AVL ETF — Direxion Daily AVGO Bull 2X Shares

Direxion Daily AVGO Bull 2X Shares (AVL)

Updated October 16, 2026.

AVL is an ETF linked to Broadcom (AVGO). its distribution rate is 2.57%, its trailing-12-month yield is 42.13%, its expense ratio is 1.00%. Dividend Vision Distribution Safety Score™ is 53/100 (Caution). Total return is 53.6% over the past 2 years, 26.5 points behind AVGO at 80.1%.

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 performance versus AVGO

Price and return data through 2026-10-16.

Total return is 53.6% over the past 2 years, 26.5 points behind AVGO at 80.1%. Over the past year its total return — price change plus distributions reinvested — is -36.5%. Its deepest 1-year drawdown was 59.1%.

AVL key facts

Distribution Safety Score™

53 · Caution

Safety-Adjusted Yield

1.36%

Issuer

Direxion

Asset type

ETF

Asset class

Equity

Inception date

10/09/2024

Expense ratio

1.00%

Distribution rate

2.57%

Distribution frequency

Quarterly

Trailing yield

42.13%

Last close

$30.84 (as of 2026-10-16)

AUM

$307,346,167

Average volume

1004195.0

Dividend

$0.198

Ex-dividend date

09/22/2026

Payment date

09/29/2026

Beta

4.2919

How Dividend Vision calculates yield and returns

Distribution rate (2.57%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (42.13%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Direxion; Index: Broadcom (AVGO); prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

AVL risks and drawbacks

AVL's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed AVGO over the available window. The deepest 1-year drawdown on record here is 59.1%.

Who may consider AVL — and who may not

AVL may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (AVL pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching AVGO total return. This is educational context, not a recommendation to buy or sell.

More on AVL

• All tickers starting with A

Tagged: Leverage.

Frequently asked questions

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