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▼
QTAPInnovator Growth Accelerated Plus ETF$20.0M$53.16
SMSTDefiance Daily Target 2x Short MSTR ETF$19.9M$12.07
SMHDMicroSectors -3x Short Semiconductor ETNs$19.9M$41.68
AAPDDirexion Daily AAPL Bear 1X ETF$19.3M$9.98
XTAPInnovator U.S. Equity Accelerated Plus ETF$18.8M$46.96
WANTDirexion Daily Consumer Discretionary Bull 3X ETF$18.3M$38.39
AAPBGraniteShares 2x Long AAPL Daily ETF$18.2M$46.05
MEXXDirexion Daily MSCI Mexico Bull 3X ETF$18.2M$27.12
DVHLUBS ETRACS Monthly Pay 2xLeveraged Diversified High Income ETN$18.2M—
DULLMicroSectors Gold -3X Inverse Leveraged ETNs$18.1M$64.74
MSTPGraniteShares 2x Long MSTR Daily ETF$18.0M$27.05
XTOCInnovator U.S. Equity Accelerated Plus ETF$17.9M$37.67
LMLPUBS ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN$17.9M—
IREGLeverage Shares 2x Long IREN Daily ETF$17.7M$3.38
NVDDDirexion Daily NVDA Bear 1X ETF$17.3M$29.74
GASXDirexion Daily Natural Gas Related Bear 3X Shares$17.3M—
XTJLInnovator U.S. Equity Accelerated Plus ETF - July$17.2M$42.80
HDLVUBS ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN$17.1M—
FUTGLeverage Shares 2x Long FUTU Daily ETF$17.0M$3.52
XTJAInnovator U.S. Equity Accelerated Plus ETF$16.8M$35.36
SMHBETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B$16.8M$3.10
LUNLDaily Target 2X Long LUNR ETF$16.6M$1.84
QTOCInnovator Growth Accelerated Plus ETF - October$16.6M$38.97
SRSProShares - UltraShort Real Estate$16.6M$43.67
FIGGLeverage Shares 2x Long FIG Daily ETF$16.5M$18.04
TPORDirexion Daily Transportation Bull 3X ETF$16.4M$31.35
PYPGLeverage Shares 2x Long PYPL Daily ETF$16.3M$8.09
TSXUDirexion Daily Semiconductors Top 5 Bull 2X ETF$16.3M$49.54
CLDSDirexion Daily Cloud Computing Bear 2X Shares$16.1M$38.51
USTProShares - Ultra 7-10 Year Treasury$15.7M$38.85
GOUGraniteShares 2x Long GOOG Daily ETF$15.7M$23.53
MJOMicroSectors Cannabis 2X Leveraged ETNs$15.4M$81.16
RIOXDaily Target 2X Long RIOT ETF$15.3M$10.70
UBIOProShares UltraPro Nasdaq Biotechnology$15.1M—
PILLDirexion Daily Pharmaceutical & Medical Bull 3X ETF$15.0M$14.89
KPDDKraneShares 2X Long PDD Daily ETF$14.6M$4.85
HZRZFBetaPro Canadian Gold Miners -2x Daily Bear ETF$14.5M—
AMZDDirexion Daily AMZN Bear 1X ETF$14.1M$8.30
UPVProShares Ultra FTSE Europe$14.0M$93.57
CHADDirexion Daily CSI 300 China A Share Bear 1X Shares$13.8M$9.79
COTGLeverage Shares 2X Long COST Daily ETF$13.4M$13.83
USOUUnited States 3x Oil Fund$13.3M—
BNKOMicroSectors U.S. Big Banks Index 2X Leveraged ETNs$13.3M—
CPXRUSCF Daily Target 2X Copper Index ETF$13.1M$30.98
LBJDirexion Daily Latin America Bull 2X Shares$13.0M$60.40
BNKZMicroSectors U.S. Big Banks Index -2X Inverse Leveraged ETNs$12.8M—
MLPZUBS ETRACS 2xMonthly Leveraged S&P MLP Index ETN Series B$12.7M—
RVNLGraniteShares 2x Long RIVN Daily ETF$12.6M$14.54
BOEGLeverage Shares 2X Long BA Daily ETF$12.4M$9.82
UCYBProShares - Ultra Nasdaq Cybersecurity$12.4M$103.93
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