Top Performing Leveraged/Inverse ETFs: 05/11/2025

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. ETHU – 2x Ether ETF

ETHU ETF, which aims to provide 2x the daily price movements of Ether, topped the Levered/ Inverse ETFs’ list with ~55% weekly gains, driven by positive market sentiment following the announcement of new trade agreements between US with UK and China, and the Pectra upgrade, which improved the Ethereum network.

2. ETHT – ProShares Ultra Ether ETF

ETHT, which tracks 2x the daily price movements of an index that measures the price of Ether, ranked second on Levered/ Inverse ETFs’ list, with a 55% return in the last week.

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

The biotech fund, LABD, which offers inverse exposure to the US Biotechnology sector, registered weekly gains of 27% last week amid layoffs and restructurings, and concerns about the impact of tariffs and reduced research funding. The healthcare sector registered a fall of ~2% in the last five days.

4. 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 22% last week. Gold prices rose in the last week, driven by increased central bank gold reserves, growing fears of a U.S. recession, and rising geopolitical tensions.

5. EVAV – Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares

EVAV, which tracks 2x the daily price movements of an index of US-listed electric and autonomous vehicles companies was another contender on the list of top-performing levered ETFs as the electric vehicle sector is experiencing an uptick, fueled by the announcement of trade agreements between the USA with China and the UK, and buoyed by anticipation for the upcoming Tesla Model Y robotaxi launch.

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

JNUG, which seeks to return 200% of the daily performance of the MVIS Global Junior Gold Miners Index, ranked sixth on the list of top performing leveraged/inverse ETFs last week, returning over ~18%. The MVIS Global Junior Gold Miners Index tracks the performance of foreign and domestic companies involved in gold and silver mining. JNUG and other precious metals funds performed well, as gold prices rose due to ongoing economic uncertainty and market volatility.

7. BIS – ProShares UltraShort Nasdaq Biotechnology

BIS ETF, which offers 2x daily short leverage to the broad-based NASDAQ Biotechnology Index, was another Biotech ETF on the list with ~18% weekly gains.

8. 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, was on the top levered ETFs’ list with more than ~13% gains in the last week.

9. 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, featured on the list of leveraged ETFs with ~12% returns last week. Bitcoin’s price rose amid anticipation of US-China trade talks, which are expected to increase risk-on sentiment and boost stocks and cryptocurrencies.

10. BITU – ProShares Ultra Bitcoin ETF

BITU was another crypto fund on the list of leveraged ETFs last week with ~12% weekly gains.

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