Leveraged ETFs

542 ETFs · AUM: $184.53B

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▼
ELISDirexion Daily LLY Bear 1X ETF$3.1M$19.27
DUOGLeverage Shares 2x Long DUOL Daily ETF$3.1M$47.07
TSLIProShares - Ultra TSLA$3.1M$19.59
JETUMAX Airlines 3X Leveraged ETNs$3.1M$20.66
RXDProShares - UltraShort Health Care$3.2M$13.19
RCAXDaily Target 2X Long RCAT ETF$3.3M$3.97
KLNEDirexion Daily Global Clean Energy Bull 2X Shares$3.3M$6.28
LRETUBS ETRACS Monthly Pay 2xLeveraged MSCI US REIT Index ETN$3.4M—
XDOCU.S. Equity Accelerated ETF$3.4M$33.91
FCXGLeverage Shares 2x Long FCX Daily ETF$3.5M$14.47
DGLDFVelocityShares 3x Inverse Gold ETN Linked to the S&P GSCI Gold Index ER$3.5M—
REWProShares - UltraShort Technology$3.6M$11.07
ULEProShares - Ultra Euro$3.6M$11.90
TEXUDirexion Daily Energy Top 5 Bull 2X ETF$3.6M$49.13
CRMULeverage Shares 2x Long CRML Daily ETF$3.7M$1.61
NRGOMicroSectors U.S. Big Oil Index 2X Leveraged ETNs$3.7M—
EVAVDirexion Daily Electric and Autonomous Vehicles Bull 2X Shares$3.7M—
UBRProShares - Ultra MSCI Brazil Capped$3.7M$42.20
MPGLeverage Shares 2x Long MP Daily ETF$3.7M$2.52
AALGLeverage Shares 2x Long AAL Daily ETF$3.8M$8.54
SPOGLeverage Shares 2x Long SPOT Daily ETF$3.9M$7.40
PFFLETRACS 2xMonthly Pay Leveraged Preferred Stock Index ETN$4.0M$6.45
LMNXDaily Target 2X Long LMND ETF$4.0M$9.20
BULGLeverage Shares 2x Long BULL Daily ETF$4.1M$22.09
LCDLGraniteShares 2x Long LCID Daily ETF$4.1M$0.29
SMNProShares - UltraShort Materials$4.1M$19.92
EWVProShares UltraShort MSCI Japan$4.1M$16.58
BAIGLeverage Shares 2x Long BBAI Daily ETF$4.2M$7.71
TXXD21Shares 2x Long Dogecoin ETF$4.2M$35.80
ARCXTradr 2X Long ACHR Daily ETF$4.3M$5.71
APLZTradr 2X Short APLD Daily ETF$4.3M$27.44
TTXUDirexion Daily Technology Top 5 Bull 2X ETF$4.3M$34.15
URAXDefiance Daily Target 2X Long Uranium ETF$4.4M$7.94
NEEDDirexion Daily Cnsmr Staples Bull 3XShrs$4.4M—
QBTZDefiance Daily Target 2X Short QBTS ETF$4.5M$28.47
USODUnited States 3x Short Oil Fund$4.6M—
FINZProShares UltraPro Short Financial Select Sector$4.6M—
NVDBProShares - Ultra NVDA$4.6M$31.70
MZZProShares - UltraShort MidCap400$4.6M$6.39
SWARDirexion Daily S&P Expanded Tech Software Sector Bull 2X Shares$4.7M$11.32
USMLETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN$4.7M$47.26
MPLDefiance Daily Target 2X Long MP ETF$4.7M$16.00
QSUDaily Target 2X Long QS ETF$4.9M$2.86
EOSUT-REX 2X Long EOSE Daily Target ETF$5.0M$1.15
LMBODirexion Daily Crypto Industry Bull 2X ETF$5.0M$18.51
HDLBETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B$5.0M$15.63
SMCZDaily Target 2X Short SMCI ETF$5.0M$5.40
SOUXDaily Target 2X Long SOUN ETF$5.0M$4.57
LTLProShares Ultra Communication Services$5.1M$22.81
TIPLDirexion Daily TIPS Bull 2X Shares$5.2M$20.39
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