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. OKLL – Defiance Daily Target 2x Long OKLO ETF
OKLL seeks to deliver 2x leveraged exposure to the daily share price movement of Oklo Inc. Class A (NYSE: OKLO) topped the list with over 25% weekly gains. Oklo’s stock increased last week, after it entered into an ATM equity distribution agreement allowing it to issue up to $1.50 billion in Class A common stock, intended to finance the capital needs required to commercialize its small modular reactor (SMR) technology, particularly those focused on AI data centers. This happened after the Nvidia CEO backed nuclear power for AI data centers.
2. BOIL – ProShares Ultra Bloomberg Natural Gas
BOIL, the natural gas ETF, ranked second on the top-performing leveraged ETFs list and gained more than 22% in the last week. U.S. natural gas prices are surging, reaching a three-year high, driven by the combination of intense deep winter cold and rapidly growing export flows.
3. MSOX – AdvisorShares MSOS Daily Leveraged ETF
MSOX, which seeks to achieve 2x the total daily return of the AdvisorShares Pure US Cannabis ETF (MSOS) through swap agreements, featured on the list with a ~21% weekly return. The cannabis industry likely gained last week due to the announcement of a major acquisition in Europe and continued positive sentiment surrounding potential US federal policy changes.
4. PLT – Defiance Leveraged Long Income PLTR ETF
PLT is an actively managed fund, aiming to provide 1.5x to 2x leveraged exposure to the daily price movement of Palantir Technologies (PLTR). Palantir’s stock price has increased significantly, fueled by enthusiasm for its AI product suite and robust growth across both its government and commercial sectors.
5. SOXL – Direxion Daily Semiconductor Bull 3x Shares
SOXL, which offers 3x daily long leverage to the PHLX Semiconductor Index, was another contender on the list with over 12% returns last week. The semiconductor stocks continued to gain amid AI momentum and a stronger-than-expected decline in inflation expectations.
6. IONX – Defiance Daily Target 2X Long IONQ ETF
The Defiance Daily Target 2X Long IONQ ETF, which seeks daily leveraged investment results of two times the daily percentage change in the share price of IonQ Inc., was one of the levered ETFs last week, driven by momentum returning to the quantum computing group. Nobel laureate John Martinis also stated that China is catching up to the U.S. in the race to build a functional quantum computer.
7. TPOR – Direxion Daily Transportation Bull 3X Shares
The TPOR ETF, which tracks the performance of companies involved in road, rail, air travel, marine transport, air freight, and logistics, returned ~11.6% in the last week, driven by optimism around stabilizing trade policies, improving freight rates, and strong e-commerce demand.
8. TSLL – Direxion Daily TSLA Bull 2X Shares
TSLL, which provides 2x leveraged exposure to the daily price movement for shares of Tesla stock, featured on the list of top-performing levered ETFs with ~11% returns in the last week. Shares of Tesla (TSLA) jumped last week, after CEO Elon Musk posted on X, claiming the company plans to manufacture its own AI chips at volumes greater than all other AI chip makers combined.
9. HIBL – Direxion Daily S&P 500 High Beta Bull 3X Shares
The HIBL ETF provides 3x daily leveraged exposure to a beta-weighted index of the 100 highest-beta stocks in the S&P 500. S&P 500 gained last week primarily due to investor expectations of an upcoming interest rate cut by the Federal Reserve and positive performance from several individual stocks.
10. KORU – Direxion MSCI Daily South Korea Bull 3X Shares
KORU provides 300% daily leveraged exposure to an index of large- and mid-cap South Korean companies, featured on the list of top performing leveraged ETFs last week. Korean stocks have seen a sharp rise, largely due to global enthusiasm for artificial intelligence and advanced chips. This surge is directly benefiting major Korean companies like Samsung Electronics and SK Hynix, which are experiencing strong demand for their AI-related products, especially high-bandwidth memory (HBM) chips.
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