Leveraged ETFs

542 ETFs · AUM: $180.08B

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

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SymbolFund NameAUMPrice
TQQQProShares UltraPro QQQ$34.57B$71.23
SOXLDirexion Daily Semiconductor Bull 3X ETF$19.53B$121.79
QLDProShares - Ultra QQQ$13.86B$89.78
SSOProShares - Ultra S&P500$8.77B$69.77
SPXLDirexion Daily S&P 500 Bull 3X Shares$6.88B$283.86
FNGAMicroSectors FANG+ Index 3X Leveraged ETNs due January 8 2038$6.87B$433.90
TECLDirexion Daily Technology Bull 3X ETF$5.67B$206.79
UPROProShares - UltraPro S&P500$5.28B$148.51
MUUDirexion Daily MU Bull 2X ETF$3.79B$31.42
NVDLGraniteShares 2x Long NVDA Daily ETF$3.64B$33.96
TSLLDirexion Daily TSLA Bull 2X ETF$3.62B$9.74
BULZMicroSectors Solactive FANG & Innovation 3X Leveraged ETN$3.29B$39.57
USDProShares Ultra Semiconductors$2.64B$86.33
FNGUMicroSectors FANG+ 3 Leveraged ETNs$2.51B$32.37
FASDirexion Daily Financial Bull 3X ETF$2.19B$173.86
TMFDirexion Daily 20+ Year Treasury Bull 3X ETF$2.11B$29.34
SQQQProShares - UltraPro Short QQQ$2.09B$38.73
SNXXTradr 2X Long SNDK Daily ETF$1.84B$15.26
SOXSDirexion Daily Semiconductor Bear 3X ETF$1.59B$44.19
AGQProShares - Ultra Silver$1.44B$76.78
KORUDirexion Daily MSCI South Korea Bull 3X ETF$1.34B$23.29
ROMProShares - Ultra Technology$1.24B$146.94
GDXUMicroSectors Gold Miners 3X Leveraged ETN$1.23B$147.66
NUGTDirexion Daily Gold Miners Index Bull 2X ETF$1.22B$181.19
TNADirexion Daily Small Cap Bull 3X ETF$1.20B$65.00
ETHU2x Ether ETF$1.19B$27.80
BITX2x Bitcoin Strategy ETF$1.17B$17.04
GGLLDirexion Daily GOOGL Bull 2X ETF$960.7M$97.86
AMDLGraniteShares 2x Long AMD Daily ETF$952.1M$57.50
SCOProShares - UltraShort Bloomberg Crude Oil$892.7M$20.64
UGLProShares - Ultra Gold$877.4M$50.26
UDOWProShares - UltraPro Dow30$834.1M$69.81
UYGProShares - Ultra Financials$797.8M$96.02
FNGOMicroSectors FANG+ Index 2X Leveraged ETNs$736.3M$150.85
MULLGraniteShares 2x Long MU Daily ETF$686.4M$21.85
YINNDirexion Daily FTSE China Bull 3X Shares$596.1M$26.80
TSMXDirexion Daily TSM Bull 2X ETF$568.9M$81.68
MSTUT-REX 2X Long MSTR Daily Target ETF$561.2M$30.60
DDMProShares - Ultra Dow30$560.0M$65.65
MSFUDirexion Daily MSFT Bull 2X Shares$526.8M$37.48
LABUDirexion Daily S&P Biotech Bull 3X Shares$524.0M$264.00
SVOLSimplify Volatility Premium ETF$520.3M$16.77
NAILDirexion Daily Homebuilders & Supplies Bull 3X ETF$514.7M$30.42
CONLGraniteShares 2x Long COIN Daily ETF$502.0M$5.33
NVDUDirexion Daily NVDA Bull 2X ETF$499.3M$135.00
JNUGDirexion Daily Junior Gold Miners Index Bull 2X ETF$494.2M$182.60
BITUProShares - Ultra Bitcoin ETF$480.7M$13.21
UWTVelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New$480.4M
METUDirexion Daily META Bull 2X ETF$456.0M$25.13
GDXDMicroSectors Gold Miners -3X Inverse Leveraged ETNs$450.5M$17.68
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