Top Performing Leveraged/Inverse ETFs: 03/16/2025

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. FLYD – MicroSectors Travel -3x Inverse Leveraged ETN

FLYD, which tracks -3x the daily price movements of an index of US-listed travel-related companies, topped the weekly list of inverse ETFs with ~18% returns. Concerns over a potential economic slowdown, evidenced by declining consumer spending in January, have driven U.S. airline stocks to their lowest point since late 2024 as investors anticipate reduced travel demand.

2. ETHD – ProShares UltraShort Ether ETF

ETHD, which tracks -2x the daily price movements of an index that measures the price of Ethereum ETF, ranked second on the inverse ETFs list with ~16% weekly gains. Ethereum’s price is down due to economic uncertainty, trade war fears, large liquidations, and negative technicals.

3. NVDU – Direxion Daily NVDA Bull 2X Shares

NVDU, which provides 2x leveraged exposure to the daily price movement for shares of NVIDIA stock, was present on the Leveraged/ Inverse ETFs’ list with ~15% returns after an encouraging inflation report boosted Nasdaq with tech stocks, led by Nvidia and Tesla, rallying in the last week.

4. NVDL – GraniteShares 2x Long NVDA Daily ETF

NVDL, 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 14% returns last week.

5. GDXU – MicroSectors Gold Miners 3X Leveraged ETN

GDXU is a leveraged equity fund that provides 3x exposure to an index comprised of two of the largest gold miners’ ETFs, viz VanEck Gold Miners ETF (GDX) and VanEck Junior Gold Miners ETF (GDXJ), that invest in the global gold mining industry. GDXU returned ~14% last week. Falling 10-year Treasury yields, driven by economic concerns, are boosting gold’s appeal to investors.

6. AAPD – Direxion Daily AAPL Bear 1X Shares ETF

AAPD provides an inverse exposure to the daily price movement for shares of Apple stock, which was a contender on the inverse ETFs’ list, as Siri AI rollout delays and potential tariffs caused Apple stock to decline.

7. JETD – MAX Airlines -3X Inverse Leveraged ETNs

JETD, which tracks -3x the daily price movements of an index consisting of US-listed companies in the air transportation industry, ranked seventh on the list as economic slowdown fears and falling consumer spending have caused U.S. airline stocks to drop significantly.

8. JNUG – Direxion Daily Junior Gold Miners Index Bull 2x Shares

JNUG seeks daily investment results of 200% of the performance of the MVIS Global Junior Gold Miners Index. The index tracks the performance of foreign and domestic companies engaging in gold and silver mining. JNUG was another precious metals candidate on the top-performing levered/ inverse ETFs list, returning ~11% last week as gold ascended amid anticipation of escalating economic concerns.

9. KOLD – ProShares UltraShort Bloomberg Natural Gas

KOLD, which offers 2x daily inverse leveraged exposure to natural gas, topped the list of top-performing levered/ inverse ETFs, returning ~10% last week. The natural gas price in the US fell last week on warmer US weather forecasts.

10. SARK – Tradr 2X Short Innovation Daily ETF

SARK provides daily 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.

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