Direxion Daily AVGO Bull 2X Shares (AVL) Performance
AVL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −32.1% since Dec 31, 2025
- 1 year
- −35.4% total return
- Since first price
- +46.6% since 2024
AVL trailing returns vs SPY, QQQ, AGG
| Period | AVL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −19.6% | −19.6% | −1.0% | −5.0% | +0.9% |
| 3 months | −36.8% | −37.1% | +3.2% | +1.9% | −0.4% |
| 6 months | −50.0% | −50.5% | +7.8% | +8.4% | −1.5% |
| YTD | −32.1% | −33.2% | +12.3% | +15.1% | −1.0% |
| 1 year | −35.4% | −47.1% | +14.4% | +15.9% | −1.1% |
| Since inceptionOct 10, 2024 | +46.6% | +18.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: AVL vs SPY
From Oct 10, 2024: AVL grew to $14,660, SPY to $13,495.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
AVL returns by calendar year
1 of 1 full years positive. Best 2025 (+54.4%), worst 2025 (+54.4%). 2026 is year to date.
AVL annual returns table
| Year | AVL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −32.1% | −60.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +54.4% | −68.6% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
AVL largest drawdowns
Now 60.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 16, 2024 | −70.6% | Apr 4, 2025 | Jul 17, 2025 | 4 months | 7 months |
| Jun 2, 2026 | −60.9% | Oct 23, 2026 | not yet | 5 months | 5 months so far |
| Dec 10, 2025 | −53.7% | Mar 30, 2026 | May 29, 2026 | 4 months | 6 months |
| Oct 10, 2024 | −28.1% | Nov 27, 2024 | Dec 13, 2024 | 48 days | 2 months |
| Sep 10, 2025 | −23.8% | Oct 10, 2025 | Oct 29, 2025 | 30 days | 49 days |
| Oct 29, 2025 | −23.8% | Nov 21, 2025 | Nov 26, 2025 | 23 days | 28 days |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
AVL risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +49.2% |
| Volatility (annualized) | 111.5% |
| Sharpe ratio | 0.77 |
| Sortino ratio | 1.81 |
| Best month | +89.6% |
| Worst month | −32.5% |
| Best 12 months | +308.6% |
| Worst 12 months | −16.7% |
| Positive months | 52% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
AVL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 13 | −43.8% | +61.6% | +308.6% | 85% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
AVL performance overview
Direxion Daily AVGO Bull 2X Shares (AVL) returned −35.4% over the past year, with distributions reinvested. Since its first recorded price on Oct 10, 2024 it has returned +46.6%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −70.6%, from Dec 16, 2024 to Apr 4, 2025, and it took 3 months to get back to the old high. Volatility has been 111.5% a year.
Related: AVL chart, AVL dividends. See the AVL overview for the latest quote and fund facts.
AVL performance FAQ
What is the AVL return over the past year?
AVL returned −35.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 47.1%.
How much would $10,000 invested in AVL be worth?
$10,000 invested in AVL at its first recorded close on October 10, 2024 would be worth about $14,660 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of AVL?
The largest peak-to-trough decline was −70.6% between December 16, 2024 and April 4, 2025. It recovered to the old high on July 17, 2025, 3 months after the bottom.
How volatile is AVL?
Over the past history AVL had an annualized volatility of 111.5% and a Sharpe ratio of 0.77 (excess return over 1–3 month T-bills per unit of risk).