There are about 125 ETFs that provide leverage, but only about 45 trade more than 100,000 shares a day. Some leveraged ETFs are 2X and others are 3X.  The higher the leverage, the more likely the ETF will experience tracking errors over a period longer than a day. One must be careful using ETFs with leverage, as it cuts both ways!

The following list of leveraged ETFs highlights the most popular funds. (“Ultra” = 2X and “UltraPro” = 3X). At Hawkeye ETF this is the type of ETF we use for our trading, because we are looking for significant ‘beta’ and good volume while reducing company-specific risk.

LEVERAGED EQUITY ETFs

(SPXL) Direxion Daily S&P 500 Bull 3x
(SPXS) Direxion Daily S&P 500 Bear 3X

(SSO) ProShares Ultra S&P 500
(SDS) ProShares UltraShort S&P 500

(UPRO) ProShares UltraPro S&P 500
(SPXU) ProShares UltraPro Short S&P 500

(DDM) ProShares Ultra Dow 30
(DXD) ProShares UltraShort Dow 30

(UDOW) ProShares UltraPro Dow 30
(SDOW) ProShares UltraPro Short Dow 30

(QLD) ProShares Ultra QQQ
(QID) ProShares UltraShort QQQ

(TQQQ) ProShares UltraPro QQQ
(SQQQ) ProShares UltraPro Short QQQ

(TNA) Direxion Small Cap Bull 3X Russell 2000
(TZA) Direxion Small Cap Bear 3X Russell 2000

(UWM) ProShares Ultra Russell 2000
(TWM) ProShares UltraShort Russell 2000

(URTY) ProShares UltraPro Russell 2000
(SRTY) ProShares UltraPro Short Russell 2000

LEVERAGED SECTOR ETFs

(FAS) Direxion Financial Bull 3X
(FAZ) Direxion Financial Bear 3X

(UYG) ProShares Ultra Financials
(SKF) ProShares UltraShort Financials

(BIB) Ultra Nasdaq Biotechnology
(BIS) Ultrashort Nasdaq Biotech

(CURE) Daily Healthcare Bull 3X

(ERX) Direxion Energy Bull 3X
(ERY) Direxion Daily Energy Bear 3x

(DIG) ProShares Ultra Oil & Gas
(DUG) ProShares UltraShort Oil & Gas

LEVERAGED REGIONAL ETFs

(EDC) Direxion Daily Emerging Markets Bull 3x
(EDZ) Direxion Daily Emerging Markets Bear 3x

(YINN) Direxion Daily China Bull 3x ETF
(YANG) Direxion Daily China Bear 3x ETF

(XPP) ProShares Ultra FTSE China 25
(FXP) ProShares UltraShort FTSE China 25

(RUSL) Daily Russia Bull 3x
(RUSS) Daily Russia Bear 3X

LEVERAGED COMMODITY ETFs

(DZZ) PowerShares DB Gold Double Short ETN
(DGZ) PowerShares DB Gold Short ETN (thin)

(NUGT) Direxion Daily Gold Miners Bull 3X
(DUST) Direxion Daily Gold Miners Bear 3X
(JNUG) Daily Junior Gold Miners Index Bull 3X

(DSLV) VelocityShares 3x Inverse Silver ETN
(ZSL) ProShares UltraShort Silver (thin)

(GASL) Daily Natural Gas Related Bull 3X
(GASS) Daily Natural Gas Related Bear 3X
(DGAZ) 3x Inverse Natural Gas ETN

(DTO) PowerShares DB Crude Oil Double Short ETN
(SCO) ProShares UltraShort DJ-UBS Crude Oil

CURRENCY ETFs

(YCS) ProShares UltraShort Yen
(EUO) ProShares UltraShort Euro