As of Oct 27, 2026. Rebuilt every trading night.
The leveraged ETFs furthest above their multiple
See 15 funds ranked by the fund’s return minus its multiple of the underlying’s move, three months. Updated Oct 27, 2026.
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All 15, highest first
15 of 15 · click a column to sortPoints (pts) are percentage points.
| # | Ticker | Fund | Issuer | Says | Underlying asset | Underlying did | Fund returned | Multiple of that move | Difference ↓ |
|---|---|---|---|---|---|---|---|---|---|
| 1 | GEMG | Leverage Shares 2X Long GEMI Daily ETF | Leverage Shares | +2x | GEMI | −29.7% | −17.3% | −59.4% | +42.1 pts |
| 2 | PUL | GraniteShares 2x Long P Daily ETF | GraniteShares | +2x | P | +90.1% | +208.8% | +180.2% | +28.6 pts |
| 3 | SCO | ProShares UltraShort Bloomberg Crude Oil | ProShares | −2x | OILK | +32.8% | −45.1% | −65.6% | +20.5 pts |
| 4 | MSTZ | T-REX 2X INVERSE MSTR DAILY TARGET ETF | T-REX | −2x | MSTR | +47.0% | −74.8% | −94.0% | +19.2 pts |
| 5 | SMST | Defiance Daily Target 2X Short MSTR ETF | Defiance | −2x | MSTR | +47.0% | −75.8% | −94.0% | +18.2 pts |
| 6 | PONX | Tradr 2X Long PONY Daily ETF | Tradr | +2x | PONY | −33.1% | −48.6% | −66.2% | +17.6 pts |
| 7 | TSLQ | Tradr 2X Short TSLA Daily ETF | Tradr | −2x | TSLA | +32.5% | −49.1% | −65.0% | +15.9 pts |
| 8 | PLTD | Direxion Daily PLTR Bear 1X ETF | Direxion | −1x | PLTR | +60.9% | −45.3% | −60.9% | +15.6 pts |
| 9 | TSDD | GraniteShares 2x Short TSLA Daily ETF | GraniteShares | −2x | TSLA | +32.5% | −49.5% | −65.0% | +15.5 pts |
| 10 | TSLZ | T-REX 2X INVERSE TESLA DAILY TARGET ETF | T-REX | −2x | TSLA | +32.5% | −49.6% | −65.0% | +15.4 pts |
| 11 | CPNX | Tradr 2X Long CPNG Daily ETF | Tradr | +2x | CPNG | −9.9% | −7.1% | −19.8% | +12.7 pts |
| 12 | EO | Corgi EOSE 2x Daily ETF | Corgi | +2x | EOSE | −46.0% | −79.5% | −92.0% | +12.5 pts |
| 13 | EOSU | T-REX 2X LONG EOSE DAILY TARGET ETF | T-REX | +2x | EOSE | −46.0% | −80.5% | −92.0% | +11.5 pts |
| 14 | OSSL | Defiance Daily Target 2X Long OSS ETF | Defiance | +2x | OSS | −42.5% | −74.1% | −85.0% | +10.9 pts |
| 15 | KBAB | KraneShares 2x Long BABA Daily ETF | KraneShares | +2x | BABA | −13.0% | −15.3% | −26.0% | +10.7 pts |
Compounding a levered daily return does not always cost the holder: in a steady run in one direction it pays them.
The rest of the method
These are the funds that finished above their multiple of the underlying’s move. The list sorts one published number, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.
Links are sources, not endorsements. A ranking is not a recommendation or an opinion.
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ETFIQ, The leveraged ETFs furthest above their multiple, ranked by the fund’s return minus its multiple of the underlying’s move, data as of Oct 27, 2026. https://etfiq.com/rankings/leverage-closest-to-the-label
ETFIQ. (Oct 27, 2026). The leveraged ETFs furthest above their multiple, ranked by the fund’s return minus its multiple of the underlying’s move. Retrieved from https://etfiq.com/rankings/leverage-closest-to-the-label
[The leveraged ETFs furthest above their multiple, ranked by the fund’s return minus its multiple of the underlying’s move (ETFIQ, Oct 27, 2026)](https://etfiq.com/rankings/leverage-closest-to-the-label)
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