Top Performing Leveraged/Inverse ETFs: 05/31/2026

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. SMCX – Defiance Daily Target 2X Long SMCI ETF

SMCX seeks to deliver 2x leveraged exposure to the daily share price movement of Super Micro Computer, topped the list of top-performing levered ETFs. Super Micro Computer (NASDAQ: SMCI) shares saw an upward push recently, primarily fueled by blowout earnings and guidance, active cooperation on compliance, and sector-wide AI tailwinds.

2. HOOX – Defiance Daily Target 2X Long HOOD ETF

HOOX, which seeks to provide 2x leveraged exposure to the daily share price movement of Robinhood Markets, Inc. (Nasdaq: HOOD), ranked second on leveraged ETFs’ list with over 60% gains. Robinhood Markets shares surged last week due to market excitement surrounding the launch of new AI-powered Agentic Trading tools and a new Agentic Credit Card.

3. ROBN – T-Rex 2X Long HOOD Daily Target ETF

ROBN, which aims to provide 2x leveraged exposure to the daily price movement of Robinhood Markets Inc. stock, also made it to the list, with ~60% gains.

4. DJTU – T-REX 2X Long DJT Daily Target ETF

DJTU aims to provide 2x leveraged exposure to the daily price movement of Trump Media & Technology Group Corp. stock (NASDAQ: DJT). Trump Media & Technology Group shares gained primarily due to a mix of sentiment-driven retail trading, renewed visibility of Donald Trump’s social media activity, and the appointment of interim CEO Kevin McGurn.

5. 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 present on the levered ETFs’ list last week with ~27% returns. IonQ shares surged last week, driven by a broad industry rally sparked by a major U.S. government quantum funding announcement and growing investor anticipation surrounding the expected arrival of quantum advantage.

6. BULZ – MicroSectors Solactive FANG & Innovation 3X Leveraged ETN

The BULZ ETF was one of the best-performing levered ETFs with over 23% returns. The ETF focuses on top technology companies domiciled in the U.S. Tech stocks surged last week, primarily driven by booming demand for AI-driven hardware, stellar corporate earnings reports, and optimism surrounding de-escalating geopolitical tensions in the Middle East.

7. 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, was one of the levered ETFs with ~22% weekly gains. Riot Platforms is gaining momentum as it diversifies into AI and high-performance computing. Growth is driven by a new $400 million facility expansion at its Corsicana, Texas data center, paired with stellar Q1 2026 results from its new Data Center segment.

8. 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 ~22% weekly return. The cannabis industry saw a significant boost last week due to investor anticipation surrounding a pivotal DEA administrative hearing scheduled for late June.

9. FNGU – MicroSectors FANG+ 3 Leveraged ETNs

FNGU was also on the list of top-performing levered ETFs with ~21% weekly returns. FNGU offers exposure to five core technology companies – Facebook, Amazon, Apple, Netflix, and Alphabet Inc., as well as five other technology growth stocks, including Alibaba, Baidu, NVIDIA, Tesla, and Twitter. Technology stocks increased last week amid blockbuster earnings, specifically driven by AI demand, along with a pullback in Treasury yields and reduced geopolitical tensions.

10. 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, also made it to the Levered ETFs’ list, with over 20% weekly gains. AMD shares surged last week following a strong first-quarter earnings report and a massive forward revenue outlook driven by explosive demand for AI infrastructure.

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