Leveraged ETFs

542 ETFs · AUM: $196.15B

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
BULGLeverage Shares 2x Long BULL Daily ETF$5.8M$34.63
MPLDaily Target 2X Long MP ETF$5.8M$17.21
MPGLeverage Shares 2x Long MP Daily ETF$5.9M$6.21
EUFLDirexion Daily MSCI European Financials Bull 2X Shares$5.9M
IWDLETRACS 2x Leveraged US Value Factor TR ETN$6.0M$60.18
IWMLETRACS 2x Leveraged US Size Factor TR ETN$6.1M$30.77
IWFLETRACS 2x Leveraged US Growth Factor TR ETN$6.1M$58.32
FXPProShares - UltraShort FTSE China 50$6.1M$21.29
PATXTradr 2X Long PATH Daily ETF$6.2M$7.71
TAWKDirexion Daily Communication Services Index Bull 3X Shares$6.2M
EWVProShares - UltraShort MSCI Japan$6.3M$18.61
SCCProShares - UltraShort Consumer Discretionary$6.3M$14.95
SOFADirexion Daily SOFI Bull 2X ETF$6.3M$13.08
DUOGLeverage Shares 2x Long DUOL Daily ETF$6.4M$43.90
QULLETRACS 2x Leveraged MSCI US Quality Factor TR ETN$6.5M$63.86
LMNXDaily Target 2X Long LMND ETF$6.5M$13.14
MIDZDirexion Daily Mid Cap Bear 3X Shares$6.6M
SIJProShares - UltraShort Industrials$6.9M$17.42
ORCSDirexion Daily ORCL Bear 1X ETF$7.0M$24.89
MSTPGraniteShares 2x Long MSTR Daily ETF$7.1M$22.98
UCYBProShares - Ultra Nasdaq Cybersecurity$7.1M$69.03
ONDUTradr 2X Long ONDS Daily ETF$7.1M$7.84
APLZTradr 2X Short APLD Daily ETF$7.5M$16.30
ASMUDirexion Daily ASML Bull 2X ETF$7.5M$39.67
LTLProShares - Ultra Communication Services$7.6M$24.46
COIGLeverage Shares 2x Long COIN Daily ETF$7.7M$5.21
PLTAProShares - Ultra PLTR$7.9M$12.47
FLYUMicroSectors Travel 3x Leveraged ETN$7.9M$39.77
METDDirexion Daily META Bear 1X ETF$7.9M$17.49
KMLIKraneShares 2x Long MELI Daily ETF$7.9M$7.62
OSCXDefiance Daily Target 2X Long OSCR ETF$8.1M$109.47
SKRETuttle Capital Daily 2X Inverse Regional Banks ETF$8.1M$6.83
SCDLETRACS 2x Leveraged US Dividend Factor TR ETN$8.2M$54.04
ISULGraniteShares 2x Long ISRG Daily ETF$8.2M$18.65
MNMDirexion Daily Metals & Mining Bull 2X Shares$8.3M$29.16
FINUProShares UltraPro Financial Select Sector$8.4M
MTULETRACS 2x Leveraged MSCI US Momentum Factor TR ETN$8.5M$54.56
COPZDaily Target 2X Long Copper ETF$8.9M$16.38
LULGLeverage Shares 2x Long LULU Daily ETF$9.0M$7.00
WEBSDirexion Daily Dow Jones Internet Bear 3X ETF$9.4M$19.59
PDDLGraniteShares 2x Long PDD Daily ETF$9.5M$12.82
DZKDirexion Daily MSCI Developed Markets Bull 3X Shares$9.6M
SDYLUBS ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN$9.7M
TSXUDirexion Daily Semiconductors Top 5 Bull 2X ETF$10.1M$59.91
PANGLeverage Shares 2x Long PANW Daily ETF$10.2M$21.55
XPPProShares - Ultra FTSE China 50$10.4M$20.55
XOMXDirexion Daily XOM Bull 2X ETF$10.5M$40.75
USAXTradr 2X Long USAR Daily ETF$10.5M$21.57
AMJLCredit Suisse X-Links Monthly Pay 2xLeveraged Alerian MLP Index ETN$10.6M
DGLDVelocityShares 3x Inverse Gold ETN Linked to the S&P GSCI Gold Index ER$10.6M
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