{"url":"https://etfiq.com/compare/leverage/avgg-vs-avl","section":"compare","title":"AVGG vs AVL: which held to its multiple? | ETFIQ","description":"AVGG sets out to return +2 times AVGO each day and AVL +2 times. Over the three months to Sep 30, 2026 they finished \u22126.2 pts and \u22125.3 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, AVGG or AVL?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, AVGG finished 6.2 points from what its multiple implies and AVL finished 5.3 points from its own, so AVL came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are AVGG and AVL levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Broadcom, AVGG at +2 times and AVL at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, AVGG or AVL?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window AVGG\u2019s moved at 39% annualized and AVL\u2019s at 39%, so AVGG has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold AVGG or AVL for a year?","acceptedAnswer":{"@type":"Answer","text":"Both reset every day, so the multiple in the name applies to a single day and the daily results compound. Over a year the total is not the multiple times the year\u2019s move, and in a market that falls and comes back it is reliably less. ETFIQ makes no recommendation either way."}},{"@type":"Question","name":"Which is cheaper, AVGG or AVL?","acceptedAnswer":{"@type":"Answer","text":"AVGG charges 0.76% a year and AVL charges 1.00%, so AVGG is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"AVGG vs AVL","item":"https://etfiq.com/compare/leverage/avgg-vs-avl"}]},{"@type":"WebPage","name":"AVGG vs AVL: which held to its multiple?","description":"AVGG sets out to return +2 times AVGO each day and AVL +2 times. Over the three months to Sep 30, 2026 they finished \u22126.2 pts and \u22125.3 pts away.","url":"https://etfiq.com/compare/leverage/avgg-vs-avl","dateModified":"2026-09-30","abstract":"Over the days both have traded, AVGG finished 6.2 points from its stated multiple and AVL 5.3.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of AVGG and AVL","description":"AVGG sets out to return +2 times AVGO each day and AVL +2 times. Over the three months to Sep 30, 2026 they finished \u22126.2 pts and \u22125.3 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/avgg-vs-avl","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":6491,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / AVGG vs AVL \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n AVGG vs AVL: which held to its multiple?\n\n Over the days both have traded, AVGG finished 6.2 points from its stated multiple and AVL 5.3.\n Copy this for sharing \n \n Leverage Shares 2X Long AVGO Daily ETF and Direxion Daily AVGO Bull 2X ETF.\n\n Download as PDF \n\n \u221215.7% AVGG returned, 3 months \n \u221214.8% AVL returned, 3 months \n \u22126.2 pts AVGG from its stated multiple \n \u22125.3 pts AVL from its stated multiple \n\n ETFIQ Decay Resistance Score: AVL scores higher\n Did it keep up wit","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/leverage/avgg-vs-avl","a":{"ticker":"AVGG","name":"Leverage Shares 2X Long AVGO Daily ETF","issuer":"Leverage Shares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: AVGG returned \u221215.7% where its own daily promise gave \u221212.6%, 3.0 points short.","url":"https://etfiq.com/funds/avgg","key_facts":[{"label":"What AVGO did","value":"\u22124.7%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221212.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221215.7%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.0 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$53m","as_of":"2026-09-30","source":"issuer page, as of Sep 29, 2026"},{"label":"Expense ratio","value":"0.76%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 27, 2026"}]},"b":{"ticker":"AVL","name":"Direxion Daily AVGO Bull 2X ETF","issuer":"Direxion","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: AVL returned \u221214.8% where its own daily promise gave \u221212.6%, 2.2 points short.","url":"https://etfiq.com/funds/avl","key_facts":[{"label":"What AVGO did","value":"\u22124.7%","as_of":"2026-09-30","source":null},{"label":"What 2 times a day gives","value":"\u221212.6%","as_of":"2026-09-30","source":null},{"label":"What the fund returned","value":"\u221214.8%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$290m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.00%","as_of":"2026-09-30","source":"485BPOS XBRL, Feb 26, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/avgg-vs-avl"}