1. BOIL – ProShares Ultra Bloomberg Natural Gas
BOIL, the natural gas ETF, topped the top-performing leveraged ETFs list and gained more than 43% in the last week. Energy prices surged to multi-year highs as updated forecasts predicted an intense cold snap across the U.S. This shift triggered a massive spike in projected heating demand, tightening supplies and sending the market into a rally.
2. GDXD – MicroSectors Gold Miners -3X Inverse Leveraged ETNs
GDXD is a note that provides 300% daily inverse leveraged exposure to a market-cap weighted index comprised of two gold miners ETFs. Gold prices plunged after President Trump nominated Kevin Warsh as the next Fed Chair, a move that signaled a more hawkish stance on inflation than markets expected. This nomination sparked a sharp rally in the U.S. Dollar, triggering widespread forced selling and profit-taking on precious metals.
3. JDST – Direxion Daily Junior Gold Miners Index Bear 2X Shares
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 28% in the last week.
4. DUST – Direxion Daily Gold Miners Index Bear 2x Shares
DUST, which provides inverse levered exposure to Global Gold Miners, was another top inverse ETF returning ~22% last week amid a strong dollar.
5. DZZ – Deutsche Bank Ag London Gold Double Short Exchange Traded (Nts)
The DZZ ETF also featured on the Top Performing Inverse ETFs’ list with ~19.6% returns. Gold prices fell as a stronger US dollar amid a shift toward a hawkish inflation-fighting stance.
6. ETHD – ProShares UltraShort Ether ETF
ETHD, which tracks -2x the daily price movements of an index that measures the price of Ethereum ETF was one of the contenders on the ETFs’ list with over 17% weekly gains. Crypto prices tumbled as a U.S. government shutdown fueled market uncertainty, amid a massive $1 billion liquidation of leveraged positions.
7. 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 ~16.8% gains in the last week. Meta shares jumped following a Q4 revenue beat, proving that its AI investments are driving higher ad prices and engagement. Investors were cheered by guidance for record growth and rising operating income.
8. SBIT – ProShares UltraShort Bitcoin ETF
SBIT, which tracks -2x the daily price movements of an index that measures the price of Bitcoin, featured on the list with a weekly gain of ~13%. Bitcoin’s price declined as a risk-off mood swept markets following a U.S. government shutdown and the nomination of hawkish Fed Chair candidate Kevin Warsh.
9. UCO – ProShares Ultra Bloomberg Crude Oil
UCO, which offers 2x daily leverage to an index that consists of crude oil futures contracts, was another oil-focused best-performing fund on the list with ~12% weekly gains, amid US-Iran tensions.
10. 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 10% weekly gains.
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