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
Page 10 of 11
| Symbol▼ | Fund Name▼ | AUM▲ | Price▼ |
|---|---|---|---|
| MQQQ | Tradr 2X Long Innovation 100 Monthly ETF | $213.9M | $206.65 |
| SPDN | Direxion Daily S&P 500 Bear 1X ETF | $216.9M | $8.82 |
| CWEB | Direxion Daily CSI China Internet Index Bull 2X ETF | $219.3M | $22.63 |
| ORCX | Daily Target 2X Long ORCL ETF | $232.7M | $15.06 |
| MORL | UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN | $236.8M | — |
| ERX | Direxion Daily Energy Bull 2X ETF | $237.7M | $92.49 |
| REML | Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN | $243.7M | $5.99 |
| GUSH | Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF | $253.7M | $37.06 |
| SPUU | Direxion Daily S&P 500 Bull 2X ETF | $254.2M | $208.88 |
| TZA | Direxion Daily Small Cap Bear 3X ETF | $258.3M | $41.49 |
| UWM | ProShares - Ultra Russell2000 | $259.7M | $63.31 |
| UVXY | ProShares - Ultra VIX Short-Term Futures ETF | $261.9M | $25.11 |
| UVIX | 2x Long VIX Futures ETF | $268.4M | $62.25 |
| AVGX | Daily Target 2X Long AVGO ETF | $271.1M | $46.18 |
| AMZU | Direxion Daily AMZN Bull 2X ETF | $275.0M | $31.07 |
| QID | ProShares - UltraShort QQQ | $275.1M | $15.89 |
| DWT | VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New | $277.1M | — |
| MVLL | GraniteShares 2x Long MRVL Daily ETF | $284.8M | $20.65 |
| PTIR | GraniteShares 2x Long PLTR Daily ETF | $285.3M | $11.58 |
| MRRL | UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B | $293.8M | — |
| TBT | ProShares - UltraShort 20+ Year Treasury | $297.0M | $37.12 |
| IRE | Defiance Daily Target 2X Long IREN ETF | $308.2M | $8.95 |
| URTY | ProShares - UltraPro Russell2000 | $322.5M | $79.55 |
| MSTU | T-REX 2X Long MSTR Daily Target ETF | $346.2M | $1.95 |
| BITU | ProShares - Ultra Bitcoin ETF | $359.8M | $9.67 |
| SPXS | Direxion Daily S&P 500 Bear 3X ETF | $360.9M | $27.66 |
| JNUG | Direxion Daily Junior Gold Miners Index Bull 2X ETF | $367.1M | $117.82 |
| DFEN | Direxion Daily Aerospace & Defense Bull 3X Shares | $381.1M | $79.69 |
| LITX | Tradr 2X Long LITE Daily ETF | $384.9M | $21.49 |
| PLTU | Direxion Daily PLTR Bull 2X Shares | $386.3M | $31.04 |
| METU | Direxion Daily META Bull 2X ETF | $397.4M | $21.94 |
| INTW | GraniteShares 2x Long INTC Daily ETF | $404.1M | $19.73 |
| BOIL | ProShares Ultra Bloomberg Natural Gas | $406.2M | $20.80 |
| SDS | ProShares - UltraShort S&P500 | $424.0M | $58.63 |
| SPXU | ProShares - UltraPro Short S&P500 | $429.1M | $38.78 |
| UCO | ProShares Ultra Bloomberg Crude Oil | $453.0M | $40.09 |
| DPST | Direxion Daily Regional Banks Bull 3X ETF | $455.6M | $143.42 |
| NVDX | T-REX 2X Long NVIDIA Daily Target ETF | $465.0M | $16.02 |
| UWT | VelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New | $480.4M | — |
| CONL | GraniteShares 2x Long COIN Daily ETF | $495.7M | $5.22 |
| DDM | ProShares - Ultra Dow30 | $523.2M | $64.68 |
| SVOL | Simplify Volatility Premium ETF | $534.9M | $15.91 |
| NAIL | Direxion Daily Homebuilders & Supplies Bull 3X ETF | $544.6M | $41.27 |
| LABU | Direxion Daily S&P Biotech Bull 3X Shares | $563.2M | $252.73 |
| NVDU | Direxion Daily NVDA Bull 2X ETF | $600.2M | $112.58 |
| SCO | ProShares - UltraShort Bloomberg Crude Oil | $611.3M | $27.81 |
| YINN | Direxion Daily FTSE China Bull 3X Shares | $649.9M | $29.06 |
| UGL | ProShares - Ultra Gold | $650.0M | $44.80 |
| FNGO | MicroSectors FANG+ Index 2X Leveraged ETNs | $687.2M | $124.80 |
| TSMX | Direxion Daily TSM Bull 2X ETF | $692.7M | $69.00 |