AVS

📎 Investment Objective

The Direxion Daily AVGO Bear 1X Shares ETF seeks to provide daily investment results that correspond to the inverse (or opposite) of the daily performance of the common stock of Broadcom Inc.

✨ Key Features

• Provides inverse, or opposite, exposure to the daily performance of Broadcom Inc. stock
• Designed for short-term, tactical trading rather than long-term buy-and-hold investing
• Resets exposure daily, so longer-term returns may not match the inverse of the underlying stock
• Very low expense ratio of 0.00%

⚠️ Primary Risks

• Inverse/leveraged risk: The fund's returns may not match the inverse of the underlying stock on a long-term basis
• Volatility risk: The fund's value can be highly volatile due to its inverse exposure
• Counterparty risk: The fund relies on derivative contracts, exposing it to the creditworthiness of its counterparties
• Liquidity risk: The fund may have difficulty trading certain derivatives, especially in volatile markets

👤 Best For

This ETF is best suited for experienced, sophisticated investors seeking to make short-term, tactical bets against the performance of Broadcom Inc. stock. It is not recommended for long-term buy-and-hold investors or those with a low risk tolerance.