DV
Dividend Vision

AVS — Direxion Daily AVGO Bear 1X Shares

Direxion Daily AVGO Bear 1X Shares (AVS)

AVS pays a 1.93% distribution rate, quarterly, on a 1.03% expense ratio. Total return is -68.3% over the past 1.8 years, 183.2 points behind AVGO at 114.9%. Its deepest 1-year drawdown was 46.6%.

Direxion Daily AVGO Bear 1X Shares is an ETF that seeks daily inverse exposure to Broadcom, meaning it aims to move in the opposite direction of AVGO's price on a daily basis through derivatives and swap agreements. The fund carries a modest current distribution rate, distributes quarterly, and has an expense ratio of 1.03%. It appeals to traders and investors seeking short-term bearish positioning on Broadcom or portfolio hedging rather than long-term income generation.

AVS key facts

Issuer
Direxion
Asset type
ETF
Asset class
Equity
Inception date
10/09/2024
Expense ratio
1.03%
Distribution rate
1.93%
Distribution frequency
Quarterly
Trailing yield
3.63%
Last close
$7.46
AUM
$8,379,582
Average volume
19409600.0
Last dividend
$0.0360
Ex-dividend date
06/23/2026
Payment date
06/30/2026
Beta
-2.1447