Direxion Daily AVGO Bear 1X Shares (AVS)
AVS Price Chart
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AVS ETF Profile
Key details and information about Direxion Daily AVGO Bear 1X Shares (AVS).
Sector Focus
Financial Services
Industry
Asset Management - Leveraged
Inception Date
10 Oct 2024
Country
US
Description
Under typical market conditions, this fund strategically deploys a substantial portion—at least 80%—of its net assets, along with any borrowed capital, into a range of financial instruments. These tools, including swap agreements and options, are utilized in combination to generate a daily return that is the direct inverse (opposite) of AVGO's performance, aiming for a 1X short exposure to the underlying stock. It is important to note that this fund operates on a non-diversified basis.
AVS ETF Performance
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