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
FINZProShares UltraPro Short Financial Select Sector$4.6M
USODUnited States 3x Short Oil Fund$4.6M
FDRXCorgi ETF Trust I - Founder-Led 2x Daily ETF$4.5M$22.46
MZZProShares - UltraShort MidCap400$4.5M$6.23
SDPProShares - UltraShort Utilities$4.5M$24.62
TEXUDirexion Daily Energy Top 5 Bull 2X ETF$4.5M$45.20
JETDMAX Airlines -3X Inverse Leveraged ETNs$4.5M$3.25
ULEProShares - Ultra Euro$4.5M$12.78
NEEDDirexion Daily Cnsmr Staples Bull 3XShrs$4.4M
URAXDefiance Daily Target 2X Long Uranium ETF$4.4M$7.94
JETUMAX Airlines 3X Leveraged ETNs$4.4M$24.98
PFFLETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN$4.3M$7.20
TTXUDirexion Daily Technology Top 5 Bull 2X ETF$4.3M$34.79
TSLIProShares - Ultra TSLA$4.1M$18.16
SMNProShares - UltraShort Materials$4.1M$20.38
TXXD21Shares 2x Long Dogecoin ETF$4.1M$40.64
LCDLGraniteShares 2x Long LCID Daily ETF$4.1M$0.29
LMNXDaily Target 2X Long LMND ETF$4.0M$9.20
PATXTradr 2X Long PATH Daily ETF$3.9M$10.96
SPOGLeverage Shares 2x Long SPOT Daily ETF$3.9M$7.83
WTIDMicroSectors Energy 3X Inverse Leveraged ETNs$3.9M$2.55
ONDUTradr 2X Long ONDS Daily ETF$3.8M$3.38
NVDBProShares - Ultra NVDA$3.8M$31.77
CARUMAX Auto Industry 3X Leveraged ETN$3.8M$21.83
EVAVDirexion Daily Electric and Autonomous Vehicles Bull 2X Shares$3.7M
NRGOMicroSectors U.S. Big Oil Index 2X Leveraged ETNs$3.7M
REWProShares - UltraShort Technology$3.7M$11.31
DUOGLeverage Shares 2x Long DUOL Daily ETF$3.6M$54.00
NFXSDirexion Daily NFLX Bear 1X ETF$3.5M$19.69
DGLDFVelocityShares 3x Inverse Gold ETN Linked to the S&P GSCI Gold Index ER$3.5M
OKTGLeverage Shares 2x Long OKTA Daily ETF$3.4M$37.60
XDOCU.S. Equity Accelerated ETF$3.4M$33.91
TXXS21Shares 2x Long Sui ETF$3.4M$20.44
LRETUBS ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN$3.4M
KLNEDirexion Daily Global Clean Energy Bull 2X Shares$3.3M$6.28
UBRProShares - Ultra MSCI Brazil Capped$3.3M$34.72
RXDProShares - UltraShort Health Care$3.3M$15.65
ELISDirexion Daily LLY Bear 1X ETF$3.1M$19.27
DOZRDirexion Daily US Infrastructure Bull 2X Shares$3.0M$30.65
AALGLeverage Shares 2x Long AAL Daily ETF$3.0M$10.09
RTXGLeverage Shares 2x Long RTX Daily ETF$3.0M$23.57
EVENDirexion Daily S&P 500 Equal Weight Bull 2X Shares$2.9M$19.64
TBXUDirexion Daily Biotech Top 5 Bull 2X ETF$2.9M$38.53
SAGGDirexion Daily Total Bond Market Bear 1X Shares$2.9M
EEVProShares - UltraShort MSCI Emerging Markets$2.9M$10.54
FNGZMicroSectors FANG+ Index -2X Inverse Leveraged ETN$2.8M$2.43
HOMLUBS ETRACS Monthly Reset 2xLeveraged ISE Exclusively Homebuilders ETN$2.8M
PALDDirexion Daily PANW Bear 1X ETF$2.8M$11.55
PASSDirexion Daily Cnsmr Discret Bear 3XShrs$2.8M
DSLVVelocityShares 3x Inverse Silver ETN Linked to the S&P GSCI Silver Index ER$2.8M
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