Direxion Daily LMT Bull 2X ETF (LMTL) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with LMTL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to LMTL
LMTL charges 1.07% annually. There are 249 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 28.74M | Mar 2026 | LMTL vs NTSD | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.98M | Sep 2021 | LMTL vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | 241.41M | May 2014 | LMTL vs SPUU | |
| Leverage Shares 2X Long IREN Daily ETF | 0.75% | 19.24M | Dec 2025 | LMTL vs IREG | |
| Direxion Daily Semiconductor Bull 3X ETF | 0.75% | 22.99B | Mar 2010 | LMTL vs SOXL |
Best Risk-Adjusted Alternatives to LMTL
Among 234 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 99 | 3.44B | Oct 2024 | LMTL vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 99 | 1.11B | Nov 2024 | LMTL vs MULL | |
| Innovator Growth Accelerated Plus ETF - April | 98 | 19.26M | Apr 2021 | LMTL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.62M | Apr 2021 | LMTL vs XTAP | |
| Direxion Daily Semiconductor Bull 3X ETF | 97 | 22.99B | Mar 2010 | LMTL vs SOXL |
Top Performing LMTL Alternatives (YTD)
LMTL is at 8.57% YTD. There are 161 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 932.29%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long MRVL Daily ETF | 932.29% | 568.50M | Mar 2025 | LMTL vs MVLL | |
| Leverage Shares 2X Long ARM Daily ETF | 841.05% | 75.08M | Jan 2025 | LMTL vs ARMG | |
| Direxion Daily MU Bull 2X Shares | 798.37% | 3.44B | Oct 2024 | LMTL vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 774.91% | 1.11B | Nov 2024 | LMTL vs MULL | |
| GraniteShares 2x Long DELL Daily ETF | 758.72% | 101.08M | Feb 2025 | LMTL vs DLLL |
Lowest Volatility Alternatives to LMTL
LMTL has 48.78% 1-year volatility. There are 120 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.68%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.68% | 22.62M | Apr 2021 | LMTL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 5.56% | 19.26M | Apr 2021 | LMTL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.42% | 13.32M | Jul 2021 | LMTL vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | 9.99% | 22.12M | Jul 2021 | LMTL vs QTJL | |
| Innovator US Equity Accelerated ETF | 10.54% | 68.42M | Apr 2021 | LMTL vs XDSQ |
Lowest Drawdown Alternatives to LMTL
Among 236 ETFs in the Leveraged Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.42%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.42% | 22.62M | Apr 2021 | LMTL vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -1.69% | 19.26M | Apr 2021 | LMTL vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.32M | Jul 2021 | LMTL vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -6.68% | 22.12M | Jul 2021 | LMTL vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 68.42M | Apr 2021 | LMTL vs XDSQ |
Other ETFs from Direxion
The 10 most viewed Direxion ETFs shown here include SPXL, TMF, TECL and span 6 categories. AUM among these funds goes as high as $6B.
Often Compared With LMTL
Investors most often compare LMTL with LINT, UUUG, KORU. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare LMTL with Any Fund or Stock
Compare LMTL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair LMTL with funds that move differently
Direxion Daily LMT Bull 2X ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to LMTL.
Explore LMTL Diversifiers