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Defiance Launches AVGX and SMCX, the First Leveraged Single-Stock ETFs on Broadcom and Super Micro Computer in the US

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Defiance Launches AVGX and SMCX

Defiance Launches AVGX and SMCX, the First Leveraged Single-Stock ETFs on Broadcom and Super Micro Computer in the US
Defiance Launches AVGX and SMCX, the First Leveraged Single-Stock ETFs on Broadcom and Super Micro Computer in the US

MIAMI, Aug. 22, 2024 – Defiance ETFs proudly announces the launch of AVGX and SMCX, the first single-stock long leveraged ETFs for Broadcom and Super Micro Computer, respectively. Defiance’s single-stock leveraged ETFs empower retail investors by providing access to leverage without the need for a margin account, offering leverage within an ETF wrapper. AVGX and SMCX seek to provide 200% long daily targeted exposure to Broadcom and Super Micro Computer, respectively.

Broadcom, a global leader in semiconductor solutions, plays a critical role in powering the AI revolution with its cutting-edge technology. Super Micro Computer, known for its high-performance server solutions, is at the forefront of enabling AI infrastructure. With the introduction of AVGX and SMCX, investors now have a unique opportunity to gain leveraged exposure to these tech giants within an ETF wrapper.*

“The launch of AVGX and SMCX underscores our ambition to lead the market in leveraged ETFs,” says Sylvia Jablonski, CEO of Defiance ETFs. “We are committed to providing innovative tools that not only maximize exposure to market-leading companies but also set the standard for leverage in the ETF space. Our goal is to establish Defiance as the foremost provider of leveraged ETFs, delivering unparalleled opportunities for investors to engage with high-growth sectors and single-stocks.”