Top Performing Leveraged/Inverse ETFs: 05/18/2025

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. SMCX – Defiance Daily Target 2X Long SMCI ETF

SMCX seeks to deliver 2x leveraged exposure to the daily share price movement of Super Micro Computer, Inc., which topped the top-performing levered ETFs’ list. SMCI shares rose this week due to easing US-China trade tensions, a $20 billion data-center deal with Saudi Arabia’s DataVolt, and the shipment of high-powered servers.

2. CONL – GraniteShares 2x Long COIN Daily ETF

CONL ETF provides 2x leveraged exposure to the daily price movement for shares of Coinbase stock, ranked second on the list with nearly ~68% weekly returns. Coinbase stock surged after the S&P announced its inclusion in the S&P 500 index, signaling a positive shift for crypto, especially under the Trump administration.

3. HIMZ – Defiance Daily Target 2X Long HIMS ETF

HIMZ seeks to deliver 2x leveraged exposure to the daily share price movement of Hims & Hers Health Inc. This telehealth platform connects consumers with licensed healthcare professionals for various health needs. Hims & Hers Health stock has been rising recently due to strong first-quarter results, including soaring sales and subscriber growth, and an improved outlook for the year.

4. TSLL – Direxion Daily TSLA Bull 2X Shares

TSLL, which provides 2x leveraged exposure to the daily price movement for shares of Tesla stock, featured on the list of top-performing levered ETFs with over 35% returns in the last week. Despite weak sales, Tesla shares have gained, likely due to CEO Elon Musk’s comments. Shares have surged since the company’s first-quarter earnings, leading to a high valuation.

5. 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 ~33% returns in the last week. Nvidia shares got a boost last week from a US-China tariff deal and news that it will supply AI chips to the Saudi Arabian AI company Humain. NVIDIA’s CEO also announced that their system will be open to other AI chipmakers.

6. 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 over 33% weekly gains.

7. 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 ~30% returns last week. Semiconductor stocks rallied, driven by eased AI chip regulations, strong performance of some companies, and optimism for sector growth. Additionally, US-China trade deals are boosting positive sentiment.

8. BULZ – MicroSectors Solactive FANG & Innovation 3X Leveraged ETN

The BULZ ETF was one of the best-performing levered ETFs with around ~28% returns. The ETF focuses on top technology companies domiciled in the U.S. Tech stocks gained amid easing U.S.-China trade tensions, optimism around AI growth, and a government report indicating a low inflation rate in April.

9. TARK – AXS 2X Innovation ETF Fund

TARK, an actively managed fund-of-fund that seeks to achieve 2x the return, for a single day, of the ARK Innovation ETF (ARKK), was one of the best-performing levered ETFs with ~28% weekly gains.

10. HIBL – Direxion Daily S&P 500 High Beta Bull 3X Shares

The HIBL ETF provides 3x daily leveraged exposure to a beta-weighted index of the 100 highest-beta stocks in the S&P 500. S&P 500 is buoyed by US-China trade deals, easing their potential economic impact.

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