ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Free Cash Flow
    • Future ETFs
    • Global Diversification
    • Gold/Silver/Critical Minerals
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Megatrends
    • Modern Alpha
    • Multi-Asset
    • Night Effect
    • Portfolio Strategies
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
    • Thematic Investing
    • Volatility Resource
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • Company
    • About Us
    • Swag Store
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Leveraged & Inverse ETF Channel
  2. Top Performing Leveraged/Inverse ETFs: 01/08/2023
Leveraged & Inverse ETF Channel
Share

Top Performing Leveraged/Inverse ETFs: 01/08/2023

Sneha ShahJan 10, 2023
2023-01-10

Top Performing Levered/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.

TickerName1 Week Return
(KOLD C+)ProShares UltraShort Bloomberg Natural Gas32.80%
(YINN B)Direxion Daily FTSE China Bull 3X Shares31.92%
(GDXU B-)MicroSectors Gold Miners 3X Leveraged ETN30.48%
(CWEB C)Direxion Daily CSI China Internet Index Bull 2x Shares29.66%
(MEXX C+)Direxion Daily MSCI Mexico Bull 3X Shares27.32%
(FLYU )MicroSectors Travel 3x Leveraged ETN23.63%
(JNUG B-)Direxion Daily Junior Gold Miners Index Bull 2x Shares21.84%
(XPP C)ProShares Ultra FTSE China 5020.85%
(NUGT B-)Direxion Daily Gold Miners Index Bull 2x Shares20.02%
(EDC B)Direxion Daily MSCI Emerging Markets Bull 3x Shares18.14%

1. KOLD – ProShares UltraShort Bloomberg Natural Gas

KOLD, which offers 2x daily inverse leveraged exposure to natural gas, topped the list of top performing levered/ inverse ETFs returning ~32% last week driven by warmer winter weather.

2. YINN – Direxion Daily FTSE China Bull 3X Shares

YINN seeks daily investment results of 300% of the performance of the FTSE China 50 Index. It provides leveraged exposure to the Chinese large-cap sector and ranked second on the list of top-levered ETFs supported by optimism around China re-opening.

3. GDXU – MicroSectors Gold Miners 3X Leveraged ETN

GDXU is a leveraged equity fund that provides 3x exposure to an index comprised of two of the largest gold miners’ ETFs, viz VanEck Gold Miners ETF (GDX) and VanEck Junior Gold Miners ETF (GDXJ), that invest in the global gold mining industry. GDXU returned over 30% last week as gold rose on a lower U.S. dollar and expectations about a slower pace of rate hikes.

4. CWEB – Direxion Daily CSI China Internet Index Bull 2x Shares

The Direxion Daily CSI China Internet Index Bull 2x Shares seeks daily investment results of 200% of the performance of the CSI Overseas China Internet Index featured fourth on the list with over ~29% returns last week after China reopened its borders.

5. MEXX – Direxion Daily MSCI Mexico Bull 3X Shares

The MEXX ETF made it on the list supported by China’s reopening and strong job growth and unemployment data in the U.S., which should boost exports. The ETF returned ~27% in the last week.

6. FLYU – MicroSectors Travel 3x Leveraged ETN

FLYU tracks 3x the daily price movements of an index of US-listed travel-related companies and made it to the list buoyed by an expected robust travel demand and strong outlook for the global economy after China reopening and expectations of a soft landing in the U.S.

7. JNUG – Direxion Daily Junior Gold Miners Index Bull 2x Shares

JNUG seeks daily investment results of 200% of the performance of the MVIS Global Junior Gold Miners Index. The index tracks the performance of foreign and domestic companies engaging in gold and silver mining. JNUG was another precious metals candidate on the top-performing levered/ inverse ETFs list returning ~21% last week.

8. XPP – ProShares Ultra FTSE China 50

Another China-focused ETF, XPP that offers 2x daily long leverage to the FTSE/Xinhua China 25 Index, ranked among the top levered ETFs. The ETF gained more than 20% in the last week, driven by positive investor sentiment after the country’s borders reopened nearly after three years.

9. NUGT – Direxion Daily Gold Miners Index Bull 2x Shares

Another gold ETF, NUGT, seeking daily investment results of 200% of the performance of the NYSE Arca Gold Miners Index, ranked among the top levered ETFs this week. The ETF gained more than 20% in the last week.

10. EDC – Direxion Daily MSCI Emerging Markets Bull 3x Shares

The EDC ETF, which offers 3x daily long leverage to the broad-based MSCI Emerging Markets Index, made it to the list as markets rallied after China reopened its borders bolstering the outlook for the global economy, a lower US dollar, and hopes of a slower pace of rate hikes by the Federal Reserve.

For more news, information, and analysis, visit the Leveraged & Inverse Channel.


Content continues below advertisement

Loading Articles...
Help & Info
  • Contact Us
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.
Follow ETF Database
Follow ETF Database

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X