Top Performing Levered/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 |
|---|---|---|
| (CWEB ) | Direxion Daily CSI China Internet Index Bull 2x Shares | 21.78% |
| (BERZ ) | MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN | 18.58% |
| (TECS ) | Direxion Daily Technology Bear 3X Shares | 17.02% |
| (YINN ) | Direxion Daily FTSE China Bull 3X Shares | 15.46% |
| (UVIX ) | 2x Long VIX Futures ETF | 14.33% |
| (UVIX ) | 2x Long VIX Futures ETF | 14.33% |
| (SQQQ ) | ProShares UltraPro Short QQQ | 14.18% |
| (NRGU ) | MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 13.45% |
| (SOXS ) | Direxion Daily Semiconductor Bear 3x Shares | 13.34% |
| (SDOW ) | ProShares UltraPro Short Dow30 | 13.01% |
1. CWEB – Direxion Daily CSI China Internet Index Bull 2x Shares
The Direxion Daily CSI China Internet Index Bull 2x Shares seeks daily investment results of 200% of the performance of the CSI Overseas China Internet Index, returned ~22% last week, and made it to the list, as markets reacted positively to Chinese economic incentives.
2. BERZ – MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN
The BERZ ETF, which provides daily -3x inverse exposure to an index of FANG and technology companies, was present on the top performing inverse ETFs list with ~18% weekly returns. Technology stocks toppled by more than 4% over the expectation of another Fed interest rate hike and prominent recession fears.
3. TECS – Direxion Daily Technology Bear 3X Shares
Another inverse technology ETF, TECS made it to the list gaining more than 17% last week. The technology sector fell as investors shun technology stocks in a rising rate and surging yield scenario. Technology stocks are sensitive to rising interest rates and are expected to fall in a rising rate environment.
4. YINN – Direxion Daily FTSE China Bull 3X Shares
YINN seeks daily investment results of 300% of the performance of the FTSE China 50 Index. It provides leveraged exposure to the Chinese large-cap sector and was one of the top levered ETFs last week supported by the economic stimulus to support growth and reduce the effects of the pandemic-induced lockdowns in the country.
5. UVIX – 2x Long VIX Futures ETF
UVIX which offers daily 2x leveraged exposure to short-term VIX futures was one of the top performing levered ETFs as VIX the CBOE volatility index gained to ~26 from 23.9 in the last week. Market volatility increased on rising oil prices and as concerns about rate hikes lingered during the week.
6. SQQQ – ProShares UltraPro Short QQQ
SQQQ ETF offers 3x daily short leverage to the NASDAQ-100 Index, which is heavily weighted on the technology and consumer sectors, made it to the list as both sectors posted declines of ~4% and ~3% respectively in the last week on the back of rising interest rates and inflation.
7. NRGU – MicroSectors U.S. Big Oil Index 3X Leveraged ETN
NRGU which tracks three times the performance of an index of US Oil & Gas companies topped the weekly list of top performing levered/ inverse ETFs returning ~13%. Energy was the best performing sector gaining 6%+ in the last five days. Oil gained on potential supply cut by OPEC+.
8. SOXS – Direxion Daily Semiconductor Bear 3x Shares
The SOXS ETF that inversely tracks the performance of the PHLX Semiconductor Index featured on the list of levered/ inverse ETFs. The semiconductor sector continues to face challenges from rising interest rates. The sector reported a decline of ~4% in the last week.
9. SDOW – ProShares UltraPro Short Dow30
SDOW ETF which offers 3x daily short leverage to the Dow Jones Industrial Average was one of the top performing ETFs as the industrial sector posted a decline of ~2% in the last five days.
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