
Top Performing Leveraged/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.
Ticker | Name | 1 Week Return |
---|---|---|
(CONL ) | GraniteShares 2x Long COIN Daily ETF | 56.51% |
(HIMZ) | Defiance Daily Target 2X Long HIMS ETF | 32.36% |
(TARK ) | AXS 2X Innovation ETF Fund | 17.94% |
(SMCX) | Defiance Daily Target 2X Long SMCI ETF | 17.63% |
(HOOX) | Defiance Daily Target 2X Long HOOD ETF | 15.98% |
(BOIL ) | ProShares Ultra Bloomberg Natural Gas | 15.22% |
(GDXD ) | MicroSectors Gold Miners -3X Inverse Leveraged ETNs | 13.14% |
(IONX) | Defiance Daily Target 2X Long IONQ ETF | 12.64% |
(JDST ) | Direxion Daily Junior Gold Miners Index Bear 2X Shares | 11.92% |
(KORU ) | Direxion MSCI Daily South Korea Bull 3X Shares | 9.07% |
1. CONL – GraniteShares 2x Long COIN Daily ETF
The CONL ETF provides 2x leveraged exposure to the daily price movement of Coinbase stock, topped the list with ~56% weekly returns. Coinbase stock surged after the Senate passed the GENIUS Act, a bill that aims to create a federal regulatory framework for stablecoins tied to the U.S. dollar.
2. 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. The stock surge occurred immediately after the company’s recent Annual Meeting of Stockholders, where key proposals, including the election of directors and executive compensation, were approved.
3. TARK – AXS 2X Innovation ETF Fund
TARK is an actively managed fund-of-fund that seeks to achieve 2x the return, for a single day, of the ARK Innovation ETF (ARKK) and is one of the best-performing levered ETFs with ~18% weekly gains as hopes for de-escalation in the Middle East sent oil prices tumbling.
4. 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., and was one of the contenders on top-performing levered ETFs’ list with over 17% increase in the last week. SMCI shares surged, buoyed by Broadcom’s strong quarterly results driven by robust artificial intelligence demand.
5. HOOX – Defiance Daily Target 2X Long HOOD ETF
HOOX seeks to provide 2x leveraged exposure to the daily share price movement of Robinhood Markets, Inc. (NASDAQ: HOOD) was another leveraged ETF on this week’s list with ~16% gains. Robinhood shares surged, driven by speculation around HOOD joining the S&P 500 index.
6. BOIL – ProShares Ultra Bloomberg Natural Gas
BOIL, the natural gas ETF, featured on the top-performing leveraged ETFs list and gained more than ~15% in the last week. Natural gas prices are climbing due to growing uncertainty from trade tensions, escalating geopolitical conflicts, and economic challenges.
7. GDXD – MicroSectors Gold Miners -3X Inverse Leveraged ETNs
GDXD, which offers inverse leveraged exposure to Global Gold Miners, was another top-performing levered/ inverse ETF, returning ~13% last week. Gold prices were flat, as investors awaited the US Federal Reserve’s decision on interest rates. The precious metal stayed in a narrow range due to ongoing global geopolitical tensions and mixed economic signals from the US.
8. IONX – Defiance Daily Target 2X Long IONQ ETF
The Defiance Daily Target 2X Long IONQ ETF, which seeks daily leveraged investment results of two times the daily percentage change in the share price of IonQ Inc., was one of the levered ETFs this week amid growing trader optimism regarding advancements in U.S.-China trade discussions.
9. JDST – Direxion Daily Junior Gold Miners Index Bear 2X Shares
Direxion Daily Junior Gold Miners Index Bear 2X Shares or JDST, which seeks daily investment results of 200% of the inverse of the performance of the MVIS Global Junior Gold Miners Index, was another gold-focused top-performing inverse ETF, returning ~12% in the last week.
10. KORU – Direxion MSCI Daily South Korea Bull 3X Shares
KORU provides 300% daily leveraged exposure to an index of large- and mid-cap South Korean companies, featured on the list of top-performing leveraged ETFs last week. Post-election optimism fueled a sharp rally in South Korea’s benchmark index, sparking hopes of a market renaissance.
For more news, information, and analysis, visit the Leveraged & Inverse Channel.