Leveraged ETFs
542 ETFs · AUM: $184.53B
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 | $36.52B | $72.81 |
| SOXL | Direxion Daily Semiconductor Bull 3X ETF | $22.41B | $103.69 |
| QLD | ProShares - Ultra QQQ | $14.61B | $91.62 |
| SSO | ProShares - Ultra S&P500 | $9.06B | $71.00 |
| SPXL | Direxion Daily S&P 500 Bull 3X Shares | $7.18B | $290.67 |
| FNGA | MicroSectors FANG+ Index 3X Leveraged ETNs due January 8 2038 | $6.87B | $433.90 |
| TECL | Direxion Daily Technology Bull 3X ETF | $5.88B | $204.29 |
| UPRO | ProShares - UltraPro S&P500 | $5.56B | $151.94 |
| TSLL | Direxion Daily TSLA Bull 2X ETF | $3.49B | $10.53 |
| MUU | Direxion Daily MU Bull 2X ETF | $3.42B | $26.41 |
| BULZ | MicroSectors Solactive FANG & Innovation 3X Leveraged ETN | $3.31B | $37.15 |
| NVDL | GraniteShares 2x Long NVDA Daily ETF | $3.25B | $34.08 |
| SOXS | Direxion Daily Semiconductor Bear 3X ETF | $3.22B | $44.17 |
| FNGU | MicroSectors FANG+ 3 Leveraged ETNs | $2.73B | $32.47 |
| USD | ProShares Ultra Semiconductors | $2.54B | $81.89 |
| SQQQ | ProShares - UltraPro Short QQQ | $2.11B | $36.39 |
| FAS | Direxion Daily Financial Bull 3X ETF | $2.08B | $160.51 |
| TMF | Direxion Daily 20+ Year Treasury Bull 3X ETF | $2.01B | $28.14 |
| KORU | Direxion Daily MSCI South Korea Bull 3X ETF | $1.40B | $11.93 |
| ROM | ProShares - Ultra Technology | $1.29B | $146.65 |
| TNA | Direxion Daily Small Cap Bull 3X ETF | $1.27B | $56.22 |
| BITX | 2x Bitcoin Strategy ETF | $1.24B | $19.82 |
| SNXX | Tradr 2X Long SNDK Daily ETF | $1.22B | $10.27 |
| GGLL | Direxion Daily GOOGL Bull 2X ETF | $1.14B | $93.31 |
| AGQ | ProShares - Ultra Silver | $1.12B | $60.72 |
| AMDL | GraniteShares 2x Long AMD Daily ETF | $1.11B | $63.79 |
| ETHU | 2x Ether ETF | $1.05B | $25.74 |
| NUGT | Direxion Daily Gold Miners Index Bull 2X ETF | $976.4M | $142.16 |
| SCO | ProShares - UltraShort Bloomberg Crude Oil | $914.7M | $16.61 |
| UDOW | ProShares - UltraPro Dow30 | $909.4M | $69.57 |
| GDXU | MicroSectors Gold Miners 3X Leveraged ETN | $865.1M | $95.76 |
| FNGO | MicroSectors FANG+ Index 2X Leveraged ETNs | $786.3M | $150.57 |
| MSTU | T-REX 2X Long MSTR Daily Target ETF | $760.0M | $37.88 |
| UYG | ProShares - Ultra Financials | $745.1M | $91.68 |
| UGL | ProShares - Ultra Gold | $716.4M | $44.95 |
| CONL | GraniteShares 2x Long COIN Daily ETF | $611.9M | $5.04 |
| YINN | Direxion Daily FTSE China Bull 3X Shares | $600.8M | $22.39 |
| BITU | ProShares - Ultra Bitcoin ETF | $575.6M | $15.36 |
| LABU | Direxion Daily S&P Biotech Bull 3X Shares | $574.8M | $236.00 |
| NAIL | Direxion Daily Homebuilders & Supplies Bull 3X ETF | $557.0M | $27.13 |
| SVOL | Simplify Volatility Premium ETF | $523.2M | $16.71 |
| DDM | ProShares - Ultra Dow30 | $522.9M | $65.52 |
| MULL | GraniteShares 2x Long MU Daily ETF | $517.5M | $18.37 |
| UCO | ProShares Ultra Bloomberg Crude Oil | $492.4M | $63.45 |
| TSMX | Direxion Daily TSM Bull 2X ETF | $486.2M | $79.59 |
| MSFU | Direxion Daily MSFT Bull 2X Shares | $485.7M | $42.00 |
| UWT | VelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New | $480.4M | — |
| NVDU | Direxion Daily NVDA Bull 2X ETF | $471.1M | $135.55 |
| METU | Direxion Daily META Bull 2X ETF | $429.6M | $28.49 |
| SPXU | ProShares - UltraPro Short S&P500 | $421.0M | $33.60 |