Leveraged ETFs: Single-Stock Surge

2025 has so far been a big year for leveraged ETFs. I wrote a research note on leveraged ETFs earlier this year (read more here) where I discussed some trends in the leveraged ETF market. And since then, the leveraged ETF market has continued to grow. As of September 5, 2025, around 25% of funds launched this year (~170 out of ~660, according to Bloomberg data) were leveraged ETFs. The majority of these are single-stock ETFs. That aligns with how many investors actually trade today outside of the core of th ...