Data as of Oct 27, 2026.

Leveraged and inverse ETFs · 87 funds

Two times inverse ETFs

See how funds that return -2 times the daily move did over a quarter. 87 funds. Updated Oct 27, 2026.

IQ · Oct 27, 2026
More about this list

Over a day they match it; over a quarter they rarely do, and the last column is the gap.

Two times inverse, 87 funds. Returns over three months where there are three months, against what the stated multiple would have produced. To Oct 27, 2026. Source: ETFIQ.

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Points (pts) are percentage points.

Two times inverse, 87 funds. Returns over three months where there are three months, against what the stated multiple would have produced. To Oct 27, 2026. Source: ETFIQ.
TickerFundIssuervs its multiple ↑Net assetsNet assets as ofFeeTotal return 1MTotal return 3MTotal return YTDTotal return 1YTotal return 3YTotal return since launchMultipleUnderlying assetReturnedIssuers selling it
AAOZTradr 2X Short AAOI Daily ETFTradr−81.5 pts$7.3mOct 27, 20261.49%+27.7%−56.1%–––−44.2% since Jul 2026−2xAAOI−56.1%1
SMZTradr 2X Short SMR Daily ETFTradr−79.2 pts$1.1mOct 16, 20261.49%+44.2%−17.8%–––−14.7% since Feb 2026−2xSMR−17.8%1
IREZTradr 2X Short IREN Daily ETFTradr−78.4 pts$10mOct 27, 20261.49%+118.2%−40.2%–––−76.9% since Jan 2026−2xIREN−40.2%1
NBIZTradr 2X Short NBIS Daily ETFTradr−74.9 pts$32mOct 27, 20261.49%+60.1%−75.9%–––−98.9% since Jan 2026−2xNBIS−75.9%1
CORDT-REX 2X INVERSE CRWV DAILY TARGET ETFT-REX−71.4 pts$43mOct 26, 20261.50%+74.8%−48.4%−87.3%−72.9%–−81.6% since Sep 2025−2xCRWV−48.4%1
CBRZTradr 2X Short CBRS Daily ETFTradr−60.6 pts$2.8mOct 27, 20261.49%+144.9%+15.6%–––−26.0% since May 2026−2xCBRS+15.6%1
APLZTradr 2X Short APLD Daily ETFTradr−56.9 pts$4.7mOct 27, 20261.49%+47.3%−3.5%–––−75.9% since Jan 2026−2xAPLD−3.5%1
QBTZDefiance Daily Target 2X Short QBTS ETFDefiance−50.4 pts$3.2mOct 26, 20262.31%+79.2%+12.0%−80.7%−85.1%–−90.4% since Oct 2025−2xQBTS+12.0%1
ASTNDefiance Daily Target 2X Short ASTS ETFDefiance−50.0 pts$2.4mOct 26, 20261.31%+77.4%+1.6%–––−54.2% since Feb 2026−2xASTS+1.6%1
RGTZDefiance Daily Target 2X Short RGTI ETFDefiance−49.3 pts$13mOct 26, 20261.83%+53.3%−20.7%−80.4%−69.9%–−74.0% since Oct 2025−2xRGTI−20.7%1
RKLZDefiance Daily Target 2X Short RKLB ETFDefiance−44.6 pts$3.9mOct 26, 20261.29%+39.1%−27.2%−90.5%––−97.6% since Nov 2025−2xRKLB−27.2%1
IONZDefiance Daily Target 2X Short IONQ ETFDefiance−44.0 pts$10mOct 26, 20261.91%+61.3%−38.6%−86.5%−85.5%–−97.5% since Jun 2025−2xIONQ−38.6%1
CONIGraniteShares 2x Short COIN Daily ETFGraniteShares−38.8 pts$8.3mOct 26, 20261.15%+35.6%−30.6%−56.0%−8.2%–−94.1% since Sep 2024−2xCOIN−30.6%1
SNDQTradr 2X Short SNDK Daily ETFTradr−29.2 pts$83mOct 27, 20261.49%+70.3%−67.2%–––−93.6% since Apr 2026−2xSNDK−67.2%1
RAMZT-REX 2X INVERSE DRAM DAILY TARGET ETFT-REX−26.3 pts$8.1mOct 26, 20261.50%+38.4%−37.9%–––−37.9% since Jul 2026−2xDRAM−37.9%1
SKDDGraniteShares 2x Short SK Hynix Daily ETFGraniteShares−25.8 pts$3.2mOct 26, 20262.20%+55.1%−49.2%–––−8.4% since Jul 2026−2xSKHY−49.2%3
SKHNTradr 2X Short SK Hynix Daily ETFTradr−25.2 pts$534,330Oct 27, 20261.49%+55.7%−48.6%–––−48.6% since Jul 2026−2xSKHY−48.6%3
MUZDefiance Daily Target 2X Short MU ETFDefiance−21.7 pts$16mOct 26, 20261.31%+24.8%−48.1%–––−60.0% since Jun 2026−2xMU−48.1%1
SMCZDefiance Daily Target 2X Short SMCI ETFDefiance−17.7 pts$19,536Oct 26, 20261.55%+27.4%−64.3%−95.4%−88.7%–−98.2% since Apr 2025−2xSMCI−64.3%1
BZQProShares UltraShort MSCI Brazil CappedProShares−17.3 pts$2.7mOct 27, 20260.95%−1.9%−7.5%−34.9%−44.0%−63.1%−99.8%−2xEWZ−7.5%1
COHQTradr 2X Short COHR Daily ETFTradr−14.4 pts$1.5mOct 27, 20261.49%+26.2%––––+14.8% since Aug 2026−2xCOHR+26.2%1
BMNZDefiance Daily Target 2X Short BMNR ETFDefiance−13.9 pts$14mOct 26, 20261.40%+44.3%−60.1%−76.0%––−76.1% since Nov 2025−2xBMNR−60.1%1
ORCZTradr 2X Short ORCL Daily ETFTradr−13.7 pts$3.8mOct 27, 20261.49%+2.1%−32.1%–––−20.5% since Jul 2026−2xORCL−32.1%1
JDSTDirexion Daily Junior Gold Miners Index Bear 2Direxion−13.6 pts$43mOct 26, 20260.92%+30.9%−27.4%−42.0%−66.9%−97.6%−100.0%−2xGDXJ−27.4%1
AXTQTradr 2X Short AXTI Daily ETFTradr−13.4 pts$5.7mOct 27, 20261.49%+39.0%––––+1.5% since Aug 2026−2xAXTI+39.0%1
BEZTradr 2X Short BE Daily ETFTradr−12.0 pts$13mOct 27, 20261.49%+38.2%−74.0%–––−97.0% since Feb 2026−2xBE−74.0%1
CRCDT-REX 2X INVERSE CRCL DAILY TARGET ETFT-REX−10.2 pts$5.5mOct 26, 20261.50%+6.7%−63.8%−93.9%−87.1%–−91.3% since Sep 2025−2xCRCL−63.8%1
LOFDDirexion Daily SpaceX Bear 2X ETFDirexion−9.3 pts$2.9mOct 26, 20260.97%−9.1%––––−54.5% since Aug 2026−2xSPCX−9.1%5
AMZOTradr 2X Short AMZN Daily ETFTradr−7.7 pts$768,707Oct 27, 20261.49%−4.6%−26.9%–––−45.7% since Mar 2026−2xAMZN−26.9%1
DUSTDirexion Daily Gold Miners Index Bear 2X ETFDirexion−7.0 pts$88mOct 26, 20260.94%+20.6%−31.2%−40.1%−63.3%−96.1%−100.0%−2xGDX−31.2%1
SPCQDefiance Daily Target 2X Short SPCX ETFDefiance−6.8 pts$1.1mOct 26, 20261.31%−11.4%−62.0%–––−19.7% since Jun 2026−2xSPCX−62.0%5
ZSLProShares UltraShort SilverProShares−5.9 pts$67mOct 27, 20260.95%+36.7%+3.9%−37.4%−76.8%−95.7%−100.0%−2xSLV+3.9%1
LITZTradr 2X Short LITE Daily ETFTradr−5.6 pts$19mOct 27, 20261.49%−2.3%−71.4%–––−76.3% since Apr 2026−2xLITE−71.4%1
DAMDDefiance Daily Target 2X Short AMD ETFDefiance−4.5 pts$17mOct 26, 20261.30%+17.7%−50.9%−96.0%––−95.1% since Nov 2025−2xAMD−50.9%1
NVDQT-REX 2X INVERSE NVIDIA DAILY TARGET ETFT-REX−4.4 pts$22mOct 26, 20261.05%+4.5%−26.0%−47.7%−48.8%−99.5%−99.4%−2xNVDA−26.0%2
SNKGraniteShares 2x Short SpaceX Daily ETFGraniteShares−4.1 pts$74mOct 26, 20262.20%−9.9%−59.3%–––−11.3% since Jun 2026−2xSPCX−59.3%5
SSPCLeverage Shares 2X Short SPCX Daily ETFLeverage Shares−4.1 pts$112mOct 26, 20260.75%−9.9%−59.3%–––−10.2% since Jun 2026−2xSPCX−59.3%5
SPCGTradr 2X Short SpaceX Daily ETFTradr−3.3 pts$11mOct 27, 20261.49%−9.2%−58.5%–––−7.4% since Jun 2026−2xSPCX−58.5%5
NVDGraniteShares 2x Short NVDA Daily ETFGraniteShares−3.1 pts$61mOct 26, 20261.35%+5.4%−24.7%−45.0%−45.8%−99.3%−99.1%−2xNVDA−24.7%2
STSMDefiance Daily Target 2X Short TSM ETFDefiance−3.0 pts$1.3mOct 26, 20261.30%+3.7%−26.4%−68.8%––−74.6% since Nov 2025−2xTSM−26.4%1
EEVProShares UltraShort MSCI Emerging MarketsProShares−1.4 pts$2.6mOct 27, 20260.95%+18.0%−2.0%−32.6%−31.6%−72.0%−99.6%−2xEEM−2.0%1
GLLProShares UltraShort GoldProShares−0.5 pts$101mOct 27, 20260.95%+12.0%−2.1%+0.3%−13.9%−76.1%−98.7%−2xGLD−2.1%1
BISProShares UltraShort Nasdaq BiotechnologyProShares−0.3 pts$1.8mOct 27, 20260.95%−2.7%−17.7%−40.5%−49.3%−76.8%−67.3%−2xIBBQ−17.7%1
SZKProShares UltraShort Consumer StaplesProShares+0.6 pts$674,402Oct 27, 20260.95%−11.6%−1.0%−22.2%−19.5%−39.1%−98.6%−2xXLP−1.0%1
SMNProShares UltraShort MaterialsProShares+0.7 pts$3.9mOct 27, 20260.95%−7.3%+1.9%−25.2%−28.5%−49.4%−99.8%−2xXLB+1.9%1
SCCProShares UltraShort Consumer DiscretionaryProShares+0.7 pts$2.9mOct 27, 20260.95%−8.1%−5.1%+4.8%+6.6%−61.9%−99.7%−2xXLY−5.1%1
SKRETUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKSTuttle+0.8 pts$7.2mMay 31, 20260.75%−3.1%+10.6%−28.3%−37.7%–−72.6% since Jan 2024−2xKRE+10.6%1
EWVProShares UltraShort MSCI JapanProShares+0.9 pts$4.2mOct 27, 20260.95%+6.1%−11.1%−32.1%−32.1%−70.1%−98.1%−2xEWJ−11.1%1
EFUProShares UltraShort MSCI EAFEProShares+1.0 pts$1.2mOct 27, 20260.95%+4.3%+1.6%−16.8%−19.4%−63.6%−98.0%−2xEFA+1.6%1
EPVProShares UltraShort FTSE EuropeProShares+1.1 pts$11mOct 27, 20260.95%+4.1%+5.5%−11.9%−16.9%−64.3%−99.3%−2xVGK+5.5%1
ETHDProShares UltraShort Ether ETFProShares+1.2 pts$53mOct 27, 20260.95%+28.4%−43.0%−29.9%+4.7%–−88.9% since Jun 2024−2xEther−43.0%1
QIDProShares UltraShort QQQProShares+1.2 pts$282mOct 27, 20260.95%+6.5%−12.6%−28.2%−24.8%−77.9%−100.0%−2xQQQ−12.6%1
REWProShares UltraShort TechnologyProShares+1.2 pts$3.9mOct 27, 20260.95%+6.7%−20.6%−48.8%−45.3%−86.5%−100.0%−2xXLK−20.6%1
DXDProShares UltraShort Dow30ProShares+1.6 pts$42mOct 27, 20260.95%−1.6%+2.4%−14.1%−15.4%−57.6%−99.5%−2xDIA+2.4%1
TWMProShares UltraShort Russell2000ProShares+1.8 pts$60mOct 27, 20260.95%+1.7%+10.2%−23.8%−21.6%−70.4%−99.8%−2xIWM+10.2%1
SKFProShares UltraShort FinancialsProShares+1.8 pts$10mOct 27, 20260.95%−3.2%+7.0%−3.4%−8.2%−67.3%−99.8%−2xXLF+7.0%1
SDPProShares UltraShort UtilitiesProShares+1.8 pts$2.0mOct 27, 20260.95%−14.5%+12.2%−3.2%+11.0%−55.5%−99.0%−2xXLU+12.2%1
RXDProShares UltraShort Health CareProShares+1.8 pts$3.2mOct 27, 20260.95%−9.2%−13.2%−26.1%−34.3%−50.2%−99.5%−2xXLV−13.2%1
TBTProShares UltraShort 20+ Year TreasuryProShares+1.9 pts$290mOct 27, 20260.93%−6.0%+5.7%+12.0%+23.5%+0.7%−83.2%−2xTLT+5.7%1
SDSProShares UltraShort S&P500ProShares+2.0 pts$367mOct 27, 20260.91%+1.1%−6.2%−19.2%−17.9%−68.5%−99.7%−2xSPY−6.2%1
PSTProShares UltraShort 7-10 Year TreasuryProShares+2.1 pts$11mOct 27, 20260.95%−2.4%+5.3%+12.0%+15.1%+5.3%−59.3%−2xIEF+5.3%1
MZZProShares UltraShort MidCap400ProShares+2.1 pts$4.6mOct 27, 20260.95%0.0%+8.9%−17.4%−16.9%−59.6%−99.8%−2xMDY+8.9%1
SDDProShares UltraShort SmallCap600ProShares+2.4 pts$1.6mOct 27, 20260.95%−1.2%+10.8%−25.4%−25.0%−64.7%−99.8%−2xIJR+10.8%1
FXPProShares UltraShort FTSE China 50ProShares+2.4 pts$6.1mOct 27, 20260.95%+9.1%+20.0%+32.8%+50.2%−63.2%−99.8%−2xFXI+20.0%1
SIJProShares UltraShort IndustrialsProShares+3.0 pts$2.0mOct 27, 20260.95%+3.2%+18.4%−15.6%−14.9%−66.5%−99.8%−2xXLI+18.4%1
SRSProShares UltraShort Real EstateProShares+3.2 pts$17mOct 27, 20260.95%−3.9%+17.2%−11.2%−1.5%−46.3%−86.6%−2xXLRE+17.2%1
METQTradr 2X Short META Daily ETFTradr+6.3 pts$4.8mOct 27, 20261.49%+41.3%––––−31.4% since Aug 2026−2xMETA+41.3%1
SKHQLeverage Shares 2X Short Sk Hynix Daily ETFLeverage Shares+6.7 pts$1.1mOct 26, 20260.99%+54.9%––––+5.0% since Sep 2026−2xSKHY+54.9%3
DRIPDirexion Daily S&P Oil & Gas Exp. & Prod. BearDirexion+7.8 pts$132mOct 26, 20261.01%−18.2%−33.6%−66.2%−65.7%−68.4%−99.8%−2xXOP−33.6%1
ERYDirexion Daily Energy Bear 2X ETFDirexion+7.9 pts$50mOct 26, 20260.99%−17.6%−30.5%−60.6%−62.1%−69.4%−100.0%−2xXLE−30.5%2
DUGProShares UltraShort EnergyProShares+8.0 pts$33mOct 27, 20260.95%−17.5%−30.4%−60.7%−62.2%−69.9%−99.9%−2xXLE−30.4%2
BTCZT-REX 2X INVERSE BITCOIN DAILY TARGET ETFT-REX+9.5 pts$12mOct 26, 20260.95%+7.6%−43.3%−25.8%+15.5%–−87.7% since Jul 2024−2xBitcoin−43.3%2
SBITProShares UltraShort Bitcoin ETFProShares+10.0 pts$115mOct 27, 20260.95%+8.0%−42.8%−22.1%+22.6%–−84.3% since Apr 2024−2xBitcoin−42.8%2
TSLZT-REX 2X INVERSE TESLA DAILY TARGET ETFT-REX+15.4 pts$23mOct 26, 20261.05%−19.9%−49.6%−24.5%−31.0%−98.7%−98.5%−2xTSLA−49.6%3
TSDDGraniteShares 2x Short TSLA Daily ETFGraniteShares+15.5 pts$25mOct 26, 20260.95%−19.8%−49.5%−23.2%−29.5%−98.5%−98.3%−2xTSLA−49.5%3
TSLQTradr 2X Short TSLA Daily ETFTradr+15.9 pts$114mOct 27, 20261.15%−19.6%−49.1%−21.6%−27.5%−97.2%−97.8%−2xTSLA−49.1%3
SMSTDefiance Daily Target 2X Short MSTR ETFDefiance+18.2 pts$3.9mOct 26, 20261.38%+10.4%−75.8%−85.0%−56.3%–−99.2% since Aug 2024−2xMSTR−75.8%2
MSTZT-REX 2X INVERSE MSTR DAILY TARGET ETFT-REX+19.2 pts$84mOct 26, 20261.05%+12.3%−74.8%−83.3%−50.2%–−99.4% since Sep 2024−2xMSTR−74.8%2
SCOProShares UltraShort Bloomberg Crude OilProShares+20.5 pts$884mOct 27, 20260.95%−20.3%−45.1%−79.3%−77.3%−75.9%−99.5%−2xOILK−45.1%1
KOLDProShares UltraShort Bloomberg Natural GasProSharesnot comparable$62mOct 27, 20260.95%+25.8%+0.4%−12.0%−8.8%+26.3%–−2xBloomberg Natural+0.4%1
AIBDDirexion Daily AI and Big Data Bear 2X ETFDirexionnot comparable$6.3mOct 26, 20261.05%+7.3%−24.9%−39.5%−27.7%––−2xAI and Big Data−24.9%1
QQDNProShares UltraShort QQQ MegaProSharesnot comparable$994,217Oct 27, 20260.95%+0.6%−16.1%−20.4%−17.1%––−2xNasdaq-100 Mega In−16.1%1
SSGProShares UltraShort SemiconductorsProSharesnot comparable$37mOct 27, 20260.95%+14.5%−17.4%−59.7%−59.8%−98.4%–−2xDow Jones U.S. Sem−17.4%1
TSXDDirexion Daily Semiconductors Top 5 Bear 2X ETDirexionnot comparable$1.6mOct 26, 20260.99%+19.6%−15.8%−68.8%−66.9%––−2xSemiconductors Top−15.8%1
TTXDDirexion Daily Technology Top 5 Bear 2X ETFDirexionnot comparable$960,763Oct 26, 20261.02%+6.4%−18.4%−53.4%−43.5%––−2xTechnology Top 5−18.4%1
PLTZDefiance Daily Target 2X Short PLTR ETFDefiancenot comparable$30mOct 26, 20261.31%−13.1%−77.6%−72.9%−73.7%–−90.4% since Jun 2025−2xPLTR−77.6%1
EUOProShares UltraShort EuroProSharesnot comparable$46mOct 27, 20260.95%+5.2%+6.0%+15.7%+14.8%+3.9%–−2xEuro+6.0%1
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ETFIQ, Two times inverse ETFs, data as of Oct 27, 2026. https://etfiq.com/leverage/two-times-inverse

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