(AVL) Direxion Daily AVGO Bull 2X - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NASDAQ (USA) | Market Cap: 153m USD | Total Return: 144.2% in 12m
Avg Turnover: 18.2M
Warnings
Fakeout Choppy
Tailwinds
Rs Leader
The Direxion Daily AVGO Bull 2X Shares (AVL) is a leveraged exchange-traded fund designed to provide 200% of the daily performance of Broadcom Inc. (AVGO). To achieve this objective, the fund invests at least 80% of its assets in AVGO common stock and derivative instruments, including swap agreements and options. As a non-diversified financial product, the fund carries concentrated risk tied specifically to the price movements of a single equity.
Broadcom operates within the semiconductor and infrastructure software sectors, utilizing a business model focused on high-margin hardware for data centers, networking, and wireless communications. The semiconductor industry is characterized by high research and development costs and cyclical demand driven by enterprise cloud spending and telecommunications infrastructure upgrades. For a deeper look into these industry cycles, consider reviewing the fundamental data on ValueRay.
- Enterprise networking and wireless connectivity demand drives Broadcom core revenue growth
- AI infrastructure expansion accelerates high-end custom chip and networking sales
- VMWare integration success determines software segment margins and long-term profitability
- Federal Reserve interest rate policy impacts technology sector valuations and leverage costs
- Semiconductor export restrictions to China present significant geopolitical and regulatory risks
As of May 29, 2026, the stock is trading at USD 59.93 with a total of 369,779 shares traded.
Over the past week, the price has changed by +4.12%,
over one month by +11.66%,
over three months by +67.19% and
over the past year by +144.15%.
Direxion Daily AVGO Bull 2X has no consensus analysts rating.