Leveraged ETFs

542 ETFs · AUM: $196.15B

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
SBITProShares - UltraShort Bitcoin ETF$266.1M$60.29
SMCXDaily Target 2X Long SMCI ETF$266.4M$11.32
GUSHDirexion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF$268.9M$34.56
ERXDirexion Daily Energy Bull 2X ETF$271.5M$88.05
OKLLDaily Target 2X Long OKLO ETF$277.0M$6.21
DWTVelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New$277.1M
NOWLGraniteShares 2x Long NOW Daily ETF$280.9M$4.91
MRRLUBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B$293.8M
MQQQTradr 2X Long Innovation 100 Monthly ETF$297.6M$232.97
MSTXDaily Target 2X Long MSTR ETF$314.3M$15.30
TBTProShares - UltraShort 20+ Year Treasury$325.0M$35.34
BITUProShares - Ultra Bitcoin ETF$327.5M$9.68
AMZUDirexion Daily AMZN Bull 2X ETF$343.7M$34.82
URTYProShares - UltraPro Russell2000$357.1M$79.49
RKLXDaily Target 2X Long RKLB ETF$372.0M$61.38
DFENDirexion Daily Aerospace & Defense Bull 3X ETF$374.3M$74.02
SPXSDirexion Daily S&P 500 Bear 3X ETF$388.6M$27.66
MSTUT-REX 2X Long MSTR Daily Target ETF$392.8M$3.32
BOILProShares - Ultra Bloomberg Natural Gas$399.4M$26.08
IONXDaily Target 2X Long IONQ ETF$413.0M$65.00
PTIRGraniteShares 2x Long PLTR Daily ETF$421.9M$12.16
UVIX2x Long VIX Futures ETF$425.8M$4.12
SDSProShares - UltraShort S&P500$427.1M$58.69
UCOProShares - Ultra Bloomberg Crude Oil$430.4M$44.20
ORCXDaily Target 2X Long ORCL ETF$433.1M$37.37
JNUGDirexion Daily Junior Gold Miners Index Bull 2X ETF$441.3M$131.07
UVXYProShares - Ultra VIX Short-Term Futures ETF$452.7M$30.57
LITXTradr 2X Long LITE Daily ETF$455.5M$38.09
SPXUProShares - UltraPro Short S&P500$471.7M$38.80
DPSTDirexion Daily Regional Banks Bull 3X ETF$475.4M$127.60
UWTVelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New$480.4M
TSMXDirexion Daily TSM Bull 2X ETF$518.4M$83.57
DDMProShares - Ultra Dow30$522.1M$62.44
METUDirexion Daily META Bull 2X ETF$522.8M$21.19
IREDaily Target 2X Long IREN ETF$525.0M$26.98
CONLGraniteShares 2x Long COIN Daily ETF$531.0M$5.31
LABUDirexion Daily S&P Biotech Bull 3X ETF$538.8M$176.31
SVOLSimplify Volatility Premium ETF$557.3M$15.83
NVDXT-REX 2X Long NVIDIA Daily Target ETF$570.6M$18.20
PLTUDirexion Daily PLTR Bull 2X Shares$572.3M$32.93
NAILDirexion Daily Homebuilders & Supplies Bull 3X ETF$643.3M$43.50
INTWGraniteShares 2x Long INTC Daily ETF$656.1M$300.99
SOLT2x Solana ETF$663.4M$27.69
FNGOMicroSectors FANG+ Index 2X Leveraged ETNs$687.2M$128.95
UYGProShares - Ultra Financials$706.9M$82.55
NVDUDirexion Daily NVDA Bull 2X ETF$730.2M$127.91
YINNDirexion Daily FTSE China Bull 3X ETF$758.6M$28.80
UGLProShares - Ultra Gold$810.3M$48.48
BITXVolatility Shares Trust - 2x Bitcoin Strategy ETF$813.5M$12.34
MSFUDirexion Daily MSFT Bull 2X ETF$857.9M$24.67
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