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

  • AGA: Power Shares DB Agriculture Double Short ETN
  • AGQ: Ultra Silver ProShares ETF
  • AMJL: Credit Suisse X-Links Monthly Pay 2x Leveraged Alerian MLP Index ETN
  • BDD: PowerShares DB Base Metals Double Long 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
  • BOM: PowerShares DB Base Metals Double Short ETN
  • BXUC: Barclays Long C Leveraged S&P 500 Total Return ETN
  • 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
  • CMD: UltraShort DJ-UBS Commodity ProShares ETF
  • CROC: ProShares UltraShort Australian Dollar ETF
  • CSMB: The 2x Monthly Leveraged Credit Suisse Merger Arbitrage Liquid Index ETN
  • DAG: PowerShares DB Agriculture Double Long ETN
  • DDM: Ultra Dow 30 ProShares ETF
  • DEE: PowerShares DB Commodity Double Short ETN
  • DGP: PowerShares DB Gold Double Long ETN
  • DIG: Ultra Oil & Gas ProShares ETF
  • DRR: Market Vectors Double Short Euro ETN
  • DSTJ: JP Morgan 2X Short US Long Treasury Futures ETN
  • DSXJ: JP Morgan 2X Short US 10 Year Treasury Futures ETN
  • DTO: PowerShares 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
  • DYY: PowerShares DB Commodity Double Long ETN
  • DZZ: PowerShares 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
  • EMLB: iPath Long Enhanced MSCI Emerging Markets Index ETN
  • EMSA: iPath Short Enhanced MSCI Emerging Markets Index ETN
  • EPV: UltraShort MSCI Europe ProShares
  • EUO: ProShares UltraShort Euro ETF
  • EWV: UltraShort MSCI Japan ProShares ETF
  • EZJ: Ultra MSCI Japan ProShares ETF
  • FBG: UBS AG FI Enhanced Big Cap Growth ETN
  • FOL: FactorShares 2X Oil Bull/S&P500 Bear ETF
  • FSA: FactorShares 2X TBond Bull/S&P500 Bear ETF
  • FSE: FactorShares 2X S&P500 Bull/TBond Bear ETF
  • FSG: FactorShares 2X Gold Bull/S&P500 Bear ETF
  • FSU: FactorShares 2X S&P500 Bull/USD Bear ETF
  • FXP: UltraShort FTSE/Xinhua China25 Proshares ETF
  • GDAY: ProShares Ultra Australian Dollar ETF
  • GLL: UltraShort Gold ProShares ETF
  • HBZ: ProShares Ultra Short Homebuilders and Supplies ETF
  • HBU: ProShares Ultra Homebuilders and Supplies ETF
  • HAKK: Direxion Daily Cyber Security Bull 2X Shares ETF
  • HAKD: Direxion Daily Cyber Security Bear 2X Shares ETF
  • HOML: Etracs Monthly Reset 2x Leveraged ISE Exclusively Homebuilders ETN
  • HYDD: Direxion Daily High Yield Bear 2X Shares ETF
  • IGU: ProShares Ultra Investment Grade Bond ETF
  • LPLT: 2x Long Platinum ETN
  • IPLT: 2x Inverse Platinum ETN
  • JPX: UltraShort MSCI Pacific ex-Jpn ProShares ETF
  • KOLD: UltraShort DJ-UBS Natural Gas ETF
  • KRU: Ultra KBW Regional Banking ETF
  • LTL: Ultra Telecommunications ProShares ETF
  • LRET: Etracs Monthly Pay 2xLeveraged MSCI US REIT Index ETN
  • MFLA: iPath Long Enhanced MSCI EAFE Index ETN
  • MFSA: iPath Short Enhanced MSCI EAFE 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
  • MDLL: Direxion Daily Mid Cap Bull 2X Shares ETF
  • MVV: Ultra Mid Cap 400 ProShares ETF
  • MZZ: UltraShort Mid Cap 400 ProShares ETF
  • PILL: Direxion Daily Pharmaceutical & Medical Bull 2X Shares ETF
  • PILS: Direxion Daily Pharmaceutical & Medical Bear 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
  • RETS: Direxion Daily Retail Bear 2X Shares ETF
  • REW: UltraShort Technology ProShares ETF
  • ROM: Ultra Technology ProShares ETF
  • RWXL: ETRACS Monthly Pay 2X Leveraged Dow Jones International Real Estate ETN
  • 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
  • SDK: UltraShort Russell Mid Cap Growth ProShares ETF
  • SDP: UltraShort Utilities ProShares ETF
  • SDS: UltraShort S&P500 ProShares ETF
  • SDYL: Etracs Monthly Pay 2x Leveraged S&P Dividend ETN
  • SFK: UltraShort Russell 1000 Growth ProShares ETF
  • SIJ: UltraShort Industrials ProShares ETF
  • SJF: UltraShort Russell 1000 Value ProShares ETF
  • SJH: UltraShort Russell 2000 Value ProShares ETF
  • SJL: UltraShort Russell Mid Cap ValUE ProShares ETF
  • SKF: UltraShort Financials ProShares ETF
  • SKK: UltraShort Russell 2000 Growth ProShares ETF
  • SMK: UltraShort MSCI Mexico Investment 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
  • SYTL: Direxion Daily 7-10 Year Treasury Bull 2X Shares ETF
  • SZK: UltraShort Consumer Goods ProShares ETF
  • TBT: UltraShort 20+ Year Treasury ProShares ETF
  • TBZ: UltraShort 3-7 Year Treasury ETF
  • TLL: UltraShort Telecommunications ProShares ETF
  • TPS: ProShares UltraShort TIPS ETF
  • TVIX: VelocityShares Daily 2x VIX Short Term ETN
  • TVIZ: VelocityShares Daily 2x VIX Mid Term ETN
  • TWM: UltraShort Russell 2000 ProShares ETF
  • TWQ: ProShares UltraShort Russell 3000 Index ETF
  • UBR: Ultra MSCI Brazil ETF
  • UBT: Ultra 20+ Year Treasury ETF
  • UCC: Ultra Consumer Services ProShares ETF
  • UCD: Ultra DJ-UBS Commodity 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
  • UKF: Ultra Russell1000 Growth ProShares ETF
  • UKK: Ultra Russell 2000 Growth ProShares ETF
  • UKW: Ultra Russell Mid Cap Growth ProShares ETF
  • ULE: Ultra Euro ProShares ETF
  • UMX: Ultra MSCI Mexico Investable Market
  • 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
  • UVG: Ultra Russell 1000 Value ProShares ETF
  • UVT: Ultra Russell 2000 Value ProShares ETF
  • UVU: Ultra Russell Mid Cap Value ProShares ETF
  • UVXY: ProShares Ultra VIX Short-Term Futures ETF
  • UWC: Ultra Russell 3000 ProShares ETF
  • UWM: Ultra Russell 2000 ProShares ETF
  • UXI: Ultra Industrials ProShares ETF
  • UXJ: Ultra MSCI Pacific Ex-Japan
  • UYG: Ultra Financials ProShares ETF
  • UYM: Ultra Basic Materials ProShares ETF
  • VZZB: iPath Long Enhanced S&P 500 VIX Mid-Term Futures ETN
  • XPP: Ultra FTSE/Xinhua China 25 ProShares ETF
  • YCL: Ultra Yen ProShares ETF
  • YCS: UltraShort Yen ProShares ETF
  • ZSL: ProShares UltraShort Silver ETF