROADCOM INC SWAP BMO14.26%
- First American Government Obligations Fund 12/01/20312.56%
- Cash & Other-208.88%
30d
383.15K
60d
550.92K
90d
682.21K