Leveraged ETFs
542 ETFs · AUM: $187.38B
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▼ |
|---|---|---|---|
| TQQQ | ProShares - UltraPro QQQ | $36.24B | $77.38 |
| SOXL | Direxion Daily Semiconductor Bull 3X ETF | $25.15B | $236.05 |
| QLD | ProShares - Ultra QQQ | $13.54B | $93.30 |
| SSO | ProShares - Ultra S&P500 | $7.82B | $66.36 |
| TECL | Direxion Daily Technology Bull 3X ETF | $6.31B | $215.50 |
| SPXL | Direxion Daily S&P 500 Bull 3X ETF | $6.28B | $265.30 |
| MUU | Direxion Daily MU Bull 2X ETF | $5.45B | $844.62 |
| UPRO | ProShares - UltraPro S&P500 | $5.12B | $139.02 |
| TSLL | Direxion Daily TSLA Bull 2X ETF | $4.68B | $13.43 |
| BULZ | MicroSectors Solactive FANG & Innovation 3X Leveraged ETN | $4.61B | $40.35 |
| NVDL | GraniteShares 2x Long NVDA Daily ETF | $4.13B | $94.73 |
| USD | ProShares - Ultra Semiconductors | $2.89B | $97.85 |
| FNGU | MicroSectors FANG+ 3 Leveraged ETNs | $2.66B | $26.21 |
| TMF | Direxion Daily 20+ Year Treasury Bull 3X ETF | $2.41B | $35.12 |
| SNXX | Tradr 2X Long SNDK Daily ETF | $2.30B | $35.99 |
| FAS | Direxion Daily Financial Bull 3X ETF | $2.10B | $144.55 |
| SOXS | Direxion Daily Semiconductor Bear 3X ETF | $2.02B | $4.68 |
| SQQQ | ProShares - UltraPro Short QQQ | $1.96B | $40.09 |
| AGQ | ProShares - Ultra Silver | $1.40B | $90.32 |
| TNA | Direxion Daily Small Cap Bull 3X ETF | $1.34B | $69.93 |
| KORU | Direxion Daily MSCI South Korea Bull 3X ETF | $1.33B | $832.65 |
| GGLL | Direxion Daily GOOGL Bull 2X ETF | $1.27B | $117.17 |
| GDXU | MicroSectors Gold Miners 3X Leveraged ETN | $1.27B | $106.48 |
| ROM | ProShares - Ultra Technology | $1.25B | $147.05 |
| SCO | ProShares - UltraShort Bloomberg Crude Oil | $1.13B | $27.89 |
| AMDL | GraniteShares 2x Long AMD Daily ETF | $1.13B | $66.67 |
| MVLL | GraniteShares 2x Long MRVL Daily ETF | $1.09B | $167.91 |
| MULL | GraniteShares 2x Long MU Daily ETF | $1.05B | $734.63 |
| NUGT | Direxion Daily Gold Miners Index Bull 2X ETF | $827.8M | $133.38 |
| UDOW | ProShares - UltraPro Dow30 | $808.4M | $66.15 |
| BITX | Volatility Shares Trust - 2x Bitcoin Strategy ETF | $796.0M | $12.32 |
| MSFU | Direxion Daily MSFT Bull 2X ETF | $785.7M | $24.66 |
| UYG | ProShares - Ultra Financials | $718.0M | $84.32 |
| ETHU | 2x Ether ETF | $710.5M | $13.02 |
| FNGO | MicroSectors FANG+ Index 2X Leveraged ETNs | $687.2M | $127.89 |
| YINN | Direxion Daily FTSE China Bull 3X ETF | $660.8M | $29.77 |
| NVDU | Direxion Daily NVDA Bull 2X ETF | $660.7M | $126.26 |
| UGL | ProShares - Ultra Gold | $655.9M | $48.37 |
| INTW | GraniteShares 2x Long INTC Daily ETF | $650.9M | $339.64 |
| NAIL | Direxion Daily Homebuilders & Supplies Bull 3X ETF | $650.8M | $43.36 |
| IRE | Daily Target 2X Long IREN ETF | $601.4M | $30.23 |
| SVOL | Simplify Volatility Premium ETF | $544.3M | $15.91 |
| TSMX | Direxion Daily TSM Bull 2X ETF | $541.8M | $84.58 |
| CONL | GraniteShares 2x Long COIN Daily ETF | $532.2M | $5.29 |
| DDM | ProShares - Ultra Dow30 | $513.1M | $63.00 |
| NVDX | T-REX 2X Long NVIDIA Daily Target ETF | $511.7M | $17.98 |
| LABU | Direxion Daily S&P Biotech Bull 3X ETF | $489.3M | $179.09 |
| PLTU | Direxion Daily PLTR Bull 2X Shares | $482.8M | $31.36 |
| UWT | VelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New | $480.4M | — |
| METU | Direxion Daily META Bull 2X ETF | $470.3M | $20.72 |