Leveraged ETFs
542 ETFs · AUM: $196.15B
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▼ |
|---|---|---|---|
| PFFL | ETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN | $4.7M | $7.75 |
| SWAR | Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares | $4.7M | $11.32 |
| FINZ | ProShares UltraPro Short Financial Select Sector | $4.6M | — |
| USOD | United States 3x Short Oil Fund | $4.6M | — |
| LCDL | GraniteShares 2x Long LCID Daily ETF | $4.6M | $0.54 |
| SDP | ProShares - UltraShort Utilities | $4.5M | $22.88 |
| BOEG | Leverage Shares 2x Long BA Daily ETF | $4.5M | $14.14 |
| NEED | Direxion Daily Cnsmr Staples Bull 3XShrs | $4.4M | — |
| CPXR | USCF Daily Target 2X Copper Index ETF | $4.4M | $31.19 |
| URAX | Defiance Daily Target 2X Long Uranium ETF | $4.4M | $7.94 |
| BERZ | MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN | $4.4M | $24.61 |
| SMCZ | Daily Target 2X Short SMCI ETF | $4.3M | $9.31 |
| AALG | Leverage Shares 2x Long AAL Daily ETF | $4.3M | $13.30 |
| USML | ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN | $4.3M | $43.38 |
| SKYU | ProShares - Ultra Nasdaq Cloud Computing | $4.2M | $35.62 |
| TXXD | 21Shares 2x Long Dogecoin ETF | $4.2M | $4.79 |
| SPOG | Leverage Shares 2x Long SPOT Daily ETF | $4.1M | $7.25 |
| SMN | ProShares - UltraShort Materials | $4.1M | $20.91 |
| OKTG | Leverage Shares 2x Long OKTA Daily ETF | $4.0M | $21.57 |
| JETU | MAX Airlines 3X Leveraged ETNs | $3.8M | $32.56 |
| EVAV | Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares | $3.7M | — |
| NRGO | MicroSectors U.S. Big Oil Index 2X Leveraged ETNs | $3.7M | — |
| UBR | ProShares - Ultra MSCI Brazil Capped | $3.6M | $29.69 |
| KBAB | KraneShares 2X Long BABA Daily ETF | $3.5M | $7.45 |
| DGLDF | VelocityShares 3x Inverse Gold ETN Linked to the S&P GSCI Gold Index ER | $3.5M | — |
| GLGG | Leverage Shares 2x Long GLXY Daily ETF | $3.4M | $11.73 |
| XDOC | U.S. Equity Accelerated ETF | $3.4M | $33.91 |
| BABU | Direxion Daily BABA Bull 2X ETF | $3.4M | $10.49 |
| FCXG | Leverage Shares 2x Long FCX Daily ETF | $3.4M | $14.66 |
| LRET | UBS ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN | $3.4M | — |
| KLNE | Direxion Daily Global Clean Energy Bull 2X Shares | $3.3M | $6.28 |
| JETD | MAX Airlines -3X Inverse Leveraged ETNs | $3.3M | $2.90 |
| BZQ | ProShares - UltraShort MSCI Brazil Capped | $3.3M | $23.27 |
| ZETX | Daily Target 2X Long ZETA ETF | $3.2M | $19.25 |
| EEV | ProShares - UltraShort MSCI Emerging Markets | $3.2M | $11.43 |
| CRMU | Leverage Shares 2x Long CRML Daily ETF | $3.1M | $5.75 |
| ELIS | Direxion Daily LLY Bear 1X ETF | $3.1M | $19.27 |
| DOZR | Direxion Daily US Infrastructure Bull 2X Shares | $3.0M | $30.65 |
| EVEN | Direxion Daily S&P 500 Equal Weight Bull 2X Shares | $2.9M | $19.64 |
| SAGG | Direxion Daily Total Bond Market Bear 1X Shares | $2.9M | — |
| TBXU | Direxion Daily Biotech Top 5 Bull 2X ETF | $2.8M | $30.07 |
| MSDD | GraniteShares 2x Short MSTR Daily ETF | $2.8M | $47.82 |
| FNGZ | MicroSectors FANG+ Index -2X Inverse Leveraged ETN | $2.8M | $2.43 |
| HOML | UBS ETRACS Monthly Reset 2xLeveraged ISE Exclusively Homebuilders ETN | $2.8M | — |
| PASS | Direxion Daily Cnsmr Discret Bear 3XShrs | $2.8M | — |
| DSLV | VelocityShares 3x Inverse Silver ETN Linked to the S&P GSCI Silver Index ER | $2.8M | — |
| MUTE | Direxion Daily Communication Services Index Bear 3X Shares | $2.7M | — |
| FNTC | Direxion Daily Fintech Bull 2X Shares | $2.7M | $12.75 |
| TSMZ | Direxion Daily TSM Bear 1X ETF | $2.6M | $8.23 |
| HIMY | Leveraged Long + Income HIMS ETF | $2.6M | — |