List of 2x Leveraged ETFs and ETNs

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Leveraged exchange-traded funds (ETFs) and exchange-traded notes (ETNs) have only been around since 1993, but interest in them received a big boost from the prolonged bull market. These investment vehicles are not for amateur investors, but for those considering taking the plunge, below is a comprehensive list of ETFs and ETNs available.

Defining a Leveraged ETF and ETN

A leveraged ETF is designed to mirror an index such as the S&P 500, but the fund uses financial derivatives and debt to amplify the returns of that underlying index. The funds aim to keep a constant amount of leverage during the investment time frame, typically a 2–3x ratio. In other words, a leveraged 2x ETF will maintain a $2 exposure to the index for every $1 of investor capital, in hopes of getting twice the return of investors in the underlying index. An ETN is issued as a senior debt note, not a stake in an underlying commodity, and like bonds, they are unsecured debt.

Leveraged index ETFs are often marketed as bull or bear funds. For example, a leveraged bull ETF might attempt to achieve daily returns that are 2x or 3x more pronounced than the Dow Jones Industrial Average or the S&P 500. As with any leveraged ETF, you need to know that the targeted leveraged return is on the ​daily performance, not the annual return.

List of Funds

  • AGQ: Ultra Silver ProShares ETF
  • AMJL: Credit Suisse X-Links Monthly Pay 2x Leveraged Alerian MLP Index ETN
  • BDCL: UBS 2X Leveraged Long Wells Fargo Business Development Company ETN
  • BIB: Ultra NASDAQ Biotechnology ETF
  • BIS: Ultra Short NASDAQ Biotechnology ETF
  • BOIL: ProShares Ultra DJ-UBS Natural Gas ETF
  • BZQ: UltraShort MSCI Brazil ProShares ETF
  • CEFL: Etracs Monthly Pay 2x Leveraged Closed-End Fund ETN
  • CHAU: Direxion Daily CSI 300 China A Share Bull 2x ETF
  • CROC: ProShares UltraShort Australian Dollar ETF
  • DDM: Ultra Dow 30 ProShares ETF
  • DGP: PDB Gold Double Long ETN
  • DIG: Ultra Oil & Gas ProShares ETF
  • DRR: Market Vectors Double Short Euro ETN
  • DSXJ: JP Morgan 2X Short US 10 Year Treasury Futures ETN
  • DTO: DB Crude Oil Double Short ETN
  • DUG: UltraShort Oil & Gas ProShares ETF
  • DVYL: Etracs Monthly Pay 2x Leveraged Dow Jones Select Dividend Index ETN
  • DXD: UltraShort Dow 30 ProShares ETF
  • DZZ: DB Gold Double Short ETN
  • EET: Ultra MSCI Emerging Mkts ProShares ETF
  • EEV: UltraShort MSCI Emerging Markets ProShares ETF
  • EFO: Ultra MSCI EAFE ProShares ETF
  • EFU: UltraShort MSCI EAFE ProShares ETF
  • EPV: UltraShort MSCI Europe ProShares
  • EUO: ProShares UltraShort Euro ETF
  • EWV: UltraShort MSCI Japan ProShares ETF
  • EZJ: Ultra MSCI Japan ProShares ETF
  • FXP: UltraShort FTSE/Xinhua China25 Proshares ETF
  • GLL: UltraShort Gold ProShares ETF
  • HOML: Etracs Monthly Reset 2x Leveraged ISE Exclusively Homebuilders ETN
  • KOLD: UltraShort DJ-UBS Natural Gas ETF
  • LTL: Ultra Telecommunications ProShares ETF
  • LRET: Etracs Monthly Pay 2xLeveraged MSCI US REIT Index ETN
  • MLPQ: Etracs 2x Monthly Leveraged Alerian MLP Infrastructure ETN Series B
  • MLPZ: Etracs 2x Monthly Leveraged S&P MLP Index ETN Series B
  • MVV: Ultra Mid Cap 400 ProShares ETF
  • MZZ: UltraShort Mid Cap 400 ProShares ETF
  • PILL: Direxion Daily Pharmaceutical & Medical Bull 2X Shares ETF
  • PST: UltraShort 7-10 Year Treasury ProShares ETF
  • QID: UltraShort QQQ ProShares ETF
  • QLD: Ultra QQQ ProShares ETF
  • RETL: Direxion Daily Retail Bull 2X Shares ETF
  • REW: UltraShort Technology ProShares ETF
  • ROM: Ultra Technology ProShares ETF
  • RXD: UltraShort Health Care ProShares ETF
  • RXL: Ultra Health Care ProShares ETF
  • SAA: Ultra Small Cap 600 ProShares ETF
  • SCC: UltraShort Consumer Services ProShares ETF
  • SCO: UltraShort DJ-UBS Crude Oil ProShares ETF
  • SDD: UltraShort Small Cap 600 ProShares ETF
  • SDP: UltraShort Utilities ProShares ETF
  • SDS: UltraShort S&P500 ProShares ETF
  • SDYL: Etracs Monthly Pay 2x Leveraged S&P Dividend ETN
  • SIJ: UltraShort Industrials ProShares ETF
  • SKF: UltraShort Financials ProShares ETF
  • SMLL: Direxion Daily Small Cap Bull 2X Shares ETF
  • SMN: UltraShort Basic Materials ProShares ETF
  • SMHD: $100,000,000 ETRACS Monthly Pay 2x Leveraged US Small Cap High Dividend ETN due February 6, 2045
  • SRS: UltraShort Real Estate ProShares ETF
  • SSG: UltraShort Semiconductor ProShares ETF
  • SSO: Ultra S&P 500 ProShares ETF
  • SZK: UltraShort Consumer Goods ProShares ETF
  • TBT: UltraShort 20+ Year Treasury ProShares ETF
  • TVIX: VelocityShares Daily 2x VIX Short Term ETN
  • TWM: UltraShort Russell 2000 ProShares ETF
  • UBR: Ultra MSCI Brazil ETF
  • UBT: Ultra 20+ Year Treasury ETF
  • UCC: Ultra Consumer Services ProShares ETF
  • UCO: Ultra DJ-UBS Crude Oil ProShares ETF
  • UGE: Ultra Consumer Goods ProShares ETF
  • UGL: Ultra Gold ProShares ETF
  • UJB: ProShares Ultra High Yield Bond ETF
  • ULE: Ultra Euro ProShares ETF
  • UPV: Ultra MSCI Europe ETF
  • UPW: Ultra Utilities ProShares ETF
  • URE: Ultra Real Estate ProShares ETF
  • URR: Market Vectors Double Long Euro ETN
  • USD: Ultra Semiconductor ProShares ETF
  • UST: Ultra 7-10 Year Treasury ETF
  • UVXY: ProShares Ultra VIX Short-Term Futures ETF
  • UWM: Ultra Russell 2000 ProShares ETF
  • UXI: Ultra Industrials ProShares ETF
  • UYG: Ultra Financials ProShares ETF
  • UYM: Ultra Basic Materials ProShares ETF
  • XPP: Ultra FTSE/Xinhua China 25 ProShares ETF
  • YCL: Ultra Yen ProShares ETF
  • YCS: UltraShort Yen ProShares ETF
  • ZSL: ProShares UltraShort Silver ETF
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  1. Securities and Exchange Commission. "A Quarter Century of Exchange-Traded Fun!"

  2. "AGQ."

  3. "AMJL."

  4. "BDCL."

  5. "BIB."

  6. "BIS."

  7. "BOIL."

  8. "BZQ."

  9. "CEFL."

  10. "CHAU."

  11. "CROC."

  12. "DDM."

  13. "DGP."

  14. "DIG."

  15. "DRR."

  16. ETF Database. "DSXJ."

  17. "DTO."

  18. "DUG."

  19. "DVYL."

  20. "DXD."

  21. "DZZ."

  22. "EET."

  23. "EEV."

  24. "EFO."

  25. "EFU."

  26. "EPV."

  27. "EUO."

  28. "EWV."

  29. "EZJ."

  30. "FXP."

  31. "GLL."

  32. "HOML."

  33. "KOLD."

  34. "LTL."

  35. "LRET."

  36. "MLPQ."

  37. "MLPZ."

  38. "MVV."

  39. "MZZ."

  40. "PILL."

  41. "PST."

  42. "QID."

  43. "QLD."

  44. "RETL."

  45. "REW."

  46. "ROM."

  47. "RXD."

  48. "RXL."

  49. "SAA."

  50. "SCC."

  51. "SCO."

  52. "SDD."

  53. "SDP."

  54. "SDS."

  55. "SDYL."

  56. "SIJ."

  57. "SKF."

  58. "SMLL."

  59. "SMN."

  60. "SMHD."

  61. "SRS."

  62. "SSG."

  63. "SSO."

  64. "SZK."

  65. "TBT."

  66. "TVIX."

  67. "TWM."

  68. "UBR."

  69. "UBT."

  70. "UCC."

  71. "UCO."

  72. "UGE."

  73. "UGL."

  74. "UJB."

  75. "ULE."

  76. "UPV."

  77. "UPW."

  78. "URE."

  79. "URR."

  80. "USD."

  81. "UST."

  82. "UVXY."

  83. "UWM."

  84. "UXI."

  85. "UYG."

  86. "UYM."

  87. "XPP."

  88. "YCL."

  89. "YCS."

  90. "ZSL."

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