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
Page 2 of 11
| Symbol▼ | Fund Name▼ | AUM▼ | Price▼ |
|---|---|---|---|
| PLTU | Direxion Daily PLTR Bull 2X Shares | $379.3M | $62.40 |
| METU | Direxion Daily META Bull 2X ETF | $352.5M | $22.88 |
| NVDX | T-REX 2X Long NVIDIA Daily Target ETF | $346.9M | $18.27 |
| BOIL | ProShares Ultra Bloomberg Natural Gas | $335.2M | $17.82 |
| DPST | Direxion Daily Regional Banks Bull 3X ETF | $333.3M | $124.27 |
| JNUG | Direxion Daily Junior Gold Miners Index Bull 2X ETF | $333.2M | $112.38 |
| MSTX | Daily Target 2X Long MSTR ETF | $325.9M | $14.50 |
| SPXS | Direxion Daily S&P 500 Bear 3X ETF | $321.5M | $24.65 |
| SPUU | Direxion Daily S&P 500 Bull 2X ETF | $306.6M | $222.59 |
| PTIR | GraniteShares 2x Long PLTR Daily ETF | $302.6M | $23.41 |
| TBT | ProShares - UltraShort 20+ Year Treasury | $297.9M | $38.43 |
| MRRL | UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B | $293.8M | — |
| AMZU | Direxion Daily AMZN Bull 2X ETF | $285.2M | $33.39 |
| ERX | Direxion Daily Energy Bull 2X ETF | $284.6M | $127.16 |
| DFEN | Direxion Daily Aerospace & Defense Bull 3X Shares | $282.4M | $46.14 |
| UVXY | ProShares - Ultra VIX Short-Term Futures ETF | $280.9M | $18.12 |
| DWT | VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New | $277.1M | — |
| URTY | ProShares - UltraPro Russell2000 | $274.6M | $65.59 |
| SPDN | Direxion Daily S&P 500 Bear 1X ETF | $270.3M | $8.49 |
| INTW | GraniteShares 2x Long INTC Daily ETF | $260.4M | $17.48 |
| MVLL | GraniteShares 2x Long MRVL Daily ETF | $249.4M | $27.24 |
| ETHT | ProShares - Ultra Ether ETF | $244.5M | $14.15 |
| REML | Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN | $243.7M | $5.99 |
| MORL | UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN | $236.8M | — |
| QID | ProShares - UltraShort QQQ | $235.4M | $14.18 |
| TZA | Direxion Daily Small Cap Bear 3X ETF | $235.0M | $48.00 |
| MQQQ | Tradr 2X Long Innovation 100 Monthly ETF | $234.9M | $222.65 |
| AVL | Direxion Daily AVGO Bull 2X Shares | $231.8M | $31.08 |
| NOWL | GraniteShares 2x Long NOW Daily ETF | $223.0M | $9.51 |
| GUSH | Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF | $218.3M | $52.17 |
| UWM | ProShares - Ultra Russell2000 | $212.5M | $56.04 |
| UVIX | 2x Long VIX Futures ETF | $207.2M | $38.77 |
| TMV | Direxion Daily 20+ Year Treasury Bear 3X ETF | $192.5M | $43.06 |
| CURE | Direxion Daily Healthcare Bull 3X ETF | $190.6M | $151.95 |
| GDXD | MicroSectors Gold Miners -3X Inverse Leveraged ETNs | $188.1M | $27.53 |
| SOLT | 2x Solana ETF | $185.8M | $53.27 |
| ORCX | Daily Target 2X Long ORCL ETF | $182.5M | $15.24 |
| LITX | Tradr 2X Long LITE Daily ETF | $177.0M | $22.70 |
| NBIL | GraniteShares 2x Long NBIS Daily ETF | $174.3M | $11.00 |
| TSLT | T-REX 2X Long Tesla Daily Target ETF | $162.6M | $15.23 |
| CWEB | Direxion Daily CSI China Internet Index Bull 2X ETF | $158.0M | $16.30 |
| AVGX | Daily Target 2X Long AVGO ETF | $154.7M | $32.80 |
| AAPU | Direxion Daily AAPL Bull 2X Shares | $150.0M | $46.90 |
| HFGM | Unlimited HFGM Global Macro ETF | $148.4M | $30.50 |
| DLLL | GraniteShares 2x Long DELL Daily ETF | $147.1M | $23.90 |
| CRWG | Leverage Shares 2x Long CRWV Daily ETF | $146.9M | $6.85 |
| SMCX | Daily Target 2X Long SMCI ETF | $146.6M | $8.29 |
| MVV | ProShares - Ultra MidCap400 | $145.2M | $80.76 |
| BRZU | Direxion Daily MSCI Brazil Bull 2X ETF | $144.5M | $78.54 |
| SDOW | ProShares - UltraPro Short Dow30 | $142.9M | $24.16 |