ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Energy Infrastructure
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Free Cash Flow
    • Gold/Silver/Critical Minerals
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Modern Alpha
    • Night Effect
    • Portfolio Strategies
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
    • 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
    • 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 VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Leveraged & Inverse ETF Channel
  2. Top Performing Leveraged/Inverse ETFs: 02/26/2023
Leveraged & Inverse ETF Channel
Share

Top Performing Leveraged/Inverse ETFs: 02/26/2023

Sneha ShahFeb 28, 2023
2023-02-28

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
(LABD B)Direxion Daily S&P Biotech Bear 3x Shares19.32%
(YANG A-)Direxion Daily FTSE China Bear 3X Shares17.91%
(BOIL B)ProShares Ultra Bloomberg Natural Gas16.41%
(GDXD )MicroSectors Gold Miners -3X Inverse Leveraged ETNs16.14%
(WEBS B-)Direxion Daily Dow Jones Internet Bear 3X Shares13.91%
(FLYD )MicroSectors Travel -3x Inverse Leveraged ETN12.32%
(HIBS B-)Direxion Daily S&P 500 High Beta Bear 3X Shares12.22%
(DRV B-)Direxion Daily Real Estate Bear 3X Shares12.09%
(FXP B+)ProShares UltraShort FTSE China 5011.48%
(NKEQ )AXS 2X NKE Bear Daily ETF11.08%

1. LABD – Direxion Daily S&P Biotech Bear 3x Shares

LABD, which offers inverse exposure to the US Biotechnology sector, topped the list of the top performing inverse ETFs and gained by ~19% last week on concerns about future interest rate hikes and high inflation. The overall biotech sector declined by ~2% in the last five days.

2. YANG – Direxion Daily FTSE China Bear 3X Shares

YANG, which offers 3x daily short leverage to the FTSE China 50 Index, was present on the top performing levered/ inverse ETF returning more than 17% last week, as Chinese equities declined amid increasing US-China military tension, rising U.S. interest rates, and not so encouraging economic indicators.

3. BOIL – ProShares Ultra Bloomberg Natural Gas

BOIL, the natural gas ETF featured on the list of top performing levered ETFs and gained more than ~16% in the last week. Natural gas prices rose on increasing LNG exports and forecasts of colder weather conditions.

4. GDXD – MicroSectors Gold Miners -3X Inverse Leveraged ETNs

GDXD, which offers inverse levered exposure to Global Gold Miners, was one of the top inverse ETFs gaining ~16% last week. Gold prices inched lower on a strong U.S. dollar, rising Treasury yields, and the expectation of future interest rate hikes by the Fed.

5. WEBS – Direxion Daily Dow Jones Internet Bear 3X Shares

The WEBS ETF that inversely tracks companies with a solid internet focus was one of the top-performing levered/ inverse ETFs driven by higher benchmark U.S. treasury yield and a rising interest rate environment. The overall IT sector fell by ~2% in the last week and internet software & services registered a fall of 0.35%.

6. FLYD – MicroSectors Travel -3x Inverse Leveraged ETN

FLYD which tracks -3x the daily price movements of an index of US-listed travel-related companies made it to the weekly list of inverse ETFs with over ~12% returns. Travel stocks fell amid stubborn inflation fears and as the Federal Reserve continued its stance on rising interest rates.

7. HIBS – Direxion Daily S&P 500 High Beta Bear 3X Shares

HIBS which provides inverse exposure to the U.S. large cap stocks, was present on the top performing levered/ inverse ETFs list this week. Inverse ETFs gained as US stocks fell over a hot inflation report last week. Nine out of 11 S&P sectors ended the week in the red.

8. DRV – Direxion Daily Real Estate Bear 3X Shares

The DRV ETF, which offers -3x daily leverage to an index comprised of U.S. REITs, was one of the top-performing inverse ETFs returning more than 12% last week. Real estate was the second worst-performing sector falling by ~3.6% amid expectations of higher rates and a stronger-than-expected increase in prices last month.

9. FXP – ProShares UltraShort FTSE China 50

FXP which offers inverse exposure to China’s large cap stocks was another China-focused ETF that gained more than 11% in the last week.

10. NKEQ – AXS 2X NKE Bear Daily ETF

NKEQ which provides inverse exposure to the daily price movement for shares of Nike stock featured on the inverse ETFs list with ~11% weekly gains. The stock plunged last week amid higher inventory build-up and lower consumer spending.

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