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▼
DUGProShares UltraShort Energy$33.9M$12.59
VRTLGraniteShares 2x Long VRT Daily ETF$33.6M$17.36
AMDGLeverage Shares 2x Long AMD Daily ETF$32.3M$107.55
UGLDFVelocityShares 3x Long Gold ETN Linked to the S&P GSCI Gold Index ER$31.9M—
NBIZTradr 2X Short NBIS Daily ETF$31.8M$34.02
USLVFVelocityShares 3x Long Silver ETN Linked to the S&P GSCI Silver Index ER$31.6M—
DRVDirexion Daily Real Estate Bear 3X ETF$30.9M$21.40
RGTXDaily Target 2X Long RGTI ETF$30.3M$5.23
QTJAInnovator Growth Accelerated Plus ETF$30.1M$34.48
YCLProShares - Ultra Yen$29.9M$18.06
NRGZMicroSectors U.S. Big Oil Index -2X Inverse Leveraged ETNs$29.2M—
TYDDirexion Daily 7-10 Year Treasury Bull 3X ETF$29.0M$20.54
TSMGLeverage Shares 2x Long TSM Daily ETF$28.9M$38.55
DVYLUBS ETRACS Monthly Pay 2xLeveraged Dow Jones Select Dividend Index ETN$28.8M—
QQQDDirexion Daily Magnificent 7 Bear 1X ETF$28.0M$11.68
ESUSUBS AG, London Branch$28.0M$36.59
NFLUT-REX 2X Long NFLX Daily Target ETF$27.9M$12.62
PLTGLeverage Shares 2x Long PLTR Daily ETF$27.7M$22.46
HIBSDirexion Daily S&P 500 High Beta Bear 3X ETF$27.7M$19.07
QQUPProShares - Ultra QQQ Mega$27.3M$64.93
MRALGraniteShares 2x Long MARA Daily ETF$27.2M$16.98
UMDDProShares - UltraPro MidCap 400$27.1M$31.25
YCSProShares - UltraShort Yen$27.1M$54.73
QTJLInnovator Growth Accelerated Plus ETF$27.0M$42.96
EDZDirexion Daily MSCI Emerging Markets Bear 3X ETF$26.9M$16.73
BOEUDirexion Daily BA Bull 2X ETF$26.4M$24.70
SLONProShares - Ultra Solana ETF$26.0M$34.50
TSLZT-REX 2X Inverse Tesla Daily Target ETF$25.8M$10.13
ELILDirexion Daily LLY Bull 2X ETF$25.6M$32.99
UXIProShares - Ultra Industrials$25.6M$51.48
AIBUDirexion Daily AI and Big Data Bull 2X ETF$25.5M$66.76
SAAProShares - Ultra SmallCap600$25.4M$32.17
TTTProShares UltraPro Short 20+ Year Treasury$25.4M$80.98
EFOProShares - Ultra MSCI EAFE$25.2M$71.58
URAADirexion Daily Uranium Industry Bull 2X ETF$25.0M$15.56
USLVDirexion Daily Silver Bull 2X ETF$25.0M$12.23
CIFUT-REX 2X Long CIFR Daily Target ETF$24.5M$2.74
OILDMicroSectors Oil & Gas Exp. & Prod. -3x Inverse Leveraged ETN$24.4M$23.20
ASMGLeverage Shares 2x Long ASML Daily ETF$24.3M$42.05
RUSSDirexion Daily Russia Bear 3X Shares$24.3M—
RUSLDirexion Daily Russia Bull 2X Shares$24.2M$2.58
QCMUDirexion Daily QCOM Bull 2X ETF$24.2M$20.68
ONDLDaily Target 2X Long ONDS ETF$23.5M$3.67
LNOKDaily Target 2X Long NOK ETF$23.5M$13.11
TSDDGraniteShares 2x Short TSLA Daily ETF$23.4M$6.72
RDWUETF Opportunities Trust - T-REX 2X Long RDW Daily Target ETF$23.3M$3.66
AMDDDirexion Daily AMD Bear 1X ETF$22.3M$24.52
UBOTDirexion Daily Robotics, Artificial Intelligence & Automation Index Bull 2X ETF$21.2M$19.60
BDCLUBS ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN$21.0M—
NVDQT-REX 2X Inverse NVIDIA Daily Target ETF$20.1M$8.60
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