Leveraged ETFs

542 ETFs · AUM: $163.38B

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
REMLCredit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN$243.7M$5.99
UWMProShares - Ultra Russell2000$254.6M$57.94
ERXDirexion Daily Energy Bull 2X ETF$258.2M$88.03
ETHTProShares - Ultra Ether ETF$259.7M$17.36
CWEBDirexion Daily CSI China Internet Index Bull 2X ETF$260.9M$26.37
MVLLGraniteShares 2x Long MRVL Daily ETF$262.9M$62.86
MULLGraniteShares 2x Long MU Daily ETF$270.8M$241.35
TBTProShares - UltraShort 20+ Year Treasury$274.7M$35.30
GUSHDirexion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF$277.0M$37.87
DWTVelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New$277.1M
RKLXDaily Target 2X Long RKLB ETF$279.8M$39.48
MRRLUBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B$293.8M
TZADirexion Daily Small Cap Bear 3X ETF$310.7M$5.01
QIDProShares - UltraShort QQQ$313.9M$17.11
IONXDaily Target 2X Long IONQ ETF$336.3M$43.30
IREDaily Target 2X Long IREN ETF$346.6M$24.44
URTYProShares - UltraPro Russell2000$346.9M$70.93
DFENDirexion Daily Aerospace & Defense Bull 3X ETF$365.8M$59.10
AMZUDirexion Daily AMZN Bull 2X ETF$385.7M$41.51
ORCXDaily Target 2X Long ORCL ETF$405.9M$35.82
UVIX2x Long VIX Futures ETF$425.8M$5.58
UVXYProShares - Ultra VIX Short-Term Futures ETF$430.9M$37.82
SPXSDirexion Daily S&P 500 Bear 3X ETF$433.1M$30.44
METUDirexion Daily META Bull 2X ETF$437.9M$31.10
BOILProShares - Ultra Bloomberg Natural Gas$450.2M$12.91
SDSProShares - UltraShort S&P500$454.4M$62.38
UCOProShares - Ultra Bloomberg Crude Oil$455.4M$44.09
MSTXDaily Target 2X Long MSTR ETF$471.2M$34.08
PTIRGraniteShares 2x Long PLTR Daily ETF$480.1M$15.19
UWTVelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New$480.4M
DPSTDirexion Daily Regional Banks Bull 3X ETF$486.1M$118.74
TSMXDirexion Daily TSM Bull 2X ETF$507.4M$79.96
LABUDirexion Daily S&P Biotech Bull 3X ETF$515.5M$184.98
NVDXT-REX 2X Long NVIDIA Daily Target ETF$521.1M$20.98
DDMProShares - Ultra Dow30$527.0M$58.49
BITUProShares - Ultra Bitcoin ETF$545.9M$14.68
JNUGDirexion Daily Junior Gold Miners Index Bull 2X ETF$547.4M$201.77
SPXUProShares - UltraPro Short S&P500$556.9M$42.69
LITXTradr 2X Long LITE Daily ETF$564.8M$40.64
MSTUT-REX 2X Long MSTR Daily Target ETF$567.7M$7.41
NVDUDirexion Daily NVDA Bull 2X ETF$573.8M$146.06
PLTUDirexion Daily PLTR Bull 2X Shares$579.9M$41.21
SVOLSimplify Volatility Premium ETF$592.3M$15.82
CONLGraniteShares 2x Long COIN Daily ETF$642.3M$8.57
NAILDirexion Daily Homebuilders & Supplies Bull 3X ETF$645.3M$48.86
SOLT2x Solana ETF$663.4M$46.13
FNGOMicroSectors FANG+ Index 2X Leveraged ETNs$687.2M$120.74
UYGProShares - Ultra Financials$696.0M$80.53
AMDLGraniteShares 2x Long AMD Daily ETF$759.7M$31.98
YINNDirexion Daily FTSE China Bull 3X ETF$780.3M$34.07
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