# AVGU (GraniteShares 2x Long AVGO Daily ETF)

GraniteShares · Leveraged ETFs · data as of Sep 30, 2026

Three months to Sep 30, 2026: AVGU returned −15.9% where its own daily promise gave −12.6%, 3.2 points short.

## Key facts

- AVGU, what AVGO did: −4.7%, as of Sep 30, 2026.
- AVGU, what 2 times a day gives: −12.6%, as of Sep 30, 2026.
- AVGU, what the fund returned: −15.9%, as of Sep 30, 2026.
- AVGU, the fund itself cost: −3.2 pts, as of Sep 30, 2026.
- AVGU, net assets: $35m (issuer page, as of Sep 30, 2026).
- AVGU, expense ratio: 1.50% (485BPOS XBRL, Oct 24, 2025).

## AVGU over each window to Sep 30, 2026

| Window | Fund | AVGO | +2x the move | Difference | AVGO moved about |
| --- | --- | --- | --- | --- | --- |
| 1 month | −11.5% | −5.0% | −10.0% | −1.5 pts | 30% |
| 3 months | −15.9% | −4.7% | −9.5% | −6.4 pts | 39% |
| 6 months | +5.1% | +12.4% | +24.8% | −19.7 pts | 47% |
| 1 year | −17.6% | +7.2% | +14.5% | −32.1 pts | 46% |
| Since launch | +8.0% | +26.1% | +52.3% | −44.3 pts | 46% |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Sets out to return | +2 times the daily move of AVGO, reset daily | ETFIQ |
| Multiple a holder actually got over the window | AVGO moved −4.7% over this window, too little to read a multiple from | ETFIQ |
| Underlying | AVGO | ETFIQ |
| Segment | single stock, company | ETFIQ |
| Net assets | $35m | issuer page, as of Sep 30, 2026 |
| Expense ratio | 1.50% | 485BPOS XBRL, Oct 24, 2025 |
| Launched | Jul 15, 2025 | ETFIQ |
| Underlying volatility over the window | 39% annualized | ETFIQ |

## Questions

### Did AVGU return +2 times AVGO?

Over the window to Sep 30, 2026, AVGO moved −4.7% and AVGU returned −15.9%. 2 times that move is −9.5%, so the fund came out 6.4 points short of it.

### Why does AVGU not return +2 times over a year?

Because it resets daily. AVGU aims at +2 times each day's move, and daily results compound. Over a run where the underlying falls and comes back, compounding a levered daily return leaves a holder behind what +2 times the period move would suggest; over a steady run in one direction it can leave them ahead. The longer the holding, and the more the underlying moves about, the further apart the two figures get.

### Which +2x AVGO ETF tracked its stated multiple most closely?

5 issuers sell one. Over the days all of them have been trading, the table on this page ranks them by how far each finished from 2 times the underlying's move. ETFIQ does not rate funds; the order is the figure itself.


## Cite this page

ETFIQ, AVGU, data as of Sep 30, 2026. https://etfiq.com/funds/avgu
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

HTML: https://etfiq.com/funds/avgu  ·  JSON: https://etfiq.com/funds/avgu.json