Leveraged ETFs

542 ETFs · AUM: $142.99B

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
FBLGraniteShares 2x Long META Daily ETF$214.4M$26.74
KOLDProShares - UltraShort Bloomberg Natural Gas$236.1M$19.06
MORLUBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN$236.8M
REMLCredit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN$243.7M
TBTProShares - UltraShort 20+ Year Treasury$246.5M$35.26
MULLGraniteShares 2x Long MU Daily ETF$247.3M$174.00
ORCXDaily Target 2X Long ORCL ETF$250.3M$9.99
CWEBDirexion Daily CSI China Internet Index Bull 2X ETF$257.7M$30.45
TSLTT-REX 2X Long Tesla Daily Target ETF$259.3M$19.13
UWMProShares - Ultra Russell2000$264.2M$46.04
TZADirexion Daily Small Cap Bear 3X ETF$272.1M$7.45
SPDNDirexion Daily S&P 500 Bear 1X ETF$275.2M$9.84
DWTVelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New$277.1M
URTYProShares - UltraPro Russell2000$284.9M$50.71
IREDaily Target 2X Long IREN ETF$285.9M$5.03
MRRLUBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B$293.8M
MSTXDaily Target 2X Long MSTR ETF$300.7M$2.54
ERXDirexion Daily Energy Bull 2X ETF$304.9M$91.46
UVXYProShares - Ultra VIX Short-Term Futures ETF$313.7M$52.33
TSMXDirexion Daily TSM Bull 2X ETF$314.1M$57.53
QIDProShares - UltraShort QQQ$320.2M$21.80
AMZUDirexion Daily AMZN Bull 2X ETF$323.1M$27.24
METUDirexion Daily META Bull 2X ETF$353.3M$26.34
MSTUT-REX 2X Long MSTR Daily Target ETF$366.9M$5.51
GUSHDirexion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF$376.1M$37.66
TSLQTradr 2X Short TSLA Daily ETF$387.6M$22.67
SCOProShares - UltraShort Bloomberg Crude Oil$397.1M$8.50
BITUProShares - Ultra Bitcoin ETF$411.0M$12.99
SPXSDirexion Daily S&P 500 Bear 3X ETF$418.4M$39.36
SDSProShares - UltraShort S&P500$418.9M$73.63
UVIX2x Long VIX Futures ETF$425.8M$8.90
DPSTDirexion Daily Regional Banks Bull 3X ETF$433.5M$87.41
BOILProShares - Ultra Bloomberg Natural Gas$441.8M$19.07
UWTVelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New$480.4M
DDMProShares - Ultra Dow30$483.5M$52.84
NAILDirexion Daily Homebuilders & Supplies Bull 3X ETF$488.7M$41.74
LABUDirexion Daily S&P Biotech Bull 3X ETF$490.3M$148.51
PTIRGraniteShares 2x Long PLTR Daily ETF$493.5M$17.63
AMDLGraniteShares 2x Long AMD Daily ETF$495.8M$11.20
NVDXT-REX 2X Long NVIDIA Daily Target ETF$513.1M$15.14
PLTUDirexion Daily PLTR Bull 2X Shares$520.7M$48.32
SPXUProShares - UltraPro Short S&P500$524.7M$55.10
DFENDirexion Daily Aerospace & Defense Bull 3X ETF$532.8M$74.46
CONLGraniteShares 2x Long COIN Daily ETF$566.0M$9.10
NVDUDirexion Daily NVDA Bull 2X ETF$578.8M$105.17
SVOLSimplify Volatility Premium ETF$583.2M$15.89
UCOProShares - Ultra Bloomberg Crude Oil$631.7M$40.31
MSFUDirexion Daily MSFT Bull 2X ETF$660.9M$26.52
JNUGDirexion Daily Junior Gold Miners Index Bull 2X ETF$661.1M$222.80
SOLT2x Solana ETF$663.4M$53.91
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