Top Performing Leveraged/Inverse ETFs: 03/02/2025

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

CARD, an exchange-traded note that tracks -3x of the daily price movements of an index consisting of US-listed auto companies, topped the list with ~27% weekly returns. The auto industry suffered a fall as President Donald Trump’s plan for 25% auto import tariffs from Canada and Mexico could destabilize North American supply chains, inflate car costs, and damage the economy.

2. SARK – Tradr 2X Short Innovation Daily ETF

SARK provides daily an inverse exposure to the ARK Innovation ETF, which is composed of companies engaged in disruptive innovation, such as artificial intelligence, DNA technologies, energy innovation, automation, etc. Technology stocks plummeted amid growing economic anxieties and policy impact uncertainties from the White House.

3. 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 ~21% weekly returns amid growing concerns around the US economy and potential impacts from ~25% tariffs against Canada and Mexico as well as higher rates charged on Chinese imports.

4. 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 with ~19% weekly returns, fueled by concerns over slowing growth.

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

FNGD ETF, which provides inverse exposure to the US big tech equity, was on the list of top inverse ETFs as the technology sector lost ~4.7% in the last five days, led by declines in big-name technology stocks.

6. BOIL – ProShares Ultra Bloomberg Natural Gas

BOIL, the natural gas ETF, ranked sixth on the top-performing leveraged ETFs list and gained more than ~14% in the last week. US natural gas prices are rising as tariffs on Canadian imports are increasing wholesale gasoline prices in the US Northeast. Price hikes are also expected to follow in the Midwest and Gulf Coast.

7. 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 as US airline stocks fell sharply due to economic worries and new trade tariffs. United Airlines, which has the largest exposure to China of the U.S. airlines, fell the most.

8. 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. The US Stock Futures declined amidst heightened trade and economic uncertainty.

9. 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.

10. UVIX – 2x Long VIX Futures ETF

UVIX, which offers daily 2x leveraged exposure to short-term VIX futures, ranked last on the list of leveraged ETFs driven by worries of heightened market volatility following Trump’s trade policies and uncertainty around the potential trade and economic impact of his policy approach. VIX, the CBOE Volatility index, has increased to ~23.5 from ~19 in the prior week.

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