{"url":"https://etfiq.com/rankings/leverage-most-volatile-underlyings","section":"rankings","title":"The leveraged ETFs on the most violent underlyings | ETFIQ","description":"MRNX leads the leveraged ETFs on the most violent underlyings at 361% (underlying volatility, three months), as of Oct 27, 2026.","as_of":"Oct 27, 2026","structured_data":[{"@type":"ItemList","name":"The leveraged ETFs on the most violent underlyings","numberOfItems":15,"itemListOrder":"https://schema.org/ItemListOrderDescending","itemListElement":[{"@type":"ListItem","position":1,"name":"MRNX","url":"https://etfiq.com/funds/mrnx"},{"@type":"ListItem","position":2,"name":"AXTC","url":"https://etfiq.com/funds/axtc"},{"@type":"ListItem","position":3,"name":"AXTL","url":"https://etfiq.com/funds/axtl"},{"@type":"ListItem","position":4,"name":"AXTU","url":"https://etfiq.com/funds/axtu"},{"@type":"ListItem","position":5,"name":"AXTX","url":"https://etfiq.com/funds/axtx"},{"@type":"ListItem","position":6,"name":"CRMX","url":"https://etfiq.com/funds/crmx"},{"@type":"ListItem","position":7,"name":"NBIC","url":"https://etfiq.com/funds/nbic"},{"@type":"ListItem","position":8,"name":"NBIG","url":"https://etfiq.com/funds/nbig"},{"@type":"ListItem","position":9,"name":"NBIL","url":"https://etfiq.com/funds/nbil"},{"@type":"ListItem","position":10,"name":"NEBX","url":"https://etfiq.com/funds/nebx"},{"@type":"ListItem","position":11,"name":"NBIZ","url":"https://etfiq.com/funds/nbiz"},{"@type":"ListItem","position":12,"name":"AEHG","url":"https://etfiq.com/funds/aehg"},{"@type":"ListItem","position":13,"name":"AAOG","url":"https://etfiq.com/funds/aaog"},{"@type":"ListItem","position":14,"name":"AAOX","url":"https://etfiq.com/funds/aaox"},{"@type":"ListItem","position":15,"name":"AAOZ","url":"https://etfiq.com/funds/aaoz"}]},{"@type":"Dataset","name":"The leveraged ETFs on the most violent underlyings","description":"MRNX leads the leveraged ETFs on the most violent underlyings at 361% (underlying volatility, three months), as of Oct 27, 2026.","url":"https://etfiq.com/rankings/leverage-most-volatile-underlyings","dateModified":"2026-10-27","creator":{"@id":"https://etfiq.com/#org"},"license":"https://etfiq.com/license/","isAccessibleForFree":true,"creditText":"ETFIQ (etfiq.com)","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Rankings","item":"https://etfiq.com/rankings/"},{"@type":"ListItem","position":3,"name":"The leveraged ETFs on the most violent und...","item":"https://etfiq.com/rankings/leverage-most-volatile-underlyings"}]},{"@type":"WebPage","name":"The leveraged ETFs on the most violent underlyings","description":"MRNX leads the leveraged ETFs on the most violent underlyings at 361% (underlying volatility, three months), as of Oct 27, 2026.","url":"https://etfiq.com/rankings/leverage-most-volatile-underlyings","dateModified":"2026-10-27","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":3323,"truncated":false,"content":"ETFIQ / Rankings / The leveraged ETFs on the most violent und... \n \n As of Oct 27, 2026 . Rebuilt every trading night.\n The leveraged ETFs on the most violent underlyings\n See 15 funds ranked by the underlying\u2019s annualized volatility, three months. Updated Oct 27, 2026.\n The leveraged ETFs on the most violent underlyings, ranked by the underlying\u2019s annualized volatility, as of Oct 27, 2026. Source: ETFIQ. # Ticker Fund Says Underlying asset Underlying volatility Difference \n 1 MRNX Defiance Daily Target 2X Long MRNA ETF +2x MRNA 361% \u221274.0 pts \n 2 AXTC Corgi AXTI 2x Daily ETF +2x AXTI 147% \u221264.5 pts \n 3 AXTL Leverage Shares 2X Long AXTI Daily ETF +2x AXTI 147% \u221267.7 pts \n 4 AXTU T-REX 2X LONG AXTI DAILY TARGET ETF +2x AXTI 147% \u221267.6 pts \n 5 AXTX Tradr 2X Long AXTI Daily ETF +2x AXTI 147% \u221267.7 pts \n 6 CRMX Tradr 2X Long CRML Daily ETF +2x CRML 137% \u221251.1 pts \n 7 NBIC Corgi NBIS 2x Daily ETF +2x NBIS 122% \u221231.2 pts \n 8 NBIG Leverage Shares 2X Long NBIS Daily ETF +2x NBIS 122% \u221230.3 pts \n 9 NBIL GraniteShares 2x Long NBIS Daily ETF +2x NBIS 122% \u221230.0 pts \n 10 NEBX Tradr 2X Long NBIS Daily ETF +2x NBIS 122% \u221230.8 pts \n 11 NBIZ Tradr 2X Short NBIS Daily ETF -2x NBIS 122% \u221274.9 pts \n 12 AEHG Leverage Shares 2X Long AEHR Daily ETF +2x AEHR 118% \u221227.4 pts \n 13 AAOG Leverage Shares 2X Long AAOI Daily ETF +2x AAOI 117% \u221224.4 pts \n 14 AAOX Tradr 2X Long AAOI Daily ETF +2x AAOI 117% \u221223.8 pts \n 15 AAOZ Tradr 2X Short AAOI Daily ETF -2x AAOI 117% \u221281.5 pts \n \n Method\n Volatility is what decides how far a levered fund drifts from its multiple of the underlying\u2019s move: the same multiple on a calm underlying and a violent one is a different product. Measured from the underlying\u2019s own daily moves. The list sorts one published number, with no scoring or weighting. Every fund ETFIQ covers in this category is eligible, closed funds included.\n Where to next\n Sources\n The multiple each fund states in its own registered name, from the SEC investment company series and class file SEC EDGAR, full-text search of fund filings SEC Form N-PORT, what a fund filed it holds Rule 19a-1, what a distribution notice must say Links are sources, not endorsements.\n A ranking is not a recommendation or an opinion. ETFIQ is an independent publisher, not an adviser. Standards and sources \n Cite this page. ETFIQ, The leveraged ETFs on the most violent underlyings, ranked by the underlying\u2019s annualized volatility, data as of Oct 27, 2026. https://etfiq.com/rankings/leverage-most-volatile-underlyings Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at Open data .\n Other forms Plain ETFIQ, The leveraged ETFs on the most violent underlyings, ranked by the underlying\u2019s annualized volatility, data as of Oct 27, 2026. https://etfiq.com/rankings/leverage-most-volatile-underlyings APA ETFIQ. (Oct 27, 2026). The leveraged ETFs on the most violent underlyings, ranked by the underlying\u2019s annualized volatility. Retrieved from https://etfiq.com/rankings/leverage-most-volatile-underlyings Markdown [The leveraged ETFs on the most violent underlyings, ranked by the underlying\u2019s annualized volatility (ETFIQ, Oct 27, 2026)](https://etfiq.com/rankings/leverage-most-volatile-underlyings)","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, The leveraged ETFs on the most violent underlyings, ranked by the underlying\u2019s annualized volatility, data as of Oct 27, 2026. https://etfiq.com/rankings/leverage-most-volatile-underlyings"}