Leverage Shares 2X Long AVGO Daily ETF
AVGG
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Sylvia Jablonski
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 34 East Putnam Avenue Greenwich CT United States of America 6830
- IPO Date
- May 16, 2025
- Website
- leverageshares.com
- Similar Companies
- Business
- Leverage Shares 2x Long AVGO Daily ETF (AVGG) provides 2x daily leveraged exposure to the stock price performance of Broadcom Inc. (NASDAQ: AVGO), minus fees and expenses, through an actively managed exchange-traded fund listed on NASDAQ. The ETF achieves its objective via investments in a combination of standardized exchange-traded and FLEX options contracts on AVGO, total return swaps, and cash equivalents including First American Treasury Obligations Fund; its portfolio typically holds four positions with a total expense ratio of 0.75%, shares outstanding of approximately 1.2 million, and a 30-day median bid-ask spread of 0.22%. Launched on May 16, 2025, and headquartered in Greenwich, Connecticut under Leverage Shares LLC (part of the broader Leverage Shares group founded in 2017), AVGG targets sophisticated active traders seeking amplified short-term returns without margin call risks or direct stock ownership. The fund operates within the Themes ETF Trust, advised by Themes Management Company LLC and distributed by ALPS Distributors, Inc., focusing on the information technology sector with principal exposure to Broadcom, a U.S.-based semiconductor leader. Leverage Shares, the pioneering European issuer of single-stock exchange-traded products (ETPs) with over 160 offerings across leveraged, inverse, and unleveraged exposures to stocks, ETFs, and commodities, has expanded aggressively into the U.S. market through its "Leverage Shares by Themes" suite. Products are physically backed where applicable, listed on major exchanges including NASDAQ, Euronext, and the London Stock Exchange, and serve institutional and retail investors across North America, Europe, and select Asian markets. In recent developments, Leverage Shares listed AVGG on NASDAQ effective May 16, 2025, as part of its U.S. single-stock leveraged ETF expansion targeting high-growth names in AI, semiconductors, and technology. The firm launched multiple companion products around the same period, including 2x Long ETFs on AMD, ARM, ASML, and others in August 2025, followed by nine additional single-stock leveraged ETFs in November 2025 (e.g., on Cloudflare, Okta, Teradyne, Newmont, Chipotle, Airbnb, and Spotify), bringing the total U.S. offerings to 43 funds. Further expansions in December 2025 introduced 2x Long ETFs on IREN, Bloom Energy, GE Vernova, and EchoStar, alongside ongoing European innovations such as 3x Long ETPs on Broadcom (AVGO) itself, Intel, ASML, and others listed on the London Stock Exchange in September 2025; these moves reflect sustained product diversification, increased assets under management, and a strategic shift toward U.S. market penetration amid record trading volumes up 86% year-to-date through August 2025.