Top Performing Levered/Inverse ETFs Last Week
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.
| Ticker | Name | 1 Week Return |
|---|---|---|
| (BABX ) | GraniteShares 2x Long BABA Daily ETF | 34.65% |
| (KBAB ) | KraneShares 2x Long BABA Daily ETF | 34.27% |
| (FBL ) | GraniteShares 2x Long META Daily ETF | 30.53% |
| (AVGX ) | Defiance Daily Target 2X Long AVGO ETF | 22.91% |
| (AVGU ) | GraniteShares 2x Long AVGO Daily ETF | 22.24% |
| (SNK) | GraniteShares 2x Short SpaceX Daily ETF | 21.12% |
| (DLLL ) | GraniteShares 2x Long DELL Daily ETF | 21.04% |
| (NVDX ) | T-Rex 2X Long NVIDIA Daily Target ETF | 17.09% |
| (NVDU ) | Direxion Daily NVDA Bull 2X ETF | 17.06% |
| (NVDL ) | GraniteShares 2x Long NVDA Daily ETF | 17.04% |
1. 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, topped the leveraged ETFs’ list with over 34% weekly gains. Alibaba stock surged last week due to a combination of positive earnings previews, accelerating AI revenue, a temporary U.S. legal reprieve, and active share buybacks.
2. KBAB – KraneShares 2x Long BABA Daily ETF
KBAB, which provides 2x leveraged exposure to the daily price movement of Alibaba Group Holding Limited stock, ranked second on the list with ~34% weekly gains.
3. FBL – GraniteShares 2x Long Meta Daily ETF
FBL provides 2x leveraged exposure to the daily price movement for shares of Meta Platforms and was one of the top leveraged ETFs with ~30.5% gains in the last week. Meta shares jumped, driven by a wave of positive AI news that eased investor concerns over the company’s massive infrastructure costs and its reliance on outside chipmakers.
4. AVGX – Defiance Daily Target 2X Long AVGO ETF
AVGX, which seeks to deliver 2x leveraged exposure to the daily share price movement of Broadcom Inc. stock (AVGO), was another contender on the top levered ETFs’ list with ~23% weekly gains. Broadcom stock increased last week following a major agreement with Apple to extend their chip supply partnership. The landmark multiyear deal is expected to exceed $30 billion and secures Broadcom’s role as a primary custom chip and hardware supplier through 2031.
5. AVGU – GraniteShares 2x Long AVGO Daily ETF
AVGU provides 2x leveraged exposure to the daily price movement for shares of Broadcom, and was another contender on the list with ~22% gains in the last week.
6. SNK – GraniteShares 2x Short SpaceX Daily ETF
SNK provides 2x inverse leveraged exposure to daily price movement for shares of Space Exploration Technologies Corp, (NASDAQ: SPCX) stock. The stock experienced a down trend due to a combination of heavy profit-taking, impending insider lock-up expirations, and a broader technology sector sell-off.
7. DLLL – GraniteShares 2x Long DELL Daily ETF
DLLL, which provides 2x leveraged exposure to the daily price movement for shares of Dell Technologies Inc. stock, also made it to the list. Dell Technologies stock increased as the market continued to reprice its stock based on record-breaking AI server demand and highly optimistic forward guidance. Additionally, investor enthusiasm was bolstered by government endorsements and bullish Wall Street price target updates.
8. NVDX – T-Rex 2X Long NVIDIA Daily Target ETF
NVDX aims to provide 2x leveraged exposure to the daily price movement of NVIDIA Corporation stock featured on the list with ~17% returns in the last week. Shares of this tech giant gained, following positive analyst reassurances regarding its long-term competitive edge in AI hardware and a sector-wide boost from a massive Apple-Broadcom chip deal.
9. NVDU – Direxion Daily NVDA Bull 2X Shares
NVDU, which provides 2x leveraged exposure, less fees and expenses, to the daily price movement for shares of NVIDIA stock, was another Nvidia-focused fund on the list with ~17% returns in the last week.
10. NVDL – GraniteShares 2x Long NVDA Daily ETF
NVDL, which provides 2x leveraged exposure to the daily price movement for shares of NVIDIA stock, also featured on the Leveraged/ Inverse ETFs’ list with ~17% weekly returns.
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