Leveraged ETFs

542 ETFs · AUM: $187.38B

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
HIBLDirexion Daily S&P 500 High Beta Bull 3X ETF$96.7M$117.95
XXRPTeucrium 2x Long Daily XRP ETF$98.4M$2.49
BABXGraniteShares 2x Long BABA Daily ETF$100.3M$19.15
DGAZVelocityShares 3x Inverse Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER$100.3M
CHAUDirexion Daily CSI 300 China A Share Bull 2X ETF$104.2M$23.43
TSLRGraniteShares 2x Long TSLA Daily ETF$107.3M$22.91
HIMZDaily Target 2X Long HIMS ETF$107.5M$31.16
YANGDirexion Daily FTSE China Bear 3X ETF$108.5M$30.26
MSFLGraniteShares 2x Long MSFT Daily ETF$110.2M$16.28
FAZDirexion Daily Financial Bear 3X ETF$110.7M$40.64
RGTXDaily Target 2X Long RGTI ETF$111.4M$23.59
LNOKDaily Target 2X Long NOK ETF$112.7M$84.90
NBIGLeverage Shares 2x Long NBIS Daily ETF$113.2M$29.55
AMUUDirexion Daily AMD Bull 2X ETF$113.5M$234.05
CRCGLeverage Shares 2x Long CRCL Daily ETF$114.8M$14.54
SHNYMicroSectors Gold 3X Leveraged ETNs$115.4M$9.30
ZSLProShares - UltraShort Silver$118.9M$24.43
DUSTDirexion Daily Gold Miners Index Bear 2X ETF$121.0M$58.72
CEFLUBS ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN$121.5M
APPXTradr 2X Long APP Daily ETF$124.8M$38.70
QCMLGraniteShares 2x Long QCOM Daily ETF$126.4M$26.86
SOLT2x Solana ETF$128.6M$27.69
ARMGLeverage Shares 2x Long ARM Daily ETF$128.7M$48.03
GLLProShares - UltraShort Gold$129.4M$24.78
XBAPInnovator U.S. Equity Accelerated 9 Buffer ETF$133.1M$41.70
FNGGDirexion Daily NYSE FANG+ Bull 2X ETF$135.1M$223.15
KOLDProShares - UltraShort Bloomberg Natural Gas$144.0M$23.64
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$144.0M$4.75
FBLGraniteShares 2x Long META Daily ETF$144.8M$21.25
TSLQTradr 2X Short TSLA Daily ETF$148.5M$18.63
NBILGraniteShares 2x Long NBIS Daily ETF$149.9M$42.26
CRWGLeverage Shares 2x Long CRWV Daily ETF$151.6M$34.28
DLLLGraniteShares 2x Long DELL Daily ETF$158.9M$172.97
ETHTProShares - Ultra Ether ETF$160.0M$8.59
MVVProShares - Ultra MidCap400$163.2M$89.84
CUREDirexion Daily Healthcare Bull 3X ETF$165.5M$102.02
EDCDirexion Daily MSCI Emerging Markets Bull 3X ETF$172.1M$88.22
SDOWProShares - UltraPro Short Dow30$181.1M$25.97
TMVDirexion Daily 20+ Year Treasury Bear 3X ETF$186.0M$38.20
NOWLGraniteShares 2x Long NOW Daily ETF$197.9M$4.73
SBITProShares - UltraShort Bitcoin ETF$198.4M$60.19
TSLTT-REX 2X Long Tesla Daily Target ETF$201.6M$18.70
AAPUDirexion Daily AAPL Bull 2X ETF$202.3M$35.82
MSTXDaily Target 2X Long MSTR ETF$206.8M$16.15
SMCXDaily Target 2X Long SMCI ETF$216.2M$10.23
CWEBDirexion Daily CSI China Internet Index Bull 2X ETF$218.6M$22.54
MQQQTradr 2X Long Innovation 100 Monthly ETF$221.7M$234.81
OKLLDaily Target 2X Long OKLO ETF$221.9M$6.11
AVLDirexion Daily AVGO Bull 2X Shares$226.1M$45.80
SPDNDirexion Daily S&P 500 Bear 1X ETF$231.3M$8.81
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