13 Leveraged Semiconductor ETFs

Semiconductors have powered much of the AI boom, and names like Nvidia, Broadcom, AMD, and TSMC have posted outsized returns as datacenter buildouts accelerate. The sector is also one of the most volatile corners of the equity market, which is why leveraged and inverse semiconductor ETFs have become popular tools for traders who want to amplify directional moves.

If you want amplified exposure to the semiconductor sector, here are the leveraged and inverse ETFs to know. Each one targets the sector rather than a single stock. Most track a broad chip index, while a few concentrate on a slice of it like memory or lithography, with daily leverage of 2x to 3x. Each fund below comes with a chart and the key details.

SOXL is the flagship 3x leveraged semiconductor ETF, by far the largest and most liquid in the space. It targets 3x the daily performance of the NYSE Semiconductor Index, a basket of US-listed semi names led by Nvidia, Broadcom, AMD, and TSM. Weekly options and deep volume make it a staple for day traders and swing traders, but daily resets make it unsuitable as a long-term hold.

The 2x alternative to SOXL: same bullish sector thesis, dialed back to 2x daily exposure. It tracks the Dow Jones U.S. Semiconductors Index, with high constituent overlap with NYSE's version. Launched in 2007, it's the oldest leveraged semiconductor ETF on the market and a go-to for traders who want amplified upside without the full 3x ride.

A memory-sector tilt on the semi space. RAM delivers 2x daily exposure to the Roundhill Memory ETF (DRAM), a basket of DRAM and NAND makers like Micron and Sandisk, rather than the broad chip index. Brand new from Roundhill's T-REX line (launched June 2026) and still thinly traded.

SEMY isn't your typical leveraged ETF. It sells put credit spreads on leveraged semiconductor ETFs to generate weekly distributions. It's an income product rather than a directional bet, with an active options overlay that carries a higher expense ratio than the plain-vanilla leveraged funds. Best suited for investors looking to harvest yield from sector volatility instead of amplifying upside.

Defiance's take on the same 2x-long-DRAM trade. DRAL tracks the Roundhill Memory ETF (DRAM), concentrating on memory names like Micron and Sandisk instead of the broad semi index. Also brand new (launched June 2026) and still tiny, so volume is thin for now.

The bullish counterpart to TSXD. Instead of broad sector exposure, TSXU delivers 2x daily upside on the top 5 semi names equal-weighted. The equal-weight tilt downplays Nvidia's outsized index dominance compared to SOXL, which can help or hurt depending on which mega-cap is leading the tape. Launched in October 2025 alongside TSXD and still tiny on AUM, so liquidity is thin and bid-ask spreads can be wide.

A narrow thematic play within the semi sector. EUVX delivers 2x daily upside on lithography and semiconductor photonics names rather than tracking a broad chip index. The tilt concentrates exposure on the equipment and tooling side of the supply chain (the picks-and-shovels names that make the gear chipmakers actually use), which can decouple sharply from how the chip designers themselves trade. Brand new from Corgi (launched June 2026) and still tiny on AUM, so liquidity is thin and bid-ask spreads can be wide.

A direct 2x long bet on the broad US semi sector, same playbook as USD but from Corgi rather than ProShares. Brand new (launched June 2026) and still tiny on AUM, with no options listed yet, so SOXL and USD remain the more liquid choices for now. Worth watching.

The heavyweight inverse bet on the semi sector. It delivers -3x the daily return of the NYSE Semiconductor Index. Heavily used by traders to hedge or speculate during selloffs, with weekly options and very high daily volume. Daily resets cause meaningful decay over longer holding periods, so it's strictly a short-term tactical tool.

The 2x inverse counterpart to USD: same Dow Jones U.S. Semiconductors Index, dialed to -2x daily. Far smaller and less liquid than SOXS, but the milder leverage means slightly less daily decay. Typically used by ProShares-loyal traders looking to hedge long sector positions without committing to the full 3x inverse.

A more concentrated inverse play. Rather than tracking the full sector, TSXD shorts the top 5 semi names equal-weighted at -2x daily. The equal-weight tilt dilutes Nvidia's outsized index dominance compared to SOXS. Launched in October 2025 and still tiny on AUM, so liquidity is thin and bid-ask spreads can be wide.