Top Performing Leveraged/Inverse ETFs: 01/19/2025

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.

1. CONL – GraniteShares 2x Long Coinbase Daily ETF

CONL ETF which provides 2x leveraged exposure to the daily price movement for shares of Coinbase stock topped the list with over ~28% weekly returns. Bitcoin prices rose following the US Securities and Exchange Commission’s announcement of a task force to develop a regulatory framework for digital assets. This marked the first significant step by the Trump administration towards reforming crypto policy.

2. NAIL – Direxion Daily Homebuilders & Supplies Bull 3X Shares

The NAIL ETF focusing on the US housing segment ranked second among top-performing levered ETFs returning over ~26% amid lower Treasury yields. Investor optimism surged this week after better-than-expected inflation data fueled hopes for another Fed rate cut.

3. DPST – Direxion Daily Regional Banks Bull 3X Shares

DPST which provides 3x leveraged exposure to an index of US regional banking stocks was one of the top-performing levered ETFs after several banks released optimistic earnings reports.

4. BITU – ProShares Ultra Bitcoin ETF

BITU which tracks 2x the daily price movements of an index measuring the price of Bitcoin ranked among the leveraged ETFs last week. Cryptocurrencies experienced gains as the Trump rally garnered increased support.

5. BITX – 2X Bitcoin Strategy ETF

BITX, which seeks daily investment results, before fees and expenses, that correspond to two times the excess return of the S&P CME Bitcoin Futures Daily Roll Index, was another crypto-fund on the list of leveraged ETFs with ~21% returns last week driven by Trump’s crypto-enthusiasm.

6. OILU – MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN

OILU, which provides 3x daily leveraged exposure to a tier-weighted index of US firms involved in oil and gas exploration and production, made the list with over 19% weekly gains. Oil prices rose amid concerns over potential supply disruptions. These concerns stemmed from the return of Trump to power and the possibility of a halt to Houthi attacks on shipping following a Gaza ceasefire.

7. FAS – Direxion Daily Financial Bull 3X Shares

FAS ETF offers 3x daily long leverage to the Russell 1000 Financial Services Index. The Financials sector gained by ~6% and was the second best performing sector in the last five days, amid strong quarterly earnings.

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

YINN seeks daily investment results of 300% of the performance of the FTSE China 50 Index featured on the list, returning 18%+ in the last week. Investors were relieved from US President Donald Trump’s less-than-anticipated stringent initial tariff policies.

9. SOXL – Direxion Daily Semiconductor Bull 3x Shares

SOXL which offers 3x daily long leverage to the PHLX Semiconductor Index also made it to the list with over ~15% returns last week. Semiconductor stocks rallied buoyed by a broader surge in growth stocks. This followed a decline in Treasury yields after the latest consumer price index report revealed a slowdown in core inflation for December.

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

The Direxion Daily CSI China Internet Index Bull 2x Shares which seeks daily investment results of 200% of the performance of the CSI Overseas China Internet Index, was another China-focused fund that made it on the list with ~15.7% returns last week.

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