Leveraged ETFs
542 ETFs · AUM: $173.43B
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▼ |
|---|---|---|---|
| INTW | GraniteShares 2x Long INTC Daily ETF | $404.1M | $20.86 |
| METU | Direxion Daily META Bull 2X ETF | $397.4M | $22.32 |
| PLTU | Direxion Daily PLTR Bull 2X Shares | $386.3M | $27.52 |
| LITX | Tradr 2X Long LITE Daily ETF | $384.9M | $25.12 |
| DFEN | Direxion Daily Aerospace & Defense Bull 3X Shares | $381.1M | $76.34 |
| JNUG | Direxion Daily Junior Gold Miners Index Bull 2X ETF | $367.1M | $116.47 |
| SPXS | Direxion Daily S&P 500 Bear 3X ETF | $360.9M | $27.55 |
| BITU | ProShares - Ultra Bitcoin ETF | $359.8M | $9.49 |
| MSTU | T-REX 2X Long MSTR Daily Target ETF | $346.2M | $1.74 |
| URTY | ProShares - UltraPro Russell2000 | $322.5M | $78.88 |
| IRE | Defiance Daily Target 2X Long IREN ETF | $308.2M | $9.89 |
| TBT | ProShares - UltraShort 20+ Year Treasury | $297.0M | $37.42 |
| MRRL | UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B | $293.8M | — |
| PTIR | GraniteShares 2x Long PLTR Daily ETF | $285.3M | $10.26 |
| MVLL | GraniteShares 2x Long MRVL Daily ETF | $284.8M | $22.27 |
| DWT | VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New | $277.1M | — |
| QID | ProShares - UltraShort QQQ | $275.1M | $15.66 |
| AMZU | Direxion Daily AMZN Bull 2X ETF | $275.0M | $31.17 |
| AVGX | Daily Target 2X Long AVGO ETF | $271.1M | $46.38 |
| UVIX | 2x Long VIX Futures ETF | $268.4M | $62.52 |
| UVXY | ProShares - Ultra VIX Short-Term Futures ETF | $261.9M | $25.20 |
| UWM | ProShares - Ultra Russell2000 | $259.7M | $62.96 |
| TZA | Direxion Daily Small Cap Bear 3X ETF | $258.3M | $41.79 |
| SPUU | Direxion Daily S&P 500 Bull 2X ETF | $254.2M | $209.34 |
| GUSH | Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF | $253.7M | $38.82 |
| REML | Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN | $243.7M | $5.99 |
| ERX | Direxion Daily Energy Bull 2X ETF | $237.7M | $95.00 |
| MORL | UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN | $236.8M | — |
| ORCX | Daily Target 2X Long ORCL ETF | $232.7M | $14.03 |
| CWEB | Direxion Daily CSI China Internet Index Bull 2X ETF | $219.3M | $21.60 |
| SPDN | Direxion Daily S&P 500 Bear 1X ETF | $216.9M | $8.81 |
| MQQQ | Tradr 2X Long Innovation 100 Monthly ETF | $213.9M | $208.60 |
| AVL | Direxion Daily AVGO Bull 2X Shares | $203.7M | $43.74 |
| NBIL | GraniteShares 2x Long NBIS Daily ETF | $201.5M | $23.03 |
| ETHT | ProShares - Ultra Ether ETF | $197.9M | $10.11 |
| NOWL | GraniteShares 2x Long NOW Daily ETF | $194.6M | $4.17 |
| RKLX | Daily Target 2X Long RKLB ETF | $190.1M | $16.40 |
| SMCX | Daily Target 2X Long SMCI ETF | $189.8M | $8.72 |
| FBL | GraniteShares 2x Long META Daily ETF | $184.1M | $23.03 |
| MSTX | Daily Target 2X Long MSTR ETF | $182.5M | $7.97 |
| WDCX | Tradr 2X Long WDC Daily ETF | $181.7M | $25.32 |
| TSLT | T-REX 2X Long Tesla Daily Target ETF | $181.6M | $10.24 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | $178.6M | $41.27 |
| AAPU | Direxion Daily AAPL Bull 2X Shares | $176.3M | $45.65 |
| CURE | Direxion Daily Healthcare Bull 3X ETF | $175.0M | $119.06 |
| SDOW | ProShares - UltraPro Short Dow30 | $170.9M | $24.87 |
| OKLL | Daily Target 2X Long OKLO ETF | $166.9M | $2.76 |
| SBIT | ProShares - UltraShort Bitcoin ETF | $163.4M | $56.87 |
| EDC | Direxion Daily MSCI Emerging Markets Bull 3X Shares | $155.6M | $68.93 |
| MVV | ProShares - Ultra MidCap400 | $153.5M | $88.52 |