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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| Symbol▼ | Fund Name▼ | AUM▼ | Price▼ |
|---|---|---|---|
| SOFA | Direxion Daily SOFI Bull 2X ETF | $8.5M | $15.49 |
| FINU | ProShares UltraPro Financial Select Sector | $8.4M | — |
| ORCS | Direxion Daily ORCL Bear 1X ETF | $8.4M | $29.02 |
| MNM | Direxion Daily Metals & Mining Bull 2X Shares | $8.3M | $29.16 |
| COIG | Leverage Shares 2x Long COIN Daily ETF | $8.2M | $5.81 |
| BULG | Leverage Shares 2x Long BULL Daily ETF | $8.0M | $54.52 |
| BAIG | Leverage Shares 2x Long BBAI Daily ETF | $7.9M | $16.48 |
| FLYU | MicroSectors Travel 3x Leveraged ETN | $7.9M | $51.12 |
| AAPX | T-REX 2X Long Apple Daily Target ETF | $7.8M | $36.35 |
| COPZ | Defiance Daily Target 2X Long Copper Miners ETF | $7.8M | $20.28 |
| PANG | Leverage Shares 2x Long PANW Daily ETF | $7.8M | $30.06 |
| WEBS | Direxion Daily Dow Jones Internet Bear 3X ETF | $7.6M | $14.67 |
| LULG | Leverage Shares 2x Long LULU Daily ETF | $7.4M | $6.07 |
| RKLZ | Defiance Daily Target 2X Short RKLB ETF | $7.2M | $4.08 |
| SKRE | Tuttle Capital Daily 2X Inverse Regional Banks ETF | $7.2M | $6.29 |
| QULL | ETRACS 2x Leveraged MSCI US Quality Factor TR ETN | $7.1M | $70.66 |
| IWDL | ETRACS 2x Leveraged US Value Factor TR ETN | $7.0M | $70.24 |
| IWML | ETRACS 2x Leveraged US Size Factor TR ETN | $6.9M | $34.49 |
| BABU | Direxion Daily BABA Bull 2X ETF | $6.8M | $11.22 |
| AIBD | Direxion Daily AI and Big Data Bear 2X ETF | $6.7M | $50.24 |
| BERZ | MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN | $6.7M | $21.32 |
| MIDZ | Direxion Daily Mid Cap Bear 3X Shares | $6.6M | — |
| PLTA | ProShares - Ultra PLTR | $6.5M | $19.78 |
| LTL | ProShares Ultra Communication Services | $6.5M | $24.82 |
| MPG | Leverage Shares 2x Long MP Daily ETF | $6.4M | $5.92 |
| CRMX | Tradr 2X Long CRML Daily ETF | $6.3M | $6.52 |
| SKYU | ProShares - Ultra Nasdaq Cloud Computing | $6.2M | $49.89 |
| TAWK | Direxion Daily Communication Services Index Bull 3X Shares | $6.2M | — |
| ZETX | Daily Target 2X Long ZETA ETF | $6.2M | $35.10 |
| IWFL | ETRACS 2x Leveraged US Growth Factor TR ETN | $6.1M | $61.43 |
| EUFL | Direxion Daily MSCI European Financials Bull 2X Shares | $5.9M | — |
| SIJ | ProShares UltraShort Industrials | $5.9M | $16.36 |
| DUOG | Leverage Shares 2x Long DUOL Daily ETF | $5.8M | $53.65 |
| FXP | ProShares - UltraShort FTSE China 50 | $5.7M | $20.05 |
| HDLB | ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B | $5.7M | $18.38 |
| OOTO | Direxion Daily Travel & Vacation Bull 2X Shares | $5.7M | $18.87 |
| CONX | Direxion Daily COIN Bull 2X ETF | $5.6M | $7.21 |
| SILX | ETFMG Prime 2x Daily Junior Silver Miners ETF | $5.5M | $1.75 |
| SCC | ProShares UltraShort Consumer Discretionary | $5.5M | $14.46 |
| TBXU | Direxion Daily Biotech Top 5 Bull 2X ETF | $5.4M | $44.52 |
| EWV | ProShares UltraShort MSCI Japan | $5.3M | $16.70 |
| FLYD | MicroSectors Travel -3x Inverse Leveraged ETN | $5.3M | $39.74 |
| CLDL | Direxion Daily Cloud Computing Bull 2X Shares | $5.3M | $14.14 |
| QQXL | ProShares - Ultra QQQ Top 30 | $5.3M | $52.44 |
| TIPL | Direxion Daily TIPS Bull 2X Shares | $5.2M | $20.39 |
| CARU | MAX Auto Industry 3X Leveraged ETN | $5.1M | $22.11 |
| MPL | Defiance Daily Target 2X Long MP ETF | $5.0M | $15.89 |
| TTXU | Direxion Daily Technology Top 5 Bull 2X ETF | $5.0M | $32.41 |
| LMBO | Direxion Daily Crypto Industry Bull 2X ETF | $5.0M | $18.51 |
| JETU | MAX Airlines 3X Leveraged ETNs | $5.0M | $30.89 |