
Direxion Daily AVGO Bear 1X Shares (AVS) ETF Ticker
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About Direxion Daily AVGO Bear 1X Shares
Under typical market conditions, this fund strategically deploys a substantial portion—at least 80%—of its net assets, along with any borrowed capital, into a range of financial instruments. These tools, including swap agreements and options, are utilized in combination to generate a daily return that is the direct inverse (opposite) of AVGO's performance, aiming for a 1X short exposure to the underlying stock. It is important to note that this fund operates on a non-diversified basis.
AVS etf facts
| Ticker symbol | AVS |
| Exchange | NASDAQ Global Market |
| Sector | Financial Services |
| Industry | Asset Management - Leveraged |
| Market cap | $8.1M |
| Headquarters | New York City, NY, US |
| IPO date | 2024-10-10 |
| Website | www.direxion.com/product/daily-avgo-bull-and-bear-leveraged-single-stock-etfs |
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What is the ticker symbol for Direxion Daily AVGO Bear 1X Shares?
The ticker symbol for Direxion Daily AVGO Bear 1X Shares is AVS, listed on the NASDAQ Global Market.
What is AVS?
Under typical market conditions, this fund strategically deploys a substantial portion—at least 80%—of its net assets, along with any borrowed capital, into a range of financial instruments. These tools, including swap agreements and options, are utilized in combination to generate a daily return that is the direct inverse (opposite) of AVGO's performance, aiming for a 1X short exposure to the…