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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SymbolFund NameAUMPrice
SCOProShares - UltraShort Bloomberg Crude Oil$696.1M$25.61
ETHU2x Ether ETF$740.2M$26.57
UYGProShares - Ultra Financials$816.4M$100.12
UDOWProShares - UltraPro Dow30$845.4M$73.82
BITX2x Bitcoin Strategy ETF$906.2M$17.79
AMDLGraniteShares 2x Long AMD Daily ETF$907.0M$50.57
UGLProShares - Ultra Gold$918.7M$56.50
GGLLDirexion Daily GOOGL Bull 2X ETF$969.8M$100.31
ROMProShares - Ultra Technology$1.22B$140.50
GDXUMicroSectors Gold Miners 3X Leveraged ETN$1.27B$184.91
TNADirexion Daily Small Cap Bull 3X ETF$1.28B$72.43
SOXSDirexion Daily Semiconductor Bear 3X ETF$1.29B$48.51
NUGTDirexion Daily Gold Miners Index Bull 2X ETF$1.40B$207.46
KORUDirexion Daily MSCI South Korea Bull 3X ETF$1.52B$20.65
AGQProShares - Ultra Silver$1.67B$87.28
SQQQProShares - UltraPro Short QQQ$1.89B$39.33
TMFDirexion Daily 20+ Year Treasury Bull 3X ETF$2.20B$31.77
SNXXTradr 2X Long SNDK Daily ETF$2.23B$13.11
FASDirexion Daily Financial Bull 3X ETF$2.29B$185.58
FNGUMicroSectors FANG+ 3 Leveraged ETNs$2.66B$31.54
USDProShares Ultra Semiconductors$2.68B$80.79
TSLLDirexion Daily TSLA Bull 2X ETF$3.56B$8.87
NVDLGraniteShares 2x Long NVDA Daily ETF$3.81B$31.65
MUUDirexion Daily MU Bull 2X ETF$4.13B$29.53
BULZMicroSectors Solactive FANG & Innovation 3X Leveraged ETN$4.61B$35.85
UPROProShares - UltraPro S&P500$5.45B$150.40
TECLDirexion Daily Technology Bull 3X ETF$5.66B$192.85
SPXLDirexion Daily S&P 500 Bull 3X Shares$6.75B$287.43
SSOProShares - Ultra S&P500$8.35B$70.28
QLDProShares - Ultra QQQ$13.79B$89.02
SOXLDirexion Daily Semiconductor Bull 3X ETF$20.27B$115.75
TQQQProShares UltraPro QQQ$35.29B$70.51
SPLXUBS ETRACS M Reset 2xLvg S&P 500 TR ETN
UGAZFVelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER
FNGAMicroSectors FANG+ Index 3X Leveraged ETNs due January 8 2038$433.90
SOXMTradr 2X Long SOXX Monthly ETF$22.36
TVIZVelocityShares Daily 2x VIX MT ETN
UGAZVelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER
SOXWTradr 2X Long SOXX Weekly ETF$21.39
ZYNDefiance Daily Target 2x Long PM ETF$16.77
TVIXVelocityShares Daily 2x VIX Short-Term ETN
QQQWTradr 2X Long Triple Q Weekly ETF$30.24
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