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

Page 7 of 11

SymbolFund NameAUMPrice
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
GGLSDirexion Daily GOOGL Bear 1X ETF$12.6M$5.95
EOSUT-REX 2X Long EOSE Daily Target ETF$12.6M$43.44
MSTPGraniteShares 2x Long MSTR Daily ETF$12.4M$2.54
PLUDaily Target 2X Long PL ETF$12.4M$36.48
QCMLGraniteShares 2x Long QCOM Daily ETF$12.3M$15.50
PALUDirexion Daily PANW Bull 2X ETF$12.2M$16.01
GEVGLeverage Shares 2x Long GEV Daily ETF$11.7M$35.21
OILDMicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN$11.6M$43.55
LNOKDaily Target 2X Long NOK ETF$11.5M$50.16
XPPProShares - Ultra FTSE China 50$11.4M$23.03
DPKDirexion Daily MSCI Developed Markets Bear 3X Shares$11.2M
PSTProShares - UltraShort 7-10 Year Treasury$11.2M$22.51
RVNLGraniteShares 2x Long RIVN Daily ETF$10.9M$34.64
TYODirexion Daily 7-10 Year Treasury Bear 3X ETF$10.8M$13.65
RCAXDaily Target 2X Long RCAT ETF$10.7M$9.95
ARCXTradr 2X Long ACHR Daily ETF$10.7M$18.46
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
AVXXDefiance Daily Target 2X Long AVAV ETF$10.2M$11.54
WEBSDirexion Daily Dow Jones Internet Bear 3X ETF$9.8M$20.37
SDYLUBS ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN$9.7M
AAPXT-REX 2X Long Apple Daily Target ETF$9.7M$27.91
DZKDirexion Daily MSCI Developed Markets Bull 3X Shares$9.6M
BULGLeverage Shares 2x Long BULL Daily ETF$9.4M$43.71
NVDBProShares - Ultra NVDA$9.3M$34.75
PDDLGraniteShares 2x Long PDD Daily ETF$9.3M$19.86
IREGLeverage Shares 2x Long IREN Daily ETF$9.2M$17.99
ORCSDirexion Daily ORCL Bear 1X ETF$9.1M$28.19
HODUDirexion Daily HOOD Bull 2X ETF$8.8M$9.81
TERGLeverage Shares 2x Long TER Daily ETF$8.8M$66.44
ONGDirexion Daily Oil Services Bull 2X Shares$8.8M$28.98
FINUProShares UltraPro Financial Select Sector$8.4M
FUTGLeverage Shares 2x Long FUTU Daily ETF$8.4M$12.43
MNMDirexion Daily Metals & Mining Bull 2X Shares$8.3M$29.16
SMCZDaily Target 2X Short SMCI ETF$8.1M$26.55
SKRETuttle Capital Daily 2X Inverse Regional Banks ETF$8.1M$7.35
LTLProShares - Ultra Communication Services$8.0M$26.80
COIGLeverage Shares 2x Long COIN Daily ETF$8.0M$8.55
RDWUETF Opportunities Trust - T-REX 2X Long RDW Daily Target ETF$8.0M$8.89
FIGGLeverage Shares 2x Long FIG Daily ETF$8.0M$0.75
TSXUDirexion Daily Semiconductors Top 5 Bull 2X ETF$7.9M$41.92
UJBProShares - Ultra High Yield$7.9M$78.82
FLYUMicroSectors Travel 3x Leveraged ETN$7.9M$41.52
SCDLETRACS 2x Leveraged US Dividend Factor TR ETN$7.7M$51.07
OSCXDefiance Daily Target 2X Long OSCR ETF$7.5M$42.63
METDDirexion Daily META Bear 1X ETF$7.5M$14.84
XOMXDirexion Daily XOM Bull 2X ETF$7.5M$42.26
EWVProShares - UltraShort MSCI Japan$7.4M$20.70
PreviousPage 7 of 11Next

Frequently Asked Questions