AVL vs. AVGO
AVL (Direxion Daily AVGO Bull 2X Shares) is Leveraged Equities fund actively managed by Direxion, while AVGO (Broadcom Inc.) is a stock. Over the past year, AVL returned 64.93% vs 50.90% for AVGO. With a 1.00 correlation, they move nearly in lockstep.
Performance
AVL vs. AVGO - Performance Comparison
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Returns By Period
In the year-to-date period, AVL achieves a 2.77% return, which is significantly lower than AVGO's 10.24% return.
AVL
- 1D
- -6.83%
- 1M
- -20.41%
- YTD
- 2.77%
- 6M
- 0.78%
- 1Y
- 64.93%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AVGO
- 1D
- -3.06%
- 1M
- -8.06%
- YTD
- 10.24%
- 6M
- 9.23%
- 1Y
- 50.90%
- 3Y*
- 68.61%
- 5Y*
- 54.78%
- 10Y*
- 41.81%
AVL vs. AVGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
AVL Direxion Daily AVGO Bull 2X Shares | 2.77% | 54.38% | 38.75% |
AVGO Broadcom Inc. | 10.24% | 50.63% | 25.01% |
Correlation
The correlation between AVL and AVGO is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 1.00 |
Correlation (All Time) Calculated using the full available price history since Oct 10, 2024 | 1.00 |
The correlation between AVL and AVGO has been stable across timeframes, ranging from 1.00 to 1.00 - a consistent structural relationship.
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Return for Risk
AVL vs. AVGO — Risk / Return Rank
AVL
AVGO
AVL vs. AVGO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AVGO Bull 2X Shares (AVL) and Broadcom Inc. (AVGO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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 | AVGO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.40 | ||
| Sortino ratioReturn per unit of downside risk | -0.18 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.22 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.22 | 1.78 | -0.57 |
| Martin ratioReturn relative to average drawdown | 2.57 | 4.04 | -1.47 |
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Drawdowns
AVL vs. AVGO - Drawdown Comparison
The maximum AVL drawdown since its inception was -70.63%, which is greater than AVGO's maximum drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for AVL and AVGO.
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Drawdown Indicators
| AVL | AVGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.63% | -48.30% | -22.33% |
Max Drawdown (1Y)Largest decline over 1 year | -53.69% | -28.67% | -25.02% |
Max Drawdown (3Y)Largest decline over 3 years | — | -41.15% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -41.15% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -48.30% | — |
Current DrawdownCurrent decline from peak | -40.86% | -20.94% | -19.92% |
Average DrawdownAverage peak-to-trough decline | -23.80% | -8.00% | -15.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 25.34% | 12.64% | +12.70% |
Volatility
AVL vs. AVGO - Volatility Comparison
Direxion Daily AVGO Bull 2X Shares (AVL) has a higher volatility of 45.26% compared to Broadcom Inc. (AVGO) at 21.76%. This indicates that AVL's price experiences larger fluctuations and is considered to be riskier than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVL | AVGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 45.26% | 21.76% | +23.50% |
Volatility (6M)Calculated over the trailing 6-month period | 67.56% | 33.46% | +34.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 92.91% | 46.50% | +46.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 107.82% | 43.63% | +64.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 107.82% | 39.60% | +68.22% |
Dividends
AVL vs. AVGO - Dividend Comparison
AVL's dividend yield for the trailing twelve months is around 28.73%, more than AVGO's 0.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVGO Broadcom Inc. | 0.67% | 0.70% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% |
AVL Direxion Daily AVGO Bull 2X Shares | 28.73% | 29.04% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 1.00, AVL and AVGO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
AVL has higher volatility (45.26%) compared to AVGO (21.76%). In terms of maximum drawdown, AVL dropped -70.63% vs AVGO's -48.30%.
AVGO currently has the higher Sharpe Ratio (1.10 vs 0.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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