AVGU

GraniteShares 2x Long AVGO Daily ETF

$35.52

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The GraniteShares 2x Long AVGO Daily ETF (AVGU) seeks to provide 2x the daily return of the common stock of Broadcom Inc. (AVGO).

Overview

ETF tracking GraniteShares 2x Long AVGO Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-07-15

Market Cap $5.7M

Average Volume N/A

Dividend Yield N/A

52-Week Range $25.57 - $45.47

VWAP $35.18

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The GraniteShares 2x Long AVGO Daily ETF (AVGU) seeks to provide 2x the daily return of the common stock of Broadcom Inc. (AVGO).

🎯 Investment Strategy

The fund uses swap agreements and other derivatives to provide leveraged exposure to the performance of AVGO. It does not invest directly in the underlying stock.

✨ Key Features

Provides 2x the daily return of Broadcom Inc. (AVGO) stock
Uses derivatives and swap agreements to achieve leveraged exposure
Resets daily, so longer-term returns may differ from 2x the underlying
Very small fund with $0 in assets under management

⚠️ Primary Risks

Significant leverage amplifies both gains and losses
Daily reset means long-term returns may not match 2x the index
Counterparty risk from use of derivatives
Extremely low trading volume and assets under management

👤 Best For

This ETF is intended for sophisticated, risk-tolerant investors with a very short investment horizon who are seeking to magnify their exposure to Broadcom Inc. stock on a daily basis. It is not suitable for long-term buy-and-hold investors.