Leveraged ETFs

542 ETFs · AUM: $194.26B

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▼
TQQQProShares UltraPro QQQ$38.06B$79.86
SOXLDirexion Daily Semiconductor Bull 3X ETF$24.09B$139.75
QLDProShares - Ultra QQQ$15.15B$97.26
SSOProShares - Ultra S&P500$8.47B$71.19
SPXLDirexion Daily S&P 500 Bull 3X Shares$7.03B$292.33
FNGAMicroSectors FANG+ Index 3X Leveraged ETNs due January 8 2038$6.87B$433.90
TECLDirexion Daily Technology Bull 3X ETF$6.81B$236.76
UPROProShares - UltraPro S&P500$5.31B$152.80
MUUDirexion Daily MU Bull 2X ETF$4.73B$34.12
NVDLGraniteShares 2x Long NVDA Daily ETF$3.80B$37.37
TSLLDirexion Daily TSLA Bull 2X ETF$3.75B$9.92
BULZMicroSectors Solactive FANG & Innovation 3X Leveraged ETN$3.69B$42.94
USDProShares Ultra Semiconductors$3.02B$95.41
FNGUMicroSectors FANG+ 3 Leveraged ETNs$2.75B$35.93
SQQQProShares - UltraPro Short QQQ$2.13B$33.52
SNXXTradr 2X Long SNDK Daily ETF$2.07B$13.84
TMFDirexion Daily 20+ Year Treasury Bull 3X ETF$2.07B$25.91
FASDirexion Daily Financial Bull 3X ETF$1.92B$146.75
SOXSDirexion Daily Semiconductor Bear 3X ETF$1.75B$34.29
ROMProShares - Ultra Technology$1.41B$161.39
KORUDirexion Daily MSCI South Korea Bull 3X ETF$1.41B$17.51
AMDLGraniteShares 2x Long AMD Daily ETF$1.38B$79.51
BITX2x Bitcoin Strategy ETF$1.33B$18.64
ETHU2x Ether ETF$1.32B$25.21
TNADirexion Daily Small Cap Bull 3X ETF$1.31B$57.16
AGQProShares - Ultra Silver$1.30B$64.00
GGLLDirexion Daily GOOGL Bull 2X ETF$1.06B$101.55
SCOProShares - UltraShort Bloomberg Crude Oil$1.01B$18.58
NUGTDirexion Daily Gold Miners Index Bull 2X ETF$1.00B$143.22
GDXUMicroSectors Gold Miners 3X Leveraged ETN$867.5M$99.56
MSTUT-REX 2X Long MSTR Daily Target ETF$861.9M$38.59
UDOWProShares - UltraPro Dow30$845.9M$63.79
MULLGraniteShares 2x Long MU Daily ETF$798.1M$23.79
FNGOMicroSectors FANG+ Index 2X Leveraged ETNs$786.6M$166.16
UGLProShares - Ultra Gold$775.8M$45.03
UYGProShares - Ultra Financials$705.9M$86.30
BITUProShares - Ultra Bitcoin ETF$614.9M$14.44
INTWGraniteShares 2x Long INTC Daily ETF$598.5M$24.40
LABUDirexion Daily S&P Biotech Bull 3X Shares$590.9M$224.11
GDXDMicroSectors Gold Miners -3X Inverse Leveraged ETNs$576.8M$23.23
YINNDirexion Daily FTSE China Bull 3X Shares$576.3M$23.54
CONLGraniteShares 2x Long COIN Daily ETF$573.6M$5.04
TSMXDirexion Daily TSM Bull 2X ETF$557.5M$89.50
NAILDirexion Daily Homebuilders & Supplies Bull 3X ETF$544.6M$26.64
NVDUDirexion Daily NVDA Bull 2X ETF$543.1M$148.28
METUDirexion Daily META Bull 2X ETF$536.0M$30.17
MSFUDirexion Daily MSFT Bull 2X Shares$528.5M$40.73
SVOLSimplify Volatility Premium ETF$516.5M$16.59
DDMProShares - Ultra Dow30$502.2M$61.86
NVDXT-REX 2X Long NVIDIA Daily Target ETF$483.1M$21.03
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