Top Performing Leveraged/Inverse ETFs: 09/28/2025

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. ETHD – ProShares UltraShort Ether ETF

ETHD, which tracks -2x the daily price movements of an index that measures the price of Ethereum ETF topped the ETFs’ list with over 18% weekly gains. Cryptocurrency prices, including Bitcoin, Ether, and Solana, fell last week as traders awaited new economic data from the Federal Reserve. This decline followed a recent flash crash and coincides with weakening retail investor interest, highlighted by Ether’s 10% drop over the past week.

2. WTIU – MicroSectors Energy 3X Leveraged ETNs

WTIU, an exchange-traded note that tracks 3x of the daily price movements of an index of US-listed energy and oil companies, ranked second on the top-performing leveraged list last week. Oil prices climbed, given the ongoing geopolitical tensions in the Middle East and the Russia-Ukraine conflict, as well as US crude inventory declines and lower rates.

3. NRGU – MicroSectors U.S. Big Oil Index 3 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 over 17%. A combination of ongoing geopolitical tensions in the Middle East and Ukraine, falling US crude inventories, and lower interest rates has caused oil prices to climb.

4. OILU – MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN

OILU, which provides 3x daily leveraged exposure to a tier-weighted index of US firms involved in oil and gas exploration and production, also made the list with over 15% weekly gains.

5. AGQ – Proshares Ultra Silver

AGQ ETF, which offers 2x daily long leverage to the Silver bullion, returned ~14.5% last week. Silver prices have surged to record highs, primarily fueled by a weakening dollar and the US Federal Reserve interest rate cut, along with geopolitical tensions.

6. GUSH – Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

GUSH, another oil & gas exploration and production ETF featured on the list of top-performing levered ETFs and returned over 12% last week.

7. SBIT – ProShares UltraShort Bitcoin ETF

SBIT, which tracks -2x the daily price movements of an index that measures the price of Bitcoin, was a crypto-focused fund on the list with a weekly gain of ~10.9%. Bitcoin fell following a severe selloff in the cryptocurrency market driven by a combination of a strengthening U.S. dollar, regulatory uncertainty, and a cascade of over $1.5 billion in long position liquidations, which together wiped out approximately $160 billion from the total market value.

8. 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 ~10% weekly gains. The stock market is immediately rewarding companies for AI investments, as seen in the last week of September, when Alibaba’s shares jumped 10% after it announced plans to increase its AI spending beyond its initial $50 billion target.

9. 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 ~10% last week. US Federal Reserve rate cuts and a declining dollar, compounded by ongoing geopolitical conflicts and trade disputes, are driving a significant rally in precious metals.

10. ERX – Direxion Daily Energy Bull 2X Shares

Direxion Daily Energy Bull 2X Shares was another energy ETF on the list with over 9% returns in the last week.

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