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
MJINETFMG 2X Daily Inverse Alternative Harvest ETF$922K$15.33
FDRXFounder-Led 2X Daily ETF$903K$20.15
PFESAXS 2X PFE Bear Daily ETF$893K$51.93
NKEQAXS 2X NKE Bear Daily ETF$864K$28.95
AXPGLeverage Shares 2x Long AXP Daily ETF$862K$11.85
QXASQuantify 2X Daily Alt Season Crypto ETF$856K$9.11
TENGDirexion Daily 5G Communications Bull 2X Shares$712K$14.25
KBDUKraneShares 2X Long BIDU Daily ETF​$699K$20.48
SCOMProShares UltraPro Short Communication Services Select Sector$697K
CMGGLeverage Shares 2x Long CMG Daily ETF$684K$12.86
MJXLETFMG 2X Daily Alternative Harvest ETF$657K$0.39
BUDefiance Daily Target 2X Long BU ETF$640K$18.30
SBULeverage Shares 2x Long SBUX Daily ETF$594K$19.99
LACKDirexion Daily Cnsmr Staples Bear 3XShrs$589K
XPMDaily Target 2X Long MP ETF$540K
GEMGLeverage Shares 2x Long GEMI Daily ETF$529K$10.57
PFELAXS 2X PFE Bull Daily ETF$500K$17.42
ABNGLeverage Shares 2x Long ABNB Daily ETF$479K$14.98
NKELAXS 2X NKE Bull Daily ETF$463K$20.60
SOLXT-REX 2X Long SOL Daily Target ETF$431K$8.68
YCOMProShares UltraShort Communication Services Select Sector$390K
XRPKT-REX 2X Long XRP Daily Target ETF$316K$7.94
DNNGLeverage Shares 2x Long DNN Daily ETF$278K$6.90
ONGDirexion Daily Oil Services Bull 2X Shares$266K$13.01
AWYXETFMG 2x Daily Travel Tech ETF$257K$2.33
LCIZTradr 2X Short LCID Daily ETF$249K$26.07
TVIXFVelocityShares Daily 2x VIX Short-Term ETN$246K
SINVETFMG Prime 2x Daily Inverse Junior Silver Miners ETF$132K$1.08
ORLGLeverage Shares 2x Long ORLY Daily ETF$120K$12.53
WILDVistaShares Animal Spirits Daily 2X Strategy ETF
SOFL2x Daily Software Platform ETF$22.84
SOXWTradr 2X Long SOXX Weekly ETF$21.39
QQQWTradr 2X Long Triple Q Weekly ETF$30.24
SOXMTradr 2X Long SOXX Monthly ETF$22.36
TVIZVelocityShares Daily 2x VIX MT ETN
UGAZVelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER
SPLXUBS ETRACS M Reset 2xLvg S&P 500 TR ETN
FNGAMicroSectors FANG+ Index 3X Leveraged ETNs due January 8 2038$433.90
UGAZFVelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER
ZYNDefiance Daily Target 2x Long PM ETF$16.77
USLVVelocityShares 3x Long Silver ETN Linked to the S&P GSCI Silver Index ER$18.69
TVIXVelocityShares Daily 2x VIX Short-Term ETN
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