Leveraged ETF Calculator
A what-if scenario tool — estimate how a leveraged or inverse ETF might move when the underlying changes by a target amount. Use it to sanity-check your stop-loss levels before entering a position.
1. Pick an ETF group
2. Pick the underlying
Where the underlying is trading now
Where you think it might go
Where the leveraged variant is trading now
Underlying move: 0.80%
Estimated leveraged ETF prices
| Leveraged ETF | Multiplier | Estimated move | Estimated price |
|---|---|---|---|
| SPXL | +3x | +2.39% | $87.03 |
| SPXS | -3x | -2.39% | $82.97 |
⚠️ These are reference estimates only
- Single-day approximation — does not account for compounding decay over multiple days
- Ignores volatility drag, tracking error, and management fees
- Bid-ask spreads, gap risk, and intraday rebalancing can cause real prices to diverge
- Leveraged ETFs are designed for short-term trading, not buy-and-hold
- See our Risk Disclosure for additional context