Leveraged ETFs
542 ETFs · AUM: $193.79B
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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| Symbol▼ | Fund Name▼ | AUM▼ | Price▼ |
|---|---|---|---|
| TQQQ | ProShares UltraPro QQQ | $39.59B | $81.12 |
| SOXL | Direxion Daily Semiconductor Bull 3X ETF | $22.16B | $138.76 |
| QLD | ProShares - Ultra QQQ | $15.55B | $98.29 |
| SSO | ProShares - Ultra S&P500 | $9.10B | $72.14 |
| SPXL | Direxion Daily S&P 500 Bull 3X Shares | $7.28B | $298.13 |
| FNGA | MicroSectors FANG+ Index 3X Leveraged ETNs due January 8 2038 | $6.87B | $433.90 |
| TECL | Direxion Daily Technology Bull 3X ETF | $6.75B | $241.34 |
| UPRO | ProShares - UltraPro S&P500 | $5.67B | $155.86 |
| MUU | Direxion Daily MU Bull 2X ETF | $4.08B | $33.47 |
| TSLL | Direxion Daily TSLA Bull 2X ETF | $3.89B | $10.43 |
| BULZ | MicroSectors Solactive FANG & Innovation 3X Leveraged ETN | $3.68B | $43.89 |
| NVDL | GraniteShares 2x Long NVDA Daily ETF | $3.56B | $36.95 |
| USD | ProShares Ultra Semiconductors | $2.91B | $94.56 |
| FNGU | MicroSectors FANG+ 3 Leveraged ETNs | $2.88B | $36.73 |
| SOXS | Direxion Daily Semiconductor Bear 3X ETF | $2.15B | $34.66 |
| SQQQ | ProShares - UltraPro Short QQQ | $2.08B | $33.02 |
| TMF | Direxion Daily 20+ Year Treasury Bull 3X ETF | $2.08B | $25.92 |
| FAS | Direxion Daily Financial Bull 3X ETF | $2.00B | $151.18 |
| SNXX | Tradr 2X Long SNDK Daily ETF | $1.67B | $13.67 |
| ROM | ProShares - Ultra Technology | $1.43B | $163.90 |
| AMDL | GraniteShares 2x Long AMD Daily ETF | $1.40B | $77.06 |
| TNA | Direxion Daily Small Cap Bull 3X ETF | $1.33B | $58.21 |
| AGQ | ProShares - Ultra Silver | $1.28B | $67.65 |
| BITX | 2x Bitcoin Strategy ETF | $1.23B | $18.92 |
| KORU | Direxion Daily MSCI South Korea Bull 3X ETF | $1.21B | $17.73 |
| GGLL | Direxion Daily GOOGL Bull 2X ETF | $1.16B | $103.86 |
| ETHU | 2x Ether ETF | $1.07B | $25.59 |
| NUGT | Direxion Daily Gold Miners Index Bull 2X ETF | $983.0M | $152.27 |
| SCO | ProShares - UltraShort Bloomberg Crude Oil | $953.4M | $18.65 |
| UDOW | ProShares - UltraPro Dow30 | $913.0M | $65.70 |
| GDXU | MicroSectors Gold Miners 3X Leveraged ETN | $850.1M | $109.55 |
| FNGO | MicroSectors FANG+ Index 2X Leveraged ETNs | $812.3M | $164.74 |
| MSTU | T-REX 2X Long MSTR Daily Target ETF | $809.0M | $39.78 |
| UYG | ProShares - Ultra Financials | $736.5M | $88.07 |
| UGL | ProShares - Ultra Gold | $734.9M | $46.49 |
| MULL | GraniteShares 2x Long MU Daily ETF | $628.1M | $23.30 |
| LABU | Direxion Daily S&P Biotech Bull 3X Shares | $597.1M | $243.35 |
| BITU | ProShares - Ultra Bitcoin ETF | $578.4M | $14.65 |
| GDXD | MicroSectors Gold Miners -3X Inverse Leveraged ETNs | $578.3M | $20.94 |
| YINN | Direxion Daily FTSE China Bull 3X Shares | $567.4M | $25.27 |
| NAIL | Direxion Daily Homebuilders & Supplies Bull 3X ETF | $547.0M | $25.89 |
| TSMX | Direxion Daily TSM Bull 2X ETF | $531.5M | $88.08 |
| NVDU | Direxion Daily NVDA Bull 2X ETF | $528.5M | $146.60 |
| SVOL | Simplify Volatility Premium ETF | $525.1M | $16.69 |
| MSFU | Direxion Daily MSFT Bull 2X Shares | $519.2M | $42.69 |
| DDM | ProShares - Ultra Dow30 | $512.9M | $63.07 |
| CONL | GraniteShares 2x Long COIN Daily ETF | $510.0M | $5.34 |
| NVDX | T-REX 2X Long NVIDIA Daily Target ETF | $485.7M | $20.79 |
| UWT | VelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New | $480.4M | — |
| METU | Direxion Daily META Bull 2X ETF | $466.9M | $30.00 |