Leveraged ETFs

542 ETFs · AUM: $163.38B

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
UDOWProShares - UltraPro Dow30$790.6M$58.17
MSFUDirexion Daily MSFT Bull 2X ETF$854.1M$29.66
GGLLDirexion Daily GOOGL Bull 2X ETF$949.3M$114.62
UGLProShares - Ultra Gold$962.2M$57.24
ROMProShares - Ultra Technology$972.2M$110.71
SCOProShares - UltraShort Bloomberg Crude Oil$997.0M$6.56
SNXXTradr 2X Long SNDK Daily ETF$1.09B$95.83
NUGTDirexion Daily Gold Miners Index Bull 2X ETF$1.12B$163.47
MUUDirexion Daily MU Bull 2X ETF$1.25B$267.39
GDXUMicroSectors Gold Miners 3X Leveraged ETN$1.27B$159.32
BITXVolatility Shares Trust - 2x Bitcoin Strategy ETF$1.28B$17.89
TNADirexion Daily Small Cap Bull 3X ETF$1.49B$57.28
KORUDirexion Daily MSCI South Korea Bull 3X ETF$1.70B$522.50
SOXSDirexion Daily Semiconductor Bear 3X ETF$1.85B$14.52
AGQProShares - Ultra Silver$1.90B$105.78
ETHU2x Ether ETF$2.03B$24.53
FASDirexion Daily Financial Bull 3X ETF$2.22B$136.25
USDProShares - Ultra Semiconductors$2.38B$78.39
FNGUMicroSectors FANG+ 3 Leveraged ETNs$2.66B$24.32
BULZMicroSectors Solactive FANG & Innovation 3X Leveraged ETN$2.75B$32.17
TMFDirexion Daily 20+ Year Treasury Bull 3X ETF$2.78B$34.88
SQQQProShares - UltraPro Short QQQ$2.94B$53.43
NVDLGraniteShares 2x Long NVDA Daily ETF$3.90B$102.67
UPROProShares - UltraPro S&P500$4.68B$125.05
TECLDirexion Daily Technology Bull 3X ETF$4.79B$144.03
TSLLDirexion Daily TSLA Bull 2X ETF$4.92B$11.90
SPXLDirexion Daily S&P 500 Bull 3X ETF$5.71B$238.47
SSOProShares - Ultra S&P500$7.32B$61.59
QLDProShares - Ultra QQQ$11.86B$79.30
SOXLDirexion Daily Semiconductor Bull 3X ETF$15.19B$117.27
TQQQProShares - UltraPro QQQ$32.04B$61.46
SOXMTradr 2X Long SOXX Monthly ETF$22.36
SOXWTradr 2X Long SOXX Weekly ETF$21.39
QQQWTradr 2X Long Triple Q Weekly ETF$30.24
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
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
ZYNDefiance Daily Target 2x Long PM ETF$16.77
TVIZVelocityShares Daily 2x VIX MT ETN
USLVVelocityShares 3x Long Silver ETN Linked to the S&P GSCI Silver Index ER
TVIXVelocityShares Daily 2x VIX Short-Term ETN
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