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 |
|---|---|---|
| (CWEB) | Direxion Daily CSI China Internet Index Bull 2x Shares | 10.51% |
| (UCO ) | ProShares Ultra Bloomberg Crude Oil | 8.86% |
| (YINN ) | Direxion Daily FTSE China Bull 3X Shares | 8.73% |
| (TMV ) | Direxion Daily 20+ Year Treasury Bear 3x Shares | 7.34% |
| (TTT ) | ProShares UltraPro Short 20+ Year Treasury | 7.15% |
| (CHAU ) | Direxion Daily CSI 300 China A Share Bull 2x Shares | 6.59% |
| (XPP ) | ProShares Ultra FTSE China 50 | 6.39% |
| (DRV ) | Direxion Daily Real Estate Bear 3X Shares | 6.16% |
| (RXD ) | ProShares UltraShort Health Care | 6.03% |
| (YCS ) | ProShares UltraShort Yen | 5.94% |
1. CWEB – Direxion Daily CSI China Internet Index Bull 2x Shares
The Direxion Daily CSI China Internet Index Bull 2x Shares seeks daily investment results of 200% of the performance of the CSI Overseas China Internet Index, returned 10.5% last week, and topped the list of top-performing levered ETFs after China concluded its regulatory probe into Didi Global, releasing some regulatory pressure from its internet sector.
2. UCO – ProShares Ultra Bloomberg Crude Oil
ProShares Ultra Bloomberg Crude Oil was one of the levered ETFs returning more than 8% last week, as oil prices gained following the EU’s announcement to ban Russian crude imports and as China eased COVID-imposed restrictions in the country.
3. YINN – Direxion Daily FTSE China Bull 3X Shares
YINN seeks daily investment results of 300% of the performance of the FTSE China 50 Index. It provides leveraged exposure to the Chinese large-cap sector and was one of the top levered ETFs last week as Beijing eased COVID-19 restrictions thereby boosting investor confidence.
4. TMV – Direxion Daily 20+ Year Treasury Bear 3x Shares
TMV which offers 3x short leveraged exposure to the NYSE 20-Year Plus Treasury Bond Index, made it to the list as the 20-year Treasury bond yield increased to 3.43 from 3.27, a week earlier.
5. TTT – ProShares UltraPro Short 20+ Year Treasury
ProShares UltraPro Short 20+ Year Treasury also made it to the list of top-performing inverse ETFs as Treasury yield continued to rise.
6. CHAU – Direxion Daily CSI 300 China A Share Bull 2x Shares
The CHAU ETF which seeks daily investment results, before fees and expenses, of 200% of the performance of the CSI 300 Index, comprising the largest and most liquid stocks in the Chinese A-share market also made it to the list.
7. XPP – ProShares Ultra FTSE China 50
Another China-focused ETF, XPP that offers 2x daily long leverage to the FTSE/Xinhua China 25 Index ranked among the top levered ETFs this week. The ETF gained more than 6% in the last week driven by positive investor sentiment after COVID-related restrictions were eased in the country.
8. DRV – Direxion Daily Real Estate Bear 3X Shares
The DRV ETF, which offers -3x daily leverage to an index comprised of U.S. REITs, was one of the top-performing inverse ETFs returning more than 6% last week. The overall real estate sector fell by ~2.5% amid rising rates and on a surge of newly-built properties.
9. RXD – ProShares UltraShort Health Care
Proshares UltraShort Health Care ETF, RXD was one of the candidates on the top-performing inverse ETFs list. Healthcare was the worst-performing sector, losing over 3% in the last week. Hospitals suffered from higher expenses and lower patient volumes amid a rising inflation scenario.
10. YCS – ProShares UltraShort Yen
The YCS ETF is for those seeking to gain from a weak Japanese yen relative to the U.S. dollar. The Yen was at its multi-year lows on expectations of the Bank of Japan to maintain its low-interest rate policy stance.
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