{"url":"https://etfiq.com/compare/leverage/avgu-vs-avgx","section":"compare","title":"AVGU vs AVGX: which held to its multiple? | ETFIQ","description":"AVGU sets out to return +2 times AVGO each day and AVGX +2 times. Over the three months to Sep 30, 2026 they finished \u22126.4 pts and \u22125.8 pts away.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which came closer to its stated multiple, AVGU or AVGX?","acceptedAnswer":{"@type":"Answer","text":"Over the window to Sep 30, 2026, AVGU finished 6.4 points from what its multiple implies and AVGX finished 5.8 points from its own, so AVGX came closer. Neither figure predicts the next window: it depends on how much the underlying moves about."}},{"@type":"Question","name":"Are AVGU and AVGX levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on Broadcom, AVGU at +2 times and AVGX at +2 times the daily move."}},{"@type":"Question","name":"Which one decays faster, AVGU or AVGX?","acceptedAnswer":{"@type":"Answer","text":"Decay follows how much the underlying moves about. Over this window AVGU\u2019s moved at 39% annualized and AVGX\u2019s at 39%, so AVGU has the rougher ride and, at the same multiple, loses more to compounding."}},{"@type":"Question","name":"Can I hold AVGU or AVGX 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, AVGU or AVGX?","acceptedAnswer":{"@type":"Answer","text":"AVGU charges 1.50% a year and AVGX charges 1.31%, so AVGX 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":"AVGU vs AVGX","item":"https://etfiq.com/compare/leverage/avgu-vs-avgx"}]},{"@type":"WebPage","name":"AVGU vs AVGX: which held to its multiple?","description":"AVGU sets out to return +2 times AVGO each day and AVGX +2 times. Over the three months to Sep 30, 2026 they finished \u22126.4 pts and \u22125.8 pts away.","url":"https://etfiq.com/compare/leverage/avgu-vs-avgx","dateModified":"2026-09-30","abstract":"Over the days both have traded, AVGU finished 6.4 points from its stated multiple and AVGX 5.8.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of AVGU and AVGX","description":"AVGU sets out to return +2 times AVGO each day and AVGX +2 times. Over the three months to Sep 30, 2026 they finished \u22126.4 pts and \u22125.8 pts away.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/avgu-vs-avgx","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":6564,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Head to head / AVGU vs AVGX \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n AVGU vs AVGX: which held to its multiple?\n\n Over the days both have traded, AVGU finished 6.4 points from its stated multiple and AVGX 5.8.\n Copy this for sharing \n \n GraniteShares 2x Long AVGO Daily ETF and Defiance Daily Target 2X Long AVGO ETF.\n\n Download as PDF \n\n \u221215.9% AVGU returned, 3 months \n \u221215.3% AVGX returned, 3 months \n \u22126.4 pts AVGU from its stated multiple \n \u22125.8 pts AVGX from its stated multiple \n\n ETFIQ Decay Resistance Score: AVGX scores higher\n Did it ","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/avgu-vs-avgx","a":{"ticker":"AVGU","name":"GraniteShares 2x Long AVGO Daily ETF","issuer":"GraniteShares","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: AVGU returned \u221215.9% where its own daily promise gave \u221212.6%, 3.2 points short.","url":"https://etfiq.com/funds/avgu","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":"\u221215.9%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22123.2 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$35m","as_of":"2026-09-30","source":"issuer page, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.50%","as_of":"2026-09-30","source":"485BPOS XBRL, Oct 24, 2025"}]},"b":{"ticker":"AVGX","name":"Defiance Daily Target 2X Long AVGO ETF","issuer":"Defiance","desk":"leverage","as_of":"2026-09-30","verdict":"Three months to Sep 30, 2026: AVGX returned \u221215.3% where its own daily promise gave \u221212.6%, 2.6 points short.","url":"https://etfiq.com/funds/avgx","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":"\u221215.3%","as_of":"2026-09-30","source":null},{"label":"The fund itself cost","value":"\u22122.6 pts","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$230m","as_of":"2026-09-30","source":"the issuer\u2019s own daily fund list, as of Sep 30, 2026"},{"label":"Expense ratio","value":"1.31%","as_of":"2026-09-30","source":"485BPOS XBRL, Aug 24, 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/avgu-vs-avgx"}