3x the DAILY move of the Nasdaq 100. Resets nightly, so multi-day returns diverge sharply from 3x the index.
- Fee
- 0.84%
- AUM
- $26.4B
- Yield
- 1.1%
- 1Y
- +34.6%
- 5Y ann.
- +29.1%
- 10Y ann.
- —
- Max ann.
- —
All objectives
Leveraged
Leveraged & Inverse ETFs
RISK WARNING: these reset their leverage every single day. Over any period longer than a day your return is path-dependent, and choppy markets erode value even if the underlying ends flat — a phenomenon called volatility decay. Inverse funds compound the problem. They are built for short holding periods, not buy-and-hold, and can lose most of their value in a sustained adverse move.
Theme performance
Equal-weighted across every fund in this objective
- 1Y
- -2.7%
- 5Y ann.
- -10.0%
- 10Y ann.
- —
- All-time ann.
- —
11 funds
11 funds
no data
no data
Sort11 funds
3x daily leveraged SOX. Extreme decay risk in choppy markets.
- Fee
- 0.75%
- AUM
- $11.2B
- Yield
- 0.4%
- 1Y
- +61.4%
- 5Y ann.
- +21.4%
- 10Y ann.
- —
- Max ann.
- —
2x daily Nasdaq 100. Less violent than TQQQ but the same daily-reset decay applies.
- Fee
- 0.95%
- AUM
- $8.1B
- Yield
- 0.4%
- 1Y
- +29.4%
- 5Y ann.
- +24.6%
- 10Y ann.
- —
- Max ann.
- —
2x daily S&P 500, the mildest of the leveraged equity funds.
- Fee
- 0.89%
- AUM
- $6.4B
- Yield
- 0.6%
- 1Y
- +24.9%
- 5Y ann.
- +22.1%
- 10Y ann.
- —
- Max ann.
- —
3x the daily S&P 500. Broader than TQQQ, with the same path-dependency problem.
- Fee
- 0.91%
- AUM
- $4.6B
- Yield
- 0.8%
- 1Y
- +28.1%
- 5Y ann.
- +26.9%
- 10Y ann.
- —
- Max ann.
- —
3x daily long Treasuries: a levered bet that long rates fall.
- Fee
- 1.03%
- AUM
- $3.1B
- Yield
- 4.1%
- 1Y
- +8.4%
- 5Y ann.
- -34.1%
- 10Y ann.
- —
- Max ann.
- —
-3x daily Nasdaq 100. Loses value in flat markets and in up markets; a hedging tool measured in days.
- Fee
- 0.95%
- AUM
- $2.1B
- Yield
- 4.6%
- 1Y
- -49.6%
- 5Y ann.
- -56.1%
- 10Y ann.
- —
- Max ann.
- —
-3x daily S&P 500. Structurally guaranteed to grind lower over long horizons.
- Fee
- 0.90%
- AUM
- $700M
- Yield
- 4.4%
- 1Y
- -44.1%
- 5Y ann.
- -49.4%
- 10Y ann.
- —
- Max ann.
- —
-3x daily semiconductors. The most volatile product on this site by a wide margin.
- Fee
- 1.03%
- AUM
- $600M
- Yield
- 5.4%
- 1Y
- -78.4%
- 5Y ann.
- -79.6%
- 10Y ann.
- —
- Max ann.
- —
-2x daily S&P 500, the standard short-term equity hedge.
- Fee
- 0.89%
- AUM
- $500M
- Yield
- 4.1%
- 1Y
- -32.4%
- 5Y ann.
- -36.1%
- 10Y ann.
- —
- Max ann.
- —
-2x daily long Treasuries: a levered bet that long rates rise.
- Fee
- 0.90%
- AUM
- $300M
- Yield
- 4.6%
- 1Y
- -11.6%
- 5Y ann.
- +21.4%
- 10Y ann.
- —
- Max ann.
- —