Top Performing Leveraged/Inverse ETFs: 08/24/2025

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. CEFZ – RiverNorth Active Income ETF

CEFZ, which invests in various global assets to generate long-term growth and income, again tops the list for the third consecutive week with gains of ~56%. Since converting from a mutual fund, the CEFZ ETF has continued to gain, demonstrating a shift in how investment products are structured.

2. 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, ranked second on the list with over 32% weekly gains. Following broader market optimism and a continued strong interest in cryptocurrency, Riot Platforms gained. Additionally, President Trump’s strong support for cryptocurrency extended to Bitcoin mining firms.

3. ETHT – ProShares Ultra Ether ETF

ETHT, which tracks 2x the daily price movements of an index that measures the price of Ether, ranked third on the list with ~19% weekly returns. Ether reached a new all-time high last week, surpassing $4,900 for the first time and entering a period of price discovery. This surge comes as analysts note weakening momentum for Bitcoin and growing demand for Ether, which is reflected in shrinking exchange reserves.

4. ETHU – 2x Ether ETF

ETHU ETF, which aims to provide 2x the daily price movements of Ether, was another Ether-focused ETF on the Levered/ Inverse ETFs’ list with over 18% weekly gains.

5. MSOX – AdvisorShares MSOS Daily Leveraged ETF

MSOX, which seeks to achieve 2x the total daily return of the AdvisorShares Pure US Cannabis ETF (MSOS) through swap agreements, featured on the list with a ~18% weekly return. Cannabis prices increased, driven by optimism surrounding potential regulatory changes in the US.

6. DPST – Direxion Daily Regional Banks Bull 3X Shares

DPST, which provides 3x leveraged exposure to an index of US regional banking stocks, was one of the top-performing levered ETFs on the Fed’s dovish pivot. A Fed dovish pivot creates a supportive environment for the US financial sector by boosting market confidence and making credit cheaper.

7. KOLD – ProShares UltraShort Bloomberg Natural Gas

KOLD, which offers 2x daily inverse leveraged exposure to natural gas, was one of the contenders on the list of top performing levered/ inverse ETFs returning over 13% last week. Natural gas prices ended lower, as forecasts predict cooler temperatures for the end of August.

8. CHAU – Direxion Daily CSI 300 China A Share Bull 2x Shares

CHAU provides daily 2x leveraged exposure to an index of the 300 largest and most liquid Chinese shares traded on the Chinese exchanges, also made it to the list, with over 11% weekly gains, amid a tech stock rally. Also, if the Fed cut interest rates, it could trigger a capital rotation from the U.S. to China, leading to potential investment inflows.

9. 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, was another energy-focused fund on the weekly list, returning ~11%. Oil prices gained amid potential ceasefire negotiations between Russia and Ukraine, as well as a US crude stocks drawdown.

10. FLYU – MicroSectors Travel 3x Leveraged ETN

FLYU tracks 3x of the daily price movements of an index of US-listed travel-related companies, and was a contender on the list of leveraged ETFs last week. Travel industry stocks rose, following Federal Reserve Chair Jerome Powell’s signaling of potential rate cuts. The prospect of lower borrowing costs boosted optimism that consumers would be more likely to increase their discretionary spending, benefiting travel-related companies.

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