Leveraged ETFs
542 ETFs · AUM: $163.38B
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▼ |
|---|---|---|---|
| YCS | ProShares - UltraShort Yen | $32.1M | $53.85 |
| ADBG | Leverage Shares 2x Long ADBE Daily ETF | $32.1M | $4.34 |
| UMDD | ProShares - UltraPro MidCap 400 | $32.0M | $32.50 |
| UGLDF | VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER | $31.9M | — |
| USLVF | VelocityShares 3x Long Silver ETN Linked to the S&P GSCI Silver Index ER | $31.6M | — |
| UXI | ProShares - Ultra Industrials | $31.3M | $55.66 |
| MRVU | Direxion Daily MRVL Bull 2X ETF | $30.9M | $82.06 |
| AMDG | Leverage Shares 2x Long AMD Daily ETF | $30.7M | $54.21 |
| UBOT | Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X ETF | $30.6M | $27.50 |
| DULL | MicroSectors Gold -3X Inverse Leveraged ETNs | $30.3M | $51.72 |
| SMHD | UBS ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN | $29.7M | $2.37 |
| EFO | ProShares - Ultra MSCI EAFE | $29.5M | $69.05 |
| NRGZ | MicroSectors U.S. Big Oil Index -2X Inverse Leveraged ETNs | $29.2M | — |
| DVYL | UBS ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN | $28.8M | — |
| SMST | Daily Target 1.5X Short MSTR ETF | $28.5M | $30.81 |
| ESUS | UBS AG, London Branch | $28.0M | $36.59 |
| EDZ | Direxion Daily MSCI Emerging Markets Bear 3X ETF | $27.8M | $20.58 |
| NBIG | Leverage Shares 2x Long NBIS Daily ETF | $27.5M | $13.57 |
| DLLL | GraniteShares 2x Long DELL Daily ETF | $27.1M | $59.40 |
| PLTG | Leverage Shares 2x Long PLTR Daily ETF | $26.9M | $14.60 |
| QTJL | Innovator Growth Accelerated Plus ETF | $26.8M | $41.28 |
| AIBU | Direxion Daily AI and Big Data Bull 2X ETF | $26.4M | $53.95 |
| SSG | ProShares - UltraShort Semiconductors | $26.4M | $17.13 |
| PYPG | Leverage Shares 2x Long PYPL Daily ETF | $26.3M | $7.09 |
| SAA | ProShares - Ultra SmallCap600 | $26.3M | $32.33 |
| PLTZ | Daily Target 2X Short PLTR ETF | $25.9M | $28.72 |
| CRMG | Leverage Shares 2x Long CRM Daily ETF | $25.6M | $5.78 |
| XTJL | Innovator U.S. Equity Accelerated Plus ETF | $25.2M | $40.30 |
| TARK | Tradr 2X Long Innovation ETF (TARK) | $25.0M | $44.62 |
| MEXX | Direxion Daily MSCI Mexico Bull 3X ETF | $24.8M | $31.16 |
| RUSS | Direxion Daily Russia Bear 3X Shares | $24.3M | — |
| UPW | ProShares - Ultra Utilities | $24.2M | $25.02 |
| RUSL | Direxion Daily Russia Bull 2X Shares | $24.2M | $2.58 |
| CRMX | Tradr 2X Long CRML Daily ETF | $23.9M | $30.18 |
| QQQD | Direxion Daily Magnificent 7 Bear 1X ETF | $23.2M | $12.74 |
| TSMG | Leverage Shares 2x Long TSM Daily ETF | $23.0M | $38.44 |
| AAPD | Direxion Daily AAPL Bear 1X ETF | $22.7M | $13.29 |
| NVDD | Direxion Daily NVDA Bear 1X ETF | $22.4M | $32.47 |
| NBIZ | Tradr 2X Short NBIS Daily ETF | $22.4M | $4.83 |
| XTAP | Innovator U.S. Equity Accelerated Plus ETF | $22.0M | $44.02 |
| SLON | ProShares - Ultra Solana ETF | $21.3M | $5.14 |
| RIOX | Daily Target 2X Long RIOT ETF | $21.2M | $31.96 |
| BDCL | UBS ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN | $21.0M | — |
| WANT | Direxion Daily Consumer Discretionary Bull 3X ETF | $20.9M | $45.35 |
| XTOC | Innovator U.S. Equity Accelerated Plus ETF | $20.9M | $34.85 |
| IREZ | Tradr 2X Short IREN Daily ETF | $20.8M | $12.86 |
| LINT | Direxion Daily INTC Bull 2X ETF | $20.6M | $108.40 |
| SMHB | ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B | $20.5M | $3.96 |
| HIBS | Direxion Daily S&P 500 High Beta Bear 3X ETF | $20.0M | $30.32 |
| HOOX | Daily Target 2X Long HOOD ETF | $19.8M | $27.16 |