Top Performing Leveraged/Inverse ETFs: 01/26/2025

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. URAX – Defiance Daily Target 2x Long Uranium ETF

URAX which seeks to provide 2x leveraged exposure to the daily share price movement of the Global X Uranium ETF topped the list of levered ETFs and returned over 18% last week as prices increased following escalating nuclear fuel tensions and potential supply shortages in the U.S.

2. MEXX – Direxion Daily MSCI Mexico Bull 3X Shares

MEXX ETF made it to the list of leveraged ETFs with over 16% returns last week. Markets soared on optimism around Trump’s less severe than anticipated Inauguration Day tariff policy pronouncements and Trump’s put-on-hold tariffs after Colombia agreed to accept all deported migrants.

3. LABU – Direxion Daily S&P Biotech Bull 3x Shares

The biotech fund, LABU gained ~15% and featured on the top performing levered ETFs’ list last week as the biotech sector gained by ~3.7%. Pharmaceutical companies appear optimistic about their growth prospects under the new Trump administration, following a period of heightened scrutiny and regulation under Biden.

4. FNGU – MicroSectors FANG™ Index 3X Leveraged ETN+

FNGU featured on the list of top-performing levered ETFs with over 12% 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 surged following Donald Trump’s announcement of a substantial artificial intelligence investment of up to $500 billion to fund AI infrastructure.

5. 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 ~11% gains in the last week. Meta’s Reels platform stands to gain significantly if users and advertisers shift away from TikTok due to the current uncertainty surrounding its future in the United States.

6. ETHD – ProShares UltraShort Ether ETF

ETHD which tracks -2x the daily price movements of an index that measures the price of Ethereum ETF ranked sixth on the ETFs on the list with ~11% weekly gains. Crypto assets plummeted last week mirroring a broader stock market sell-off triggered by the growth of DeepSeek, a cutting-edge artificial intelligence application developed in China.

7. WEBL – Direxion Daily Dow Jones Internet Bull 3X Shares

WEBL providing 3x leveraged daily exposure to an index of the largest U.S. internet companies was present on the list with ~10.6% returns in the last week as tech stocks got a boost from Trump’s $500 billion Stargate announcement.

8. EURL – Direxion Daily FTSE Europe Bull 3x Shares

EURL provides 3X daily levered exposure to an index of companies in developed Europe and was one of the top performing levered ETFs. European stock markets continued their winning streak after Trump’s Davos speech, which boosted investor confidence with a promise of lower taxes and reduced regulations.

9. TSLQ – AXS TSLA Bear Daily ETF

TSLQ provides inverse exposure to the daily price movement for shares of Tesla stock, ranked among the inverse ETFs with nearly ~10% weekly returns. Tesla and other EV stocks declined following President Donald Trump’s signing of several executive orders targeting the electric vehicle industry.

10. GDXU – MicroSectors Gold Miners 3X Leveraged ETN

GDXU is a leveraged equity fund that provides 3x exposure to an index comprised of two of the largest gold miners’ ETFs, viz VanEck Gold Miners ETF (GDX) and VanEck Junior Gold Miners ETF (GDXJ), that invest in the global gold mining industry. GDXU returned over ~9% last week. Gold prices have exhibited an increase in the lead-up to the upcoming US Federal Reserve meeting and Donald Trump’s tariff jitters.

For more news, information, and analysis, visit the Leveraged & Inverse Channel.