# Every leveraged ETF on TLT, largest first

> TMF leads every leveraged ETF on TLT, largest first at $2.0bn (net assets), as of Oct 27, 2026. 6 funds from ETFIQ’s own published data.

Data as of Oct 27, 2026. Rebuilt every trading night.

As of Oct 27, 2026 . Rebuilt every trading night.

## Every leveraged ETF on TLT, largest first

See 6 funds ranked by net assets. Updated Oct 27, 2026. Same underlying, different multiples and different issuers. Two funds stating the same multiple on TLT have still finished points apart.

| # | Ticker | Fund | Says | Net assets | Fee | Fund returned, 3 months | Multiple of that move | Difference |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | TMF | Direxion Daily 20+ Year Treasury Bull | +3x | $2.0bn | 0.90% | −8.9% | −5.7% | −3.2 pts |
| 2 | TBT | ProShares UltraShort 20+ Year Treasury | -2x | $290m | 0.93% | +5.7% | +3.8% | +1.9 pts |
| 3 | TMV | Direxion Daily 20+ Year Treasury Bear | -3x | $191m | 0.97% | +8.0% | +5.7% | +2.3 pts |
| 4 | TBF | ProShares Short 20+ Year Treasury | -1x | $122m | 0.95% | +3.0% | +1.9% | +1.1 pts |
| 5 | UBT | ProShares Ultra 20+ Year Treasury | +2x | $71m | 0.95% | −5.1% | −3.8% | −1.3 pts |
| 6 | TTT | ProShares UltraPro Short 20+ Year Trea | -3x | $19m | 0.95% | +7.2% | +5.7% | +1.5 pts |

### Method

The 6 leveraged and inverse ETFs ETFIQ measures on 20-year Treasuries, of which 6 publish net assets. Between them they state -3x, -2x, -1x, +2x, +3x. Each fund’s difference is its own return minus its multiple of 20-year Treasuries’s move over the same days, which is a different number for every multiple on the list. Over the same days 20-year Treasuries itself returned −1.9%. Of each difference the part that is compounding rather than the fund is the same for every fund stating a given multiple, −1.6 at -3x, −0.8 at -2x, −0.2 at -1x, −0.3 at +2x, −0.9 at +3x, in percentage points. What is left is the fund. The list sorts one published number, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.

### Where to next

### Sources

Links are sources, not endorsements.

A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources

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Source: ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.
Cite: ETFIQ, Every leveraged ETF on TLT, largest first, ranked by net assets, data as of Oct 27, 2026. https://etfiq.com/rankings/leverage-largest-on-tlt
Licence: https://etfiq.com/license/ Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.
HTML: https://etfiq.com/rankings/leverage-largest-on-tlt