Top Performing Leveraged/Inverse ETFs: 04/26/2026

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. AMDL – GraniteShares 2x Long AMD Daily ETF

AMDL, which provides 2x leveraged exposure to the daily price movement for shares of Advanced Micro Devices stock, topped the Levered ETFs’ list, with over 52% weekly gains. AMD shares surged last week, driven by strong Intel earnings signaling robust data center CPU demand, analyst upgrades, and rising optimism for its AI chip pipeline, including the MI450. The surge was further supported by AI-driven growth expectations.

2. SOXL – Direxion Daily Semiconductor Bull 3x ETF

SOXL, which offers 3x daily long leverage to the PHLX Semiconductor Index, ranked second on the list with ~35.5% returns last week. The semiconductor stocks continued to gain, fueled by exceptionally strong Q1 earnings reports, positive revenue forecasts (particularly from Intel), and relentless demand for AI infrastructure.

3. 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 ~21% weekly return. The cannabis industry saw a significant boost last week due to the Justice Department’s formal move to reclassify marijuana from a Schedule I to a less restrictive Schedule III drug. This regulatory shift, which signals a major shift toward acknowledging the medical benefits of cannabis, boosted investor confidence and promises potential tax relief for companies.

4. 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 ~19.6% returns, due to geopolitical conflicts in the Middle East disrupting flights, coupled with rising fuel costs, and weak travel demand warnings from major carriers.

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

GDXD, which aims to provide 300% daily inverse exposure to a market-cap weighted index comprising two gold miners ETFs, also made it to the list, due to a combination of rising oil prices sparking inflation fears, a stronger U.S. dollar, and profit-taking by investors following a massive rally.

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, also featured on the list with ~16.8% weekly gains. Travel companies are facing mounting pressure from flight cancellations and rerouting expenses, with significant drops in air travel and tourism demand.

7. NRGU – MicroSectors U.S. Big Oil 3 Leveraged ETN

NRGU, which tracks three times the performance of an index of US Oil & Gas companies, also featured on the levered weekly list, returning ~16%. Oil prices increased last week due to intensified supply fears stemming from stalled US-Iran peace talks and ongoing disruptions in the Strait of Hormuz.

8. 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 ~14.5% weekly gains.

9. ZSL – ProShares UltraShort Silver

ProShares UltraShort Silver, ZSL, which offers -2x daily leverage to silver prices, was one of the best-performing inverse ETFs last week. Silver prices retreated last week as a stronger dollar, rising Treasury yields, and oil prices, as well as profit-taking, outweighed gains.

10. 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 13% in the last week.

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