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
Page 8 of 11
| Symbol▼ | Fund Name▼ | AUM▼ | Price▼ |
|---|---|---|---|
| SOFA | Direxion Daily SOFI Bull 2X ETF | $7.9M | $12.80 |
| XPP | ProShares - Ultra FTSE China 50 | $7.8M | $19.91 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | $7.5M | $14.54 |
| XOMX | Direxion Daily XOM Bull 2X ETF | $7.5M | $50.18 |
| QSU | Daily Target 2X Long QS ETF | $7.3M | $5.29 |
| KMLI | KraneShares 2x Long MELI Daily ETF | $7.2M | $9.93 |
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | $7.2M | $6.42 |
| QULL | ETRACS 2x Leveraged MSCI US Quality Factor TR ETN | $7.1M | $70.66 |
| IWDL | ETRACS 2x Leveraged US Value Factor TR ETN | $7.0M | $70.24 |
| ORCS | Direxion Daily ORCL Bear 1X ETF | $7.0M | $28.38 |
| ARCX | Tradr 2X Long ACHR Daily ETF | $6.9M | $12.53 |
| IWML | ETRACS 2x Leveraged US Size Factor TR ETN | $6.9M | $34.49 |
| BERZ | MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN | $6.8M | $19.00 |
| METD | Direxion Daily META Bear 1X ETF | $6.7M | $14.68 |
| MIDZ | Direxion Daily Mid Cap Bear 3X Shares | $6.6M | — |
| SIJ | ProShares UltraShort Industrials | $6.6M | $17.95 |
| QBTZ | Defiance Daily Target 2X Short QBTS ETF | $6.5M | $17.42 |
| AAPX | T-REX 2X Long Apple Daily Target ETF | $6.5M | $40.13 |
| AIBD | Direxion Daily AI and Big Data Bear 2X ETF | $6.5M | $47.36 |
| BAIG | Leverage Shares 2x Long BBAI Daily ETF | $6.4M | $13.84 |
| RCAX | Daily Target 2X Long RCAT ETF | $6.4M | $13.35 |
| PDDL | GraniteShares 2x Long PDD Daily ETF | $6.3M | $10.89 |
| TAWK | Direxion Daily Communication Services Index Bull 3X Shares | $6.2M | — |
| IWFL | ETRACS 2x Leveraged US Growth Factor TR ETN | $6.1M | $61.43 |
| SCC | ProShares UltraShort Consumer Discretionary | $6.0M | $15.58 |
| EUFL | Direxion Daily MSCI European Financials Bull 2X Shares | $5.9M | — |
| BOEG | Leverage Shares 2X Long BA Daily ETF | $5.9M | $12.14 |
| BABU | Direxion Daily BABA Bull 2X ETF | $5.9M | $9.19 |
| FLYU | MicroSectors Travel 3x Leveraged ETN | $5.8M | $36.82 |
| FXP | ProShares - UltraShort FTSE China 50 | $5.7M | $21.19 |
| OOTO | Direxion Daily Travel & Vacation Bull 2X Shares | $5.7M | $18.87 |
| CONX | Direxion Daily COIN Bull 2X ETF | $5.6M | $6.40 |
| SILX | ETFMG Prime 2x Daily Junior Silver Miners ETF | $5.5M | $1.75 |
| SKYU | ProShares - Ultra Nasdaq Cloud Computing | $5.5M | $48.70 |
| QQXL | ProShares - Ultra QQQ Top 30 | $5.4M | $55.10 |
| HDLB | ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B | $5.4M | $17.01 |
| CLDL | Direxion Daily Cloud Computing Bull 2X Shares | $5.3M | $14.14 |
| ZETX | Daily Target 2X Long ZETA ETF | $5.2M | $39.60 |
| TIPL | Direxion Daily TIPS Bull 2X Shares | $5.2M | $20.39 |
| EWV | ProShares UltraShort MSCI Japan | $5.1M | $15.73 |
| LMBO | Direxion Daily Crypto Industry Bull 2X ETF | $5.0M | $18.51 |
| RKLZ | Defiance Daily Target 2X Short RKLB ETF | $4.9M | $20.31 |
| LTL | ProShares Ultra Communication Services | $4.8M | $24.66 |
| SZK | ProShares - UltraShort Consumer Staples | $4.8M | $22.10 |
| MPL | Defiance Daily Target 2X Long MP ETF | $4.7M | $16.00 |
| USML | ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN | $4.7M | $47.26 |
| MPG | Leverage Shares 2x Long MP Daily ETF | $4.7M | $4.30 |
| SWAR | Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares | $4.7M | $11.32 |
| FCXG | Leverage Shares 2x Long FCX Daily ETF | $4.6M | $15.42 |
| PLTA | ProShares - Ultra PLTR | $4.6M | $17.33 |