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▼
CPXRUSCF Daily Target 2X Copper Index ETF$12.1M$30.84
FIGGLeverage Shares 2x Long FIG Daily ETF$12.1M$17.32
SATGLeverage Shares 2X Long SATS Daily ETF$12.0M$11.08
TARKTradr 2X Long Innovation ETF$11.8M$45.91
IONZDefiance Daily Target 2x Short IONQ ETF$11.5M$32.77
AMZDDirexion Daily AMZN Bear 1X ETF$11.3M$8.68
DPKDirexion Daily MSCI Developed Markets Bear 3X Shares$11.2M—
ISULGraniteShares 2x Long ISRG Daily ETF$11.2M$19.77
SMSTDefiance Daily Target 2x Short MSTR ETF$11.1M$14.12
EZJProShares - Ultra MSCI Japan$11.0M$64.58
EPVProShares UltraShort FTSE Europe$11.0M$18.94
PSTProShares UltraShort 7-10 Year Treasury$10.9M$24.38
METDDirexion Daily META Bear 1X ETF$10.7M$14.77
COTGLeverage Shares 2X Long COST Daily ETF$10.6M$13.72
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—
CIFGLeverage Shares 2x Long CIFR Daily ETF$10.3M$0.90
MSFDDirexion Daily MSFT Bear 1X ETF$10.3M$9.65
TYODirexion Daily 7-10 Year Treasury Bear 3X ETF$10.3M$14.83
UGEProShares - Ultra Consumer Staples$10.3M$20.26
AVXXDefiance Daily Target 2X Long AVAV ETF$10.2M$15.93
LUNLDaily Target 2X Long LUNR ETF$10.1M$1.83
HOOXDaily Target 2X Long HOOD ETF$10.1M$25.21
GEVGLeverage Shares 2x Long GEV Daily ETF$10.0M$17.81
ANELDefiance Daily Target 2X Long ANET ETF$9.9M$21.37
XOMXDirexion Daily XOM Bull 2X ETF$9.9M$59.24
SKFProShares UltraShort Financials$9.8M$23.95
SDYLUBS ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN$9.7M—
DZKDirexion Daily MSCI Developed Markets Bull 3X Shares$9.6M—
HODUDirexion Daily HOOD Bull 2X ETF$9.5M$9.19
ASMUDirexion Daily ASML Bull 2X ETF$9.5M$25.41
CSCLDirexion Daily CSCO Bull 2X ETF$9.3M$51.46
SCDLETRACS 2x Leveraged US Dividend Factor TR ETN$9.2M$61.65
AAPXT-REX 2X Long Apple Daily Target ETF$9.1M$42.34
UCCProShares - Ultra Consumer Discretionary$8.7M$44.28
MTULETRACS 2x Leveraged MSCI US Momentum Factor TR ETN$8.7M$58.07
CONIGraniteShares 2x Short COIN Daily ETF$8.5M$31.00
FINUProShares UltraPro Financial Select Sector$8.4M—
LULGLeverage Shares 2x Long LULU Daily ETF$8.3M$4.25
MNMDirexion Daily Metals & Mining Bull 2X Shares$8.3M$29.16
COIGLeverage Shares 2x Long COIN Daily ETF$8.2M$3.97
SOFADirexion Daily SOFI Bull 2X ETF$8.1M$10.75
BTFLDaily Target 2X Long BITF ETF$8.0M$47.28
OKTGLeverage Shares 2x Long OKTA Daily ETF$8.0M$61.11
PANGLeverage Shares 2x Long PANW Daily ETF$7.4M$36.51
BERZMicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN$7.4M$19.75
ORCSDirexion Daily ORCL Bear 1X ETF$7.4M$31.68
UUUGLeverage Shares 2x Long UUUU Daily ETF$7.2M$1.29
QULLETRACS 2x Leveraged MSCI US Quality Factor TR ETN$7.1M$70.66
IWDLETRACS 2x Leveraged US Value Factor TR ETN$7.0M$70.24
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