Leveraged ETFs

542 ETFs · AUM: $173.43B

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$32.64B$63.91
SOXLDirexion Daily Semiconductor Bull 3X ETF$22.87B$135.74
QLDProShares - Ultra QQQ$12.84B$82.95
SSOProShares - Ultra S&P500$7.71B$65.58
SPXLDirexion Daily S&P 500 Bull 3X Shares$6.52B$259.86
TECLDirexion Daily Technology Bull 3X ETF$5.59B$175.92
MUUDirexion Daily MU Bull 2X ETF$5.37B$30.82
UPROProShares - UltraPro S&P500$5.07B$135.99
BULZMicroSectors Solactive FANG & Innovation 3X Leveraged ETN$4.61B$29.70
NVDLGraniteShares 2x Long NVDA Daily ETF$3.63B$31.14
TSLLDirexion Daily TSLA Bull 2X ETF$3.00B$7.32
USDProShares Ultra Semiconductors$2.81B$84.83
FNGUMicroSectors FANG+ 3 Leveraged ETNs$2.66B$24.83
SNXXTradr 2X Long SNDK Daily ETF$2.64B$14.46
FASDirexion Daily Financial Bull 3X ETF$2.33B$168.13
TMFDirexion Daily 20+ Year Treasury Bull 3X ETF$2.29B$31.95
SQQQProShares - UltraPro Short QQQ$2.14B$44.82
KORUDirexion Daily MSCI South Korea Bull 3X ETF$1.64B$18.06
SOXSDirexion Daily Semiconductor Bear 3X ETF$1.62B$51.93
TNADirexion Daily Small Cap Bull 3X ETF$1.33B$67.86
GDXUMicroSectors Gold Miners 3X Leveraged ETN$1.27B$79.64
AMDLGraniteShares 2x Long AMD Daily ETF$1.23B$64.04
ROMProShares - Ultra Technology$1.17B$130.65
AGQProShares - Ultra Silver$1.15B$64.91
BITX2x Bitcoin Strategy ETF$927.4M$12.18
GGLLDirexion Daily GOOGL Bull 2X ETF$894.7M$89.70
NUGTDirexion Daily Gold Miners Index Bull 2X ETF$872.9M$114.12
UDOWProShares - UltraPro Dow30$801.1M$68.11
UYGProShares - Ultra Financials$797.2M$93.59
MSFUDirexion Daily MSFT Bull 2X Shares$775.7M$23.04
MULLGraniteShares 2x Long MU Daily ETF$751.0M$21.48
ETHU2x Ether ETF$740.2M$15.59
TSMXDirexion Daily TSM Bull 2X ETF$692.7M$72.79
FNGOMicroSectors FANG+ Index 2X Leveraged ETNs$687.2M$125.50
UGLProShares - Ultra Gold$650.0M$44.40
YINNDirexion Daily FTSE China Bull 3X Shares$649.9M$27.80
SCOProShares - UltraShort Bloomberg Crude Oil$611.3M$25.71
NVDUDirexion Daily NVDA Bull 2X ETF$600.2M$123.87
LABUDirexion Daily S&P Biotech Bull 3X Shares$563.2M$244.76
NAILDirexion Daily Homebuilders & Supplies Bull 3X ETF$544.6M$40.50
SVOLSimplify Volatility Premium ETF$534.9M$16.00
DDMProShares - Ultra Dow30$523.2M$64.31
CONLGraniteShares 2x Long COIN Daily ETF$495.7M$4.73
UWTVelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New$480.4M
NVDXT-REX 2X Long NVIDIA Daily Target ETF$465.0M$17.65
DPSTDirexion Daily Regional Banks Bull 3X ETF$455.6M$145.00
UCOProShares Ultra Bloomberg Crude Oil$453.0M$43.68
SPXUProShares - UltraPro Short S&P500$429.1M$38.60
SDSProShares - UltraShort S&P500$424.0M$58.45
BOILProShares Ultra Bloomberg Natural Gas$406.2M$22.54
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