Jul. 3 at 8:19 PM
$VOO $COIN $XYZG $SPX Leveraged ETFs Lead in Volatile Quarter
Following the market rebound from Liberation Day tariffs, leveraged ETFs—especially in crypto, gold miners, and tech—posted dramatic gains.
The CONL (+0.28%), a leveraged ETF tracking Coinbase , soared 233% in Q2, compared to a modest 10.9% gain for the VOO (+0.86%), Vanguard’s
$1.4T S&P 500 ETF.
Over 30 new leveraged ETFs launched in Q2 alone, including names like ARMX and XYZG, aiming to double daily returns of single stocks. More than 70 have launched in 2025.
While these ETFs can produce short-term outperformance, they often prove poor long-term investments. Critics argue they promote risky, “casino-like” behavior, and suggest any advisor recommending them should be avoided.