Direxion Daily AVGO Bull 2X Shares (AVL)
AVL Price Chart
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AVL ETF Profile
Key details and information about Direxion Daily AVGO Bull 2X Shares (AVL).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
10 Oct 2024
Country
US
Description
This fund's primary objective is to deliver two times the daily leveraged performance of Broadcom (AVGO). Under typical market conditions, it dedicates a minimum of 80% of its overall capital (including any borrowed funds used for investment) to AVGO stock and specialized financial contracts like swap agreements and options. These instruments are strategically combined to achieve its goal of amplified daily exposure to AVGO. It's important to note that the fund maintains a concentrated, non-diversified investment approach.
AVL ETF Performance
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