- Issuer
- Direxion
- Inception Date
- Oct 9, 2024
- Category
- Leveraged Equities
- Leveraged
- 2x
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $219M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
AVL Performance Chart
Direxion Daily AVGO Bull 2X Shares (AVL) is up 2.8% since the beginning of the year. AVL is currently trading at $45 per share.
Loading charts...
Returns By Period
Direxion Daily AVGO Bull 2X Shares (AVL) has returned 2.77% so far this year and 64.93% over the past 12 months.
Direxion Daily AVGO Bull 2X Shares
- 1D
- -6.83%
- 1M
- -20.41%
- YTD
- 2.77%
- 6M
- 0.78%
- 1Y
- 64.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -1.44%
- 1M
- -1.45%
- YTD
- 7.60%
- 6M
- 6.59%
- 1Y
- 22.24%
- 3Y*
- 19.20%
- 5Y*
- 11.54%
- 10Y*
- 13.71%
AVL Monthly Returns History
Based on dividend-adjusted daily data since Oct 10, 2024, AVL's average daily return is +0.41%, while the average monthly return is +8.26%. At this rate, an investment would double in approximately 0.7 years.
Historically, 52% of months were positive and 48% were negative. The best month was Dec 2024 with a return of +89.6%, while the worst month was Mar 2025 at -31.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 4 months.
On a daily basis, AVL closed higher 52% of trading days. The best single day was Dec 13, 2024 with a return of +48.5%, while the worst single day was Jan 27, 2025 at -34.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -10.14% | -8.88% | -8.27% | 77.83% | 12.55% | -31.64% | 2.77% | ||||||
| 2025 | -14.18% | -20.84% | -31.84% | 22.69% | 55.68% | 28.06% | 11.62% | 0.83% | 19.83% | 21.99% | 15.63% | -28.34% | 54.38% |
| 2024 | -17.96% | -10.81% | 89.64% | 38.75% |
Benchmark Metrics
Direxion Daily AVGO Bull 2X Shares has an annualized alpha of 54.17%, beta of 3.86, and R2 of 0.37 versus S&P 500 Index. Calculated based on daily prices since October 10, 2024.
- This ETF captured 738.27% of S&P 500 Index gains and 277.87% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- R2 of 0.37 means the benchmark explains less than half of this ETF's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 54.17%
- Beta
- 3.86
- R²
- 0.37
- Upside Capture
- 738.27%
- Downside Capture
- 277.87%
Expense Ratio
AVL has a high expense ratio of 1.04%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
AVL ranks 25 for risk / return — below 25% of ETFs on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Direxion Daily AVGO Bull 2X Shares (AVL) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AVL | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -0.94 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.32 | -0.13 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 2.46 | -1.24 |
| Martin ratioReturn relative to average drawdown | 2.57 | 10.92 | -8.35 |
Dividends
Dividend History
Direxion Daily AVGO Bull 2X Shares provided a 28.73% dividend yield over the last twelve months, with an annual payout of $12.93 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $12.93 | $12.80 | $0.08 |
Dividend yield | 28.73% | 29.04% | 0.22% |
Monthly Dividends
The table displays the monthly dividend distributions for Direxion Daily AVGO Bull 2X Shares. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.00 | $0.26 | ||||||
| 2025 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $12.34 | $12.80 |
| 2024 | $0.08 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Direxion Daily AVGO Bull 2X Shares. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Direxion Daily AVGO Bull 2X Shares was 70.63%, occurring on Apr 4, 2025. Recovery took 70 trading sessions.
The current Direxion Daily AVGO Bull 2X Shares drawdown is 40.86%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -70.63%Apr 2025 | 3mo 18d | 3mo 14d | 7mo 2dDec 2024 - Jul 2025 |
2026 bear market2026 | -53.69%Mar 2026 | 3mo 19d | 2mo | 5mo 19dDec 2025 - May 2026 |
2026 bear market2026 | -42.49%Jun 2026 | 7d | — | 21d 3hJun 2026 - now |
2024 bear market2024 | -28.70%Nov 2024 | 1mo 18d | 16d | 2mo 4dOct 2024 - Dec 2024 |
2025 bear market2025 | -23.82%Oct 2025 | 29d | 19d | 1mo 18dSep 2025 - Oct 2025 |
Drawdown Indicators
| AVL | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.63% | -56.78% | -13.85% |
Max Drawdown (1Y)Largest decline over 1 year | -53.69% | -9.10% | -44.59% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -40.86% | -3.21% | -37.65% |
Average DrawdownAverage peak-to-trough decline | -23.80% | -10.71% | -13.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.34% | 2.04% | +23.30% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with AVL
Add Direxion Daily AVGO Bull 2X Shares to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with AVL