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▼ |
|---|---|---|---|
| SMHD | MicroSectors -3x Short Semiconductor ETNs | $24.2M | $42.05 |
| RUSS | Direxion Daily Russia Bear 3X Shares | $24.3M | — |
| SLON | ProShares - Ultra Solana ETF | $24.7M | $29.37 |
| EFO | ProShares - Ultra MSCI EAFE | $24.9M | $70.60 |
| UXI | ProShares - Ultra Industrials | $25.2M | $50.76 |
| BOEU | Direxion Daily BA Bull 2X ETF | $25.4M | $19.07 |
| NFLU | T-REX 2X Long NFLX Daily Target ETF | $25.5M | $11.77 |
| SAA | ProShares - Ultra SmallCap600 | $25.6M | $32.90 |
| ASMG | Leverage Shares 2x Long ASML Daily ETF | $25.6M | $39.37 |
| QQUP | ProShares - Ultra QQQ Mega | $26.0M | $62.06 |
| QTJL | Innovator Growth Accelerated Plus ETF | $26.1M | $42.30 |
| TSDD | GraniteShares 2x Short TSLA Daily ETF | $26.1M | $6.09 |
| YCS | ProShares - UltraShort Yen | $26.7M | $54.50 |
| PALU | Direxion Daily PANW Bull 2X ETF | $26.8M | $60.94 |
| UMDD | ProShares - UltraPro MidCap 400 | $26.8M | $30.72 |
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | $27.0M | $17.55 |
| QQQD | Direxion Daily Magnificent 7 Bear 1X ETF | $27.7M | $11.97 |
| VRTL | GraniteShares 2x Long VRT Daily ETF | $27.9M | $16.35 |
| ESUS | UBS AG, London Branch | $28.0M | $36.59 |
| HIBS | Direxion Daily S&P 500 High Beta Bear 3X ETF | $28.5M | $20.07 |
| DVYL | UBS ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN | $28.8M | — |
| NRGZ | MicroSectors U.S. Big Oil Index -2X Inverse Leveraged ETNs | $29.2M | — |
| TYD | Direxion Daily 7-10 Year Treasury Bull 3X ETF | $29.7M | $21.13 |
| QTJA | Innovator Growth Accelerated Plus ETF | $29.8M | $34.28 |
| DRV | Direxion Daily Real Estate Bear 3X ETF | $29.8M | $20.65 |
| ADBG | Leverage Shares 2x Long ADBE Daily ETF | $29.8M | $4.02 |
| RGTX | Daily Target 2X Long RGTI ETF | $29.9M | $5.24 |
| YCL | ProShares - Ultra Yen | $30.4M | $18.14 |
| UBRL | GraniteShares 2x Long Uber Daily ETF | $31.5M | $11.68 |
| USLVF | VelocityShares 3x Long Silver ETN Linked to the S&P GSCI Silver Index ER | $31.6M | — |
| NBIZ | Tradr 2X Short NBIS Daily ETF | $31.6M | $34.04 |
| UGLDF | VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER | $31.9M | — |
| EET | ProShares - Ultra MSCI Emerging Markets | $32.1M | $92.06 |
| DUG | ProShares UltraShort Energy | $32.9M | $12.46 |
| AVGU | GraniteShares 2x Long AVGO Daily ETF | $33.3M | $25.71 |
| RETL | Direxion Daily Retail Bull 3X Shares | $34.1M | $8.42 |
| GASL | Direxion Daily Natural Gas Related Bull 3X Shares | $34.9M | — |
| PLTZ | Daily Target 2X Short PLTR ETF | $37.0M | $6.67 |
| UYM | ProShares - Ultra Materials | $38.1M | $29.88 |
| PLTG | Leverage Shares 2x Long PLTR Daily ETF | $38.9M | $21.90 |
| TSMU | GraniteShares 2x Long TSM Daily ETF | $39.5M | $69.92 |
| EURL | Direxion Daily FTSE Europe Bull 3X ETF | $39.7M | $41.50 |
| FEDL | UBS AG, London Branch | $39.9M | $55.71 |
| DUSL | Direxion Daily Industrials Bull 3X ETF | $40.2M | $73.30 |
| DRN | Direxion Daily Real Estate Bull 3X ETF | $40.5M | $9.23 |
| SSG | ProShares UltraShort Semiconductors | $41.4M | $12.14 |
| HOOG | Leverage Shares 2x Long HOOD Daily ETF | $41.9M | $22.57 |
| JDST | Direxion Daily Junior Gold Miners Index Bear 2X ETF | $41.9M | $30.22 |
| BMNG | Leverage Shares 2x Long BMNR Daily ETF | $42.1M | $16.79 |
| UXRP | ProShares - Ultra XRP ETF | $42.8M | $12.88 |