Option income on Strategy (MicroStrategy), the most volatile underlying in the lineup.
- Fee
- 0.99%
- AUM
- $3.4B
- Yield
- 96.1%
- 1Y
- -21.4%
- 5Y ann.
- —
- 10Y ann.
- —
- Max ann.
- —
All objectives
Leveraged
Leveraged Crypto & Single-Stock ETFs
RISK WARNING: the most volatile products on this site. Each targets 2x (or -2x) the DAILY move of bitcoin, ether or a single crypto-linked stock, and resets that leverage every night. Bitcoin already moves 5% in a day, so a 2x fund can lose a third of its value in a week and never recover it even if the coin does. Volatility decay applies in full. Position sizes here are measured in days, not years.
Theme performance
Equal-weighted across every fund in this objective
- 1Y
- -10.1%
- 5Y ann.
- —
- 10Y ann.
- —
- All-time ann.
- —
11 funds
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Sort11 funds
Targets 2x the daily move of bitcoin using CME bitcoin futures. The largest and most traded levered bitcoin fund.
- Fee
- 1.85%
- AUM
- $2.4B
- Yield
- 0.0%
- 1Y
- +34.1%
- 5Y ann.
- —
- 10Y ann.
- —
- Max ann.
- —
2x the daily move of Strategy (MicroStrategy), itself a levered bitcoin proxy. Effectively leverage on leverage.
- Fee
- 1.05%
- AUM
- $1.6B
- Yield
- 0.0%
- 1Y
- -48.6%
- 5Y ann.
- —
- 10Y ann.
- —
- Max ann.
- —
2x daily bitcoin from ProShares, built on futures and swaps rather than spot.
- Fee
- 0.95%
- AUM
- $1.1B
- Yield
- 0.0%
- 1Y
- +36.4%
- 5Y ann.
- —
- 10Y ann.
- —
- Max ann.
- —
2x daily Strategy (MicroStrategy) exposure via swaps and options. Extreme single-name concentration.
- Fee
- 1.29%
- AUM
- $900M
- Yield
- 0.0%
- 1Y
- -50.1%
- 5Y ann.
- —
- 10Y ann.
- —
- Max ann.
- —
2x the daily move of ether. Ether's own volatility is higher than bitcoin's, so decay bites harder here.
- Fee
- 1.85%
- AUM
- $700M
- Yield
- 0.0%
- 1Y
- -6.4%
- 5Y ann.
- —
- 10Y ann.
- —
- Max ann.
- —
2x the daily move of Coinbase, the highest-beta way to trade crypto exchange volume.
- Fee
- 1.15%
- AUM
- $600M
- Yield
- 0.0%
- 1Y
- -21.4%
- 5Y ann.
- —
- 10Y ann.
- —
- Max ann.
- —
Option income on Coinbase, so distributions track crypto trading volatility.
- Fee
- 1.05%
- AUM
- $500M
- Yield
- 82.6%
- 1Y
- -6.9%
- 5Y ann.
- —
- 10Y ann.
- —
- Max ann.
- —
2x daily bitcoin via swaps on spot bitcoin ETFs. Smaller and wider-spread than BITX or BITU.
- Fee
- 1.05%
- AUM
- $200M
- Yield
- 0.0%
- 1Y
- +33.6%
- 5Y ann.
- —
- 10Y ann.
- —
- Max ann.
- —
-2x daily bitcoin. A short-horizon bearish trade; grinds lower in choppy or rising markets.
- Fee
- 0.95%
- AUM
- $100M
- Yield
- 0.0%
- 1Y
- -52.4%
- 5Y ann.
- —
- 10Y ann.
- —
- Max ann.
- —
2x daily ether through swaps on spot ether ETFs.
- Fee
- 1.05%
- AUM
- $100M
- Yield
- 0.0%
- 1Y
- -8.1%
- 5Y ann.
- —
- 10Y ann.
- —
- Max ann.
- —