Leveraged ETFs
542 ETFs · AUM: $163.38B
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
Page 2 of 11
| Symbol▼ | Fund Name▼ | AUM▼ | Price▼ |
|---|---|---|---|
| DPST | Direxion Daily Regional Banks Bull 3X ETF | $486.1M | $116.31 |
| UWT | VelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New | $480.4M | — |
| PTIR | GraniteShares 2x Long PLTR Daily ETF | $480.1M | $15.38 |
| MSTX | Daily Target 2X Long MSTR ETF | $471.2M | $33.35 |
| UCO | ProShares - Ultra Bloomberg Crude Oil | $455.4M | $44.25 |
| SDS | ProShares - UltraShort S&P500 | $454.4M | $62.82 |
| BOIL | ProShares - Ultra Bloomberg Natural Gas | $450.2M | $13.37 |
| METU | Direxion Daily META Bull 2X ETF | $437.9M | $30.79 |
| SPXS | Direxion Daily S&P 500 Bear 3X ETF | $433.1M | $30.75 |
| UVXY | ProShares - Ultra VIX Short-Term Futures ETF | $430.9M | $38.88 |
| UVIX | 2x Long VIX Futures ETF | $425.8M | $5.78 |
| ORCX | Daily Target 2X Long ORCL ETF | $405.9M | $35.19 |
| AMZU | Direxion Daily AMZN Bull 2X ETF | $385.7M | $41.59 |
| DFEN | Direxion Daily Aerospace & Defense Bull 3X ETF | $365.8M | $58.67 |
| URTY | ProShares - UltraPro Russell2000 | $346.9M | $70.54 |
| IRE | Daily Target 2X Long IREN ETF | $346.6M | $24.09 |
| IONX | Daily Target 2X Long IONQ ETF | $336.3M | $39.03 |
| QID | ProShares - UltraShort QQQ | $313.9M | $17.23 |
| TZA | Direxion Daily Small Cap Bear 3X ETF | $310.7M | $5.05 |
| MRRL | UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B | $293.8M | — |
| RKLX | Daily Target 2X Long RKLB ETF | $279.8M | $35.67 |
| DWT | VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New | $277.1M | — |
| GUSH | Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF | $277.0M | $38.17 |
| TBT | ProShares - UltraShort 20+ Year Treasury | $274.7M | $35.32 |
| MULL | GraniteShares 2x Long MU Daily ETF | $270.8M | $242.05 |
| MVLL | GraniteShares 2x Long MRVL Daily ETF | $262.9M | $60.80 |
| CWEB | Direxion Daily CSI China Internet Index Bull 2X ETF | $260.9M | $26.43 |
| ETHT | ProShares - Ultra Ether ETF | $259.7M | $17.10 |
| ERX | Direxion Daily Energy Bull 2X ETF | $258.2M | $88.75 |
| UWM | ProShares - Ultra Russell2000 | $254.6M | $57.68 |
| REML | Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN | $243.7M | $5.99 |
| OKLL | Daily Target 2X Long OKLO ETF | $238.9M | $11.85 |
| MORL | UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN | $236.8M | — |
| FBL | GraniteShares 2x Long META Daily ETF | $225.6M | $31.54 |
| SPUU | Direxion Daily S&P 500 Bull 2X ETF | $223.3M | $198.21 |
| SPDN | Direxion Daily S&P 500 Bear 1X ETF | $215.9M | $9.11 |
| HIMZ | Daily Target 2X Long HIMS ETF | $206.9M | $43.19 |
| AVL | Direxion Daily AVGO Bull 2X Shares | $201.8M | $57.98 |
| AVGX | Daily Target 2X Long AVGO ETF | $200.7M | $61.71 |
| TSLT | T-REX 2X Long Tesla Daily Target ETF | $200.2M | $16.00 |
| EDC | Direxion Daily MSCI Emerging Markets Bull 3X ETF | $197.2M | $76.98 |
| AAPU | Direxion Daily AAPL Bull 2X ETF | $193.3M | $30.75 |
| SDOW | ProShares - UltraPro Short Dow30 | $191.9M | $29.61 |
| TSLQ | Tradr 2X Short TSLA Daily ETF | $179.0M | $24.41 |
| APPX | Tradr 2X Long APP Daily ETF | $173.6M | $35.00 |
| CRWG | Leverage Shares 2x Long CRWV Daily ETF | $172.7M | $4.18 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | $172.5M | $37.74 |
| SBIT | ProShares - UltraShort Bitcoin ETF | $170.1M | $43.49 |
| ZSL | ProShares - UltraShort Silver | $169.2M | $21.91 |
| KOLD | ProShares - UltraShort Bloomberg Natural Gas | $167.7M | $25.53 |