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▼
FAZDirexion Daily Financial Bear 3x ETF$87.1M$34.49
OILUMicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN$87.9M$60.52
DUSTDirexion Daily Gold Miners Index Bear 2X ETF$88.6M$40.40
WEBLDirexion Daily Dow Jones Internet Bull 3X Shares$90.5M$27.76
DIGProShares - Ultra Energy$90.7M$79.08
SHNYMicroSectors Gold 3X Leveraged ETNs$91.0M$7.71
OKLLDaily Target 2X Long OKLO ETF$92.8M$5.12
BIBProShares Ultra Nasdaq Biotechnology$93.3M$115.19
LLYXDaily Target 2X Long LLY ETF$94.0M$29.20
XBJAInnovator U.S. Equity Accelerated 9 Buffer ETF$94.2M$34.91
YANGDirexion Daily FTSE China Bear 3X ETF$95.6M$35.09
GLLProShares - UltraShort Gold$96.3M$25.33
GLWGLeverage Shares 2X Long GLW Daily ETF$96.8M$9.95
MRVUDirexion Daily MRVL Bull 2X ETF$99.1M$122.76
DGAZVelocityShares 3x Inverse Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER$100.3M—
RXLProShares Ultra Health Care$102.7M$65.59
WDCXTradr 2X Long WDC Daily ETF$107.8M$11.49
CRWGLeverage Shares 2x Long CRWV Daily ETF$114.7M$8.53
AMUUDirexion Daily AMD Bull 2X ETF$116.8M$226.30
FNGGDirexion Daily NYSE FANG+ Bull 2X ETF$118.8M$268.00
CEFLUBS ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN$121.5M—
BABXGraniteShares 2x Long BABA Daily ETF$121.9M$15.05
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF$122.5M$30.29
SBITProShares - UltraShort Bitcoin ETF$124.0M$29.69
IONXDefiance Daily Target 2X Long IONQ ETF$126.5M$13.93
CRCGLeverage Shares 2x Long CRCL Daily ETF$126.5M$13.72
XBAPInnovator U.S. Equity Accelerated 9 Buffer ETF$128.6M$43.28
RKLXDaily Target 2X Long RKLB ETF$131.0M$9.64
SDOWProShares - UltraPro Short Dow30$138.6M$23.55
EDCDirexion Daily MSCI Emerging Markets Bull 3X Shares$138.7M$65.32
KOLDProShares - UltraShort Bloomberg Natural Gas$139.7M$29.49
SMCXDaily Target 2X Long SMCI ETF$140.9M$9.75
ORCUDirexion Daily ORCL Bull 2X ETF$142.1M$5.64
BRZUDirexion Daily MSCI Brazil Bull 2X ETF$142.9M$128.77
MVVProShares - Ultra MidCap400$146.3M$82.30
XXRPTeucrium 2x Long Daily XRP ETF$146.4M$29.56
TSLTT-REX 2X Long Tesla Daily Target ETF$148.9M$14.73
HFGMUnlimited HFGM Global Macro ETF$154.4M$31.11
DLLLGraniteShares 2x Long DELL Daily ETF$157.3M$25.95
IREDefiance Daily Target 2X Long IREN ETF$158.5M$4.01
AAPUDirexion Daily AAPL Bull 2X Shares$160.1M$46.92
UVIX2x Long VIX Futures ETF$166.9M$35.63
LITXTradr 2X Long LITE Daily ETF$170.0M$25.17
FBLGraniteShares 2x Long META Daily ETF$171.3M$29.56
CWEBDirexion Daily CSI China Internet Index Bull 2X ETF$178.0M$17.00
GDXDMicroSectors Gold Miners -3X Inverse Leveraged ETNs$180.9M$22.82
AVGXDaily Target 2X Long AVGO ETF$183.6M$34.11
CUREDirexion Daily Healthcare Bull 3X ETF$186.1M$153.03
SOLT2x Solana ETF$192.5M$62.16
ORCXDaily Target 2X Long ORCL ETF$209.0M$15.75
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