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▼ |
|---|---|---|---|
| PLTA | ProShares - Ultra PLTR | $7.3M | $15.78 |
| KMLI | KraneShares 2x Long MELI Daily ETF | $7.3M | $10.55 |
| MPL | Daily Target 2X Long MP ETF | $7.0M | $24.44 |
| DUOG | Leverage Shares 2x Long DUOL Daily ETF | $6.9M | $3.39 |
| ANEL | Defiance Daily Target 2X Long ANET ETF | $6.8M | $24.40 |
| MTUL | ETRACS 2x Leveraged MSCI US Momentum Factor TR ETN | $6.7M | $43.88 |
| MIDZ | Direxion Daily Mid Cap Bear 3X Shares | $6.6M | — |
| NETG | Leverage Shares 2x Long NET Daily ETF | $6.4M | $12.18 |
| SIJ | ProShares - UltraShort Industrials | $6.3M | $9.07 |
| LMNX | Daily Target 2X Long LMND ETF | $6.3M | $18.89 |
| TAWK | Direxion Daily Communication Services Index Bull 3X Shares | $6.2M | — |
| SCC | ProShares - UltraShort Consumer Discretionary | $6.1M | $14.42 |
| ASMU | Direxion Daily ASML Bull 2X ETF | $6.1M | $23.99 |
| ISUL | GraniteShares 2x Long ISRG Daily ETF | $6.0M | $24.77 |
| QULL | ETRACS 2x Leveraged MSCI US Quality Factor TR ETN | $6.0M | $60.41 |
| EUFL | Direxion Daily MSCI European Financials Bull 2X Shares | $5.9M | — |
| ULE | ProShares - Ultra Euro | $5.9M | $13.01 |
| NFXS | Direxion Daily NFLX Bear 1X ETF | $5.9M | $17.03 |
| QQXL | ProShares - Ultra QQQ Top 30 | $5.8M | $49.75 |
| IWML | ETRACS 2x Leveraged US Size Factor TR ETN | $5.8M | $28.77 |
| OOTO | Direxion Daily Travel & Vacation Bull 2X Shares | $5.7M | $18.87 |
| ONDU | Tradr 2X Long ONDS Daily ETF | $5.6M | $11.99 |
| IWFL | ETRACS 2x Leveraged US Growth Factor TR ETN | $5.6M | $55.79 |
| IWDL | ETRACS 2x Leveraged US Value Factor TR ETN | $5.6M | $52.93 |
| SILX | ETFMG Prime 2x Daily Junior Silver Miners ETF | $5.5M | $1.75 |
| FXP | ProShares - UltraShort FTSE China 50 | $5.5M | $19.70 |
| HDLB | ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B | $5.5M | $16.59 |
| LCDL | GraniteShares 2x Long LCID Daily ETF | $5.4M | $0.83 |
| CLDL | Direxion Daily Cloud Computing Bull 2X Shares | $5.3M | $14.14 |
| QCMU | Direxion Daily QCOM Bull 2X ETF | $5.2M | $19.31 |
| TIPL | Direxion Daily TIPS Bull 2X Shares | $5.2M | $20.39 |
| CARU | MAX Auto Industry 3X Leveraged ETN | $5.1M | $24.65 |
| COTG | Leverage Shares 2x Long COST Daily ETF | $5.1M | $14.90 |
| LMBO | Direxion Daily Crypto Industry Bull 2X ETF | $5.0M | $18.51 |
| TEXU | Direxion Daily Energy Top 5 Bull 2X ETF | $4.9M | $39.52 |
| PFFL | ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN | $4.9M | $8.17 |
| GOU | GraniteShares 2x Long GOOG Daily ETF | $4.9M | $29.10 |
| BOEG | Leverage Shares 2x Long BA Daily ETF | $4.8M | $15.96 |
| UBR | ProShares - Ultra MSCI Brazil Capped | $4.8M | $39.70 |
| CSCL | Direxion Daily CSCO Bull 2X ETF | $4.8M | $36.90 |
| SZK | ProShares - UltraShort Consumer Staples | $4.8M | $11.35 |
| SDP | ProShares - UltraShort Utilities | $4.7M | $10.44 |
| SWAR | Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares | $4.7M | $11.32 |
| PANG | Leverage Shares 2x Long PANW Daily ETF | $4.6M | $9.87 |
| FINZ | ProShares UltraPro Short Financial Select Sector | $4.6M | — |
| USOD | United States 3x Short Oil Fund | $4.6M | — |
| NEED | Direxion Daily Cnsmr Staples Bull 3XShrs | $4.4M | — |
| CPXR | USCF Daily Target 2X Copper Index ETF | $4.4M | $28.46 |
| URAX | Defiance Daily Target 2X Long Uranium ETF | $4.4M | $7.94 |
| AIBD | Direxion Daily AI and Big Data Bear 2X ETF | $4.4M | $6.52 |