Leveraged ETF that has holding of AMZN

Below is a non-exhaustive list of U.S.-listed leveraged exchange-traded products that currently hold (directly or via derivatives exposure) a long position in Amazon.com (AMZN). The leverage multiple shown is the manager’s stated daily target; actual results will vary with market conditions and holding period.

1. ProShares UltraPro QQQ (Ticker: TQQQ – 3× daily long Nasdaq-100)
• AMZN is a top-10 constituent of the Nasdaq-100, so TQQQ maintains significant synthetic exposure to AMZN through swaps and futures.
• Typical AMZN weight ≈ 7 % of NAV (varies with index re-balancing and fund re-balancing).

2. ProShares Ultra QQQ (Ticker: QLD – 2× daily long Nasdaq-100)
• Same index as above; half the leverage of TQQQ, similar AMZN weight.

3. Direxion Daily Technology Bull 3× Shares (Ticker: TECL – 3× daily long Technology Select Sector Index)
• AMZN is among the largest weights in the Technology Select Sector Index (even though S&P classifies it as Consumer Discretionary, it is included in this tech-heavy index for the fund’s swap basket).
• AMZN weight typically ~7 – 8 %.

4. Direxion Daily Consumer Discretionary Bull 3× Shares (Ticker: WANT – 3× daily long S&P Consumer Discretionary Select Sector Index)
• AMZN is the dominant holding in the underlying index, often exceeding 20 % weight; WANT offers a 3× leveraged exposure to that basket.

5. MicroSectors FANG+ 3× Leveraged ETN (Ticker: FNGU – 3× daily long NYSE FANG+ Index)
• AMZN is one of the ten equally weighted “FANG+” names in the index; effective AMZN exposure ≈ 10 % (×3 leverage).

6. REX MicroSectors FANG+ 2× Leveraged ETN (Ticker: FNGO – 2× daily long NYSE FANG+ Index)
• Same basket as FNGU but at 2× leverage.

7. Direxion Daily AMZN Bull 1.5× Shares (Ticker: AMZU – 1.5× daily long single-stock Amazon)
• Provides concentrated 150 % daily exposure solely to Amazon (this is a single-stock leveraged ETF).

Key considerations before investing:
• Leverage resets daily. Holding periods longer than one day can lead to path-dependent returns that deviate from the headline leverage multiple.
• Volatility decay can erode returns if AMZN (or the broader index) is volatile but trendless.
• Expense ratios (0.95 %–1.15 %) and swap financing costs are higher than those of unlevered index ETFs.
• Liquidity and borrowing costs (for ETNs) may affect tracking and bid-ask spreads.
• These products are generally intended for short-term tactical trading, not long-term buy-and-hold.

If you’d like to dig deeper—e.g., analyze historical performance, run a back-test of an AMZN-tilted leveraged ETF strategy, or quantify the impact of holding periods and volatility decay—let me know and I can set up a formal back-testing workflow.