AVS - 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.
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Market Cap
- $7.8M
- Beta
- -1.48
- 52-Week Range
- 6.25-12.43
- Dividend Yield
- $0.27
- IPO Date
- Oct 10, 2024
- Exchange
- NASDAQ
AVS Options Snapshot
Options pricing data for AVS is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The AVS overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked AVS overview questions
- What is AVS?
- AVS is the ticker symbol for Direxion Daily AVGO Bear 1X Shares, an listed exchange-traded fund. 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. Listed on NASDAQ. AVS is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are AVS's key statistics?
- Direxion Daily AVGO Bear 1X Shares (AVS) carries a market capitalization of $7.8M, 52-week range of 6.25-12.43. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does AVS belong to?
- Direxion Daily AVGO Bear 1X Shares operates in the Financial Services sector, in the Asset Management - Leveraged industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare AVS's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the AVS data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for AVS, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.