Leveraged & Inverse ETF Performance
1 day to 5 years — and the decay nobody puts in the table
Updated October 11, 2026
Leveraged ETFs promise 2× or 3× a market’s move — TQQQ for the Nasdaq, SOXL for chips, UPRO for the S&P. Over a single day they deliver. The catch every performance table leaves out: they reset daily, so in a choppy market the math works against you — a 3× fund can fall behind 3× the index over time even when the index ends up. That’s “volatility decay,” and it’s why the 5-year column often disappoints next to the 1-year.
So read this two ways: the short columns show what they did; the worst-drop figure in each row shows what they cost to hold. These are trading tools, not buy-and-hold positions — the drawdowns are brutal by design. Each ticker links to its live page if you want the full chart.
| # | Stock | 1D | 1W | 1M | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|---|---|
| 1 | SOXL3x Semiconductors | −2% | −15% | +11% | +231% | +597% | +264% |
| Direxion Daily Semiconductor Bull 3X — 3x Semiconductors. Worst drop in the last year: −69%. Resets daily, so it tracks 3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 2 | LABU3x Biotech | +9% | −2% | −13% | +117% | +237% | −77% |
| Direxion Daily S&P Biotech Bull 3X — 3x Biotech. Worst drop in the last year: −35%. Resets daily, so it tracks 3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 3 | TECL3x Technology | +2% | −2% | +17% | +79% | +413% | +314% |
| Direxion Daily Technology Bull 3X — 3x Technology. Worst drop in the last year: −50%. Resets daily, so it tracks 3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 4 | TNA3x Small caps | +1% | −3% | −12% | +24% | +106% | −31% |
| Direxion Daily Small Cap Bull 3X — 3x Small caps. Worst drop in the last year: −33%. Resets daily, so it tracks 3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 5 | TQQQ3x Nasdaq 100 | +1% | +0% | +14% | +50% | +322% | +161% |
| ProShares UltraPro QQQ — 3x Nasdaq 100. Worst drop in the last year: −37%. Resets daily, so it tracks 3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 6 | NUGT2x Gold miners | +6% | +3% | −21% | +1% | +435% | +231% |
| Direxion Daily Gold Miners Bull 2X — 2x Gold miners. Worst drop in the last year: −68%. Resets daily, so it tracks 2x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 7 | QLD2x Nasdaq 100 | +1% | +0% | +9% | +39% | +214% | +170% |
| ProShares Ultra QQQ — 2x Nasdaq 100. Worst drop in the last year: −25%. Resets daily, so it tracks 2x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 8 | SPXL3x S&P 500 | +2% | +3% | +6% | +38% | +264% | +169% |
| Direxion Daily S&P 500 Bull 3X — 3x S&P 500. Worst drop in the last year: −27%. Resets daily, so it tracks 3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 9 | UPRO3x S&P 500 | +2% | +3% | +6% | +37% | +262% | +164% |
| ProShares UltraPro S&P 500 — 3x S&P 500. Worst drop in the last year: −27%. Resets daily, so it tracks 3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 10 | DPST3x Regional banks | −2% | −7% | −17% | +9% | +100% | −78% |
| Direxion Daily Regional Banks Bull 3X — 3x Regional banks. Worst drop in the last year: −40%. Resets daily, so it tracks 3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 11 | DFEN3x Aerospace & defense | +3% | −2% | −17% | −34% | +185% | +106% |
| Direxion Daily Aerospace & Defense Bull 3X — 3x Aerospace & defense. Worst drop in the last year: −54%. Resets daily, so it tracks 3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 12 | UDOW3x Dow 30 | +2% | +3% | −5% | +23% | +139% | +80% |
| ProShares UltraPro Dow30 — 3x Dow 30. Worst drop in the last year: −28%. Resets daily, so it tracks 3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 13 | SSO2x S&P 500 | +1% | +2% | +4% | +27% | +162% | +135% |
| ProShares Ultra S&P 500 — 2x S&P 500. Worst drop in the last year: −18%. Resets daily, so it tracks 2x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 14 | ERX2x Energy | −1% | +7% | −1% | +107% | +75% | +267% |
| Direxion Daily Energy Bull 2X — 2x Energy. Worst drop in the last year: −30%. Resets daily, so it tracks 2x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 15 | UCO2x Crude oil | −0% | +4% | +13% | +160% | +76% | +138% |
| ProShares Ultra Bloomberg Crude Oil — 2x Crude oil. Worst drop in the last year: −39%. Resets daily, so it tracks 2x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 16 | CURE3x Healthcare | +5% | +8% | +7% | +45% | +44% | +29% |
| Direxion Daily Healthcare Bull 3X — 3x Healthcare. Worst drop in the last year: −31%. Resets daily, so it tracks 3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 17 | FAS3x Financials | +3% | +7% | −13% | −12% | +155% | +19% |
| Direxion Daily Financial Bull 3X — 3x Financials. Worst drop in the last year: −41%. Resets daily, so it tracks 3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 18 | TMF3x Long Treasuries | +0% | +2% | −14% | −35% | −42% | −90% |
| Direxion Daily 20Y+ Treasury Bull 3X — 3x Long Treasuries. Worst drop in the last year: −43%. Resets daily, so it tracks 3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 19 | TBT-2x Long Treasuries | −0% | −1% | +9% | +25% | +3% | +121% |
| ProShares UltraShort 20Y+ Treasury — -2x Long Treasuries. Worst drop in the last year: −11%. Resets daily, so it tracks -2x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 20 | SPXU-3x S&P 500 | −2% | −3% | −7% | −38% | −86% | −90% |
| ProShares UltraPro Short S&P 500 — -3x S&P 500. Worst drop in the last year: −47%. Resets daily, so it tracks -3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 21 | SQQQ-3x Nasdaq 100 | −1% | −1% | −15% | −55% | −93% | −97% |
| ProShares UltraPro Short QQQ — -3x Nasdaq 100. Worst drop in the last year: −64%. Resets daily, so it tracks -3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 22 | TZA-3x Small caps | −1% | +3% | +12% | −41% | −85% | −84% |
| Direxion Daily Small Cap Bear 3X — -3x Small caps. Worst drop in the last year: −62%. Resets daily, so it tracks -3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 23 | UVXY1.5x VIX futures | −2% | −4% | −11% | −69% | −96% | −100% |
| ProShares Ultra VIX Short-Term Futures — 1.5x VIX futures. Worst drop in the last year: −77%. Resets daily, so it tracks 1.5x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 24 | BOIL2x Natural gas | +4% | +11% | +17% | −61% | −97% | −100% |
| ProShares Ultra Bloomberg Natural Gas — 2x Natural gas. Worst drop in the last year: −79%. Resets daily, so it tracks 2x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 25 | DUST-2x Gold miners | −6% | −4% | +20% | −65% | −97% | −98% |
| Direxion Daily Gold Miners Bear 2X — -2x Gold miners. Worst drop in the last year: −77%. Resets daily, so it tracks -2x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||
| 26 | SOXS-3x Semiconductors | +2% | +16% | −20% | −96% | −100% | −100% |
| Direxion Daily Semiconductor Bear 3X — -3x Semiconductors. Worst drop in the last year: −97%. Resets daily, so it tracks -3x of the underlying's daily move — over weeks and months, volatility decays the return. | |||||||