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

Page 10 of 11

SymbolFund NameAUMPrice
MORLUBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN$236.8M
QIDProShares - UltraShort QQQ$242.1M$14.29
REMLCredit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN$243.7M$5.99
GUSHDirexion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF$243.9M$48.24
TZADirexion Daily Small Cap Bear 3X ETF$255.5M$42.80
AMZUDirexion Daily AMZN Bull 2X ETF$256.4M$36.76
ETHTProShares - Ultra Ether ETF$257.5M$17.86
ERXDirexion Daily Energy Bull 2X ETF$258.0M$112.06
ORCXDaily Target 2X Long ORCL ETF$265.2M$22.48
LITXTradr 2X Long LITE Daily ETF$273.4M$32.35
AVLDirexion Daily AVGO Bull 2X Shares$275.3M$38.68
DWTVelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New$277.1M
SPUUDirexion Daily S&P 500 Bull 2X ETF$281.0M$223.03
MSTXDaily Target 2X Long MSTR ETF$286.7M$14.08
MRRLUBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B$293.8M
URTYProShares - UltraPro Russell2000$294.2M$75.54
UVXYProShares - Ultra VIX Short-Term Futures ETF$298.6M$17.84
PTIRGraniteShares 2x Long PLTR Daily ETF$299.1M$17.06
INTWGraniteShares 2x Long INTC Daily ETF$303.9M$23.96
DFENDirexion Daily Aerospace & Defense Bull 3X Shares$308.0M$56.27
TBTProShares - UltraShort 20+ Year Treasury$314.1M$39.48
DPSTDirexion Daily Regional Banks Bull 3X ETF$350.5M$131.01
MQQQTradr 2X Long Innovation 100 Monthly ETF$352.3M$225.94
IREDefiance Daily Target 2X Long IREN ETF$366.1M$10.75
SDSProShares - UltraShort S&P500$381.0M$54.91
SPXSDirexion Daily S&P 500 Bear 3X ETF$385.6M$24.98
PLTUDirexion Daily PLTR Bull 2X Shares$390.4M$45.82
MVLLGraniteShares 2x Long MRVL Daily ETF$393.5M$29.39
FNGDMicroSectors FANG+ Index -3X Inverse Leveraged ETN$414.1M$26.72
BOILProShares Ultra Bloomberg Natural Gas$422.8M$19.30
SPXUProShares - UltraPro Short S&P500$424.0M$34.98
UCOProShares Ultra Bloomberg Crude Oil$439.0M$51.49
NVDXT-REX 2X Long NVIDIA Daily Target ETF$450.1M$19.16
GDXDMicroSectors Gold Miners -3X Inverse Leveraged ETNs$450.5M$17.68
METUDirexion Daily META Bull 2X ETF$456.0M$25.13
UWTVelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New$480.4M
BITUProShares - Ultra Bitcoin ETF$480.7M$13.21
JNUGDirexion Daily Junior Gold Miners Index Bull 2X ETF$494.2M$182.60
NVDUDirexion Daily NVDA Bull 2X ETF$499.3M$135.00
CONLGraniteShares 2x Long COIN Daily ETF$502.0M$5.33
NAILDirexion Daily Homebuilders & Supplies Bull 3X ETF$514.7M$30.42
SVOLSimplify Volatility Premium ETF$520.3M$16.77
LABUDirexion Daily S&P Biotech Bull 3X Shares$524.0M$264.00
MSFUDirexion Daily MSFT Bull 2X Shares$526.8M$37.48
DDMProShares - Ultra Dow30$560.0M$65.65
MSTUT-REX 2X Long MSTR Daily Target ETF$561.2M$30.60
TSMXDirexion Daily TSM Bull 2X ETF$568.9M$81.68
YINNDirexion Daily FTSE China Bull 3X Shares$596.1M$26.80
MULLGraniteShares 2x Long MU Daily ETF$686.4M$21.85
FNGOMicroSectors FANG+ Index 2X Leveraged ETNs$736.3M$150.85
PreviousPage 10 of 11Next

Frequently Asked Questions