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

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Symbol▼Fund Name▼AUM▼Price▼
FBLGraniteShares 2x Long META Daily ETF$138.0M$23.70
XXRPTeucrium 2x Long Daily XRP ETF$136.6M$25.36
CRCGLeverage Shares 2x Long CRCL Daily ETF$128.7M$10.62
XBAPInnovator U.S. Equity Accelerated 9 Buffer ETF$128.3M$43.15
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$123.1M$28.68
CEFLUBS ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN$121.5M—
IREDefiance Daily Target 2X Long IREN ETF$121.2M$3.31
EDCDirexion Daily MSCI Emerging Markets Bull 3X Shares$120.9M$60.00
ORCUDirexion Daily ORCL Bull 2X ETF$119.7M$5.45
RKLXDaily Target 2X Long RKLB ETF$114.4M$9.80
SBITProShares - UltraShort Bitcoin ETF$114.2M$33.07
IONXDefiance Daily Target 2X Long IONQ ETF$108.8M$12.66
RXLProShares Ultra Health Care$107.4M$65.55
FNGGDirexion Daily NYSE FANG+ Bull 2X ETF$107.2M$251.12
WDCXTradr 2X Long WDC Daily ETF$102.4M$10.41
DGAZVelocityShares 3x Inverse Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER$100.3M—
BABXGraniteShares 2x Long BABA Daily ETF$98.7M$13.90
KOLDProShares - UltraShort Bloomberg Natural Gas$97.2M$30.45
YANGDirexion Daily FTSE China Bear 3X ETF$95.8M$36.53
NBIGLeverage Shares 2x Long NBIS Daily ETF$94.9M$7.56
BIBProShares Ultra Nasdaq Biotechnology$94.8M$111.06
XBJAInnovator U.S. Equity Accelerated 9 Buffer ETF$94.0M$34.88
DIGProShares - Ultra Energy$93.4M$82.00
GLLProShares - UltraShort Gold$92.2M$26.87
GLWGLeverage Shares 2X Long GLW Daily ETF$91.0M$8.78
DUSTDirexion Daily Gold Miners Index Bear 2X ETF$90.7M$45.76
LLYXDaily Target 2X Long LLY ETF$90.5M$29.10
FAZDirexion Daily Financial Bear 3x ETF$89.1M$34.41
OILUMicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN$88.3M$64.86
MRVUDirexion Daily MRVL Bull 2X ETF$86.2M$112.45
SHNYMicroSectors Gold 3X Leveraged ETNs$85.3M$7.01
TSLQTradr 2X Short TSLA Daily ETF$80.8M$15.25
MSTZT-REX 2X Inverse MSTR Daily Target ETF$79.3M$2.92
WEBLDirexion Daily Dow Jones Internet Bull 3X Shares$78.7M$25.72
TECSDirexion Daily Technology Bear 3X ETF$77.4M$58.73
LABDDirexion Daily S&P Biotech Bear 3X ETF$77.1M$7.87
XBJLInnovator U.S. Equity Accelerated 9 Buffer ETF$77.1M$41.18
TSLRGraniteShares 2x Long TSLA Daily ETF$73.6M$18.95
QQQUDirexion Daily Magnificent 7 Bull 2X ETF$73.0M$59.87
OKLLDaily Target 2X Long OKLO ETF$72.7M$4.49
MLPQUBS ETRACS 2xMonthly Leveraged Alerian MLP Infrastructure Index ETN SeriesB$72.2M—
UTSLDirexion Daily Utilities Bull 3X ETF$71.9M$36.04
UBTProShares - Ultra 20+ Year Treasury$71.5M$14.61
AMUUDirexion Daily AMD Bull 2X ETF$70.3M$205.20
SRTYProShares - UltraPro Short Russell2000$70.2M$27.04
XDSQInnovator U.S. Equity Accelerated ETF$69.5M$44.96
APPXTradr 2X Long APP Daily ETF$69.3M$8.46
ARMGLeverage Shares 2x Long ARM Daily ETF$69.0M$12.03
HIBLDirexion Daily S&P 500 High Beta Bull 3X ETF$68.9M$82.66
ZSLProShares - UltraShort Silver$68.7M$34.10
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