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
LBJDirexion Daily Latin America Bull 2X Shares$13.0M$60.40
BNKZMicroSectors U.S. Big Banks Index -2X Inverse Leveraged ETNs$12.8M
MLPZUBS ETRACS 2xMonthly Leveraged S&P MLP Index ETN Series B$12.7M
ASMUDirexion Daily ASML Bull 2X ETF$12.3M$29.34
GGLSDirexion Daily GOOGL Bear 1X ETF$12.3M$59.50
NETGLeverage Shares 2x Long NET Daily ETF$12.2M$18.80
UUUGLeverage Shares 2x Long UUUU Daily ETF$12.0M$3.68
CONIGraniteShares 2x Short COIN Daily ETF$12.0M$31.25
SATGLeverage Shares 2X Long SATS Daily ETF$12.0M$11.08
GEVGLeverage Shares 2x Long GEV Daily ETF$11.9M$22.45
TYODirexion Daily 7-10 Year Treasury Bear 3X ETF$11.6M$15.61
EZJProShares - Ultra MSCI Japan$11.6M$71.20
SKFProShares UltraShort Financials$11.5M$23.08
AVXXDefiance Daily Target 2X Long AVAV ETF$11.3M$22.41
DPKDirexion Daily MSCI Developed Markets Bear 3X Shares$11.2M
HODUDirexion Daily HOOD Bull 2X ETF$11.1M$13.62
PSTProShares UltraShort 7-10 Year Treasury$11.0M$24.47
RVNLGraniteShares 2x Long RIVN Daily ETF$10.8M$25.16
DGLDVelocityShares 3x Inverse Gold ETN Linked to the S&P GSCI Gold Index ER$10.6M
AMJLCredit Suisse X-Links Monthly Pay 2xLeveraged Alerian MLP Index ETN$10.6M
SMCZDaily Target 2X Short SMCI ETF$10.6M$5.37
MSFDDirexion Daily MSFT Bear 1X ETF$10.5M$10.36
UGEProShares - Ultra Consumer Staples$10.3M$18.48
PYPGLeverage Shares 2x Long PYPL Daily ETF$10.1M$7.27
CIFGLeverage Shares 2x Long CIFR Daily ETF$10.1M$4.30
ISULGraniteShares 2x Long ISRG Daily ETF$10.1M$13.74
OSCXDefiance Daily Target 2X Long OSCR ETF$10.1M$39.39
EPVProShares UltraShort FTSE Europe$10.0M$17.87
PANGLeverage Shares 2x Long PANW Daily ETF$10.0M$27.16
IONZDefiance Daily Target 2x Short IONQ ETF$9.9M$31.01
COIGLeverage Shares 2x Long COIN Daily ETF$9.9M$5.19
SDYLUBS ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN$9.7M
DZKDirexion Daily MSCI Developed Markets Bull 3X Shares$9.6M
SCDLETRACS 2x Leveraged US Dividend Factor TR ETN$9.2M$61.65
EOSUT-REX 2X Long EOSE Daily Target ETF$9.0M$7.68
UCYBProShares - Ultra Nasdaq Cybersecurity$8.9M$81.30
USAXTradr 2X Long USAR Daily ETF$8.8M$8.47
BULGLeverage Shares 2x Long BULL Daily ETF$8.8M$56.61
MTULETRACS 2x Leveraged MSCI US Momentum Factor TR ETN$8.7M$58.07
PLUDaily Target 2X Long PL ETF$8.6M$4.82
FIGGLeverage Shares 2x Long FIG Daily ETF$8.5M$19.08
FINUProShares UltraPro Financial Select Sector$8.4M
UCCProShares - Ultra Consumer Discretionary$8.4M$43.67
CRMXTradr 2X Long CRML Daily ETF$8.3M$4.26
COPZDefiance Daily Target 2X Long Copper Miners ETF$8.3M$16.82
MNMDirexion Daily Metals & Mining Bull 2X Shares$8.3M$29.16
COTGLeverage Shares 2X Long COST Daily ETF$8.2M$11.57
TERGLeverage Shares 2X Long TER Daily ETF$8.1M$40.44
BTFLDaily Target 2X Long BITF ETF$8.0M$47.28
SOUXDaily Target 2X Long SOUN ETF$7.9M$9.36
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