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
Page 8 of 11
| Symbol▼ | Fund Name▼ | AUM▼ | Price▼ |
|---|---|---|---|
| QULL | ETRACS 2x Leveraged MSCI US Quality Factor TR ETN | $7.1M | $70.66 |
| PLTA | ProShares - Ultra PLTR | $7.0M | $23.73 |
| IWDL | ETRACS 2x Leveraged US Value Factor TR ETN | $7.0M | $70.24 |
| PDDL | GraniteShares 2x Long PDD Daily ETF | $7.0M | $10.68 |
| SIJ | ProShares UltraShort Industrials | $6.9M | $18.87 |
| IWML | ETRACS 2x Leveraged US Size Factor TR ETN | $6.9M | $34.49 |
| XOMX | Direxion Daily XOM Bull 2X ETF | $6.8M | $56.98 |
| MIDZ | Direxion Daily Mid Cap Bear 3X Shares | $6.6M | — |
| BERZ | MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN | $6.4M | $18.78 |
| TAWK | Direxion Daily Communication Services Index Bull 3X Shares | $6.2M | — |
| WTID | MicroSectors Energy 3X Inverse Leveraged ETNs | $6.2M | $2.02 |
| IWFL | ETRACS 2x Leveraged US Growth Factor TR ETN | $6.1M | $61.43 |
| SKYU | ProShares - Ultra Nasdaq Cloud Computing | $6.1M | $53.31 |
| PLU | Daily Target 2X Long PL ETF | $6.0M | $3.02 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | $6.0M | $14.22 |
| KMLI | KraneShares 2x Long MELI Daily ETF | $6.0M | $8.97 |
| AIBD | Direxion Daily AI and Big Data Bear 2X ETF | $6.0M | $46.17 |
| CONX | Direxion Daily COIN Bull 2X ETF | $6.0M | $6.17 |
| JETD | MAX Airlines -3X Inverse Leveraged ETNs | $6.0M | $3.83 |
| UJB | ProShares - Ultra High Yield | $5.9M | $73.64 |
| EUFL | Direxion Daily MSCI European Financials Bull 2X Shares | $5.9M | — |
| USAX | Tradr 2X Long USAR Daily ETF | $5.9M | $3.38 |
| COPZ | Defiance Daily Target 2X Long Copper Miners ETF | $5.8M | $12.52 |
| OOTO | Direxion Daily Travel & Vacation Bull 2X Shares | $5.7M | $18.87 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETN | $5.7M | $54.16 |
| QQXL | ProShares - Ultra QQQ Top 30 | $5.6M | $55.25 |
| NETG | Leverage Shares 2x Long NET Daily ETF | $5.5M | $18.32 |
| FXP | ProShares - UltraShort FTSE China 50 | $5.5M | $23.34 |
| SILX | ETFMG Prime 2x Daily Junior Silver Miners ETF | $5.5M | $1.75 |
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | $5.5M | $6.93 |
| CLDL | Direxion Daily Cloud Computing Bull 2X Shares | $5.3M | $14.14 |
| FLYU | MicroSectors Travel 3x Leveraged ETN | $5.3M | $36.59 |
| ZETX | Daily Target 2X Long ZETA ETF | $5.2M | $39.60 |
| TIPL | Direxion Daily TIPS Bull 2X Shares | $5.2M | $20.39 |
| LTL | ProShares Ultra Communication Services | $5.1M | $22.81 |
| SOUX | Daily Target 2X Long SOUN ETF | $5.0M | $4.57 |
| SMCZ | Daily Target 2X Short SMCI ETF | $5.0M | $5.40 |
| HDLB | ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B | $5.0M | $15.63 |
| LMBO | Direxion Daily Crypto Industry Bull 2X ETF | $5.0M | $18.51 |
| EOSU | T-REX 2X Long EOSE Daily Target ETF | $5.0M | $1.15 |
| QSU | Daily Target 2X Long QS ETF | $4.9M | $2.86 |
| MPL | Defiance Daily Target 2X Long MP ETF | $4.7M | $16.00 |
| USML | ETRACS 2x Leveraged MSCI US Minimum Volatility Factor TR ETN | $4.7M | $47.26 |
| SWAR | Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares | $4.7M | $11.32 |
| MZZ | ProShares - UltraShort MidCap400 | $4.6M | $6.39 |
| NVDB | ProShares - Ultra NVDA | $4.6M | $31.70 |
| FINZ | ProShares UltraPro Short Financial Select Sector | $4.6M | — |
| USOD | United States 3x Short Oil Fund | $4.6M | — |
| QBTZ | Defiance Daily Target 2X Short QBTS ETF | $4.5M | $28.47 |
| NEED | Direxion Daily Cnsmr Staples Bull 3XShrs | $4.4M | — |