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 |
|---|---|---|
| (GUSH ) | Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares | 30.93% |
| (RETL ) | Direxion Daily Retail Bull 3X Shares | 30.25% |
| (WANT) | Direxion Daily Consumer Discretionary Bull 3X Shares | 29.32% |
| (OILU ) | MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN | 29.28% |
| (BNKU) | MicroSectors U.S. Big Banks Index 3X Leveraged ETNs | 29.18% |
| (NRGU) | MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 26.11% |
| (FAS ) | Direxion Daily Financial Bull 3X Shares | 24.90% |
| (TECL ) | Direxion Daily Technology Bull 3X Shares | 24.77% |
| (SOXL ) | Direxion Daily Semiconductor Bull 3x Shares | 24.07% |
| (DFEN) | Direxion Daily Aerospace & Defense Bull 3X Shares | 23.61% |
1. GUSH – Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares
GUSH, the oil & gas exploration and production ETF topped the list of top-performing levered ETFs, returning more than 30% last week on tighter market conditions as the EU agrees to ban Russian oil imports. Overall, the energy sector gained ~3.5% last week.
2. RETL – Direxion Daily Retail Bull 3X Shares
RETL offering 2x daily long leverage to the Russell 1000 RGS Retail Index featured second on the list with weekly returns of ~30% on upbeat forecasts from retailers like Macy’s and Dollar General. Internet, multiline, and specialty retail segments gained over ~11%, ~11%, and ~7%, respectively over the last five days.
3. WANT – Direxion Daily Consumer Discretionary Bull 3X Shares
Another consumer discretionary WANT ETF that provides 3x leveraged exposure to the U.S. consumer discretionary sector featured on the list of top-performing levered funds last week. The consumer discretionary sector gained over 9% and was the best performing sector in the last week.
4. OILU – MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN
The OILU ETF, which provides 3x daily leveraged exposure to an index of US firms involved in oil and gas exploration and production was another top-performing leveraged ETFs list returning ~29% last week, as oil gained after the EU’s decision to ban Russian crude imports.
5. BNKU – MicroSectors U.S. Big Banks Index 3X Leveraged ETNs
BNKU which tracks 3x the performance of an equal-weighted index of US Large Bank was present on the list as the financials sector was the third best performing sector gaining by more than 4% in the last week.
6. NRGU – MicroSectors U.S. Big Oil Index 3X Leveraged ETN
NRGU which tracks three times the performance of an index of US Oil & Gas companies topped the weekly list returning ~26%. The energy sector gained more than 3.5% in the last five days.
7. FAS – Direxion Daily Financial Bull 3X Shares
FAS ETF, which offers 3x daily long leverage to the Russell 1000 Financial Services Index, was one of the top-performing levered ETFs last week as the financials gained by over 4%.
8. TECL – Direxion Daily Technology Bull 3X Shares
The TECL ETF topped the list of top-performing levered ETFs returning over 24% last week. The overall IT sector gained by more than 4% in the last five days driven by a rally in large-cap technology stocks like Amazon and Alphabet.
9. SOXL – Direxion Daily Semiconductor Bull 3x Shares
SOXL which offers 3x daily long leverage to the PHLX Semiconductor Index was another contender on the top-performing levered/ inverse ETFs list last week. The semiconductor segment gained more than 7% in the last week.
10. DFEN – Direxion Daily Aerospace & Defense Bull 3X Shares
This ETF that aims to triple the daily return of an index of defense industry stocks was one of the top-performing levered ETFs last week as defense stocks gained on the back of rising global geopolitical tensions. The overall aerospace & defense sector gained ~3.5% in the last five days.
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