Top Performing Leveraged/Inverse ETFs: 03/15/2026

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. HIMZ – Defiance Daily Target 2X Long HIMS ETF

HIMZ seeks to deliver 2x leveraged exposure to the daily share price movement of Hims & Hers Health Inc. topped the levered ETFs list last week, fueled by a renewed partnership with Novo Nordisk and several analyst price target upgrades. This dual catalyst of strategic collaboration and increased Wall Street confidence drove the stock’s significant rally.

2. GDXD – MicroSectors Gold Miners -3X Inverse Leveraged ETNs

GDXD aims to provide 300% daily inverse exposure to a market-cap weighted index comprised of two gold miners ETFs, ranked second on the list. Gold prices retreated last week as a surging U.S. dollar, rising Treasury yields, and profit-taking outweighed geopolitical risks. Stronger economic data fueled expectations for prolonged high interest rates, reducing the appeal of non-yielding gold and creating significant short-term downward pressure.

3. UCO – ProShares Ultra Bloomberg Crude Oil

UCO, which offers 2x daily leverage to an index that consists of crude oil futures contracts, was another best-performing fund on the list with ~19%+ weekly gains. Oil prices surged last week, briefly topping $100 per barrel as U.S.-Iran tensions ignited fears of a Strait of Hormuz closure. This geopolitical volatility, coupled with attacks on regional infrastructure, sparked market panic and a sharp rally in both WTI and Brent crude.

4. JDST – Direxion Daily Junior Gold Miners Index Bear 2X ETF

Direxion Daily Junior Gold Miners Index Bear 2X Shares or JDST, which seeks daily investment results of 200% of the inverse of the performance of the MVIS Global Junior Gold Miners Index, was another gold-focused top-performing inverse ETF, returning over 19% in the last week.

5. DUST – Direxion Daily Gold Miners Index Bear 2x ETF

DUST, which provides inverse levered exposure to Global Gold Miners, was another top inverse ETF returning over 16% last week amid a strong dollar.

6. 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, featured on the list with ~13%+ weekly gains. The U.S. travel sector tumbled last week as a partial government shutdown triggered airport staffing shortages and spring break delays. Rising safety concerns, geopolitical tensions, and a sharp decline in international visitors further dampened demand, creating a significant industry-wide drag.

7. ETHU – 2x Ether ETF

ETHU ETF, which aims to provide 2x the daily price movements of Ether, made it to the Levered/ Inverse ETFs’ list with over 12% weekly gains. ETH prices surged over the last week, amid heavy institutional ETF inflows and aggressive whale accumulation. This momentum was further amplified by a short squeeze and a broader market shift toward high-activity altcoins.

8. ETHT – ProShares Ultra Ether ETF

ETHT, which tracks 2x the daily price movements of an index that measures the price of Ether, also featured to the list with over 12% weekly returns fueled by institutional ETF inflows and whale accumulation.

9. ETU – T-Rex 2X Long Ether Daily Target ETF

ETU which aims to provide 2x leveraged exposure to the daily price movement of spot Ether (ETH) was another contender on the list with ~12% weekly gains.

10. FLYD – MicroSectors Travel -3x Inverse Leveraged ETN

FLYD, which tracks -3x the daily price movements of an index of US-listed travel-related companies, also ranked among the weekly list of inverse ETFs with ~11.8% returns, due to partial government shutdown, reduced international demand, and geopolitical tensions.

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