Leveraged ETFs

542 ETFs · AUM: $175.41B

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
RVNLGraniteShares 2x Long RIVN Daily ETF$13.5M$25.31
USOUUnited States 3x Oil Fund$13.3M
BNKOMicroSectors U.S. Big Banks Index 2X Leveraged ETNs$13.3M
GEVGLeverage Shares 2x Long GEV Daily ETF$13.1M$22.77
AMZDDirexion Daily AMZN Bear 1X ETF$13.1M$8.44
LBJDirexion Daily Latin America Bull 2X Shares$13.0M$60.40
HOOXDaily Target 2X Long HOOD ETF$12.9M$36.50
BNKZMicroSectors U.S. Big Banks Index -2X Inverse Leveraged ETNs$12.8M
SMCZDaily Target 2X Short SMCI ETF$12.8M$3.20
MLPZUBS ETRACS 2xMonthly Leveraged S&P MLP Index ETN Series B$12.7M
IONZDefiance Daily Target 2x Short IONQ ETF$12.5M$2.90
TYODirexion Daily 7-10 Year Treasury Bear 3X ETF$12.5M$14.54
GGLSDirexion Daily GOOGL Bear 1X ETF$12.0M$58.95
TERGLeverage Shares 2X Long TER Daily ETF$11.7M$37.75
DPKDirexion Daily MSCI Developed Markets Bear 3X Shares$11.2M
SKFProShares UltraShort Financials$10.9M$22.15
OSCXDefiance Daily Target 2X Long OSCR ETF$10.7M$110.77
IREZTradr 2X Short IREN Daily ETF$10.6M$12.14
PSTProShares UltraShort 7-10 Year Treasury$10.6M$23.34
DGLDVelocityShares 3x Inverse Gold ETN Linked to the S&P GSCI Gold Index ER$10.6M
AMJLCredit Suisse X-Links Monthly Pay 2xLeveraged Alerian MLP Index ETN$10.6M
UCYBProShares - Ultra Nasdaq Cybersecurity$10.5M$81.30
RCAXDaily Target 2X Long RCAT ETF$10.4M$3.50
SOUXDaily Target 2X Long SOUN ETF$10.4M$11.99
PLUDaily Target 2X Long PL ETF$10.2M$8.14
UGEProShares - Ultra Consumer Staples$10.1M$19.83
PDDLGraniteShares 2x Long PDD Daily ETF$10.1M$13.50
UCCProShares - Ultra Consumer Discretionary$10.1M$47.00
SDYLUBS ETRACS Monthly Pay 2xLeveraged S&P Dividend ETN$9.7M
METDDirexion Daily META Bear 1X ETF$9.6M$16.60
HODUDirexion Daily HOOD Bull 2X ETF$9.6M$13.21
DZKDirexion Daily MSCI Developed Markets Bull 3X Shares$9.6M
KMLIKraneShares 2x Long MELI Daily ETF$9.5M$10.59
EPVProShares UltraShort FTSE Europe$9.5M$16.73
QBTZDefiance Daily Target 2X Short QBTS ETF$9.4M$3.73
SCDLETRACS 2x Leveraged US Dividend Factor TR ETN$9.2M$61.65
NVDBProShares - Ultra NVDA$9.2M$29.70
MSTPGraniteShares 2x Long MSTR Daily ETF$9.2M$20.63
CONIGraniteShares 2x Short COIN Daily ETF$9.1M$31.46
AVXXDefiance Daily Target 2X Long AVAV ETF$9.1M$4.73
CIFGLeverage Shares 2x Long CIFR Daily ETF$9.1M$4.06
QSUDaily Target 2X Long QS ETF$9.0M$6.59
NETGLeverage Shares 2x Long NET Daily ETF$8.9M$17.01
XOMXDirexion Daily XOM Bull 2X ETF$8.9M$46.09
ISULGraniteShares 2x Long ISRG Daily ETF$8.7M$13.71
MTULETRACS 2x Leveraged MSCI US Momentum Factor TR ETN$8.7M$58.07
XPPProShares - Ultra FTSE China 50$8.7M$21.32
ARCXTradr 2X Long ACHR Daily ETF$8.7M$14.21
USAXTradr 2X Long USAR Daily ETF$8.5M$12.70
COTGLeverage Shares 2X Long COST Daily ETF$8.5M$13.04
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