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Dividend Vision

AVL — Direxion Daily AVGO Bull 2X Shares

Direxion Daily AVGO Bull 2X Shares (AVL)

AVL pays a 1.73% distribution rate, quarterly, on a 1.00% expense ratio. Its Distribution Safety Score™ is 35 (Elevated risk), giving a Safety-Adjusted Yield of 0.61%. Distributions fell 110.7% over the past year. Total return is 128.4% over the past 1.8 years, 13.5 points ahead of AVGO at 114.9%. Its deepest 1-year drawdown was 53.7%.

This ETF seeks to deliver twice the daily return of Broadcom (AVGO) through leveraged exposure using derivatives and financial instruments; it is non-diversified and concentrated in a single security. The fund distributes quarterly income at a modest rate and carries an expense ratio of 1.00%. It appeals to tactical traders and investors seeking amplified short-term exposure to Broadcom's price movements, though the daily reset mechanism of leveraged funds makes them unsuitable for buy-and-hold strategies.

AVL key facts

Distribution Safety Score™
35 · Elevated risk
Safety-Adjusted Yield
0.61%
Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
10/09/2024
Expense ratio
1.00%
Distribution rate
1.73%
Distribution frequency
Quarterly
Trailing yield
28.06%
Last close
$46.11
AUM
$163,522,758
Average volume
2219600.0
Last dividend
$0.2000
Ex-dividend date
06/23/2026
Payment date
06/30/2026
Beta
4.2919
P/E ratio
68.5784