Leveraged & Inverse Bond ETFs

18 US-listed ETFs in the Leveraged & Inverse Bond category, from 4 issuers, with $3.5B in assets. The largest is Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) at $2.0B. The cheapest with at least $50M in assets is SHYD at 0.32%. The median fund charges 0.95%.

Funds
18
4 issuers
Assets
$3.5B
Median fee
0.95%
0.32% to 0.95%
Median 1-year return
+3.5%
price return
Net flows, May 2026
−$72M
from SEC filings
Best 1-year return
+41.0%
TMV, $50M+ in assets

Net flows by month

through Jul 2026SEC filings

Net creations across these funds as reported in SEC filings. The most recent months only include funds that have filed for them; funds whose filing covers other share classes are left out.

View as a table
Net flows of Leveraged & Inverse Bond ETFs by month, Aug 2023 to Jul 2026
MonthCreationsRedemptionsNet flowFunds reporting
Jul 2026$434M$165M+$268M5 partial
Jun 2026$40M$409M−$369M5 partial
May 2026$263M$335M−$72M14
Apr 2026$153M$351M−$197M14
Mar 2026$480M$230M+$250M14
Feb 2026$107M$643M−$536M14
Jan 2026$132M$548M−$416M14
Dec 2025$202M$314M−$112M14
Nov 2025$162M$304M−$143M14
Oct 2025$154M$429M−$274M14
Sep 2025$135M$868M−$733M14
Aug 2025$260M$352M−$92M14
Jul 2025$453M$167M+$286M14
Jun 2025$67M$248M−$181M14
May 2025$763M$235M+$528M14
Apr 2025$684M$783M−$99M14
Mar 2025$180M$463M−$283M14
Feb 2025$150M$558M−$408M14
Jan 2025$558M$334M+$224M14
Dec 2024$398M$827M−$429M14
Nov 2024$1.1B$673M+$470M14
Oct 2024$758M$273M+$485M14
Sep 2024$322M$299M+$23M14
Aug 2024$422M$412M+$10M14
Jul 2024$644M$147M+$496M14
Jun 2024$561M$446M+$115M14
May 2024$1.6B$1.5B+$163M14
Apr 2024$1.8B$1.5B+$284M14
Mar 2024$1.3B$1.3B+$568K14
Feb 2024$2.2B$1.9B+$348M14
Jan 2024$3.3B$3.0B+$358M14
Dec 2023$2.0B$1.6B+$400M14
Nov 2023$1.4B$1.2B+$253M14
Oct 2023$1.5B$1.1B+$414M14
Sep 2023$943M$701M+$242M14
Aug 2023$1.3B$1.0B+$243M14

All Leveraged & Inverse Bond ETFs

# Fund Issuer Fee Assets YTD 1Y Yield 3M flow Score Holdings as of
1 TMFDirexion Daily 20+ Year Treasury Bull 3X ETF3x Direxion — $2.0B −30.4% −35.6% 5.38% −$242M 94 Oct 9, 2026 issuer
2 SHYDVanEck Short High Yield Muni ETF−1x VanEck 0.32% $478M −3.6% −3.2% 3.73% +$30M 78 Oct 8, 2026 issuer
3 TBTProShares Trust UltraShort Lehman 20+ Year Treasury−2x ProShares 0.91% $358M +20.3% +24.6% 2.18% +$85M 74 Oct 9, 2026 issuer
4 TMVDirexion Daily 20+ Year Treasury Bear 3X ETF−3x Direxion — $239M +32.6% +41.0% 1.95% −$1.1M 75 Oct 9, 2026 issuer
5 TBFProShares Short 20+ Year Treasury ETF−1x ProShares 0.95% $139M +10.6% +12.5% 2.20% +$62M 62 Oct 9, 2026 issuer
6 UBTProShares Ultra 20+ Year Treasury2x ProShares 0.95% $63M −19.4% −23.4% 3.60% −$8.0M 52 Oct 9, 2026 issuer
7 SJBProShares Short High Yield−1x ProShares 0.95% $53M +1.2% +0.1% 3.23% +$26M 54 Oct 9, 2026 issuer
8 TTTProShares UltraPro Short 20+ Year Treasury−3x ProShares 0.95% $27M +30.9% +28.5% 7.16% −$713K 48 Oct 9, 2026 issuer
9 TYDDirexion Daily 7-10 Year Treasury Bull 3X ETF3x Direxion — $26M −21.1% −22.3% 4.07% −$3.6M 22 Oct 9, 2026 issuer
10 TBXProShares Short 7-10 Year Treasury−1x ProShares 0.95% $19M +7.3% +6.9% 2.53% +$3.5M 44 Oct 9, 2026 issuer
11 USTProShares Ultra 7-10 Year Treasury2x ProShares 0.95% $15M −12.9% −13.7% 3.67% −$3.9M 39 Oct 9, 2026 issuer
12 PSTProShares Trust UltraShort Lehman 7-10 Year Treasury−2x ProShares 0.95% $11M +13.9% +14.0% 2.38% $0 36 Oct 9, 2026 issuer
13 TYODirexion Daily 7-10 Year Treasury Bear 3X ETF−3x Direxion — $11M +17.1% +18.4% 7.23% +$723K 12 Oct 9, 2026 issuer
14 UJBProShares Ultra High Yield2x ProShares 0.95% $5.9M −5.9% −4.6% 3.35% −$12M 42 Oct 9, 2026 issuer
15 HYGDMicroSectors -3x Short High Yield Corporate Bond (HYG) ETNs−3x MicroSectors — — — — — — — —
16 HYGUMicroSectors 3x Long High Yield Corporate Bond (HYG) ETNs3x MicroSectors — — — — — — — —
17 LQDDMicroSectors -3x Short Investment Grade Corporate Bond (LQD) ETNs−3x MicroSectors — — — — — — — —
18 LQDUMicroSectors 3x Long Investment Grade Corporate Bond (LQD) ETNs3x MicroSectors — — — — — — — —

Sorted by assets; click a column to re-sort. 3M flow is each fund's latest three reported months. Returns are price returns and exclude distributions.

Other Leveraged & Inverse categories

Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.