ETF overview
This fund's primary objective is to deliver two times the daily leveraged performance of Broadcom (AVGO). Under typical market conditions, it dedicates a minimum of 80% of its overall capital (including any borrowed funds used for investment) to AVGO stock and specialized financial contracts like swap agreements and options. These instruments are strategically combined to achieve its goal of amplified daily exposure to AVGO. It's important to note that the fund maintains a concentrated, non-diversified investment approach.
Fund facts
- Leverage
- 2x daily
- Expense ratio
- 1.01%
- Fund assets
- 249.62M USD (all share classes)
- Issuer
- Direxion
- Inception date
- Oct 10, 2024
- Number of holdings
- 8
Holdings (8)
| Name | Ticker | Exposure |
|---|---|---|
| AVGO SWAP ASSET LEG (AVGOMLL) | 58.37% | |
| AVGO SWAP ASSET LEG (AVGOGSL) | 55.24% | |
| GOLDMAN FINL SQ TRSRY INST 506 | 41.45% | |
| AVGO SWAP ASSET LEG (AVGOCTL) | 35.87% | |
| AVGO SWAP ASSET LEG (AVGOBCL) | 30.57% | |
| BROADCOM INC | AVGO | 19.93% |
| GOLDMAN SACHS FIN GOV 465 INSTITUT | 10.76% | |
| AVGO SWAP ASSET LEG (AVGONML) | 0.00% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
Historical returns do not guarantee future returns. This is not investment advice.
- Leverage
- 2x daily
- Expense ratio
- 1.01%
- Fund assets
- 249.62M USD (all share classes)
- Issuer
- Direxion
- Inception date
- Oct 10, 2024
- Number of holdings
- 8
| Name | Ticker | Exposure |
|---|---|---|
| AVGO SWAP ASSET LEG (AVGOMLL) | 58.37% | |
| AVGO SWAP ASSET LEG (AVGOGSL) | 55.24% | |
| GOLDMAN FINL SQ TRSRY INST 506 | 41.45% | |
| AVGO SWAP ASSET LEG (AVGOCTL) | 35.87% | |
| AVGO SWAP ASSET LEG (AVGOBCL) | 30.57% | |
| BROADCOM INC | AVGO | 19.93% |
| GOLDMAN SACHS FIN GOV 465 INSTITUT | 10.76% | |
| AVGO SWAP ASSET LEG (AVGONML) | 0.00% |
This is a leveraged or inverse fund. Exposure is each position's value as a share of the fund's net assets, so swaps and futures can take it above 100% or below 0%. Cash held as collateral is not listed.
This fund's primary objective is to deliver two times the daily leveraged performance of Broadcom (AVGO). Under typical market conditions, it dedicates a minimum of 80% of its overall capital (including any borrowed funds used for investment) to AVGO stock and specialized financial contracts like swap agreements and options. These instruments are strategically combined to achieve its goal of amplified daily exposure to AVGO. It's important to note that the fund maintains a concentrated, non-diversified investment approach.
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