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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| Symbol▼ | Fund Name▼ | AUM▼ | Price▼ |
|---|---|---|---|
| UTSL | Direxion Daily Utilities Bull 3X ETF | $36.1M | $42.68 |
| PALU | Direxion Daily PANW Bull 2X ETF | $35.5M | $35.09 |
| TSDD | GraniteShares 2x Short TSLA Daily ETF | $35.2M | $7.88 |
| GASL | Direxion Daily Natural Gas Related Bull 3X Shares | $34.9M | — |
| TYD | Direxion Daily 7-10 Year Treasury Bull 3X ETF | $33.8M | $23.80 |
| DRV | Direxion Daily Real Estate Bear 3X ETF | $33.5M | $18.32 |
| RETL | Direxion Daily Retail Bull 3X ETF | $33.3M | $9.12 |
| QCMU | Direxion Daily QCOM Bull 2X ETF | $33.2M | $33.54 |
| SMST | Daily Target 1.5X Short MSTR ETF | $33.1M | $46.15 |
| UMDD | ProShares - UltraPro MidCap 400 | $32.9M | $36.26 |
| UXRP | ProShares - Ultra XRP ETF | $32.5M | $11.99 |
| NFLU | T-REX 2X Long NFLX Daily Target ETF | $32.5M | $21.24 |
| AMDD | Direxion Daily AMD Bear 1X ETF | $32.4M | $3.08 |
| YCL | ProShares - Ultra Yen | $32.3M | $17.81 |
| UGLDF | VelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER | $31.9M | — |
| USLVF | VelocityShares 3x Long Silver ETN Linked to the S&P GSCI Silver Index ER | $31.6M | — |
| QQQD | Direxion Daily Magnificent 7 Bear 1X ETF | $31.2M | $13.26 |
| RIOX | Daily Target 2X Long RIOT ETF | $31.2M | $58.07 |
| AIBU | Direxion Daily AI and Big Data Bull 2X ETF | $30.9M | $62.68 |
| CRMG | Leverage Shares 2x Long CRM Daily ETF | $30.6M | $4.64 |
| PLU | Daily Target 2X Long PL ETF | $30.6M | $21.15 |
| URSP | ProShares - Ultra S&P 500 Equal Weight | $30.5M | $48.51 |
| UBOT | Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X ETF | $30.2M | $25.13 |
| ANEL | Defiance Daily Target 2X Long ANET ETF | $30.0M | $20.33 |
| YCS | ProShares - UltraShort Yen | $29.8M | $54.80 |
| SMHD | UBS ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN | $29.7M | $2.37 |
| QQUP | ProShares - Ultra QQQ Mega | $29.7M | $57.82 |
| EFO | ProShares - Ultra MSCI EAFE | $29.4M | $73.05 |
| NRGZ | MicroSectors U.S. Big Oil Index -2X Inverse Leveraged ETNs | $29.2M | — |
| RGTZ | Daily Target 2X Short RGTZ ETF | $29.2M | $3.49 |
| DVYL | UBS ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN | $28.8M | — |
| UXI | ProShares - Ultra Industrials | $28.4M | $57.40 |
| SAA | ProShares - Ultra SmallCap600 | $28.1M | $35.60 |
| ADBG | Leverage Shares 2x Long ADBE Daily ETF | $28.0M | $3.02 |
| ESUS | UBS AG, London Branch | $28.0M | $36.59 |
| PLTG | Leverage Shares 2x Long PLTR Daily ETF | $28.0M | $11.11 |
| TSMG | Leverage Shares 2x Long TSM Daily ETF | $27.7M | $40.95 |
| IREG | Leverage Shares 2x Long IREN Daily ETF | $27.0M | $23.20 |
| DUG | ProShares - UltraShort Energy | $26.7M | $18.60 |
| WTIU | MicroSectors Energy 3X Leveraged ETNs | $26.1M | $16.40 |
| XTOC | Innovator U.S. Equity Accelerated Plus ETF | $25.9M | $35.71 |
| KPDD | KraneShares 2X Long PDD Daily ETF | $25.1M | $5.30 |
| RUSS | Direxion Daily Russia Bear 3X Shares | $24.3M | — |
| RUSL | Direxion Daily Russia Bull 2X Shares | $24.2M | $2.58 |
| ELIL | Direxion Daily LLY Bull 2X ETF | $23.9M | $28.29 |
| IREZ | Tradr 2X Short IREN Daily ETF | $23.3M | $4.91 |
| BOEU | Direxion Daily BA Bull 2X ETF | $23.2M | $35.62 |
| QTOC | Innovator Growth Accelerated Plus ETF | $22.5M | $37.56 |
| CPXR | USCF Daily Target 2X Copper Index ETF | $22.4M | $31.95 |
| XTAP | Innovator U.S. Equity Accelerated Plus ETF | $22.4M | $44.55 |