##  [# Tech-Focused Leveraged ETFs Reveal Market Recovery Bets ](/sections/data-dive/tech-focused-leveraged-etfs-reveal-market-recovery-bets) 

 

# Tech-Focused Leveraged ETFs Reveal Market Recovery Bets 

 

 

\- Tech-focused leveraged ETFs are dominating April fund inflows amid tariff turmoil.  
\- SOXL leads with $4.3 billion of monthly inflows despite a 42% performance drop.  
\- Inverse and bond ETFs are seeing outflows as investors position for a potential rebound.



 

 

 

 

 [![DJ](/sites/default/files/styles/author_image_icon/public/2024-07/5.png?itok=LA-jevm_)](/authors/dj-shaw) 

[By DJ Shaw ](/authors/dj-shaw)

 Apr 28, 2025

 Edited by: Ron Day

 

 

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[Leveraged ETFs](/topics/leveraged) tracking [semiconductor](/topics/semiconductors) and [tech](/topics/technology) stocks have attracted billions in inflows over the past month despite steep performance declines, according to data from the etf.com [Pulse Tool](/tools/etf-pulse).

The surge in flows to leveraged, bullish ETFs comes as investors position for a potential market recovery following President Donald Trump's 90-day pause on tariffs, demonstrating how traders use these high-risk funds to amplify returns in a volatile market environment.

## SOXL Leads Among Bullish Bets

The [**Direxion Daily Semiconductor Bull 3X Shares (SOXL)**](/soxl) topped the list with $4.3 billion in inflows over the past month, according to etf.com data. This massive influx occurred despite the fund's 43% loss during the period.

The [**ProShares UltraPro QQQ (TQQQ)**](/tqqq), offering three times leveraged exposure to the NASDAQ-100 index, attracted $2.9 billion in monthly inflows, according to etf.com. The fund has lost 21% over the past month.

The inflows come as the broader market has struggled, with major indexes dropping after President Trump escalated the global trade war on April 2.

![Fund Flows and Performance](/sites/default/files/inline-images/image%20%282%29_1.png)*Source: etf.com Pulse tool*

*ETF Pulse is a tracking tool designed to provide investors with insights into the top trending ETFs based on fund flows and performance metrics. ETF Pulse offers a platform to monitor, analyze and capitalize on market trends.* [*Give it a try right here.*](https://www.etf.com/tools/etf-pulse)

 
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## Flows Reveal Investor Sentiment

The [**ProShares UltraPro Short QQQ (SQQQ)**](/sqqq), which provides triple inverse exposure to the NASDAQ-100, saw more modest inflows of $400.8 million over the past month, according to etf.com data. Unlike its bullish counterparts, SQQQ showed better performance with a monthly decline of just 2.8%.

On the outflow side, the [**ProShares Ultra QQQ (QLD)**](/qld), offering two times leveraged exposure to the NASDAQ-100, experienced $546.5 million in outflows over the past month, according to etf.com data. QLD posted a 12% decline during this period.

The [**ProShares UltraShort Bloomberg Natural Gas (KOLD)**](/kold), which provides daily double inverse exposure to natural gas futures, saw $339.7 million in monthly outflows despite gaining nearly 43% over the same period.

The [**Direxion Daily 20+ Year Treasury Bull 3X Shares (TMF)**](/tmf), which provides triple leveraged exposure to long-dated Treasury bonds, experienced $180.3 million in outflows over the past month, according to the data. TMF declined 6% during this period.

Year-to-date fund flows show a similar pattern, with SOXL and TQQQ attracting $4.7 billion and $4.6 billion, respectively, according to etf.com. This ongoing investor interest comes despite their steep losses of 56% and 34% over the same period.



 

 

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 [ DJ Shaw Finance Reporter ](/authors/dj-shaw) 

 

 

  A graduate of The University of Texas, Arlington with a BA in Communications, DJ has covered retirement plans, mortgage news, and financial advisor…   [View Bio](/authors/dj-shaw)

 



 

 


 Related Topics  [Semiconductors](http://www.etf.com/topics/semiconductors) 

 [NASDAQ-100 Index](http://www.etf.com/topics/nasdaq-100-index) 

 [Leveraged](http://www.etf.com/topics/leveraged) 

 [Inverse](http://www.etf.com/topics/inverse) 

 [Technology](http://www.etf.com/topics/technology)