AVGG

Leverage Shares 2X Long AVGO Daily ETF

$28.62

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Leverage Shares 2X Long AVGO Daily ETF (AVGG) seeks to provide 2x the daily return of the Broadcom Inc. (AVGO) stock.

Overview

ETF tracking Leverage Shares 2X Long AVGO Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-05-16

Market Cap $8.0M

Average Volume N/A

Dividend Yield N/A

52-Week Range $14.45 - $36.70

VWAP $27.98

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Leverage Shares 2X Long AVGO Daily ETF (AVGG) seeks to provide 2x the daily return of the Broadcom Inc. (AVGO) stock.

🎯 Investment Strategy

The ETF uses derivatives and leverage to amplify the daily performance of the underlying AVGO stock. It does not seek to achieve its stated investment objective over periods longer than one day.

✨ Key Features

Provides 2x the daily performance of AVGO stock
Utilizes derivatives and leverage to achieve its objective
Resets exposure daily, not suitable for long-term holding
Very small asset size and low trading volume

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for large daily fluctuations and volatility
Tracking error and deviation from the 2x daily target
Counterparty risk associated with the derivatives used

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors with a very short-term investment horizon who are looking to make tactical, speculative bets on the daily price movements of the AVGO stock. It is not recommended for long-term or buy-and-hold investors.