Top Performing Leveraged/Inverse ETFs: 10/18/2026

Top Performing Leveraged/Inverse ETFs Last WeekThese 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. SOXS – Direxion Daily Semiconductor Bear 3x ETF The SOXS ETF inversely tracks the PHLX Semiconductor Index topped the list of levered/ inverse ETFs with 43%+ returns in the last week. The sell-off was triggered by hotter-than-expected inflation data, shifting Federal Reserve rate-cut expectations, rising corporate financing costs for artificial intelligence infrastructure, and growing doubts over the debt and spending models supporting AI chip buyers. 2. SMHD – MicroSectors -3x Short Semiconductor ETN SMHD, which seeks to provide 3x the inverse daily closing price of the VettaFi Semiconductor Fund-Tracking Index, was another semiconductor-focused ETF ranking second on the list with over 37% weekly gains. 3. HIBS – Direxion Daily S&P 500 High Beta Bear 3X ETF HIBS, which provides inverse exposure to the U.S. large-cap stocks, was present on the top performing levered/ inverse ETFs list this week. Inverse ETFs gained as stocks fell due to a sharp sell-off in AI-related and tech stocks over heavy borrowing and spending concerns, hot September inflation data that raised interest rate worries, and climbing oil prices. 4. TECS – Direxion Daily Technology Bear 3X ETF Another inverse technology ETF, TECS, made it to the list, gaining more than 25% last week. The U.S. technology sector fell last week due to escalating worries over heavy AI debt, rising inflation, and high borrowing costs. 5. BERZ – MicroSectors Solactive FANG & Innovation -3X Inverse Leveraged ETN The BERZ ETF, which provides daily -3x inverse exposure to an index of FANG and technology companies, also featured on the list of top-performing inverse ETFs with over 23% weekly returns, due to mounting fears over the massive AI spending boom, rising credit and debt worries, and a broader bond market yield surge. 6. SNK – GraniteShares 2x Short SpaceX Daily ETF SNK provides 2x inverse leveraged exposure to daily price movement for shares of Space Exploration Technologies Corp, (NASDAQ: SPCX) stock. The stock fell last week due to pre-earnings investor jitters, caution over high-multiple AI and space valuations, lingering insider lockup expirations, and market nervousness ahead of its third-quarter financial report. 7. SSG – Proshares Ultrashort Semiconductors SSG ETF, which offers 2x daily short leverage to the Dow Jones U.S. Semiconductors Index, was another semiconductor-focused top performing inverse ETF featuring on the list, gaining by more than 21% last week. 8. MSTZ – T-Rex 2X Inverse MSTR Daily Target ETF MSTZ aims to provide inverse exposure to the daily price movement of Strategy Inc. stock (NASDAQ: MSTR) ranked among the inverse ETFs list with over 21% returns in the last week. Strategy shares fell last week primarily due to MSCI approving new index eligibility rules that classify non-operating, investment-heavy companies as ineligible for its Global Investable Market Indexes, alongside a broader technology sector sell-off. 9. EDZ – Direxion Daily MSCI Emerging Markets Bear 3X ETF EDZ, which offers 3x daily short leverage to the broad-based MSCI Emerging Markets Index also made it to the list with ~20% weekly gains driven broadly by a global AI and technology sell-off, rising crude oil prices driven by Middle East tensions, and persistent foreign investor outflows. 10. LABD – Direxion Daily S&P Biotech Bear 3X ETF LABD provides daily 3 times inverse exposure to the S&P Biotechnology Select Industry Index, also made it to the list. The biotech sector fell last week due to a broader Wall Street tech selloff, rising borrowing costs, disappointing or shifting clinical data on high-profile stocks like Moderna and Vaxcyte, and a general investor rotation toward safer large-cap pharmaceutical and energy assets. For more news, information, and analysis, visit the Leveraged & Inverse Content Hub.