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
ERYDirexion Daily Energy Bear 2X ETF$50.0M$11.49
DUSLDirexion Daily Industrials Bull 3X ETF$50.1M$89.30
EETProShares - Ultra MSCI Emerging Markets$50.8M$111.36
TWMProShares - UltraShort Russell2000$51.4M$22.37
FUTGLeverage Shares 2x Long FUTU Daily ETF$52.0M$3.41
ONDLDaily Target 2X Long ONDS ETF$53.2M$13.12
XDQQInnovator Growth Accelerated ETF$54.8M$40.54
INDLDirexion Daily MSCI India Bull 2X ETF$56.1M$42.55
EURLDirexion Daily FTSE Europe Bull 3X ETF$56.4M$46.59
UREProShares - Ultra Real Estate$57.0M$70.64
TSLSDirexion Daily TSLA Bear 1X ETF$57.3M$54.78
LUNLDaily Target 2X Long LUNR ETF$59.9M$21.85
FNGDMicroSectors FANG+ Index -3X Inverse Leveraged ETN$60.1M$37.37
GOOXT-REX 2X Long Alphabet Daily Target ETF$60.5M$82.00
LLYXDaily Target 2X Long LLY ETF$60.8M$26.48
UBTProShares - Ultra 20+ Year Treasury$62.9M$16.28
XBOCInnovator U.S. Equity Accelerated 9 Buffer ETF$64.6M$35.14
HFGMUnlimited HFGM Global Macro ETF$67.9M$31.80
XDSQInnovator U.S. Equity Accelerated ETF$68.5M$42.74
CRWLGraniteShares 2x Long CRWD Daily ETF$68.7M$53.92
SRTYProShares - UltraPro Short Russell2000$71.8M$24.00
RDTLGraniteShares 2x Long RDDT Daily ETF$72.0M$21.68
MLPQUBS ETRACS 2xMonthly Leveraged Alerian MLP Infrastructure Index ETN SeriesB$72.2M
BIBProShares - Ultra Nasdaq Biotechnology$72.3M$82.92
ORCUDirexion Daily ORCL Bull 2X ETF$72.3M$13.44
MAGXRoundhill Investments - Daily 2X Long Magnificent Seven ETF$73.5M$52.36
RXLProShares - Ultra Health Care$74.4M$50.43
SATGLeverage Shares 2x Long SATS Daily ETF$74.5M$17.76
XBJLInnovator U.S. Equity Accelerated 9 Buffer ETF$74.8M$39.83
MIDUDirexion Daily Mid Cap Bull 3X ETF$76.5M$70.15
TECSDirexion Daily Technology Bear 3X ETF$77.3M$7.20
LABDDirexion Daily S&P Biotech Bear 3X ETF$77.9M$13.34
HIBLDirexion Daily S&P 500 High Beta Bull 3X ETF$78.5M$111.96
NVDGraniteShares 2x Short NVDA Daily ETF$79.2M$5.00
MRALGraniteShares 2x Long MARA Daily ETF$80.5M$70.04
DIGProShares - Ultra Energy$81.2M$57.00
SOFXDaily Target 2X Long SOFI ETF$81.9M$8.96
VRTLGraniteShares 2x Long VRT Daily ETF$84.2M$128.92
DUSTDirexion Daily Gold Miners Index Bear 2X ETF$88.2M$61.55
HOOGLeverage Shares 2x Long HOOD Daily ETF$89.0M$26.49
XBJAInnovator U.S. Equity Accelerated 9 Buffer ETF$95.3M$33.50
QQQUDirexion Daily Magnificent 7 Bull 2X ETF$99.8M$52.61
DGAZVelocityShares 3x Inverse Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER$100.3M
ZSLProShares - UltraShort Silver$100.3M$24.68
BRZUDirexion Daily MSCI Brazil Bull 2X ETF$101.5M$89.77
GLLProShares - UltraShort Gold$102.1M$24.71
RDWUETF Opportunities Trust - T-REX 2X Long RDW Daily Target ETF$102.4M$21.14
CHAUDirexion Daily CSI 300 China A Share Bull 2X ETF$104.8M$23.05
XXRPTeucrium 2x Long Daily XRP ETF$105.9M$2.56
GDXDMicroSectors Gold Miners -3X Inverse Leveraged ETNs$107.1M$49.53
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