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 |
|---|---|---|
| (NRGU ) | MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 18.13% |
| (LABD ) | Direxion Daily S&P Biotech Bear 3x Shares | 17.24% |
| (UCO ) | ProShares Ultra Bloomberg Crude Oil | 16.61% |
| (WEBS ) | Direxion Daily Dow Jones Internet Bear 3X Shares | 16.48% |
| (BOIL ) | ProShares Ultra Bloomberg Natural Gas | 14.63% |
| (UVIX ) | 2x Long VIX Futures ETF | 14.54% |
| (OILU ) | MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN | 14.03% |
| (UVXY ) | ProShares Ultra VIX Short-Term Futures ETF | 11.45% |
| (FLYD ) | MicroSectors Travel -3x Inverse Leveraged ETN | 11.39% |
| (SPKY ) | ConvexityShares Daily 1.5x SPIKES Futures ETF | 11.07% |
1. 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 of top performing levered/ inverse ETFs returning ~18%. Energy was the best-performing sector gaining ~4.8% in the last five days. Oil prices gained as Russia plans production output cuts.
2. LABD – Direxion Daily S&P Biotech Bear 3x Shares
LABD, which offers inverse exposure to the US Biotechnology sector, gained by ~17% last week on concerns about future interest rate hikes as well as funding curbs.
3. UCO – ProShares Ultra Bloomberg Crude Oil
ProShares Ultra Bloomberg Crude Oil was one of the levered ETFs returning more than 16% last week, as oil prices gained on planned Russian output cuts.
4. WEBS – Direxion Daily Dow Jones Internet Bear 3X Shares
The WEBS ETF that tracks companies with a solid internet focus was on the top-performing levered/ inverse ETFs list driven by higher benchmark U.S. treasury yield and a rising interest rate environment.
5. BOIL – ProShares Ultra Bloomberg Natural Gas
BOIL, the natural gas ETF featured on the list of top performing levered ETFs and gained more than ~14% in the last week. Natural gas prices rose on increasing LNG exports and forecasts of colder weather.
6. UVIX – 2x Long VIX Futures ETF
UVIX, which offers daily 2x leveraged exposure to short-term VIX futures, was one of the top performing levered ETFs as VIX, the CBOE volatility index, gained to ~20.3 from ~19.4 in the last week. Market volatility increased on recession possibilities and as concerns about rate hikes lingered during the week.
7. 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 featured on the list with ~14% weekly gains.
8. UVXY – ProShares Ultra VIX Short-Term Futures ETF
UVXY, which offers leveraged exposure to an index comprised of short-term VIX futures contracts, was one of the top-performing levered ETFs this week as volatility increased amid the recent interest rate hike, expected rate increases, and upcoming inflation data.
9. FLYD – MicroSectors Travel -3x Inverse Leveraged ETN
FLYD, which tracks -3x the daily price movements of an index of US-listed travel-related companies, made it to the weekly list of inverse ETFs with over ~11% returns. Travel stocks fell on growing recession fears as the Federal Reserve continues its stance on rising interest rates. Expedia, the travel giant, also posted disappointing quarterly results.
10. SPKY – ConvexityShares Daily 1.5x SPIKES Futures ETF
SPKY fund offers 150% exposure to a daily rolling of long near-term SPIKES futures contracts and focuses on active traders and speculative investors. The ETF was one of the top performing levered ETFs returning ~11% in the last week.
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