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▼
ONDLDaily Target 2X Long ONDS ETF$19.5M$3.58
RDWUETF Opportunities Trust - T-REX 2X Long RDW Daily Target ETF$19.1M$3.51
WANTDirexion Daily Consumer Discretionary Bull 3X ETF$19.0M$37.39
DULLMicroSectors Gold -3X Inverse Leveraged ETNs$19.0M$71.84
AAPBGraniteShares 2x Long AAPL Daily ETF$18.9M$45.95
XTAPInnovator U.S. Equity Accelerated Plus ETF$18.8M$46.96
OSCXDefiance Daily Target 2X Long OSCR ETF$18.5M$32.72
NVDDDirexion Daily NVDA Bear 1X ETF$18.5M$30.32
DVHLUBS ETRACS Monthly Pay 2xLeveraged Diversified High Income ETN$18.2M—
LMLPUBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN$17.9M—
XTOCInnovator U.S. Equity Accelerated Plus ETF$17.7M$37.40
SMHBETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B$17.5M$3.31
GASXDirexion Daily Natural Gas Related Bear 3X Shares$17.3M—
GOUGraniteShares 2x Long GOOG Daily ETF$17.2M$21.17
HDLVUBS ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN$17.1M—
SRSProShares - UltraShort Real Estate$17.0M$42.45
XTJLInnovator U.S. Equity Accelerated Plus ETF - July$17.0M$42.69
TPORDirexion Daily Transportation Bull 3X ETF$16.9M$32.21
XTJAInnovator U.S. Equity Accelerated Plus ETF$16.8M$35.26
MSTPGraniteShares 2x Long MSTR Daily ETF$16.5M$22.50
CIFUT-REX 2X Long CIFR Daily Target ETF$16.4M$1.99
CLDSDirexion Daily Cloud Computing Bear 2X Shares$16.1M$38.51
USTProShares - Ultra 7-10 Year Treasury$16.0M$39.49
PILLDirexion Daily Pharmaceutical & Medical Bull 3X ETF$15.8M$14.00
MJOMicroSectors Cannabis 2X Leveraged ETNs$15.4M$81.16
PYPGLeverage Shares 2x Long PYPL Daily ETF$15.2M$7.34
QTOCInnovator Growth Accelerated Plus ETF - October$15.1M$38.38
UBIOProShares UltraPro Nasdaq Biotechnology$15.1M—
RGTZDefiance Daily Target 2X Short RGTI ETF$15.0M$25.87
MEXXDirexion Daily MSCI Mexico Bull 3X ETF$15.0M$27.26
FUTGLeverage Shares 2x Long FUTU Daily ETF$14.7M$3.26
HZRZFBetaPro Canadian Gold Miners -2x Daily Bear ETF$14.5M—
TSXUDirexion Daily Semiconductors Top 5 Bull 2X ETF$14.4M$48.08
LNOKDaily Target 2X Long NOK ETF$14.4M$11.00
IREZTradr 2X Short IREN Daily ETF$14.2M$21.01
UPVProShares Ultra FTSE Europe$14.0M$92.22
CHADDirexion Daily CSI 300 China A Share Bear 1X Shares$13.8M$9.99
KPDDKraneShares 2X Long PDD Daily ETF$13.6M$4.85
USOUUnited States 3x Oil Fund$13.3M—
BNKOMicroSectors U.S. Big Banks Index 2X Leveraged ETNs$13.3M—
LBJDirexion Daily Latin America Bull 2X Shares$13.0M$60.40
BNKZMicroSectors U.S. Big Banks Index -2X Inverse Leveraged ETNs$12.8M—
BOEGLeverage Shares 2X Long BA Daily ETF$12.7M$9.38
MLPZUBS ETRACS 2xMonthly Leveraged S&P MLP Index ETN Series B$12.7M—
UPWProShares Ultra Utilities$12.6M$20.69
TERGLeverage Shares 2X Long TER Daily ETF$12.5M$25.15
GGLSDirexion Daily GOOGL Bear 1X ETF$12.5M$63.14
UCYBProShares - Ultra Nasdaq Cybersecurity$12.4M$103.93
RIOXDaily Target 2X Long RIOT ETF$12.4M$8.51
RVNLGraniteShares 2x Long RIVN Daily ETF$12.3M$12.20
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