{"url":"https://etfiq.com/research/quarterly/2026-q2-leveraged/","section":"research","title":"Leveraged ETFs against their own promise, 2026-Q2 | ETFIQ","description":"289 of the 349 leveraged and inverse ETFs that traded the whole of the second quarter of 2026 returned less than their own stated multiple implied.","as_of":"Sep 11, 2026","structured_data":[{"@type":"Dataset","name":"ETFIQ Quarterly: leveraged ETFs against their own multiple, 2026-Q2","description":"289 of the 349 leveraged and inverse ETFs that traded the whole of the second quarter of 2026 returned less than their own stated multiple implied.","url":"https://etfiq.com/research/quarterly/2026-q2-leveraged/","dateModified":"2026-10-26","temporalCoverage":"2026-04-01/2026-06-30","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/quarterly/2026-q2-leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against its own promise"],"license":"https://etfiq.com/license/","creator":{"@id":"https://etfiq.com/#org"},"publisher":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"inLanguage":"en","creativeWorkStatus":"Published","keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]},{"@type":"Report","name":"Leveraged ETFs against their own promise, 2026-Q2","description":"289 of the 349 leveraged and inverse ETFs that traded the whole of the second quarter of 2026 returned less than their own stated multiple implied.","url":"https://etfiq.com/research/quarterly/2026-q2-leveraged/","datePublished":"2026-09-11","author":{"@id":"https://etfiq.com/#org"},"publisher":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"inLanguage":"en"},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"ETFIQ Research","item":"https://etfiq.com/research/"},{"@type":"ListItem","position":3,"name":"ETFIQ Quarterly","item":"https://etfiq.com/research/quarterly/"},{"@type":"ListItem","position":4,"name":"2026-Q2 \u00b7 Leveraged","item":"https://etfiq.com/research/quarterly/2026-q2-leveraged/"}]},{"@type":"WebPage","name":"Leveraged ETFs against their own promise, 2026-Q2","description":"289 of the 349 leveraged and inverse ETFs that traded the whole of the second quarter of 2026 returned less than their own stated multiple implied.","url":"https://etfiq.com/research/quarterly/2026-q2-leveraged/","dateModified":"2026-10-26","isPartOf":{"@type":"WebSite","name":"ETFIQ","url":"https://etfiq.com"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".lede"]},"publisher":{"@id":"https://etfiq.com/#org"}}],"characters":40922,"truncated":true,"content":"ETFIQ / ETFIQ Research / ETFIQ Quarterly / 2026-Q2 \u00b7 Leveraged \n \n [ETFIQ] \n ETFIQ Quarterly Leveraged ETFs against their own promise, 2026-Q2\n The second quarter of 2026 , Apr 1, 2026 to Jun 30, 2026\n 349 funds measured \u00b7 published Sep 11, 2026\n 289 of the 349 leveraged and inverse ETFs that traded the whole of the second quarter of 2026 returned less than their own stated multiple implied, by a median of 2.80 percentage points.\n\n ETFIQ is an independent publisher of data about exchange-traded funds. It is not a fund issuer, broker-dealer or investment adviser and makes no recommendations. Every number here is calculated from a named public source and carries the date it applies to. These numbers do not change once published. etfiq.com \u00b7 the data file behind this report is at etfiq.com/data/quarterly/2026-q2-leverage.json\n\n [ETFIQ] \u00b7 ETFIQ Quarterly \u00b7 2026-Q2 leveraged \n A closed quarter, Apr 1, 2026 to Jun 30, 2026. These numbers do not change. Published Sep 11, 2026.\n Corrected on Oct 3, 2026. NVDB and TSLI were left out on an outdated name for their tickers and are now measured, so 349 funds are measured, not 347. The rows for AMDD, MARU, PLTD and TIPD carried another fund's prices: each now names the fund its ticker trades as. The data before and after .\n Leveraged ETFs against their own promise, 2026-Q2\n 289 of the 349 leveraged and inverse ETFs that traded the whole of the second quarter of 2026 returned less than their own stated multiple implied, by a median of 2.80 percentage points.\n ETFIQ Quarterly. Free to quote with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The file every number here was computed from is published with it.\n Download the PDF Print this page \n What this quarter found 289 of the 349 leveraged and inverse ETFs that traded the whole quarter finished behind their own stated multiple, by a median of 2.80 percentage points .\n Direction decides the sign. Long funds ran a median 3.45 points behind and inverse funds 1.75 ahead , because a short position earns interest on its collateral and a long one pays it.\n The widest gap was MULL at \u221237.53 pts , and the size of a gap tracks how far the underlying moved rather than how well the fund is run.\n \n 289 of 349 Finished behind their own stated multiple \n \u22122.80 pts Median gap, every fund \n \u22123.45 pts Median gap, long funds \n +1.75 pts Median gap, inverse funds \n\n Investor note 289 of the 349 leveraged and inverse ETFs that traded the whole of the second quarter of 2026 returned less than their own stated multiple implied, by a median of 2.80 percentage points. ETFIQ measured every fund against its own multiple compounded day by day, from Apr 1, 2026 to Jun 30, 2026. Funds measured 349 \n Behind their own multiple 289 \n Median gap \u22122.80 pts \n Quarter Apr 1, 2026 to Jun 30, 2026 \n ETFIQ, Leveraged ETFs against their own promise, 2026-Q2, published Sep 11, 2026. https://etfiq.com/research/quarterly/2026-q2-leveraged/\n\n Copy this block \n The problem\n You bought a fund with 2x in its name. The thing it tracks rose over the quarter. You did not make twice what it rose, and nobody told you in advance how much less you would make or why. The fund did nothing wrong and its prospectus said so, in a paragraph about daily rebalancing that reads like boilerplate until it costs you money.\n The reason it is hard to check is that no one publishes the comparison. A leveraged ETF promises a multiple of the underlying\u2019s move over a single day , then resets. Over a quarter the honest benchmark is that promise compounded day by day, which is not the multiple times the quarter\u2019s move and is not on any fact sheet. Working it out needs every fund\u2019s own stated multiple, its own underlying, and the daily path of both.\n What happened in the second quarter of 2026\n Of the 349 leveraged and inverse ETFs that traded the whole quarter, 289 finished behind their own stated multiple and 60 finished ahead. The median fund was 2.80 percentage points behind.\n The direction of the fund decides the sign. Long funds ran a median 3.45 points behind ; inverse funds a median 1.75 points ahead . That is not inverse funds being better run. A short position sits on collateral and the collateral earns interest, which lands in the fund and offsets the cost of running it. It is why ETFIQ ranks long and inverse funds in separate sets and never against each other.\n Median gap to its own stated multiple, by multiple, 2026-Q2. Source: ETFIQ. Stated multiple Funds Median gap \n +3x 30 \u22123.05 \n +2x 241 \u22123.58 \n +1.25x 1 \u22120.87 \n -1.5x 1 +1.16 \n -2x 58 +1.36 \n -3x 18 +2.22 \n 241 of the 349 funds are +2x . This category is mostly one multiple, and that multiple ran a median 3.58 points behind its own promise.\n Every long multiple finished behind and every inverse one ahead, with no group crossing the line: 3 long and 3 inverse.\n That largest group is also the one furthest from its promise, and the furthest the other way is -3x , 2.22 points ahead of its own on 18 funds.\n A group of one or two funds is one or two funds. 2 of these 6 rows hold fewer than three, so what is printed as their median is those funds themselves.\n \n Why the gap is there\n Three things sit inside it and none of them is the market. The fee , which is charged daily on the leveraged exposure rather than on what you put in. The cost of financing that exposure, which is interest paid on a long fund and interest earned on an inverse one, and is the whole of why the two signs differ above. And the slippage of rebalancing every single day , which is the fund buying after a rise and selling after a fall, for ever, because that is what holding a constant multiple requires.\n What is not in it is compounding. Compounding is in the promise: it is already inside the number each fund is measured against, because that number is the multiple applied to each day and carried forward. This is the residual after the mechanic has been accounted for, which is why it can be read as what the fund cost its holder to run.\n The widest gap in the second quarter of 2026 was MULL , filed as +2 times MU. MU returned +213.79% over the quarter, which compounded day by day at +2 implies +670.06% . The fund returned +632.53% , which is \u221237.53 pts short of its own promise.\n One of 349 funds measured over 62 trading days. Percentage points. Closest and furthest, inside each multiple\n The table of 349 funds below is sorted on the gap, which puts every +2x on a stock that doubled at the top of it. That ranks the underlyings. Inside one stated multiple the funds are answering the same question, so this is the comparison that is about the funds: the closest to its own promise and the furthest from it, in each multiple with at least three funds in it.\n Closest to and furthest from its own stated multiple, within each multiple, 2026-Q2. Source: ETFIQ. Multiple Funds Closest Gap Furthest Gap \n +3x 30 PILL XPH \u22121.80 SOXL SOXX \u221212.06 \n +2x 241 CHAU ASHR \u22120.75 MULL MU \u221237.53 \n -2x 58 DUST GDX +3.15 SMST MSTR \u22124.57 \n -3x 18 YANG FXI +4.93 SOXS SOXX +0.37 \n \n Not a ranking of how well these funds are run beyond the quarter measured, and not a recommendation. A fund at the top of one multiple can sit at the bottom of the next quarter, and the underlying it happens to track moves the number further than anything the manager does.\n Every fund, 2026-Q2\n All 349 funds, furthest behind its own promise first. The underlying\u2019s return and the fund\u2019s are total returns with distributions reinvested, on the same days. Numbers in percentage points.\n Leveraged and inverse ETFs against their own stated multiple, 2026-Q2. Source: ETFIQ. Ticker Fund Multiple Underlying asset Underlying Its promise implied The fund returned Gap 3-Month Tracking percentile in its set, this quarter \n MULL GraniteShares 2x Long MU Daily ETF +2 MU +213.79 +670.06 +632.53 \u221237.53 0.2 \n OSCX Defiance Daily Target 2X Long OSCR ETF +2 OSCR +143.14 +427.88 +391.24 \u221236.64 0.6 \n SNXX Tradr 2X Long SNDK Daily ETF +2 SNDK +228.23 +714.25 +679.43 \u221234.82 0.9 \n MVLL GraniteShares 2x Long MRVL Daily ETF +2 MRVL +179.29 +510.01 +476.11 \u221233.90 1.3 \n RIOX Defiance Daily Target 2X Long RIOT ETF +2 RIOT +118.17 +315.60 +281.99 \u221233.61 1.7 \n MUU Direxion Daily MU Bull 2X ETF +2 MU +213.79 +670.06 +641.41 \u221228.65 2.0 \n SNDU T-REX 2X LONG SNDK DAILY TARGET ETF +2 SNDK +228.23 +714.25 +685.95 \u221228.30 2.4 \n IONX Defiance Daily Target 2X Long IONQ ETF +2 IONQ +91.65 +184.23 +163.20 \u221221.03 2.8 \n HIMZ Defiance Daily Target 2X Long HIMS ETF +2 HIMS +74.75 +153.66 +133.20 \u221220.46 3.1 \n INTW GraniteShares 2x Long INTC Daily ETF +2 INTC +190.71 +588.13 +567.81 \u221220.32 3.5 \n AMDG Leverage Shares 2X Long AMD Daily ETF +2 AMD +176.35 +553.70 +534.06 \u221219.64 3.9 \n AMDL GraniteShares 2x Long AMD Daily ETF +2 AMD +176.35 +553.70 +534.59 \u221219.11 4.2 \n CRWL GraniteShares 2x Long CRWD Daily ETF +2 CRWD +94.03 +250.04 +231.19 \u221218.85 4.6 \n NBIG Leverage Shares 2X Long NBIS Daily ETF +2 NBIS +170.89 +484.75 +466.10 \u221218.65 5.0 \n MRVU Direxion Daily MRVL Bull 2X ETF +2 MRVL +179.29 +510.01 +491.67 \u221218.34 5.3 \n LINT Direxion Daily INTC Bull 2X ETF +2 INTC +190.71 +588.13 +570.35 \u221217.78 5.7 \n LABX Tradr 2X Long ALAB Daily ETF +2 ALAB +354.27 +1,493.38 +1,475.73 \u221217.65 6.1 \n LNOK Defiance Daily Target 2X Long NOK ETF +2 NOK +61.25 +125.11 +108.01 \u221217.10 6.4 \n NEBX Tradr 2X Long NBIS Daily ETF +2 NBIS +170.89 +484.75 +468.45 \u221216.30 7.0 \n NVTX Tradr 2X Long NVTS Daily ETF +2 NVTS +109.84 +158.10 +141.80 \u221216.30 7.0 \n CIFU T-REX 2X Long CIFR Daily Target ETF +2 CIFR +93.83 +202.81 +186.66 \u221216.15 7.5 \n RGTX Defiance Daily Target 2X Long RGTI ETF +2 RGTI +43.11 +51.76 +36.13 \u221215.63 7.9 \n CLSX Tradr 2X Long CLSK Daily ETF +2 CLSK +68.79 +151.14 +135.75 \u221215.39 8.3 \n AMUU Direxion Daily AMD Bull 2X ETF +2 AMD +176.35 +553.70 +538.34 \u221215.36 8.6 \n IONL GraniteShares 2x Long IONQ Daily ETF +2 IONQ +91.65 +184.23 +169.09 \u221215.14 9.0 \n ARMG Leverage Shares 2X Long ARM Daily ETF +2 ARM +128.65 +300.30 +286.47 \u221213.83 9.4 \n CRDU Tradr 2X Long CRDO Daily ETF +2 CRDO +183.52 +518.20 +504.46 \u221213.74 9.7 \n IRE Defiance Daily Target 2X Long IREN ETF +2 IREN +34.14 +42.61 +29.43 \u221213.18 10.1 \n QUBX Tradr 2X Long QUBT Daily ETF +2 QUBT +46.08 +64.76 +51.81 \u221212.95 10.5 \n RKLX Defiance Daily Target 2X Long RKLB ETF +2 RKLB +55.14 +79.74 +67.08 \u221212.66 10.8 \n AFRU T-REX 2X LONG AFRM DAILY TARGET ETF +2 AFRM +79.07 +192.46 +180.06 \u221212.40 11.2 \n WULX Tradr 2X Long WULF Daily ETF +2 WULF +70.58 +152.51 +140.22 \u221212.29 11.6 \n SOXL Direxion Daily Semiconductor Bull 3X ETF +3 SOXX +89.36 +422.41 +410.35 \u221212.06 11.9 \n AAOX Tradr 2X Long AAOI Daily ETF +2 AAOI +71.58 +80.58 +68.59 \u221211.99 12.3 \n QSU Defiance Daily Target 2X Long QS ETF +2 QS +21.74 +28.76 +16.78 \u221211.98 12.7 \n PANG Leverage Shares 2X Long PANW Daily ETF +2 PANW +112.25 +320.19 +309.03 \u221211.16 13.1 \n QBTX Tradr 2X Long QBTS Daily ETF +2 QBTS +75.11 +121.36 +110.69 \u221210.67 13.4 \n KORU Direxion Daily MSCI South Korea Bull 3X ETF +3 EWY +59.96 +165.32 +155.38 \u22129.94 13.8 \n DLLL GraniteShares 2x Long DELL Daily ETF +2 DELL +155.48 +444.37 +434.55 \u22129.82 14.2 \n WDCX Tradr 2X Long WDC Daily ETF +2 WDC +114.59 +295.16 +285.58 \u22129.58 14.5 \n SMCX Defiance Daily Target 2X Long SMCI ETF +2 SMCI +30.30 +16.43 +6.95 \u22129.48 14.9 \n GLXU T-REX 2X LONG GLXY DAILY TARGET ETF +2 GLXY +57.40 +109.67 +100.22 \u22129.45 15.3 \n MRNX Defiance Daily Target 2X Long MRNA ETF +2 MRNA +39.98 +77.03 +67.69 \u22129.34 15.6 \n MRAL GraniteShares 2x Long MARA Daily ETF +2 MARA +72.76 +164.02 +154.89 \u22129.13 16.2 \n PALU Direxion Daily PANW Bull 2X ETF +2 PANW +112.25 +320.19 +311.06 \u22129.13 16.2 \n COZX Tradr 2X Long CORZ Daily ETF +2 CORZ +67.25 +157.63 +148.73 \u22128.90 16.7 \n APLX Tradr 2X Long APLD Daily ETF +2 APLD +52.31 +86.68 +78.10 \u22128.58 17.1 \n GLGG Leverage Shares 2X Long GLXY Daily ETF +2 GLXY +57.40 +109.67 +101.17 \u22128.50 17.5 \n TXNU Direxion Daily TXN Bull 2X ETF +2 TXN +52.61 +113.67 +105.43 \u22128.24 17.8 \n ZETX Defiance Daily Target 2X Long ZETA ETF +2 ZETA +25.11 +41.33 +33.30 \u22128.03 18.2 \n HOOG Leverage Shares 2X Long HOOD Daily ETF +2 HOOD +43.03 +79.04 +71.17 \u22127.87 18.6 \n GMEU T-REX 2X LONG GME DAILY TARGET ETF +2 GME \u22122.99 \u22129.91 \u221217.50 \u22127.59 18.9 \n UNHG Leverage Shares 2X Long UNH Daily ETF +2 UNH +52.56 +126.79 +119.23 \u22127.56 19.3 \n NVOX Defiance Daily Target 2X Long NVO ETF +2 NVO +31.41 +67.68 +60.18 \u22127.50 19.7 \n TSMU GraniteShares 2x Long TSM Daily ETF +2 TSM +40.17 +86.43 +79.14 \u22127.29 20.0 \n SOUX Defiance Daily Target 2X Long SOUN ETF +2 SOUN \u22123.14 \u221217.42 \u221224.62 \u22127.20 20.4 \n AALG Leverage Shares 2X Long AAL Daily ETF +2 AAL +62.35 +147.54 +140.39 \u22127.15 20.8 \n APHU T-REX 2X LONG APH DAILY TARGET ETF +2 APH +38.29 +81.38 +74.24 \u22127.14 21.1 \n IREX Tradr 2X Long IREN Daily ETF +2 IREN +34.14 +42.61 +35.61 \u22127.00 21.5 \n ROBN T-REX 2X LONG HOOD DAILY TARGET ETF +2 HOOD +43.03 +79.04 +72.15 \u22126.89 21.9 \n HODU Direxion Daily HOOD Bull 2X ETF +2 HOOD +43.03 +79.04 +72.18 \u22126.86 22.2 \n SOFX Defiance Daily Target 2X Long SOFI ETF +2 SOFI +14.72 +20.40 +13.64 \u22126.76 22.6 \n SMCL GraniteShares 2x Long SMCI Daily ETF +2 SMCI +30.30 +16.43 +9.76 \u22126.67 23.0 \n RGTU Tradr 2X Long RGTI Daily ETF +2 RGTI +43.11 +51.76 +45.22 \u22126.54 23.5 \n SNOU T-REX 2X LONG SNOW DAILY TARGET ETF +2 SNOW +66.21 +130.66 +124.12 \u22126.54 23.5 \n RCAX Defiance Daily Target 2X Long RCAT ETF +2 RCAT \u221212.35 \u221242.71 \u221249.24 \u22126.53 24.1 \n DKNX Defiance Daily Target 2X Long DKNG ETF +2 DKNG +13.99 +20.48 +14.08 \u22126.40 24.4 \n TSMX Direxion Daily TSM Bull 2X ETF +2 TSM +40.17 +86.43 +80.12 \u22126.31 24.8 \n OKLL Defiance Daily Target 2X Long OKLO ETF +2 OKLO +8.86 \u22126.81 \u221213.10 \u22126.29 25.2 \n OPEX Tradr 2X Long OPEN Daily ETF +2 OPEN +1.09 \u22127.23 \u221213.51 \u22126.28 25.6 \n HOOX Defiance Daily Target 2X Long HOOD ETF +2 HOOD +43.03 +79.04 +72.78 \u22126.26 26.1 \n LMNX Defiance Daily Target 2X Long LMND ETF +2 LMND +6.52 +1.77 \u22124.49 \u22126.26 26.1 \n LRCU Tradr 2X Long LRCX Daily ETF +2 LRCX +95.32 +239.87 +233.68 \u22126.19 26.7 \n BAIG Leverage Shares 2X Long BBAI Daily ETF +2 BBAI +7.31 +1.80 \u22124.38 \u22126.18 27.2 \n CRWG Leverage Shares 2X Long CRWV Daily ETF +2 CRWV +26.90 +37.46 +31.28 \u22126.18 27.2 \n TECL Direxion Daily Technology Bull 3X ETF +3 XLK +41.39 +161.85 +155.69 \u22126.16 27.8 \n COHX Tradr 2X Long COHR Daily ETF +2 COHR +59.19 +112.08 +106.14 \u22125.94 28.1 \n TSMG Leverage Shares 2X Long TSM Daily ETF +2 TSM +40.17 +86.43 +80.51 \u22125.92 28.5 \n ANEL Defiance Daily Target 2X Long ANET ETF +2 ANET +36.07 +68.81 +62.94 \u22125.87 29.0 \n RKTL Defiance Daily Target 2X Long RKT ETF +2 RKT +9.15 +6.78 +0.91 \u22125.87 29.0 \n ASMU Direxion Daily ASML Bull 2X ETF +2 ASML +46.63 +98.93 +93.09 \u22125.84 29.6 \n PLUL Leverage Shares 2X Long PLUG Daily ETF +2 PLUG +20.44 +20.12 +14.34 \u22125.78 30.0 \n UPSX Tradr 2X Long UPST Daily ETF +2 UPST +39.71 +74.71 +68.95 \u22125.76 30.3 \n VRTL GraniteShares 2x Long VRT Daily ETF +2 VRT +29.12 +50.23 +44.58 \u22125.65 30.7 \n DJTU T-REX 2X LONG DJT DAILY TARGET ETF +2 DJT \u221214.57 \u221232.49 \u221238.08 \u22125.59 31.1 \n CRMX Tradr 2X Long CRML Daily ETF +2 CRML +23.35 +5.49 0.00 \u22125.49 31.4 \n ASMG Leverage Shares 2X Long ASML Daily ETF +2 ASML +46.63 +98.93 +93.53 \u22125.40 31.8 \n USAX Tradr 2X Long USAR Daily ETF +2 USAR +45.81 +60.71 +55.47 \u22125.24 32.2 \n CSCL Direxion Daily CSCO Bull 2X ETF +2 CSCO +51.53 +119.89 +114.66 \u22125.23 32.5 \n XYZG Leverage Shares 2X Long XYZ Daily ETF +2 XYZ +27.65 +55.71 +50.52 \u22125.19 32.9 \n NVDX T-REX 2X LONG NVIDIA DAILY TARGET ETF +2 NVDA +13.98 +25.09 +20.00 \u22125.09 33.3 \n QCMU Direxion Daily QCOM Bull 2X ETF +2 QCOM +45.73 +78.65 +73.69 \u22124.96 33.6 \n TQQQ ProShares UltraPro QQQ +3 QQQ +26.17 +92.64 +87.81 \u22124.83 34.0 \n TEMT Tradr 2X Long TEM Daily ETF +2 TEM +23.18 +32.74 +27.92 \u22124.82 34.4 \n RDTL GraniteShares 2x Long RDDT Daily ETF +2 RDDT +27.46 +44.27 +39.47 \u22124.80 34.7 \n COPZ Defiance Daily Target 2X Long Copper Miners ET +2 COPX \u22121.17 \u22129.04 \u221213.83 \u22124.79 35.1 \n VSTL Defiance Daily Target 2X Long VST ETF +2 VST +3.17 +1.58 \u22123.16 \u22124.74 35.5 \n LLYX Defiance Daily Target 2X Long LLY ETF +2 LLY +25.87 +53.42 +48.69 \u22124.73 35.8 \n FGRU T-REX 2X LONG FIGR DAILY TARGET ETF +2 FIGR \u22126.63 \u221223.11 \u221227.83 \u22124.72 36.2 \n GOOX T-REX 2X LONG ALPHABET DAILY TARGET ETF +2 GOOGL +20.24 +40.39 +35.78 \u22124.61 36.6 \n TSLT T-REX 2X LONG TESLA DAILY TARGET ETF +2 TSLA +10.32 +15.45 +10.86 \u22124.59 36.9 \n SMST Defiance Daily Target 2X Short MSTR ETF -2 MSTR \u221229.20 +21.82 +17.25 \u22124.57 0.6 \n AVGX Defiance Daily Target 2X Long AVGO ETF +2 AVGO +20.70 +34.99 +30.46 \u22124.53 37.3 \n GEVX Tradr 2X Long GEV Daily ETF +2 GEV +31.37 +60.62 +56.16 \u22124.46 37.9 \n QCML GraniteShares 2x Long QCOM Daily ETF +2 QCOM +45.73 +78.65 +74.19 \u22124.46 37.9 \n SMU Tradr 2X Long SMR Daily ETF +2 SMR \u22122.24 \u221226.88 \u221231.24 \u22124.36 38.4 \n CWVX Tradr 2X Long CRWV Daily ETF +2 CRWV +26.90 +37.46 +33.13 \u22124.33 38.8 \n URTY ProShares UltraPro Russell2000 +3 IWM +20.68 +70.85 +66.60 \u22124.25 39.2 \n RVNL GraniteShares 2x Long RIVN Daily ETF +2 RIVN +16.13 +22.59 +18.39 \u22124.20 39.5 \n FLYT Tradr 2X Long FLY Daily ETF +2 FLY \u22121.21 \u221232.54 \u221236.61 \u22124.07 39.9 \n UNHU Direxion Daily UNH Bull 2X ETF +2 UNH +52.56 +126.79 +122.73 \u22124.06 40.3 \n AVGU GraniteShares 2x Long AVGO Daily ETF +2 AVGO +20.70 +34.99 +30.94 \u22124.05 40.6 \n GOU GraniteShares 2x Long GOOGL Daily ETF +2 GOOGL +20.24 +40.39 +36.40 \u22123.99 41.0 \n UNX Tradr 2X Long U Daily ETF +2 U +30.15 +58.28 +54.30 \u22123.98 41.4 \n NVDB ProShares Ultra NVDA +2 NVDA +13.98 +25.09 +21.18 \u22123.91 41.9 \n RBLU T-REX 2X LONG RBLX DAILY TARGET ETF +2 RBLX \u22125.64 \u221223.33 \u221227.24 \u22123.91 41.9 \n SMUP T-REX 2X Long SMR Daily Target ETF +2 SMR \u22122.24 \u221226.88 \u221230.77 \u22123.89 42.5 \n ELIL Direxion Daily LLY Bull 2X ETF +2 LLY +25.87 +53.42 +49.56 \u22123.86 42.8 \n AVXX Defiance Daily Target 2X Long AVAV ETF +2 AVAV \u221210.04 \u221230.64 \u221234.49 \u22123.85 43.2 \n NVDG Leverage Shares 2X Long NVDA Daily ETF +2 NVDA +13.98 +25.09 +21.25 \u22123.84 43.6 \n NVDL GraniteShares 2x Long NVDA Daily ETF +2 NVDA +13.98 +25.09 +21.29 \u22123.80 43.9 \n JOBX Tradr 2X Long JOBY Daily ETF +2 JOBY +7.86 +1.63 \u22122.16 \u22123.79 44.3 \n AVGG Leverage Shares 2X Long AVGO Daily ETF +2 AVGO +20.70 +34.99 +31.21 \u22123.78 44.7 \n LITX Tradr 2X Long LITE Daily ETF +2 LITE +12.22 +3.90 +0.17 \u22123.73 45.0 \n UPRO ProShares UltraPro S&P500 +3 SPY +14.26 +47.01 +43.29 \u22123.72 45.4 \n TTDU T-REX 2X LONG TTD DAILY TARGET ETF +2 TTD \u221217.74 \u221237.66 \u221241.36 \u22123.70 45.8 \n EDC Direxion Daily MSCI Emerging Markets Bull 3X E +3 EEM +20.14 +59.95 +56.26 \u22123.69 46.1 \n SOFA Direxion Daily SOFI Bull 2X ETF +2 SOFI +14.72 +20.40 +16.73 \u22123.67 46.5 \n TNA Direxion Daily Small Cap Bull 3X ETF +3 IWM +20.68 +70.85 +67.19 \u22123.66 46.9 \n SPXL Direxion Daily S&P 500(R) Bull 3X ETF +3 SPY +14.26 +47.01 +43.40 \u22123.61 47.2 \n TSLL Direxion Daily TSLA Bull 2X ETF +2 TSLA +10.32 +15.45 +11.87 \u22123.58 47.6 \n ASTX Tradr 2X Long ASTS Daily ETF +2 ASTS +5.80 \u221222.38 \u221225.95 \u22123.57 48.0 \n CONI GraniteShares 2x Short COIN Daily ETF -2 COIN \u221215.49 +4.67 +1.10 \u22123.57 1.9 \n LABU Direxion Daily S&P Biotech Bull 3X ETF +3 XBI +23.22 +75.75 +72.20 \u22123.55 48.5 \n TSLG Leverage Shares 2X Long TSLA Daily ETF +2 TSLA +10.32 +15.45 +11.90 \u22123.55 48.5 \n NVDU Direxion Daily NVDA Bull 2X ETF +2 NVDA +13.98 +25.09 +21.55 \u22123.54 49.1 \n PATX Tradr 2X Long PATH Daily ETF +2 PATH \u22121.36 \u22129.83 \u221213.33 \u22123.50 49.4 \n AAPX T-REX 2X LONG APPLE DAILY TARGET ETF +2 AAPL +13.30 +26.07 +22.61 \u22123.46 49.8 \n AVL Direxion Daily AVGO Bull 2X ETF +2 AVGO +20.70 +34.99 +31.55 \u22123.44 50.2 \n GGLL Direxion Daily GOOGL Bull 2X ETF +2 GOOGL +20.24 +40.39 +36.99 \u22123.40 50.6 \n CRWU T-REX 2X Long CRWV Daily Target ETF +2 CRWV +26.90 +37.46 +34.07 \u22123.39 51.5 \n IBX Tradr 2X Long IBM Daily ETF +2 IBM +16.51 +26.52 +23.13 \u22123.39 51.5 \n TSLI ProShares Ultra TSLA +2 TSLA +10.32 +15.45 +12.06 \u22123.39 51.5 \n TSLR GraniteShares 2x Long TSLA Daily ETF +2 TSLA +10.32 +15.45 +12.06 \u22123.39 51.5 \n UMDD ProShares UltraPro MidCap400 +3 MDY +13.39 +43.36 +39.98 \u22123.38 52.4 \n BOEG Leverage Shares 2X Long BA Daily ETF +2 BA +4.41 +5.85 +2.51 \u22123.34 52.9 \n WEBL Direxion Daily Dow Jones Internet Bull 3X ETF +3 FDN +12.21 +36.85 +33.51 \u22123.34 52.9 \n AMZU Direxion Daily AMZN Bull 2X ETF +2 AMZN +13.19 +25.04 +21.71 \u22123.33 53.5 \n EOSU T-REX 2X LONG EOSE DAILY TARGET ETF +2 EOSE +17.84 +1.04 \u22122.23 \u22123.27 53.9 \n WANT Direxion Daily Consumer Discretionary Bull 3X +3 XLY +7.03 +19.00 +15.79 \u22123.21 54.2 \n NOWL GraniteShares 2x Long NOW Daily ETF +2 NOW \u22124.58 \u221222.75 \u221225.92 \u22123.17 54.6 \n COIG Leverage Shares 2X Long COIN Daily ETF +2 COIN \u221215.49 \u221235.28 \u221238.44 \u22123.16 55.1 \n KTUP T-REX 2X LONG KTOS DAILY TARGET ETF +2 KTOS \u221226.35 \u221251.95 \u221255.11 \u22123.16 55.1 \n APPX Tradr 2X Long APP Daily ETF +2 APP +32.85 +59.27 +56.12 \u22123.15 55.9 \n KBDU KraneShares 2x Long BIDU Daily ETF +2 BIDU +2.14 \u22122.79 \u22125.94 \u22123.15 55.9 \n KMLI KraneShares 2x Long MELI Daily ETF +2 MELI \u22121.26 \u22127.04 \u221210.18 \u22123.14 56.4 \n BMNG Leverage Shares 2X Long BMNR Daily ETF +2 BMNR \u221232.40 \u221259.15 \u221262.27 \u22123.12 56.8 \n BOEU Direxion Daily BA Bull 2X ETF +2 BA +4.41 +5.85 +2.74 \u22123.11 57.5 \n ORCX Defiance Daily Target 2X Long ORCL ETF +2 ORCL +1.27 \u22127.75 \u221210.86 \u22123.11 57.5 \n UDOW ProShares UltraPro Dow30 +3 DIA +12.64 +41.15 +38.04 \u22123.11 57.5 \n DFEN Direxion Daily Aerospace & Defense Bull 3X ETF +3 ITA +8.47 +21.47 +18.37 \u22123.10 58.3 \n COIA ProShares Ultra COIN +2 COIN \u221215.49 \u221235.28 \u221238.37 \u22123.09 58.6 \n PONX Tradr 2X Long PONY Daily ETF +2 PONY \u221224.54 \u221248.94 \u221252.02 \u22123.08 59.2 \n XXRP Teucrium 2x Long Daily XRP ETF +2 XRPR \u221222.63 \u221244.02 \u221247.10 \u22123.08 59.2 \n MSTX Defiance Daily Target 2X Long MSTR ETF +2 MSTR \u221229.20 \u221257.46 \u221260.53 \u22123.07 59.7 \n MPG Leverage Shares 2X Long MP Daily ETF +2 MP +15.70 +18.43 +15.39 \u22123.04 60.1 \n MSTU T-REX 2X LONG MSTR DAILY TARGET ETF +2 MSTR \u221229.20 \u221257.46 \u221260.49 \u22123.03 60.5 \n CURE Direxion Daily Healthcare Bull 3X ETF +3 XLV +7.87 +22.97 +19.96 \u22123.01 60.8 \n EURL Direxion Daily FTSE Europe Bull 3X ETF +3 VGK +7.32 +20.35 +17.35 \u22123.00 61.2 \n PYPG Leverage Shares 2X Long PYPL Daily ETF +2 PYPL \u22122.93 \u22128.22 \u221211.21 \u22122.99 61.6 \n OKLS Defiance Daily Target 2X Short OKLO ETF -2 OKLO +8.86 \u221261.36 \u221264.24 \u22122.88 3.2 \n ROM ProShares Ultra Technology +2 XLK +41.39 +94.91 +92.03 \u22122.88 61.9 \n AAPU Direxion Daily AAPL Bull 2X ETF +2 AAPL +13.30 +26.07 +23.21 \u22122.86 62.3 \n FIGG Leverage Shares 2X Long FIG Daily ETF +2 FIG \u221211.41 \u221233.10 \u221235.93 \u22122.83 62.7 \n MIDU Direxion Daily Mid Cap Bull 3X ETF +3 MDY +13.39 +43.36 +40.56 \u22122.80 63.1 \n BTCL T-REX 2X LONG BITCOIN DAILY TARGET ETF +2 IBIT \u221213.85 \u221228.35 \u221231.13 \u22122.78 63.6 \n RETL Direxion Daily Retail Bull 3X ETF +3 XRT +9.10 +25.36 +22.58 \u22122.78 63.6 \n TPOR Direxion Daily Transportation Bull 3X ETF +3 IYT +15.46 +48.04 +45.28 \u22122.76 64.2 \n UXRP ProShares Ultra XRP ETF +2 XRPR \u221222.63 \u221244.02 \u221246.76 \u22122.74 64.5 \n RTXG Leverage Shares 2X Long RTX Daily ETF +2 RTX \u22122.16 \u22126.07 \u22128.78 \u22122.71 64.9 \n MSFX T-REX 2X LONG MICROSOFT DAILY TARGET ETF +2 MSFT +1.21 \u22120.54 \u22123.23 \u22122.69 65.3 \n BMNU T-REX 2X LONG BMNR DAILY TARGET ETF +2 BMNR \u221232.40 \u221259.15 \u221261.83 \u22122.68 65.8 \n FAS Direxion Daily Financial Bull 3X ETF +3 XLF +8.81 +27.28 +24.60 \u22122.68 65.8 \n DUSL Direxion Daily Industrials Bull 3X ETF +3 XLI +12.92 +39.59 +36.92 \u22122.67 66.4 \n CONL GraniteShares 2x Long COIN Daily ETF +2 COIN \u221215.49 \u221235.28 \u221237.94 \u22122.66 66.7 \n PYPU Direxion Daily PYPL Bull 2X ETF +2 PYPL \u22122.93 \u22128.22 \u221210.82 \u22122.60 67.1 \n UBRL GraniteShares 2x Long UBER Daily ETF +2 UBER +0.63 \u22122.23 \u22124.80 \u22122.57 67.5 \n ETHT ProShares Ultra Ether ETF +2 ETHA \u221226.42 \u221249.40 \u221251.96 \u22122.56 68.0 \n MSFL GraniteShares 2x Long MSFT Daily ETF +2 MSFT +1.21 \u22120.54 \u22123.10 \u22122.56 68.0 \n MSTP GraniteShares 2x Long MSTR Daily ETF +2 MSTR \u221229.20 \u221257.46 \u221260.00 \u22122.54 68.6 \n TYD Direxion Daily 7-10 Year Treasury Bull 3X ETF +3 IEF +0.17 +0.33 \u22122.19 \u22122.52 68.9 \n DPST Direxion Daily Regional Banks Bull 3X ETF +3 KRE +14.33 +45.09 +42.58 \u22122.51 69.3 \n METU Direxion Daily META Bull 2X ETF +2 META \u22122.67 \u22128.72 \u221211.22 \u22122.50 69.9 \n UTSL Direxion Daily Utilities Bull 3X ETF +3 XLU \u22121.04 \u22125.13 \u22127.63 \u22122.50 69.9 \n PAAU T-REX 2X LONG PAAS DAILY TARGET ETF +2 PAAS \u221219.14 \u221239.51 \u221242.00 \u22122.49 70.4 \n DRN Direxion Daily Real Estate Bull 3X ETF +3 IYR +8.30 +24.68 +22.20 \u22122.48 71.0 \n WXET Teucrium 2x Daily Wheat ETF +2 WEAT \u22123.50 \u22128.50 \u221210.98 \u22122.48 71.0 \n MSFU Direxion Daily MSFT Bull 2X ETF +2 MSFT +1.21 \u22120.54 \u22123.00 \u22122.46 71.5 \n ASTN Defiance Daily Target 2X Short ASTS ETF -2 ASTS +5.80 \u221271.86 \u221274.31 \u22122.45 4.5 \n KJD KraneShares 2x Long JD Daily ETF +2 JD \u22128.63 \u221218.76 \u221221.20 \u22122.44 71.9 \n TMF Direxion Daily 20+ Year Treasury Bull 3X ETF +3 TLT +0.95 +2.30 \u22120.12 \u22122.42 72.2 \n FBL GraniteShares 2x Long META Daily ETF +2 META \u22122.67 \u22128.72 \u221211.13 \u22122.41 72.6 \n AAPB GraniteShares 2x Long AAPL Daily ETF +2 AAPL +13.30 +26.07 +23.69 \u22122.38 73.0 \n CRMG Leverage Shares 2X Long CRM Daily ETF +2 CRM \u221215.44 \u221232.56 \u221234.93 \u22122.37 73.5 \n SHPU Direxion Daily SHOP Bull 2X ETF +2 SHOP \u22123.66 \u221216.39 \u221218.76 \u22122.37 73.5 \n ORCU Direxion Daily ORCL Bull 2X ETF +2 ORCL +1.27 \u22127.75 \u221210.11 \u22122.36 74.1 \n SMZ Tradr 2X Short SMR Daily ETF -2 SMR \u22122.24 \u221255.57 \u221257.92 \u22122.35 5.8 \n CONX Direxion Daily COIN Bull 2X ETF +2 COIN \u221215.49 \u221235.28 \u221237.62 \u22122.34 74.4 \n PDDL GraniteShares 2x Long PDD Daily ETF +2 PDD \u221225.05 \u221246.20 \u221248.52 \u22122.32 74.8 \n BITU ProShares Ultra Bitcoin ETF +2 IBIT \u221213.85 \u221228.35 \u221230.64 \u22122.29 75.2 \n LCDL GraniteShares 2x Long LCID Daily ETF +2 LCID \u221230.02 \u221258.44 \u221260.71 \u22122.27 75.6 \n AMZZ GraniteShares 2x Long AMZN Daily ETF +2 AMZN +13.19 +25.04 +22.81 \u22122.23 75.9 \n MEXX Direxion Daily MSCI Mexico Bull 3X ETF +3 EWW 0.00 \u22123.26 \u22125.47 \u22122.21 76.3 \n ADBG Leverage Shares 2X Long ADBE Daily ETF +2 ADBE \u221215.06 \u221231.65 \u221233.85 \u22122.20 76.7 \n COTG Leverage Shares 2X Long COST Daily ETF +2 COST \u22125.99 \u221212.63 \u221214.76 \u22122.13 77.0 \n LMTL Direxion Daily LMT Bull 2X ETF +2 LMT \u221216.96 \u221232.33 \u221234.45 \u22122.12 77.4 \n NFLU T-REX 2X LONG NFLX DAILY TARGET ETF +2 NFLX \u221225.27 \u221245.92 \u221248.03 \u22122.11 77.8 \n PLTA ProShares Ultra PLTR +2 PLTR \u221220.36 \u221241.39 \u221243.49 \u22122.10 78.1 \n RGTZ Defiance Daily Target 2X Short RGTI ETF -2 RGTI +43.11 \u221285.09 \u221287.18 \u22122.09 7.1 \n QLD ProShares Ultra QQQ +2 QQQ +26.17 +56.99 +54.94 \u22122.05 78.5 \n ADBU Direxion Daily ADBE Bull 2X ETF +2 ADBE \u221215.06 \u221231.65 \u221233.64 \u22121.99 79.0 \n PLTG Leverage Shares 2X Long PLTR Daily ETF +2 PLTR \u221220.36 \u221241.39 \u221243.38 \u22121.99 79.0 \n ARCX Tradr 2X Long ACHR Daily ETF +2 ACHR \u22129.21 \u221225.47 \u221227.45 \u22121.98 79.6 \n BLSG Leverage Shares 2X Long BLSH Daily ETF +2 BLSH \u221233.19 \u221261.49 \u221263.46 \u22121.97 80.0 \n UGE ProShares Ultra Consumer Staples +2 XLP +2.69 +4.84 +2.88 \u22121.96 80.5 \n UWM ProShares Ultra Russell2000 +2 IWM +20.68 +44.26 +42.30 \u22121.96 80.5 \n CRCA ProShares Ultra CRCL +2 CRCL \u221230.98 \u221263.32 \u221265.26 \u22121.94 81.1 \n SAA ProShares Ultra SmallCap600 +2 IJR +19.08 +40.93 +39.00 \u22121.93 81.4 \n ONDU Tradr 2X Long ONDS Daily ETF +2 ONDS \u22126.47 \u221231.66 \u221233.58 \u22121.92 81.8 \n CEGX Tradr 2X Long CEG Daily ETF +2 CEG \u221210.98 \u221224.91 \u221226.82 \u22121.91 82.5 \n CSEX Tradr 2X Long CLS Daily ETF +2 CLS +26.35 +36.49 +34.58 \u22121.91 82.5 \n YINN Direxion Daily FTSE China Bull 3X ETF +3 FXI \u221210.50 \u221230.31 \u221232.22 \u22121.91 82.5 \n EZJ ProShares Ultra MSCI Japan +2 EWJ +8.43 +16.13 +14.25 \u22121.88 83.3 \n INDL Direxion Daily MSCI India Bull 2X ETF +2 INDA +5.74 +10.94 +9.07 \u22121.87 83.6 \n BABU Direxion Daily BABA Bull 2X ETF +2 BABA \u221221.71 \u221241.08 \u221242.93 \u22121.85 84.0 \n SMCZ Defiance Daily Target 2X Short SMCI ETF -2 SMCI +30.30 \u221278.75 \u221280.58 \u22121.83 8.4 \n PILL Direxion Daily Pharmaceutical & Medical Bull 3 +3 XPH +21.22 +71.70 +69.90 \u22121.80 84.4 \n LEUX Tradr 2X Long LEU Daily ETF +2 LEU \u22128.35 \u221230.57 \u221232.32 \u22121.75 84.7 \n UXI ProShares Ultra Industrials +2 XLI +12.92 +26.20 +24.50 \u22121.70 85.1 \n SSO ProShares Ultra S&P500 +2 SPY +14.26 +29.92 +28.23 \u22121.69 85.5 \n UCC ProShares Ultra Consumer Discretionary +2 XLY +7.03 +13.41 +11.76 \u22121.65 86.0 \n XOMX Direxion Daily XOM Bull 2X ETF +2 XOM \u221214.41 \u221228.28 \u221229.93 \u22121.65 86.0 \n CRCG Leverage Shares 2X Long CRCL Daily ETF +2 CRCL \u221230.98 \u221263.32 \u221264.96 \u22121.64 86.6 \n FUTG Leverage Shares 2X Long FUTU Daily ETF +2 FUTU \u221232.01 \u221264.26 \u221265.88 \u22121.62 86.9 \n UPV ProShares Ultra FTSE Europe +2 VGK +7.32 +14.15 +12.56 \u22121.59 87.3 \n SKYU ProShares Ultra Nasdaq Cloud Computing +2 SKYY +21.96 +43.90 +42.32 \u22121.58 87.7 \n PLTU Direxion Daily PLTR Bull 2X ETF +2 PLTR \u221220.36 \u221241.39 \u221242.95 \u22121.56 88.1 \n BIB ProShares Ultra Nasdaq Biotechnology +2 IBB +11.81 +23.55 +22.00 \u22121.55 88.6 \n URE ProShares Ultra Real Estate +2 IYR +8.30 +16.56 +15.01 \u22121.55 88.6 \n ETU T-Rex 2X Long Ether Daily Target ETF +2 ETHA \u221226.42 \u221249.40 \u221250.93 \u22121.53 89.2 \n ETHU 2x Ether ETF +2 ETHA \u221226.42 \u221249.40 \u221250.92 \u22121.52 89.5 \n PTIR GraniteShares 2x Long PLTR Daily ETF +2 PLTR \u221220.36 \u221241.39 \u221242.87 \u22121.48 89.9 \n EET ProShares Ultra MSCI Emerging Markets +2 EEM +20.14 +40.53 +39.06 \u22121.47 90.3 \n KPDD KraneShares 2x Long PDD Daily ETF +2 PDD \u221225.05 \u221246.20 \u221247.65 \u22121.45 90.6 \n MVV ProShares Ultra MidCap400 +2 MDY +13.39 +27.86 +26.43 \u22121.43 91.2 \n UBR ProShares Ultra MSCI Brazil Capped +2 EWZ \u22129.23 \u221218.67 \u221220.10 \u22121.43 91.2 \n RXL ProShares Ultra Health Care +2 XLV +7.87 +15.56 +14.16 \u22121.40 91.7 \n KBAB KraneShares 2x Long BABA Daily ETF +2 BABA \u221221.71 \u221241.08 \u221242.46 \u22121.38 92.1 \n NFXL Direxion Daily NFLX Bull 2X ETF +2 NFLX \u221225.27 \u221245.92 \u221247.26 \u22121.34 92.5 \n CWEB Direxion Daily CSI China Internet Index Bull 2 +2 KWEB \u221213.53 \u221226.89 \u221228.16 \u22121.27 93.0 \n DDM ProShares Ultra Dow30 +2 DIA +12.64 +26.35 +25.08 \u22121.27 93.0 \n MSTZ T-REX 2X INVERSE MSTR DAILY TARGET ETF -2 MSTR \u221229.20 +21.82 +20.57 \u22121.25 9.7 \n UYG ProShares Ultra Financials +2 XLF +8.81 +17.92 +16.73 \u22121.19 93.6 \n SPUU Direxion Daily S&P 500(R) Bull 2X ETF +2 SPY +14.26 +29.92 +28.75 \u22121.17 93.9 \n BRZU Direxion Daily MSCI Brazil Bull 2X ETF +2 EWZ \u22129.23 \u221218.67 \u221219.83 \u22121.16 94.5 \n SBTU T-REX 2X LONG SBET DAILY TARGET ETF +2 SBET \u221225.70 \u221250.12 \u221251.28 \u22121.16 94.5 \n UPW ProShares Ultra Utilities +2 XLU \u22121.04 \u22122.77 \u22123.91 \u22121.14 95.0 \n XPP ProShares Ultra FTSE China 50 +2 FXI \u221210.50 \u221220.65 \u221221.76 \u22121.11 95.4 \n BABX GraniteShares 2x Long BABA Daily ETF +2 BABA \u221221.71 \u221241.08 \u221242.18 \u22121.10 96.0 \n CPXR USCF Daily Target 2X Copper Index ETF +2 CPER +9.87 +18.12 +17.02 \u22121.10 96.0 \n GUSH Direxion Daily S&P Oil & Gas Exp. & Prod. Bull +2 XOP \u221211.35 \u221223.51 \u221224.58 \u22121.07 96.7 \n UBT ProShares Ultra 20+ Year Treasury +2 TLT +0.95 +1.72 +0.65 \u22121.07 96.7 \n RKLZ Defiance Daily Target 2X Short RKLB ETF -2 RKLB +55.14 \u221288.10 \u221289.16 \u22121.06 11.0 \n IONZ Defiance Daily Target 2X Short IONQ ETF -2 IONQ +91.65 \u221289.21 \u221290.24 \u22121.03 12.3 \n DIG ProShares Ultra Energy +2 XLE \u22129.30 \u221218.96 \u221219.94 \u22120.98 97.2 \n CRCD T-REX 2X INVERSE CRCL DAILY TARGET ETF -2 CRCL \u221230.98 \u22125.09 \u22126.05 \u22120.96 13.6 \n ERX Direxion Daily Energy Bull 2X ETF +2 XLE \u22129.30 \u221218.96 \u221219.87 \u22120.91 97.6 \n UST ProShares Ultra 7-10 Year Treasury +2 IEF +0.17 +0.28 \u22120.62 \u22120.90 98.0 \n PLTZ Defiance Daily Target 2X Short PLTR ETF -2 PLTR \u221220.36 +25.16 +24.27 \u22120.89 14.9 \n TSL GraniteShares 1.25x Long TSLA Daily ETF +1.25 TSLA +10.32 +12.13 +11.26 \u22120.87 98.3 \n CCUP T-REX 2X LONG CRCL DAILY TARGET ETF +2 CRCL \u221230.98 \u221263.32 \u221264.18 \u22120.86 98.7 \n HOOZ Defiance Daily Target 2X Short HOOD ETF -2 HOOD +43.03 \u221267.96 \u221268.81 \u22120.85 16.2 \n NUGT Direxion Daily Gold Miners Index Bull 2X ETF +2 GDX \u221221.41 \u221242.02 \u221242.83 \u22120.81 99.1 \n JNUG Direxion Daily Junior Gold Miners Index Bull 2 +2 GDXJ \u221221.56 \u221243.06 \u221243.86 \u22120.80 99.4 \n CHAU Direxion Daily CSI 300 China A Share Bull 2X E +2 ASHR +11.90 +23.77 +23.02 \u22120.75 99.8 \n QBTZ Defiance Daily Target 2X Short QBTS ETF -2 QBTS +75.11 \u221292.21 \u221292.92 \u22120.71 17.5 \n APLZ Tradr 2X Short APLD Daily ETF -2 APLD +52.31 \u221280.20 \u221280.48 \u22120.28 18.8 \n CORD T-REX 2X INVERSE CRWV DAILY TARGET ETF -2 CRWV +26.90 \u221262.51 \u221262.58 \u22120.07 20.1 \n DAMD Defiance Daily Target 2X Short AMD ETF -2 AMD +176.35 \u221292.51 \u221292.54 \u22120.03 21.4 \n BEZ Tradr 2X Short BE Daily ETF -2 BE +128.54 \u221294.12 \u221294.09 +0.03 22.7 \n STSM Defiance Daily Target 2X Short TSM ETF -2 TSM +40.17 \u221256.77 \u221256.73 +0.04 24.0 \n NBIZ Tradr 2X Short NBIS Daily ETF -2 NBIS +170.89 \u221293.95 \u221293.88 +0.07 25.3 \n IREZ Tradr 2X Short IREN Daily ETF -2 IREN +34.14 \u221273.48 \u221273.13 +0.35 26.6 \n SOXS Direxion Daily Semiconductor Bear 3X ETF -3 SOXX +89.36 \u221291.35 \u221290.98 +0.37 27.9 \n SKRE TUTTLE CAPITAL DAILY 2X INVERSE REGIONAL BANKS -2 KRE +14.33 \u221225.75 \u221225.30 +0.45 29.2 \n NVDQ T-REX 2X INVERSE NVIDIA DAILY TARGET ETF -2 NVDA +13.98 \u221231.39 \u221230.89 +0.50 30.5 \n TSLZ T-REX 2X INVERSE TESLA DAILY TARGET ETF -2 TSLA +10.32 \u221230.09 \u221229.24 +0.85 31.8 \n TSDD GraniteShares 2x Short TSLA Daily ETF -2 TSLA +10.32 \u221230.09 \u221229.19 +0.90 33.1 \n TECS Direxion Daily Technology Bear 3X ETF -3 XLK +41.39 \u221269.59 \u221268.51 +1.08 34.4 \n AMZO Tradr 2X Short AMZN Daily ETF -2 AMZN +13.19 \u221227.52 \u221226.42 +1.10 35.7 \n REW ProShares UltraShort Technology -2 XLK +41.39 \u221253.61 \u221252.47 +1.14 37.0 \n NVDS Tradr 1.5X Short NVDA Daily ETF -1.5 NVDA +13.98 \u221223.50 \u221222.34 +1.16 38.3 \n BTCZ T-REX 2X INVERSE BITCOIN DAILY TARGET ETF -2 IBIT \u221213.85 +21.26 +22.51 +1.25 39.6 \n NVD GraniteShares 2x Short NVDA Daily ETF -2 NVDA +13.98 \u221231.39 \u221230.07 +1.32 40.9 \n EEV ProShares UltraShort MSCI Emerging Markets -2 EEM +20.14 \u221236.00 \u221234.60 +1.40 42.9 \n TSLQ Tradr 2X Short TSLA Daily ETF -2 TSLA +10.32 \u221230.09 \u221228.69 +1.40 42.9 \n LABD Direxion Daily S&P Biotech Bear 3X ETF -3 XBI +23.22 \u221252.93 \u221251.32 +1.61 44.8 \n TWM ProShares UltraShort Russell2000 -2 IWM +20.68 \u221233.27 \u221231.64 +1.63 46.1 \n DXD ProShares UltraShort Dow30 -2 DIA +12.64 \u221222.19 \u221220.51 +1.68 47.4 \n EDZ Direxion Daily MSCI Emerging Markets Bear 3X E -3 EEM +20.14 \u221250.80 \u221249.11 +1.69 48.7 \n BIS ProShares UltraShort Nasdaq Biotechnology -2 IBB +11.81 \u221222.80 \u221221.05 +1.75 50.6 \n MZZ ProShares UltraShort MidCap400 -2 MDY +13.39 \u221223.57 \u221221.82 +1.75 50.6 \n ETHD ProShares UltraShort Ether ETF -2 ETHA \u221226.42 +52.13 +53.94 +1.81 53.2 \n TZA Direxion Daily Small Cap Bear 3X ETF -3 IWM +20.68 \u221246.28 \u221244.47 +1.81 53.2 \n EPV ProShares UltraShort FTSE Europe -2 VGK +7.32 \u221215.55 \u221213.73 +1.82 55.2 \n SQQQ ProShares UltraPro Short QQQ -3 QQQ +26.17 \u221254.21 \u221252.38 +1.83 56.5 \n SDD ProShares UltraShort SmallCap600 -2 IJR +19.08 \u221230.81 \u221228.95 +1.86 57.8 \n SRTY ProShares UltraPro Short Russell2000 -3 IWM +20.68 \u221246.28 \u221244.39 +1.89 59.1 \n SKF ProShares UltraShort Financials -2 XLF +8.81 \u221216.60 \u221214.70 +1.90 60.4 \n EWV ProShares UltraShort MSCI Japan -2 EWJ +8.43 \u221218.03 \u221216.08 +1.95 61.7 \n SRS ProShares UltraShort Real Estate -2 IYR +8.30 \u221216.32 \u221214.36 +1.96 63.0 \n SDP ProShares UltraShort Utilities -2 XLU \u22121.04 0.00 +2.04 +2.04 65.6 \n SIJ ProShares UltraShort Industrials -2 XLI +12.92 \u221224.05 \u221222.01 +2.04 65.6 \n SMDD ProShares UltraPro Short MidCap400 -3 MDY +13.39 \u221233.78 \u221231.74 +2.04 65.6 \n SDS ProShares UltraShort S&P500 -2 SPY +14.26 \u221224.52 \u221222.46 +2.06 68.2 \n RXD ProShares UltraShort Health Care -2 XLV +7.87 \u221215.86 \u221213.77 +2.09 69.5 \n SCC ProShares UltraShort Consumer Discretionary -2 XLY +7.03 \u221215.31 \u221213.17 +2.14 70.8 \n SDOW ProShares UltraPro Short Dow30 -3 DIA +12.64 \u221231.82 \u221229.63 +2.19 72.1 \n PST ProShares UltraShort 7-10 Year Treasury -2 IEF +0.17 \u22120.52 +1.68 +2.20 73.4 \n WEBS Direxion Daily Dow Jones Internet Bear 3X ETF -3 FDN +12.21 \u221233.61 \u221231.35 +2.26 74.7 \n DRV Direxion Daily Real Estate Bear 3X ETF -3 IYR +8.30 \u221224.17 \u221221.85 +2.32 76.0 \n TBT ProShares UltraShort 20+ Year Treasury -2 TLT +0.95 \u22122.43 +0.02 +2.45 77.3 \n FXP ProShares UltraShort FTSE China 50 -2 FXI \u221210.50 +21.38 +23.84 +2.46 78.6 \n SPXU ProShares UltraPro Short S&P500 -3 SPY +14.26 \u221234.92 \u221232.45 +2.47 79.9 \n SPXS Direxion Daily S&P 500(R) Bear 3X ETF -3 SPY +14.26 \u221234.92 \u221232.43 +2.49 81.2 \n BZQ ProShares UltraShort MSCI Brazil Capped -2 EWZ \u22129.23 +16.76 +19.38 +2.62 82.5 \n DUG ProShares UltraShort Energy -2 XLE \u22129.30 +16.33 +18.98 +2.65 83.8 \n TTT ProShares UltraPro Short 20+ Year Treasury -3 TLT +0.95 \u22123.89 \u22121.22 +2.67 85.1 \n QID ProShares UltraShort QQQ -2 QQQ +26.17 \u221239.75 \u221237.07 +2.68 86.4 \n SZK ProShares UltraShort Consumer Staples -2 XLP +2.69 \u22126.82 \u22124.10 +2.72 87.7 \n FAZ Direxion Daily Financial Bear 3X ETF -3 XLF +8.81 \u221224.33 \u221221.60 +2.73 89.0 \n JDST Direxion Daily Junior Gold Miners Index Bear 2 -2 GDXJ \u221221.56 +29.99 +32.75 +2.76 90.3 \n DRIP Direxion Daily S&P Oil & Gas Exp. & Prod. Bear -2 XOP \u221211.35 +17.88 +20.80 +2.92 91.6 \n ERY Direxion Daily Energy Bear 2X ETF -2 XLE \u22129.30 +16.33 +19.26 +2.93 92.9 \n SBIT ProShares UltraShort Bitcoin ETF -2 IBIT \u221213.85 +21.26 +24.29 +3.03 94.2 \n DUST Direxion Daily Gold Miners Index Bear 2X ETF -2 GDX \u221221.41 +34.91 +38.06 +3.15 95.5 \n TMV Direxion Daily 20+ Year Treasury Bear 3X ETF -3 TLT +0.95 \u22123.89 \u22120.40 +3.49 96.8 \n TYO Direxion Daily 7-10 Year Treasury Bear 3X ETF -3 IEF +0.17 \u22120.87 +2.77 +3.64 98.1 \n YANG Direxion Daily FTSE China Bear 3X ETF -3 FXI \u221210.50 +31.88 +36.81 +4.93 99.4 \n\n How this was computed\n For each fund, the product of (1 + L \u00d7 r) over every daily return r of its own underlying across the quarter, where L is the multiple stated in the fund\u2019s own name and prospectus. That is the exact path its mechanic would have produced. No volatility term, no approximation, nothing that breaks at the edges. The fund\u2019s own total return over the same days is subtracted from it.\n Prices are exchange end-of-day, split adjusted, distributions reinvested, from Tiingo. Each fund\u2019s stated multiple and its underlying come from its SEC registration. A fund had to trade the whole quarter to be in this study: one that listed inside it has no quarter, and measuring it over the part it traded and printing that beside funds that traded all of it would be the most common way this number is got wrong.\n What was left out, and why\n This is the part of a study worth reading first. Two tests run before any fund is measured, and both of them throw out funds that would otherwise have been the headline. Neither of those gaps was a cost anybody paid.\n The price test. A fund whose price is unchanged on more than half its days is a quote rather than a trade, and its return is what somebody paid on the days anyone traded rather than what the fund did. Measured naively, a price that never moves reads as the largest gap in the category. The flattest this quarter was AIRL, unchanged on 100 percent of its days, at 1 distinct closing price in the whole quarter.\n The pairing test. Each fund\u2019s daily returns are regressed on its underlying\u2019s. If the realized slope is not near the multiple it is filed as, the two are not related and no difference between them means anything. 7 funds failed it this quarter, the furthest out being CVNX, filed as +2 times CVNA and moving like +1.20.\n Funds excluded and why, 2026-Q2. Source: ETFIQ. Reason Funds \n no history 225 \n not the whole quarter 111 \n no underlying 56 \n quoted rather than traded 8 \n does not move like its stated multiple 3 \n trades as a different fund 4 \n \n Quoted rather than traded: AIRL, AMDS, FRDU, GIGI, XPM, SNDY, PXIU, XRPK.\n Pairings refused\n Funds that do not move like the multiple they are filed as. Source: ETFIQ. Ticker Fund Filed as Measured against Realized Note \n AMDD T-REX 2X INVERSE AMD DAILY TARGET ETF -2 AMD AMDD trades as \"Direxion Daily AMD Bear 1X ETF\" \n BU Defiance Daily Target 2X Long B ETF +2 B +1.500 \n CXRN Teucrium 2x Daily Corn ETF +2 CORN +2.301 \n CVNX Defiance Daily Target 2X Long CVNA ETF +2 CVNA +1.199 \n MARU T-REX 2X LONG MARA DAILY TARGET ETF +2 MARA MARU trades as \"AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF\" \n PLTD T-REX 2X INVERSE PLTR DAILY TARGET ETF -2 PLTR PLTD trades as \"Direxion Daily PLTR Bear 1X ETF\" \n TIPD Direxion Daily TIPS Bear 2X Shares -2 TIP TIPD trades as \"Northern Trust 2055 Inflation-Linked Distributing Ladder ETF\" \n \n Where the quarter starts\n Each return here runs from the first close inside the quarter to the last, so the move on the quarter\u2019s first trading day is left out. An issuer\u2019s quarterly number starts at the prior quarter-end close, so the two can differ by that day\u2019s move, which for a leveraged or single-stock fund can be several points.\n Check it yourself\n Every number above is in the file below, fund by fund, with the excluded funds and the reason for each. The data ETFIQ computed is free to use, including commercially, with attribution to ETFIQ and a link; the terms a fund row restates are its issuer's and stay under its owner's terms.\n Data file Every fund in this study, with the exclusions https://etfiq.com/data/quarterly/2026-q2-leverage.json \n Method Method https://etfiq.com/methodology/leverage \n Open data The manifest describing every file ETFIQ publishes https://etfiq.com/data/ \n Cite this ETFIQ, Leveraged ETFs against their own promise, 2026-","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, Leveraged ETFs against their own promise, 2026-Q2, data as of Sep 11, 2026. https://etfiq.com/research/quarterly/2026-q2-leveraged/"}