Top Performing Leveraged/Inverse ETFs: 02/09/2025

1. ETHD – ProShares UltraShort Ether ETF

ETHD which tracks -2x the daily price movements of an index that measures the price of Ethereum ETF topped the inverse ETFs list with ~49% weekly gains. Cryptocurrency values fell last week after better-than-expected jobs data drove up bond yields. This and worries about Donald Trump’s tariff plans strengthened the US dollar, putting pressure on Bitcoin and other risky assets.

2. SETH – ProShares Short Ether ETF

SETH which tracks the inverse daily price movements of its underlying index ranked second on the list. Ether experienced a sharper decline than Bitcoin this week, extending its underperformance amid concerns of President-elect Donald Trump’s tariff plans negatively impacting cryptocurrencies.

3.TSLQ – Tradr 2X Short TSLA Daily ETF

TSLQ provides inverse exposure to the daily price movement for shares of Tesla stock, ranked third on the list of inverse ETFs with nearly ~23% weekly returns. Tesla’s stock price dropped driven by growing negative consumer sentiment toward CEO Elon Musk, which raised concerns about potential sales declines. Uncertainty around the new Trump administration’s EV incentives may further dampen US demand, adding to Tesla’s existing overseas sales slump.

4.NVDL – GraniteShares 2x Long NVDA Daily ETF

NVDL which provides 2x leveraged exposure to the daily price movement for shares of NVIDIA stock featured on the Leveraged/ Inverse ETFs’ list with over 16% returns last week. AI chip stocks rose as major cloud providers reaffirmed their large data center spending plans. This positive news countered the prior week’s concerns about potential spending cuts following the announcement of China’s DeepSeek low-cost AI system.

5. NVDU – Direxion Daily NVDA Bull 2X Shares

NVDU, which provides 2x leveraged exposure to the daily price movement for shares of NVIDIA stock, was another Nvidia-focused fund on the Leveraged/ Inverse ETFs’ list with ~16% returns in the last week.

6. BOIL – ProShares Ultra Bloomberg Natural Gas

BOIL, the natural gas ETF ranked among the top-performing leveraged ETFs and gained more than ~15% in the last week. US natural gas prices are rising as a result of cold weather conditions.

7. 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 was one of the contenders on the list with over ~15% returns last week as gold prices surged amid rising uncertainties around the global economy especially increasing US-China trade tensions.

8. SBIT – ProShares UltraShort Bitcoin ETF

SBIT which tracks -2x the daily price movements of an index that measures the price of Bitcoin was another crypto-focused fund on the list with a weekly gain of ~12%.

9. TSLS – Direxion Daily TSLA Bear 1X Shares

Another Tesla-focused inverse fund, TSLS which provides inverse exposure to the daily price movement for shares of Tesla stock, featured on the list with over 11% weekly gains.

10. 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 over ~10% last week as gold ascended amid anticipation of escalating trade tensions globally.

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