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
UDOWProShares - UltraPro Dow30$790.6M$59.58
MSFUDirexion Daily MSFT Bull 2X ETF$854.1M$30.03
GGLLDirexion Daily GOOGL Bull 2X ETF$949.3M$115.35
UGLProShares - Ultra Gold$962.2M$60.91
ROMProShares - Ultra Technology$972.2M$113.06
SCOProShares - UltraShort Bloomberg Crude Oil$997.0M$7.16
SNXXTradr 2X Long SNDK Daily ETF$1.09B$95.45
NUGTDirexion Daily Gold Miners Index Bull 2X ETF$1.12B$189.49
MUUDirexion Daily MU Bull 2X ETF$1.25B$275.00
GDXUMicroSectors Gold Miners 3X Leveraged ETN$1.27B$198.63
BITXVolatility Shares Trust - 2x Bitcoin Strategy ETF$1.28B$18.63
TNADirexion Daily Small Cap Bull 3X ETF$1.49B$60.82
KORUDirexion Daily MSCI South Korea Bull 3X ETF$1.70B$549.75
SOXSDirexion Daily Semiconductor Bear 3X ETF$1.85B$14.13
AGQProShares - Ultra Silver$1.90B$118.04
ETHU2x Ether ETF$2.03B$26.01
FASDirexion Daily Financial Bull 3X ETF$2.22B$135.59
USDProShares - Ultra Semiconductors$2.38B$81.98
FNGUMicroSectors FANG+ 3 Leveraged ETNs$2.66B$25.20
BULZMicroSectors Solactive FANG & Innovation 3X Leveraged ETN$2.75B$32.75
TMFDirexion Daily 20+ Year Treasury Bull 3X ETF$2.78B$35.72
SQQQProShares - UltraPro Short QQQ$2.94B$52.52
NVDLGraniteShares 2x Long NVDA Daily ETF$3.90B$109.66
UPROProShares - UltraPro S&P500$4.68B$127.66
TECLDirexion Daily Technology Bull 3X ETF$4.79B$148.93
TSLLDirexion Daily TSLA Bull 2X ETF$4.92B$12.38
SPXLDirexion Daily S&P 500 Bull 3X ETF$5.71B$243.50
SSOProShares - Ultra S&P500$7.32B$62.45
QLDProShares - Ultra QQQ$11.86B$80.25
SOXLDirexion Daily Semiconductor Bull 3X ETF$15.19B$122.59
TQQQProShares - UltraPro QQQ$32.04B$62.58
SOXMTradr 2X Long SOXX Monthly ETF$22.36
SOXWTradr 2X Long SOXX Weekly ETF$21.39
QQQWTradr 2X Long Triple Q Weekly ETF$30.24
UGAZFVelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER
FNGAMicroSectors FANG+ Index 3X Leveraged ETNs due January 8 2038$433.90
UGAZVelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER
SPLXUBS ETRACS M Reset 2xLvg S&P 500 TR ETN
ZYNDefiance Daily Target 2x Long PM ETF$16.77
TVIZVelocityShares Daily 2x VIX MT ETN
USLVVelocityShares 3x Long Silver ETN Linked to the S&P GSCI Silver Index ER
TVIXVelocityShares Daily 2x VIX Short-Term ETN
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