Top Performing Leveraged/Inverse ETFs Last Week
These were last week’s top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework.
This week’s big winner was the MicroSectors U.S. Big Oil Index 3X Leveraged ETN (NRGU) with a whopping 61.5% return. Oil and gas also dominated the week as temperatures dip. We additionally see a pair of banking funds making waves this week: the Direxion Daily Regional Banks Bull 3X Shares (DPST ) boasted 39.6% gains and the MicroSectors U.S. Big Banks Index 3x Leveraged ETN (BNKU) added 32.5%.
An interesting outlier for the week was the ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB). It’s a quirky little small cap with just $25 million in assets that tracks twice the monthly returns of a dividends selected, liquidity weighted index. SMHB is a B-series replacement for the ETRACS Monthly Pay 2xLeveraged U.S. Small Cap High Dividend ETN (SMHD ), which closed earlier this year but was still trading with closed creations when SMHB launched.
|Ticker||Name||1 Week Return|
|(NRGU)||MicroSectors U.S. Big Oil Index 3X Leveraged ETN||61.46%|
|(GUSH )||Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares||41.15%|
|(NRGO)||MicroSectors U.S. Big Oil Index 2X Leveraged ETN||40.88%|
|(DPST )||Direxion Daily Regional Banks Bull 3X Shares||39.59%|
|(ERX )||Direxion Daily Energy Bull 2X Shares||35.05%|
|(DIG )||ProShares Ultra Oil & Gas||32.99%|
|(DFEN)||Direxion Daily Aerospace & Defense Bull 3X Shares||32.65%|
|(BNKU)||MicroSectors U.S. Big Banks Index 3x Leveraged ETN||32.54%|
|(HIBL)||Direxion Daily S&P 500 High Beta Bull 3X Shares||32.37%|
|(SMHB)||ETRACS 2xMonthly Pay Leveraged US Small Cap High Dividend ETN Series B||25.48%|