Top Performing Leveraged/Inverse ETFs: 04/05/2026

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. 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 that invest in the global gold mining industry. GDXU topped the list with over 47% returns last week. Gold prices climbed last week, driven primarily by safe-haven demand amidst escalating tensions in the U.S.-Iran conflict and concerns over supply disruptions in the Strait of Hormuz. A robust U.S. jobs report and persistent inflation fears also influenced market sentiment.

2. JNUG – Direxion Daily Junior Gold Miners Index Bull 2x ETF

Another gold-focused ETF, JNUG, which seeks to return 200% of the daily performance of the MVIS Global Junior Gold Miners Index, ranked second on the list of top-performing leveraged/inverse ETFs last week, returning over 31%.

3. NUGT – Direxion Daily Gold Miners Index Bull 2x ETF

Another gold ETF, NUGT seeks daily investment results of 200% of the performance of the NYSE Arca Gold Miners Index, also featured on the top levered ETFs’ list. The ETF gained more than 30% in the last week.

4. RBLU – T-REX 2X Long RBLX Daily Target ETF

RBLU aims to provide 2x leveraged exposure to the daily price movement of Roblox Corp. stock (NYSE: RBLX). Roblox stock saw movement driven by strong 2026 bookings forecasts, exceeding analyst expectations for user growth, and aggressive expansion into advertising and creator monetization.

5. SHNY – MicroSectors Gold 3X Leveraged ETNs

SHNY, an ETF offering 3x daily leveraged exposure to the spot price of gold, was another gold ETF that made it to the list with weekly gains of ~21%, as escalating U.S.-Iran tensions and potential Strait of Hormuz supply disruptions sparked safe-haven buying.

6. MSTZ – T-Rex 2X Inverse MSTR Daily Target ETF

MSTZ aims to provide inverse exposure to the daily price movement of MicroStrategy Inc. stock (NASDAQ: MSTR) featured on the inverse ETFs list last week. MicroStrategy (MSTR) shares dipped last week, primarily due to a sharp decline in Bitcoin prices, and a reported ~$14 billion unrealized loss on its Bitcoin holdings for Q1 2026. The stock, highly leveraged to cryptocurrency performance, also suffered from a temporary pause in its Bitcoin buying streak and increased, volatile, and high-interest financing methods.

7. DGP – DB Gold Double Long Exchange Traded Notes

DGP ETF, which provides 2x daily long leverage to the Deutsche Bank Liquid Commodity Index-Optimum Yield Gold, also made it to the list with ~18% weekly gains.

8. AGQ – Proshares Ultra Silver

AGQ ETF, which offers 2x daily long leverage to the Silver bullion, was one of the levered ETFs on the list, returning ~16% last week. Silver prices are climbing, driven by severe geopolitical tensions in the Middle East. Heightened safe-haven demand, strong ETF inflows, and inflationary pressure from rising oil costs fueled the upward trend.

9. UGL – ProShares Ultra Gold

UGL ETF provides 2x daily leverage to gold prices, serving as a high-exposure tool for investors maintaining a bullish outlook on precious metals. This ETF featured on the top-performing levered ETFs list with ~14% returns in the last week.

10. DJTU – T-REX 2X Long DJT Daily Target ETF

DJTU aims to provide 2x leveraged exposure to the daily price movement of Trump Media & Technology Group Corp. stock (NASDAQ: DJT). Trump Media & Technology Group (DJT) experienced volatility in early April 2026, driven by geopolitical tensions in Iran and Donald Trump’s political influence. The stock ultimately trended upward, buoyed by a broader U.S. market rally that saw gains across major indices.

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