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

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SymbolFund NameAUMPrice
GDXSProShares UltraShort Gold Miners$1.4M
CMGGLeverage Shares 2x Long CMG Daily ETF$1.4M$14.20
CARDMAX Auto Industry -3x Inverse Leveraged ETN$1.4M$2.42
AXPGLeverage Shares 2x Long AXP Daily ETF$1.4M$12.88
TYBSDirexion Daily 20+ Year Treasury Bear 1X Shares$1.4M
RKTLDaily Target 2X Long RKT ETF$1.4M$9.76
SDDProShares - UltraShort SmallCap600$1.5M$8.80
XOMZDirexion Daily XOM Bear 1X ETF$1.5M$16.90
BOEDDirexion Daily BA Bear 1X ETF$1.5M$17.52
OSCGLeverage Shares 2X Long OSCR Daily ETF$1.5M$30.99
LLYZDaily Target 2X Short LLY ETF$1.5M$8.57
TSXDDirexion Daily Semiconductors Top 5 Bear 2X ETF$1.6M$5.30
WDRWDirexion Daily Regional Banks Bear 3X Shares$1.6M
BDCYETRACS 2xMonthly Leveraged Wells Fargo Diversified Business Development Company Index ETN Series B$1.8M
MSDDGraniteShares 2x Short MSTR Daily ETF$1.9M$47.60
UECGLeverage Shares 2x Long UEC Daily ETF$2.0M$3.52
SMDDProShares - UltraPro Short MidCap400$2.0M$8.40
BISProShares - UltraShort Nasdaq Biotechnology$2.0M$11.87
REKTDirexion Daily Crypto Industry Bear 1X ETF$2.1M$18.00
BLSGLeverage Shares 2x Long BLSH Daily ETF$2.1M$3.31
CSCSDirexion Daily CSCO Bear 1X ETF$2.1M$13.67
APLZTradr 2X Short APLD Daily ETF$2.3M$22.19
XXCHDirexion Daily MSCI Emerging Markets ex China Bull 2X Shares$2.4M
CRMULeverage Shares 2x Long CRML Daily ETF$2.5M$1.82
TSMZDirexion Daily TSM Bear 1X ETF$2.5M$7.67
QCMDDirexion Daily QCOM Bear 1X Shares$2.5M$16.29
BZQProShares - UltraShort MSCI Brazil Capped$2.5M$18.67
CROCProShares UltraShort Australian Dollar$2.5M$50.72
HIMYLeveraged Long + Income HIMS ETF$2.6M
KBABKraneShares 2X Long BABA Daily ETF​$2.6M$6.65
GLGGLeverage Shares 2x Long GLXY Daily ETF$2.6M$4.95
FNTCDirexion Daily Fintech Bull 2X Shares$2.7M$12.75
MUTEDirexion Daily Communication Services Index Bear 3X Shares$2.7M
DSLVVelocityShares 3x Inverse Silver ETN Linked to the S&P GSCI Silver Index ER$2.8M
PASSDirexion Daily Cnsmr Discret Bear 3XShrs$2.8M
PALDDirexion Daily PANW Bear 1X ETF$2.8M$11.55
HOMLUBS ETRACS Monthly Reset 2xLeveraged ISE Exclusively Homebuilders ETN$2.8M
FNGZMicroSectors FANG+ Index -2X Inverse Leveraged ETN$2.8M$2.43
EEVProShares - UltraShort MSCI Emerging Markets$2.9M$10.54
SAGGDirexion Daily Total Bond Market Bear 1X Shares$2.9M
TBXUDirexion Daily Biotech Top 5 Bull 2X ETF$2.9M$38.53
EVENDirexion Daily S&P 500 Equal Weight Bull 2X Shares$2.9M$19.64
RTXGLeverage Shares 2x Long RTX Daily ETF$3.0M$23.57
AALGLeverage Shares 2x Long AAL Daily ETF$3.0M$10.09
DOZRDirexion Daily US Infrastructure Bull 2X Shares$3.0M$30.65
ELISDirexion Daily LLY Bear 1X ETF$3.1M$19.27
RXDProShares - UltraShort Health Care$3.3M$15.65
UBRProShares - Ultra MSCI Brazil Capped$3.3M$34.72
KLNEDirexion Daily Global Clean Energy Bull 2X Shares$3.3M$6.28
LRETUBS ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN$3.4M
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