Ranked by net assets, as of . Rebuilt every trading night.
Every leveraged ETF on XLK, largest first
Same underlying, different multiples and different issuers. Two funds stating the same multiple on XLK have still finished points apart.
| # | Ticker | Fund | Says | Net assets | Fee | Fund returned | Label implied | Difference |
|---|---|---|---|---|---|---|---|---|
| 1 | TECL | Direxion Daily Technology Bull 3X ETF | +3x | $4.7bn | 0.87% | −4.3% | +5.0% | −9.3 pts |
| 2 | ROM | ProShares Ultra Technology | +2x | $1.3bn | 0.95% | −0.1% | +3.3% | −3.4 pts |
| 3 | TECS | Direxion Daily Technology Bear 3X ETF | -3x | $85m | 1.01% | −14.3% | −5.0% | −9.3 pts |
| 4 | REW | ProShares UltraShort Technology | -2x | $4m | 0.95% | −7.2% | −3.3% | −3.8 pts |
Method
The 5 leveraged and inverse ETFs ETFIQ measures on Technology, of which 4 publish net assets. Between them they state -3x, -2x, +2x, +3x. Each fund’s difference is its own return minus what its stated multiple implies over the same days, which is a different number for every multiple on the list. Over the same days Technology itself returned +1.7%. Of each difference the part that is compounding rather than the fund is the same for every fund stating a given multiple, −12.3 at -3x, −6.4 at -2x, −2.3 at +2x, −6.8 at +3x, in percentage points. What is left is the fund. 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
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Cite this page. ETFIQ, Every leveraged ETF on XLK, largest first, ranked by net assets, data as of Sep 11, 2026. https://etfiq.com/rankings/leverage-largest-on-xlk Free to use with attribution; the underlying files are at Open data.