---
title: Retail investors have bought over $5 billion of leveraged equity ETFs in the last 12 months, the most since 2022.
description: "This marks a $3 billion increase on a 1-month rolling sum basis in just a few months. Since the October 2023 low, retail investors have been piling into leveraged ETFs.\nHowever, a similar pattern was seen in 2021 and early 2022 after which retail experienced significant losses. The average retail investor portfolio drawdown from the 2022 peak was 35% and took 1.5 years to recover.\nRetail risk appetite is near record highs.\nSource: FT, The Kobeissi Letter"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [Retail investors have bought over $5 billion of leveraged equity ETFs in the last 12 months, the most since 2022.](https://blog.syzgroup.com/syz-the-moment/retail-investors-have-bought-over-5-billion-of-leveraged-equity-etfs-in-the-last-12-months-the-most-since-2022)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | May 10, 2024, 3:17:18 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/retail-investors-have-bought-over-5-billion-of-leveraged-equity-etfs-in-the-last-12-months-the-most-since-2022)

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