These have been final week’s prime performing leveraged and inverse ETFs. Notice that due to leverage, these sorts of funds can transfer shortly. All the time do your homework.

BOIL, the pure fuel ETF featured on the record of prime performing levered ETFs, gained greater than 20% within the final week. The general vitality sector gained by greater than 3%, and it was the best-performing sector within the final 5 days. Pure fuel costs elevated on increased cooling demand amid hotter-than-expected climate circumstances.

2. SOXS – Direxion Each day Semiconductor Bear 3x Shares

The SOXS ETF inversely tracks the efficiency of the PHLX Semiconductor Index, ranked second on the record of levered/ inverse ETFs with ~16% returns within the final week. The semiconductor sector fell by ~3.3% within the final week, and the general expertise sector was down by greater than 1% amid rising U.S. Treasury yields.

3. NRGU – MicroSectors U.S. Large Oil Index 3X Leveraged ETN

NRGU, which tracks thrice the efficiency of an index of US Oil & Fuel firms, was current on the weekly record of top-performing levered/ inverse ETFs returning over ~13% as oil costs elevated on excessive demand circumstances and voluntary manufacturing cuts by Saudi Arabia. Oil, fuel, and consumable fuels garnered positive aspects of over 3% within the final 5 days.

4. YANG – Direxion Each day FTSE China Bear 3X Shares

YANG, which affords 3x every day quick leverage to the FTSE China 50 Index, topped the highest performing levered/ inverse ETF, returning ~13% final week, as Chinese language equities declined amid a slowing financial system and issues across the nation’s actual property, which didn’t increase investor confidence.

5. SSG – Proshares Ultrashort Semiconductors

SSG ETF, which affords 2x every day quick leverage to the Dow Jones U.S. Semiconductors Index, was one other prime performing inverse ETF, gaining by greater than 12% final week.

6. BERZ – MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN

The BERZ ETF gives every day -3x inverse publicity to an index of FANG and expertise firms additionally featured on the record of top-performing inverse ETFs amid rising Treasury yields, with ~11.8% weekly returns.

7. NVDS – AXS 1.25X NVDA Bear Each day ETF

NVDS, which gives a 1.25x inverse publicity to the every day value motion for shares of Nvidia inventory, featured on the record with ~11.6% returns final week on weak momentum within the AI house and common gloom for progress shares amid rising yields.

8. FNGD – MicroSectors FANG+ Index -3X Inverse Leveraged ETN

FNGD ETF, which gives inverse publicity to the US large tech fairness, additionally featured on the record of prime inverse ETFs because the expertise sector misplaced ~1.3% within the final 5 days.

9. WTIU – MicroSectors Vitality 3X Leveraged ETNs

WTIU, an exchange-traded notice that tracks 3x of the every day value actions of an index of US-listed vitality and oil firms, was one other top-performing levered ETF final week. Vitality was the best-performing sector gaining by ~3% within the final 5 days.

10. OILU – MicroSectors Oil & Fuel Exp. & Prod. 3x Leveraged ETN

OILU, which gives 3x every day leveraged publicity to a tier-weighted index of US companies concerned in oil and fuel exploration and manufacturing, was one other oil-focused ETF that made it on the record with ~9.5% weekly positive aspects. The oil, fuel, and consumable fuels phase gained by over 3% within the final 5 days. Oil costs gained over voluntary manufacturing cuts by Saudi Arabia and excessive demand circumstances.

For extra information, data, and evaluation, go to the Leveraged & Inverse Channel.