Top Performing Leveraged/Inverse ETFs: 02/23/2025

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. BABX – GraniteShares 2x Long BABA Daily ETF

BABX which provides 2x leveraged exposure to the daily price movement for shares of Alibaba Group Holding Limited stock topped the leveraged ETFs’ list with over ~31% weekly gains. Alibaba’s stock surged as the firm reported better-than-estimated quarterly results and plans to invest $52 billion in AI initiatives over the next three years.

2. SARK – Tradr 2X Short Innovation Daily ETF

SARK seeks to achieve -2x the return of the ARK Innovation ETF composed of companies engaging in disruptive innovation like artificial intelligence, DNA technologies, energy innovation, automation, etc. ranked second on the list. Innovation stocks fell amid declining consumer confidence and business investment as well as tariff concerns.

3. BOIL – ProShares Ultra Bloomberg Natural Gas

BOIL, the natural gas ETF ranked second on the top-performing leveraged ETFs’ list and gained ~23% in the last week. Frigid weather, record-breaking LNG exports, and production disruptions have boosted natural gas prices.

4. CARD – MAX Auto Industry -3x Inverse Leveraged ETN

CARD is an exchange-traded note that tracks -3x of the daily price movements of an index consisting of US-listed auto companies and featured on the list with ~21% weekly returns. Auto stocks declined due to concerns about the potential impact of a 25% tariff on Mexican imports on the auto industry.

5. WEBS – Direxion Daily Dow Jones Internet Bear 3X Shares

The WEBS ETF that tracks companies having a strong internet focus was present on the top performing levered/ inverse ETFs list last week. Tech stocks fell as investors worried about AI chip demand amid competition from cheaper alternatives and awaited Nvidia’s earnings report.

6. FNGD – MicroSectors FANG+™ Index -3X Inverse Leveraged ETN

FNGD ETF, which provides inverse exposure to the US big tech equity was also on the list of top inverse ETFs with ~15% weekly gains as the technology sector lost ~3% in the last five days.

7. BERZ – MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN

The BERZ ETF provides daily -3x inverse exposure to an index of FANG and technology companies also featured on the list of top-performing inverse ETFs with over ~13% weekly returns. Tech stocks declined due to worries about AI-related technology demand, the impact of tariffs, and upcoming Nvidia earnings, all against the backdrop of emerging low-cost AI models.

8. FLYD – MicroSectors Travel -3x Inverse Leveraged ETN

FLYD which tracks -3x the daily price movements of an index of US-listed travel-related companies made it to the weekly list of inverse ETFs with ~13% returns. Travel stocks fell amid weaker-than-expected consumer sentiment and inflation concerns.

9. TZA – Direxion Daily Small Cap Bear 3X Shares

The TZA, Direxion Daily Small Cap Bear 3X Shares which provides inverse leverage to the US small-cap equity market (Russell2000 Index) also made it to the list, gaining ~11.5% last week. U.S. markets declined, led by a widespread drop in technology stocks, disappointing consumer sentiment and home sales data.

10. SRTY – ProShares UltraPro Short Russell2000

ProShares UltraPro Short Russell2000, SRTY ETF which offers 3x daily short leverage to the Russell 2000 Index, also made it to the list this week.

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