Leveraged ETFs

542 ETFs · AUM: $175.41B

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
TQQQProShares UltraPro QQQ$35.29B$70.09
SOXLDirexion Daily Semiconductor Bull 3X ETF$20.27B$115.61
QLDProShares - Ultra QQQ$13.79B$88.66
SSOProShares - Ultra S&P500$8.35B$70.08
SPXLDirexion Daily S&P 500 Bull 3X Shares$6.75B$286.19
TECLDirexion Daily Technology Bull 3X ETF$5.66B$191.15
UPROProShares - UltraPro S&P500$5.45B$149.75
BULZMicroSectors Solactive FANG & Innovation 3X Leveraged ETN$4.61B$35.61
MUUDirexion Daily MU Bull 2X ETF$4.13B$29.79
NVDLGraniteShares 2x Long NVDA Daily ETF$3.81B$32.05
TSLLDirexion Daily TSLA Bull 2X ETF$3.56B$8.78
USDProShares Ultra Semiconductors$2.68B$81.11
FNGUMicroSectors FANG+ 3 Leveraged ETNs$2.66B$31.25
FASDirexion Daily Financial Bull 3X ETF$2.29B$184.35
SNXXTradr 2X Long SNDK Daily ETF$2.23B$13.20
TMFDirexion Daily 20+ Year Treasury Bull 3X ETF$2.20B$31.72
SQQQProShares - UltraPro Short QQQ$1.89B$39.58
AGQProShares - Ultra Silver$1.67B$86.67
KORUDirexion Daily MSCI South Korea Bull 3X ETF$1.52B$20.76
NUGTDirexion Daily Gold Miners Index Bull 2X ETF$1.40B$206.15
SOXSDirexion Daily Semiconductor Bear 3X ETF$1.29B$48.64
TNADirexion Daily Small Cap Bull 3X ETF$1.28B$71.94
GDXUMicroSectors Gold Miners 3X Leveraged ETN$1.27B$183.47
ROMProShares - Ultra Technology$1.22B$139.13
GGLLDirexion Daily GOOGL Bull 2X ETF$969.8M$100.18
UGLProShares - Ultra Gold$918.7M$56.70
AMDLGraniteShares 2x Long AMD Daily ETF$907.0M$51.63
BITX2x Bitcoin Strategy ETF$906.2M$17.63
UDOWProShares - UltraPro Dow30$845.4M$73.56
UYGProShares - Ultra Financials$816.4M$99.48
ETHU2x Ether ETF$740.2M$26.17
SCOProShares - UltraShort Bloomberg Crude Oil$696.1M$25.20
FNGOMicroSectors FANG+ Index 2X Leveraged ETNs$687.2M$146.51
YINNDirexion Daily FTSE China Bull 3X Shares$681.8M$29.75
LABUDirexion Daily S&P Biotech Bull 3X Shares$645.8M$324.92
JNUGDirexion Daily Junior Gold Miners Index Bull 2X ETF$622.4M$209.09
MSFUDirexion Daily MSFT Bull 2X Shares$600.5M$37.40
TSMXDirexion Daily TSM Bull 2X ETF$581.6M$76.51
MULLGraniteShares 2x Long MU Daily ETF$580.5M$20.79
CONLGraniteShares 2x Long COIN Daily ETF$579.6M$5.87
DDMProShares - Ultra Dow30$568.8M$67.89
NAILDirexion Daily Homebuilders & Supplies Bull 3X ETF$541.1M$40.02
NVDUDirexion Daily NVDA Bull 2X ETF$541.1M$127.57
SVOLSimplify Volatility Premium ETF$532.7M$16.23
UWTVelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New$480.4M
SPXUProShares - UltraPro Short S&P500$451.1M$34.77
PLTUDirexion Daily PLTR Bull 2X Shares$446.7M$50.87
BITUProShares - Ultra Bitcoin ETF$445.9M$13.66
MSTUT-REX 2X Long MSTR Daily Target ETF$432.3M$28.20
METUDirexion Daily META Bull 2X ETF$431.8M$20.28
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