Top Performing Leveraged/Inverse ETFs: 07/20/2025

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. ETHT – ProShares Ultra Ether ETF

ETHT, which tracks 2x the daily price movements of an index that measures the price of Ether, topped the list with over 37% weekly returns. Ether’s price climbed last week, driven by significant capital injections from major financial institutions and treasury companies. This surge reflects growing interest from Wall Street, with factors like record ETF inflows, whale accumulation, and increasing corporate adoption suggesting the current rally is more than a fleeting trend.

2. ETHU – 2x Ether ETF

ETHU ETF, which aims to provide 2x the daily price movements of Ether, was another Ether-focused ETF, ranking second on the Levered/ Inverse ETFs’ list with ~37% weekly gains.

3. 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, was one of the leveraged ETFs making the list with ~26% weekly gains. Alibaba’s stock climbed following news that Nvidia received clearance to sell AI chips in China and a reported increase in Alibaba’s stake by the GameStop CEO.

4. EVAV – Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares

EVAV, which tracks 2x the daily price movements of an index of US-listed electric and autonomous vehicle companies, was another contender on the list of top-performing levered ETFs amid substantial tariffs on Chinese graphite imports levied by the Commerce Department, potentially creating ripples throughout the electric vehicle industry. These tariffs are likely to raise prices for electric cars.

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), ranked fifth on the leveraged ETFs’ list with over 23% gains. Robinhood (HOOD) stock surged after the House passed the GENIUS Act, a bill designed to establish regulatory guidelines for the cryptocurrency market.

6. RIOX – Defiance Daily Target 2X Long RIOT ETF

RIOX aims to provide 2x long daily price performance of Riot Platforms, Inc., focusing on cryptocurrencies and cryptocurrency mining computers, also made it to the list with over 23% weekly gains. Riot Platforms significantly boosted its Bitcoin production, announcing 450 BTC mined in June 2025, up from 255 BTC in the same month last year.

7. 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 supported by broader momentum, as Rigetti Computing’s technical milestone uplifted the entire quantum computing industry.

8. CONL – GraniteShares 2x Long Coinbase Daily ETF

CONL ETF, which provides 2x leveraged exposure to the daily price movement for shares of Coinbase stock, featured on the list with over ~16% weekly returns. The crypto industry enjoyed multiple boosts driven by renewed optimism, clearer regulations, and increasing institutional investment, further boosted by the U.S. House passing a stablecoin regulatory bill now awaiting presidential signature.

9. TARK – AXS 2X Innovation ETF Fund

TARK, an actively managed fund-of-fund that seeks to achieve 2x the return, for a single day, of the ARK Innovation ETF (ARKK), was one of the best-performing levered ETFs with ~15% weekly gains.

10. CWEB – Direxion Daily CSI China Internet Index Bull 2x Shares

The Direxion Daily CSI China Internet Index Bull 2x Shares, which seeks daily investment results of 200% of the performance of the CSI Overseas China Internet Index, was another fund that made it to the list with ~13.7% returns last week. China’s exports and imports rose in June (year-over-year, in USD), further bolstered by Beijing’s move to de-escalate price wars within its food delivery sector.

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