Top Performing Leveraged/Inverse ETFs: 05/24/2026

Top Performing Levered/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. 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., topped the levered ETFs’ list last week with ~45% returns. IonQ shares surged last week, amid broad market momentum in quantum and AI-related stocks, following announcements of major U.S. CHIPS Act grants and equity investments by the U.S. Commerce Department.
2. SMCX – Defiance Daily Target 2X Long SMCI ETF
SMCX seeks to deliver 2x leveraged exposure to the daily share price movement of Super Micro Computer, ranked second on the top-performing levered ETFs’ list. Super Micro Computer (NASDAQ: SMCI) shares saw an upward push recently, primarily fueled by a strong market-wide rally for AI hardware companies following optimistic analyst revisions.
3. 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). This upward movement was driven by the announcement of a massive $3 billion share repurchase program, where the company plans to buy back up to $1 billion in stock over the next year.
4. 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) also featured on the inverse ETFs list last week. MicroStrategy shares dipped last week due to a combination of declining Bitcoin prices, shifting company strategies, and insider selling.
5. AMDL – GraniteShares 2x Long AMD Daily ETF
AMDL, which provides 2x leveraged exposure to the daily price movement for shares of Advanced Micro Devices stock, also made it to the Levered ETFs’ list, with over 20% weekly gains. AMD shares surged last week following a major company announcement of a $10 billion supply chain investment in Taiwan and the start of production for next-generation 2-nanometer Venice CPUs.
6. SOXL – Direxion Daily Semiconductor Bull 3x ETF
SOXL, which offers 3x daily long leverage to the PHLX Semiconductor Index, was another contender on the list with over 16% returns last week. The semiconductor sector surged primarily due to an explosive, AI-driven rally led by memory chipmaker Micron Technology (MU). Positive Wall Street upgrades, massive infrastructure buildouts, and widening demand for AI hardware helped propel the industry’s market valuation.
7. ETHD – ProShares UltraShort Ether ETF
ETHD, which tracks -2x the daily price movements of an index that measures the price of Ethereum ETF, was one of the ETFs’ list with ~15% weekly gains. Ether’s price slipped due to a combination of weakening social sentiment, prominent ecosystem departures, and capital rotation.
8. NAIL – Direxion Daily Homebuilders & Supplies Bull 3X ETF
The NAIL ETF, focusing on the US housing segment, was one of the top-performing levered ETFs, returning ~15%, due to stronger-than-expected new home sales, a shortage of existing (previously owned) inventory, and increased expectations for higher-for-longer rates.
9. UCYB – ProShares Ultra Nasdaq Cybersecurity ETF
UCYB provides daily 2x leveraged exposure to an index that targets companies engaged in the global cybersecurity industry, was one of the top performing levered ETFs gaining more than 13% in the last week. Cybersecurity stocks surged recently due to surging corporate spending driven by new AI-related cyber threats and a “buy the dip” rebound following earlier market sell-offs.
10. RETL – Direxion Daily Retail Bull 3X ETF
RETL, offering 2x daily long leverage to the Russell 1000 RGS Retail Index, was another leveraged ETF on the list with weekly returns of ~12.7%, driven by resilient U.S. retail sales data, which showed a monthly increase, and a positive Q1 earnings and inventory outlook across major consumer discretionary and retail chains.
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