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
UYGProShares - Ultra Financials$664.7M$71.67
FNGOMicroSectors FANG+ Index 2X Leveraged ETNs$687.2M$97.83
ROMProShares - Ultra Technology$737.0M$83.18
YINNDirexion Daily FTSE China Bull 3X ETF$761.7M$34.33
UDOWProShares - UltraPro Dow30$782.8M$51.41
GGLLDirexion Daily GOOGL Bull 2X ETF$927.8M$87.23
BITXVolatility Shares Trust - 2x Bitcoin Strategy ETF$959.9M$16.45
SOXSDirexion Daily Semiconductor Bear 3X ETF$1.00B$41.74
MUUDirexion Daily MU Bull 2X ETF$1.05B$197.22
KORUDirexion Daily MSCI South Korea Bull 3X ETF$1.23B$315.00
GDXUMicroSectors Gold Miners 3X Leveraged ETN$1.27B$235.31
UGLProShares - Ultra Gold$1.32B$71.75
NUGTDirexion Daily Gold Miners Index Bull 2X ETF$1.40B$200.20
TNADirexion Daily Small Cap Bull 3X ETF$1.45B$43.39
USDProShares - Ultra Semiconductors$1.71B$51.60
FASDirexion Daily Financial Bull 3X ETF$1.77B$114.77
ETHU2x Ether ETF$2.03B$23.15
AGQProShares - Ultra Silver$2.30B$138.00
FNGUMicroSectors FANG+ 3 Leveraged ETNs$2.66B$18.64
SQQQProShares - UltraPro Short QQQ$2.75B$76.11
BULZMicroSectors Solactive FANG & Innovation 3X Leveraged ETN$2.75B$20.64
TMFDirexion Daily 20+ Year Treasury Bull 3X ETF$2.97B$36.45
TECLDirexion Daily Technology Bull 3X ETF$3.48B$95.22
NVDLGraniteShares 2x Long NVDA Daily ETF$4.09B$78.64
UPROProShares - UltraPro S&P500$4.38B$102.69
TSLLDirexion Daily TSLA Bull 2X ETF$4.92B$13.76
SPXLDirexion Daily S&P 500 Bull 3X ETF$5.34B$195.73
SSOProShares - Ultra S&P500$6.27B$53.77
QLDProShares - Ultra QQQ$9.51B$64.54
SOXLDirexion Daily Semiconductor Bull 3X ETF$12.30B$50.30
TQQQProShares - UltraPro QQQ$27.08B$45.70
QQQWTradr 2X Long Triple Q Weekly ETF
FNGAMicroSectors FANG+ Index 3X Leveraged ETNs due January 8 2038
TVIZVelocityShares Daily 2x VIX MT ETN
UGAZVelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER
SPLXUBS ETRACS M Reset 2xLvg S&P 500 TR ETN
SOXMTradr 2X Long SOXX Monthly ETF
SOXWTradr 2X Long SOXX Weekly ETF
ZYNDefiance Daily Target 2x Long PM ETF
USLVVelocityShares 3x Long Silver ETN Linked to the S&P GSCI Silver Index ER
TVIXVelocityShares Daily 2x VIX Short-Term ETN
UGAZFVelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER
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