Leveraged ETFs
542 ETFs · AUM: $173.56B
Leveraged ETFs use financial derivatives and debt to amplify the daily returns of an underlying index, typically by 2x or 3x. These funds are powerful tools for short-term traders who want magnified exposure to market movements without using margin accounts, but they come with significant risks that make them unsuitable for most long-term investors.
Popular leveraged ETFs include TQQQ (ProShares UltraPro QQQ), which provides 3x daily exposure to the NASDAQ-100, UPRO (ProShares UltraPro S&P 500), which delivers 3x daily returns of the S&P 500, and SOXL (Direxion Daily Semiconductor Bull 3X Shares), which offers 3x leveraged exposure to the semiconductor sector.
Leveraged ETFs are designed for single-day holding periods. Due to daily compounding, these funds can deviate significantly from their expected multiple over longer timeframes, especially in volatile or sideways markets. In a choppy market, a 3x leveraged ETF can lose money even when the underlying index is flat, a phenomenon known as volatility decay. TQQQ has attracted a large following among aggressive traders due to the NASDAQ-100's strong trending behavior, but it lost over 75% during the 2022 drawdown. These instruments require active monitoring and strict risk management.
542 ETFs found
Page 1 of 11
| Symbol▼ | Fund Name▼ | AUM▼ | Price▼ |
|---|---|---|---|
| TQQQ | ProShares UltraPro QQQ | $33.82B | $68.81 |
| SOXL | Direxion Daily Semiconductor Bull 3X ETF | $20.06B | $92.22 |
| QLD | ProShares - Ultra QQQ | $13.67B | $88.36 |
| SSO | ProShares - Ultra S&P500 | $8.63B | $69.56 |
| SPXL | Direxion Daily S&P 500 Bull 3X Shares | $6.95B | $281.84 |
| FNGA | MicroSectors FANG+ Index 3X Leveraged ETNs due January 8 2038 | $6.87B | $433.90 |
| UPRO | ProShares - UltraPro S&P500 | $5.39B | $147.26 |
| TECL | Direxion Daily Technology Bull 3X ETF | $5.28B | $197.40 |
| SOXS | Direxion Daily Semiconductor Bear 3X ETF | $4.52B | $47.05 |
| TSLL | Direxion Daily TSLA Bull 2X ETF | $3.48B | $10.90 |
| NVDL | GraniteShares 2x Long NVDA Daily ETF | $3.20B | $32.48 |
| BULZ | MicroSectors Solactive FANG & Innovation 3X Leveraged ETN | $2.76B | $33.82 |
| MUU | Direxion Daily MU Bull 2X ETF | $2.71B | $25.75 |
| FNGU | MicroSectors FANG+ 3 Leveraged ETNs | $2.35B | $29.59 |
| USD | ProShares Ultra Semiconductors | $2.28B | $77.55 |
| FAS | Direxion Daily Financial Bull 3X ETF | $2.18B | $160.59 |
| SQQQ | ProShares - UltraPro Short QQQ | $2.05B | $38.17 |
| TMF | Direxion Daily 20+ Year Treasury Bull 3X ETF | $2.03B | $29.64 |
| TNA | Direxion Daily Small Cap Bull 3X ETF | $1.28B | $56.51 |
| ROM | ProShares - Ultra Technology | $1.19B | $143.54 |
| BITX | 2x Bitcoin Strategy ETF | $1.18B | $17.66 |
| KORU | Direxion Daily MSCI South Korea Bull 3X ETF | $1.11B | $10.97 |
| SNXX | Tradr 2X Long SNDK Daily ETF | $1.07B | $8.48 |
| AGQ | ProShares - Ultra Silver | $1.03B | $52.45 |
| ETHU | 2x Ether ETF | $973.8M | $22.05 |
| GGLL | Direxion Daily GOOGL Bull 2X ETF | $939.1M | $83.56 |
| UDOW | ProShares - UltraPro Dow30 | $919.1M | $67.70 |
| SCO | ProShares - UltraShort Bloomberg Crude Oil | $875.5M | $16.10 |
| AMDL | GraniteShares 2x Long AMD Daily ETF | $849.5M | $57.94 |
| NUGT | Direxion Daily Gold Miners Index Bull 2X ETF | $843.0M | $123.68 |
| GDXU | MicroSectors Gold Miners 3X Leveraged ETN | $785.5M | $76.38 |
| UYG | ProShares - Ultra Financials | $782.7M | $91.65 |
| MSTU | T-REX 2X Long MSTR Daily Target ETF | $714.2M | $31.59 |
| FNGO | MicroSectors FANG+ Index 2X Leveraged ETNs | $713.9M | $143.29 |
| UGL | ProShares - Ultra Gold | $685.7M | $42.27 |
| LABU | Direxion Daily S&P Biotech Bull 3X Shares | $612.4M | $221.12 |
| NAIL | Direxion Daily Homebuilders & Supplies Bull 3X ETF | $610.5M | $30.26 |
| BITU | ProShares - Ultra Bitcoin ETF | $542.9M | $13.68 |
| DDM | ProShares - Ultra Dow30 | $536.0M | $64.42 |
| YINN | Direxion Daily FTSE China Bull 3X Shares | $526.4M | $21.46 |
| SVOL | Simplify Volatility Premium ETF | $516.3M | $16.66 |
| TSMX | Direxion Daily TSM Bull 2X ETF | $506.5M | $78.03 |
| CONL | GraniteShares 2x Long COIN Daily ETF | $503.5M | $4.08 |
| UWT | VelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New | $480.4M | — |
| UCO | ProShares Ultra Bloomberg Crude Oil | $474.0M | $65.50 |
| NVDU | Direxion Daily NVDA Bull 2X ETF | $444.2M | $129.11 |
| SPXU | ProShares - UltraPro Short S&P500 | $422.7M | $34.62 |
| MSFU | Direxion Daily MSFT Bull 2X Shares | $413.6M | $41.95 |
| MULL | GraniteShares 2x Long MU Daily ETF | $401.8M | $17.89 |
| SDS | ProShares - UltraShort S&P500 | $382.9M | $54.41 |