
Leverage Shares 2X Long AVGO Daily ETF (AVGG)
AVGG Price Chart
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AVGG ETF Profile
Key details and information about Leverage Shares 2X Long AVGO Daily ETF (AVGG).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
16 May 2025
Country
US
Description
AVGG is designed for making bullish bets on the stock price of Broadcom Inc. (AVGO) through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to AVGO's daily price movements. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected 2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Note that should AVGO's value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time, even if AVGO's performance strengthens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.
AVGG ETF Performance
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