Leveraged ETFs

542 ETFs · AUM: $180.08B

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
PALUDirexion Daily PANW Bull 2X ETF$35.1M$44.19
GASLDirexion Daily Natural Gas Related Bull 3X Shares$34.9M
URAADirexion Daily Uranium Industry Bull 2X ETF$34.8M$23.72
TSMGLeverage Shares 2x Long TSM Daily ETF$33.8M$39.44
DUGProShares UltraShort Energy$33.5M$14.12
EUOProShares - UltraShort Euro$33.1M$30.05
YCLProShares - Ultra Yen$32.7M$19.24
ADBGLeverage Shares 2x Long ADBE Daily ETF$32.3M$4.26
UGLDFVelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER$31.9M
IREGLeverage Shares 2x Long IREN Daily ETF$31.9M$8.88
RDWUETF Opportunities Trust - T-REX 2X Long RDW Daily Target ETF$31.9M$6.19
ASMGLeverage Shares 2x Long ASML Daily ETF$31.6M$44.29
USLVFVelocityShares 3x Long Silver ETN Linked to the S&P GSCI Silver Index ER$31.6M
TARKTradr 2X Long Innovation ETF$31.6M$49.24
AAPDDirexion Daily AAPL Bear 1X ETF$31.4M$10.46
ONDLDaily Target 2X Long ONDS ETF$31.4M$5.24
LNOKDaily Target 2X Long NOK ETF$30.0M$19.97
QQQDDirexion Daily Magnificent 7 Bear 1X ETF$29.9M$12.19
NRGZMicroSectors U.S. Big Oil Index -2X Inverse Leveraged ETNs$29.2M
TSLZT-REX 2X Inverse Tesla Daily Target ETF$29.0M$11.62
DVYLUBS ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN$28.8M
QTJAInnovator Growth Accelerated Plus ETF$28.6M$33.91
DRVDirexion Daily Real Estate Bear 3X ETF$28.6M$20.08
UMDDProShares - UltraPro MidCap 400$28.2M$32.70
ESUSUBS AG, London Branch$28.0M$36.59
EFOProShares - Ultra MSCI EAFE$27.9M$74.41
UXIProShares - Ultra Industrials$27.6M$54.27
SAAProShares - Ultra SmallCap600$27.4M$34.29
QTJLInnovator Growth Accelerated Plus ETF$27.1M$42.20
OILDMicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN$27.0M$26.92
TYDDirexion Daily 7-10 Year Treasury Bull 3X ETF$26.9M$21.44
QQUPProShares - Ultra QQQ Mega$26.0M$63.60
HIBSDirexion Daily S&P 500 High Beta Bear 3X ETF$25.5M$18.61
YCSProShares - UltraShort Yen$25.4M$51.22
LUNLDaily Target 2X Long LUNR ETF$25.0M$3.59
NFLUT-REX 2X Long NFLX Daily Target ETF$25.0M$18.38
SLONProShares - Ultra Solana ETF$24.5M$31.80
RUSSDirexion Daily Russia Bear 3X Shares$24.3M
RUSLDirexion Daily Russia Bull 2X Shares$24.2M$2.58
AIBUDirexion Daily AI and Big Data Bull 2X ETF$24.1M$66.46
NVDQT-REX 2X Inverse NVIDIA Daily Target ETF$24.0M$8.97
RETLDirexion Daily Retail Bull 3X Shares$23.9M$7.88
QCMUDirexion Daily QCOM Bull 2X ETF$23.7M$22.89
MRNXDaily Target 2X Long MRNA ETF$23.3M$84.46
UBOTDirexion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X ETF$22.8M$21.92
EDZDirexion Daily MSCI Emerging Markets Bear 3X ETF$21.8M$14.16
SMHDMicroSectors -3x Short Semiconductor ETNs$21.5M$40.66
FUTGLeverage Shares 2x Long FUTU Daily ETF$21.3M$4.22
BDCLUBS ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN$21.0M
UBRLGraniteShares 2x Long Uber Daily ETF$20.8M$14.13
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