Leveraged ETFs

542 ETFs · AUM: $196.15B

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
URAADirexion Daily Uranium Industry Bull 2X ETF$38.8M$27.32
ASMGLeverage Shares 2x Long ASML Daily ETF$38.6M$60.58
EUOProShares - UltraShort Euro$37.0M$29.79
UTSLDirexion Daily Utilities Bull 3X ETF$37.0M$42.27
GASLDirexion Daily Natural Gas Related Bull 3X Shares$34.9M
EDZDirexion Daily MSCI Emerging Markets Bear 3X ETF$34.7M$15.97
QQUPProShares - Ultra QQQ Mega$34.2M$57.21
TYDDirexion Daily 7-10 Year Treasury Bull 3X ETF$33.9M$23.95
OILUMicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN$33.5M$41.14
IREGLeverage Shares 2x Long IREN Daily ETF$33.4M$20.75
PLTGLeverage Shares 2x Long PLTR Daily ETF$33.3M$11.66
UMDDProShares - UltraPro MidCap 400$33.0M$35.42
YCLProShares - Ultra Yen$32.3M$17.98
NFLUT-REX 2X Long NFLX Daily Target ETF$32.2M$21.99
RIOXDaily Target 2X Long RIOT ETF$31.9M$55.02
UGLDFVelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER$31.9M
UBOTDirexion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X ETF$31.9M$25.38
USLVFVelocityShares 3x Long Silver ETN Linked to the S&P GSCI Silver Index ER$31.6M
DRVDirexion Daily Real Estate Bear 3X ETF$31.6M$18.47
SMSTDaily Target 1.5X Short MSTR ETF$31.0M$49.21
UXRPProShares - Ultra XRP ETF$31.0M$12.36
URSPProShares - Ultra S&P 500 Equal Weight$30.8M$47.98
AIBUDirexion Daily AI and Big Data Bull 2X ETF$30.8M$62.16
DULLMicroSectors Gold -3X Inverse Leveraged ETNs$30.3M$67.84
YCSProShares - UltraShort Yen$29.9M$54.59
SMHDUBS ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN$29.7M$2.37
RETLDirexion Daily Retail Bull 3X ETF$29.6M$9.06
EFOProShares - Ultra MSCI EAFE$29.6M$72.60
NRGZMicroSectors U.S. Big Oil Index -2X Inverse Leveraged ETNs$29.2M
BMNGLeverage Shares 2x Long BMNR Daily ETF$29.2M$14.32
AMDDDirexion Daily AMD Bear 1X ETF$28.9M$3.25
UXIProShares - Ultra Industrials$28.8M$54.94
RKLZDefiance Daily Target 2X Short RKLB ETF$28.8M$2.52
DVYLUBS ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN$28.8M
ESUSUBS AG, London Branch$28.0M$36.59
QQQDDirexion Daily Magnificent 7 Bear 1X ETF$27.7M$13.18
SAAProShares - Ultra SmallCap600$27.3M$34.75
DUGProShares - UltraShort Energy$27.1M$18.76
XTOCInnovator U.S. Equity Accelerated Plus ETF$26.1M$35.59
BOEUDirexion Daily BA Bull 2X ETF$24.8M$35.80
KPDDKraneShares 2X Long PDD Daily ETF$24.8M$5.28
NBIZTradr 2X Short NBIS Daily ETF$24.7M$11.71
BEGLeverage Shares 2x Long BE Daily ETF$24.7M$64.28
RUSSDirexion Daily Russia Bear 3X Shares$24.3M
RUSLDirexion Daily Russia Bull 2X Shares$24.2M$2.58
BAIGLeverage Shares 2x Long BBAI Daily ETF$24.2M$33.42
HOOXDaily Target 2X Long HOOD ETF$23.3M$30.00
PLUDaily Target 2X Long PL ETF$22.9M$25.75
MEXXDirexion Daily MSCI Mexico Bull 3X ETF$22.9M$30.21
AAPBGraniteShares 2x Long AAPL Daily ETF$22.8M$35.80
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