Leveraged ETFs

542 ETFs · AUM: $173.56B

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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Symbol▼Fund Name▼AUM▲Price▼
SCDLETRACS 2x Leveraged US Dividend Factor TR ETN$9.2M$61.65
CSCLDirexion Daily CSCO Bull 2X ETF$9.3M$51.49
ASMUDirexion Daily ASML Bull 2X ETF$9.5M$24.68
HODUDirexion Daily HOOD Bull 2X ETF$9.5M$8.75
DZKDirexion Daily MSCI Developed Markets Bull 3X Shares$9.6M—
SDYLUBS ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN$9.7M—
SKFProShares UltraShort Financials$9.8M$23.68
XOMXDirexion Daily XOM Bull 2X ETF$9.9M$60.34
ANELDefiance Daily Target 2X Long ANET ETF$9.9M$20.23
GEVGLeverage Shares 2x Long GEV Daily ETF$10.0M$17.23
HOOXDaily Target 2X Long HOOD ETF$10.1M$23.76
LUNLDaily Target 2X Long LUNR ETF$10.1M$1.73
AVXXDefiance Daily Target 2X Long AVAV ETF$10.2M$15.86
UGEProShares - Ultra Consumer Staples$10.3M$20.30
TYODirexion Daily 7-10 Year Treasury Bear 3X ETF$10.3M$14.77
MSFDDirexion Daily MSFT Bear 1X ETF$10.3M$9.63
CIFGLeverage Shares 2x Long CIFR Daily ETF$10.3M$0.82
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—
COTGLeverage Shares 2X Long COST Daily ETF$10.6M$13.86
METDDirexion Daily META Bear 1X ETF$10.7M$14.60
PSTProShares UltraShort 7-10 Year Treasury$10.9M$24.38
EPVProShares UltraShort FTSE Europe$11.0M$18.91
EZJProShares - Ultra MSCI Japan$11.0M$64.58
SMSTDefiance Daily Target 2x Short MSTR ETF$11.1M$14.24
ISULGraniteShares 2x Long ISRG Daily ETF$11.2M$19.78
DPKDirexion Daily MSCI Developed Markets Bear 3X Shares$11.2M—
AMZDDirexion Daily AMZN Bear 1X ETF$11.3M$8.73
IONZDefiance Daily Target 2x Short IONQ ETF$11.5M$35.40
TARKTradr 2X Long Innovation ETF$11.8M$45.13
SATGLeverage Shares 2X Long SATS Daily ETF$12.0M$11.08
FIGGLeverage Shares 2x Long FIG Daily ETF$12.1M$17.96
CPXRUSCF Daily Target 2X Copper Index ETF$12.1M$30.84
RVNLGraniteShares 2x Long RIVN Daily ETF$12.3M$12.20
RIOXDaily Target 2X Long RIOT ETF$12.4M$8.51
UCYBProShares - Ultra Nasdaq Cybersecurity$12.4M$103.93
GGLSDirexion Daily GOOGL Bear 1X ETF$12.5M$63.14
TERGLeverage Shares 2X Long TER Daily ETF$12.5M$25.15
UPWProShares Ultra Utilities$12.6M$20.69
MLPZUBS ETRACS 2xMonthly Leveraged S&P MLP Index ETN Series B$12.7M—
BOEGLeverage Shares 2X Long BA Daily ETF$12.7M$9.38
BNKZMicroSectors U.S. Big Banks Index -2X Inverse Leveraged ETNs$12.8M—
LBJDirexion Daily Latin America Bull 2X Shares$13.0M$60.40
BNKOMicroSectors U.S. Big Banks Index 2X Leveraged ETNs$13.3M—
USOUUnited States 3x Oil Fund$13.3M—
KPDDKraneShares 2X Long PDD Daily ETF$13.6M$4.85
CHADDirexion Daily CSI 300 China A Share Bear 1X Shares$13.8M$9.99
UPVProShares Ultra FTSE Europe$14.0M$92.22
IREZTradr 2X Short IREN Daily ETF$14.2M$21.01
LNOKDaily Target 2X Long NOK ETF$14.4M$11.00
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