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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| Symbol▼ | Fund Name▼ | AUM▲ | Price▼ |
|---|---|---|---|
| SPDN | Direxion Daily S&P 500 Bear 1X ETF | $217.0M | $8.52 |
| QID | ProShares - UltraShort QQQ | $220.9M | $14.42 |
| ORCX | Daily Target 2X Long ORCL ETF | $222.2M | $22.29 |
| RKLX | Daily Target 2X Long RKLB ETF | $226.3M | $16.25 |
| MORL | UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN | $236.8M | — |
| TZA | Direxion Daily Small Cap Bear 3X ETF | $240.2M | $38.61 |
| REML | Credit Suisse X-Links Monthly Pay 2xLeveraged Mortgage REIT ETN | $243.7M | $5.99 |
| UWM | ProShares - Ultra Russell2000 | $251.6M | $65.95 |
| ETHT | ProShares - Ultra Ether ETF | $251.7M | $17.14 |
| GUSH | Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF | $263.4M | $43.05 |
| ERX | Direxion Daily Energy Bull 2X ETF | $265.8M | $103.50 |
| UVIX | 2x Long VIX Futures ETF | $268.4M | $41.85 |
| LITX | Tradr 2X Long LITE Daily ETF | $271.1M | $33.58 |
| DWT | VelocityShares 3x Inverse Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New | $277.1M | — |
| SPUU | Direxion Daily S&P 500 Bull 2X ETF | $285.2M | $224.22 |
| AMZU | Direxion Daily AMZN Bull 2X ETF | $288.3M | $37.92 |
| UVXY | ProShares - Ultra VIX Short-Term Futures ETF | $289.7M | $18.84 |
| MRRL | UBS ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B | $293.8M | — |
| TBT | ProShares - UltraShort 20+ Year Treasury | $304.9M | $37.41 |
| INTW | GraniteShares 2x Long INTC Daily ETF | $309.3M | $17.70 |
| IRE | Defiance Daily Target 2X Long IREN ETF | $312.9M | $9.39 |
| MQQQ | Tradr 2X Long Innovation 100 Monthly ETF | $317.3M | $224.30 |
| URTY | ProShares - UltraPro Russell2000 | $336.6M | $84.27 |
| PTIR | GraniteShares 2x Long PLTR Daily ETF | $340.5M | $19.60 |
| DPST | Direxion Daily Regional Banks Bull 3X ETF | $346.1M | $136.91 |
| SPXS | Direxion Daily S&P 500 Bear 3X ETF | $355.3M | $24.70 |
| DFEN | Direxion Daily Aerospace & Defense Bull 3X Shares | $357.4M | $71.45 |
| BOIL | ProShares Ultra Bloomberg Natural Gas | $401.8M | $20.30 |
| SDS | ProShares - UltraShort S&P500 | $402.3M | $54.48 |
| NVDX | T-REX 2X Long NVIDIA Daily Target ETF | $405.0M | $17.88 |
| UCO | ProShares Ultra Bloomberg Crude Oil | $416.5M | $41.81 |
| MVLL | GraniteShares 2x Long MRVL Daily ETF | $419.1M | $32.24 |
| METU | Direxion Daily META Bull 2X ETF | $431.8M | $20.09 |
| MSTU | T-REX 2X Long MSTR Daily Target ETF | $432.3M | $29.13 |
| BITU | ProShares - Ultra Bitcoin ETF | $445.9M | $13.81 |
| PLTU | Direxion Daily PLTR Bull 2X Shares | $446.7M | $52.58 |
| SPXU | ProShares - UltraPro Short S&P500 | $451.1M | $34.63 |
| UWT | VelocityShares 3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER New | $480.4M | — |
| SVOL | Simplify Volatility Premium ETF | $532.7M | $16.25 |
| NVDU | Direxion Daily NVDA Bull 2X ETF | $541.1M | $126.00 |
| NAIL | Direxion Daily Homebuilders & Supplies Bull 3X ETF | $541.1M | $39.86 |
| DDM | ProShares - Ultra Dow30 | $568.8M | $68.06 |
| CONL | GraniteShares 2x Long COIN Daily ETF | $579.6M | $5.93 |
| MULL | GraniteShares 2x Long MU Daily ETF | $580.5M | $20.57 |
| TSMX | Direxion Daily TSM Bull 2X ETF | $581.6M | $76.87 |
| MSFU | Direxion Daily MSFT Bull 2X Shares | $600.5M | $37.67 |
| JNUG | Direxion Daily Junior Gold Miners Index Bull 2X ETF | $622.4M | $210.85 |
| LABU | Direxion Daily S&P Biotech Bull 3X Shares | $645.8M | $332.45 |
| YINN | Direxion Daily FTSE China Bull 3X Shares | $681.8M | $29.73 |
| FNGO | MicroSectors FANG+ Index 2X Leveraged ETNs | $687.2M | $147.31 |