Leveraged ETFs
542 ETFs · AUM: $173.43B
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▼ |
|---|---|---|---|
| GASL | Direxion Daily Natural Gas Related Bull 3X Shares | $34.9M | — |
| AVGU | GraniteShares 2x Long AVGO Daily ETF | $34.7M | $36.43 |
| BMNG | Leverage Shares 2x Long BMNR Daily ETF | $34.6M | $13.50 |
| TSMG | Leverage Shares 2x Long TSM Daily ETF | $34.3M | $35.18 |
| UMDD | ProShares - UltraPro MidCap 400 | $32.1M | $35.43 |
| UGLDF | VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER | $31.9M | — |
| UXI | ProShares - Ultra Industrials | $31.7M | $61.23 |
| YCS | ProShares - UltraShort Yen | $31.6M | $57.79 |
| URAA | Direxion Daily Uranium Industry Bull 2X ETF | $31.6M | $22.09 |
| TYD | Direxion Daily 7-10 Year Treasury Bull 3X ETF | $31.6M | $22.82 |
| USLVF | VelocityShares 3x Long Silver ETN Linked to the S&P GSCI Silver Index ER | $31.6M | — |
| YCL | ProShares - Ultra Yen | $31.5M | $17.11 |
| SMHD | UBS ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN | $29.7M | $2.37 |
| SMST | Defiance Daily Target 2x Short MSTR ETF | $29.4M | $60.25 |
| NRGZ | MicroSectors U.S. Big Oil Index -2X Inverse Leveraged ETNs | $29.2M | — |
| UXRP | ProShares - Ultra XRP ETF | $29.2M | $10.83 |
| SAA | ProShares - Ultra SmallCap600 | $29.0M | $36.38 |
| EFO | ProShares - Ultra MSCI EAFE | $28.9M | $74.04 |
| JDST | Direxion Daily Junior Gold Miners Index Bear 2X ETF | $28.8M | $39.02 |
| AAPD | Direxion Daily AAPL Bear 1X ETF | $28.8M | $10.41 |
| DVYL | UBS ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN | $28.8M | — |
| ESUS | UBS AG, London Branch | $28.0M | $36.59 |
| RETL | Direxion Daily Retail Bull 3X Shares | $26.7M | $9.00 |
| DRV | Direxion Daily Real Estate Bear 3X ETF | $26.6M | $16.78 |
| PALU | Direxion Daily PANW Bull 2X ETF | $26.4M | $45.49 |
| WTIU | MicroSectors Energy 3X Leveraged ETNs | $26.1M | $19.08 |
| PLTG | Leverage Shares 2x Long PLTR Daily ETF | $25.9M | $10.25 |
| QCMU | Direxion Daily QCOM Bull 2X ETF | $25.9M | $20.35 |
| RDWU | ETF Opportunities Trust - T-REX 2X Long RDW Daily Target ETF | $25.9M | $4.76 |
| QQUP | ProShares - Ultra QQQ Mega | $25.8M | $55.51 |
| XTOC | Innovator U.S. Equity Accelerated Plus ETF | $25.3M | $36.23 |
| HIBS | Direxion Daily S&P 500 High Beta Bear 3X ETF | $24.5M | $21.79 |
| RUSS | Direxion Daily Russia Bear 3X Shares | $24.3M | — |
| RUSL | Direxion Daily Russia Bull 2X Shares | $24.2M | $2.58 |
| FUTG | Leverage Shares 2x Long FUTU Daily ETF | $24.0M | $3.48 |
| BEG | Leverage Shares 2x Long BE Daily ETF | $23.7M | $28.95 |
| IREG | Leverage Shares 2x Long IREN Daily ETF | $23.4M | $7.83 |
| PYPG | Leverage Shares 2x Long PYPL Daily ETF | $23.4M | $8.38 |
| RIOX | Daily Target 2X Long RIOT ETF | $22.9M | $37.00 |
| XTAP | Innovator U.S. Equity Accelerated Plus ETF | $22.7M | $45.55 |
| QTOC | Innovator Growth Accelerated Plus ETF - October | $22.6M | $37.91 |
| UBOT | Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X ETF | $22.6M | $21.23 |
| CPXR | USCF Daily Target 2X Copper Index ETF | $22.4M | $29.97 |
| AIBU | Direxion Daily AI and Big Data Bull 2X ETF | $22.4M | $55.83 |
| NBIZ | Tradr 2X Short NBIS Daily ETF | $21.8M | $25.93 |
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | $21.6M | $17.03 |
| IONZ | Defiance Daily Target 2x Short IONQ ETF | $21.2M | $5.44 |
| NVDQ | T-REX 2X Inverse NVIDIA Daily Target ETF | $21.1M | $10.72 |
| BDCL | UBS ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN | $21.0M | — |
| SMHB | ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B | $21.0M | $3.99 |