Ranked by net assets, as of . Rebuilt every trading night.
The largest leveraged and inverse ETFs
These are the funds most people are holding. What each of them returned against its own stated multiple is a separate question, and one this desk answers fund by fund.
| # | Ticker | Fund | Says | On | Net assets | Fee | Source |
|---|---|---|---|---|---|---|---|
| 1 | TQQQ | ProShares UltraPro QQQ | +3x | QQQ | $35.6bn | 0.82% | Issuer page |
| 2 | SOXL | Direxion Daily Semiconductor Bull 3X ETF | +3x | SOXX | $16.9bn | 0.75% | SEC filing, whole fund |
| 3 | QLD | ProShares Ultra QQQ | +2x | QQQ | $14.1bn | 0.95% | Issuer page |
| 4 | SSO | ProShares Ultra S&P500 | +2x | SPY | $8.9bn | 0.87% | Issuer page |
| 5 | SPXL | Direxion Daily S&P 500(R) Bull 3X ETF | +3x | SPY | $5.9bn | 0.84% | SEC filing, whole fund |
| 6 | UPRO | ProShares UltraPro S&P500 | +3x | SPY | $5.4bn | 0.89% | Issuer page |
| 7 | TSLL | Direxion Daily TSLA Bull 2X ETF | +2x | TSLA | $5.0bn | 0.83% | SEC filing, whole fund |
| 8 | TECL | Direxion Daily Technology Bull 3X ETF | +3x | XLK | $4.7bn | 0.87% | SEC filing, whole fund |
| 9 | NVDL | GraniteShares 2x Long NVDA Daily ETF | +2x | NVDA | $4.1bn | 1.05% | SEC filing, whole fund |
| 10 | TMF | Direxion Daily 20+ Year Treasury Bull 3X | +3x | TLT | $2.7bn | 0.90% | SEC filing, whole fund |
| 11 | USD | ProShares Ultra Semiconductors | +2x | $2.7bn | 0.95% | Issuer page | |
| 12 | SQQQ | ProShares UltraPro Short QQQ | -3x | QQQ | $2.0bn | 0.95% | Issuer page |
| 13 | FAS | Direxion Daily Financial Bull 3X ETF | +3x | XLF | $2.0bn | 0.88% | SEC filing, whole fund |
| 14 | SOXS | Direxion Daily Semiconductor Bear 3X ETF | -3x | SOXX | $1.9bn | 1.00% | SEC filing, whole fund |
| 15 | AMDL | GraniteShares 2x Long AMD Daily ETF | +2x | AMD | $1.7bn | 1.07% | SEC filing, whole fund |
Method
Ranked on the most recent net assets ETFIQ can source for each fund, with the kind of source named beside it. Size is not a measure of anything a fund did. It is where the money is. The ranking is the published field sorted, nothing else: no scoring, no weighting and no view on any fund. Every fund ETFIQ covers in this category is eligible, including funds that have closed, because leaving them out would flatter the category.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
A ranking is not a recommendation and no order on this site is an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources
Cite this page. ETFIQ, The largest leveraged and inverse ETFs, ranked by net assets, data as of Sep 11, 2026. https://etfiq.com/rankings/leverage-biggest Free to use with attribution; the underlying files are at Open data.