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Top Performing Leveraged/Inverse ETFs: 02/08/2026

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. ETHD – ProShares UltraShort Ether ETF ETHD, which tracks -2x the daily price movements of an index that measures the price of Ethereum ETF, topped the Inverse ETFs’ list with over 47% weekly gains, reflecting a sharp risk-off pivot as the nomination of Kevin Warsh for Fed Chair fueled hawkish sentiment and a stronger dollar. This triggered forced liquidations and record ETF outflows, signaling a deeper deleveraging phase for institutional and retail investors alike. 2. KOLD – ProShares UltraShort Bloomberg Natural Gas KOLD, which offers daily inverse leveraged exposure to natural gas, ranked second on the list of top performing levered/ inverse ETFs, returning over 34% last week. U.S. natural gas prices tumbled last week, as a sharp shift in weather patterns and rising production data triggered a rapid reversal of January’s winter storm rally. 3. 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, featured on the top-performing levered ETFs’ list. Super Micro’s (NASDAQ: SMCI) stock rose last week, buoyed by management raising its full-year revenue guidance to $40 billion, signaling that the massive infrastructure demand for AI servers and liquid-cooled data centers remains robust despite broader sector volatility. 4. SBIT – ProShares UltraShort Bitcoin ETF SBIT, which tracks -2x the daily price movements of an index that measures the price of Bitcoin, was another inverse ETF on the list with a weekly gain of ~29%. Bitcoin’s price declined amid the prospect of Kevin Warsh’s hawkish quantitative tightening (nominated as the prospective Fed Chair) sparked a massive deleveraging event, triggering record ETF outflows. 5. SETH – ProShares Short Ether ETF SETH is a fund designed to profit from a decline in Ether’s price, as it tracks the inverse of its underlying index’s daily price movements. This was another Ether-focused fund on the list with over 23% weekly gains. 6. 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 ~22.6% in the last week. U.S. spot truck rates surged nearly 40% last week as severe winter storms in the Midwest and Northeast crippled supply chains, reflecting a critical capacity shortage as carriers struggled to navigate the weather-driven disruptions. The air freight and logistics sector witnessed a ~6% gain in the last five days. 7. DPST – Direxion Daily Regional Banks Bull 3X Shares DPST, which provides 3x leveraged exposure to an index of US regional banking stocks, was one of the top-performing levered ETFs. US regional bank shares hit an all-time high on February 4, 2026, driven by a surge in M&A activity and a rotation into mid-sized lenders. The rally, led by the KBW Nasdaq Regional Banking Index, was fueled by Santander’s acquisition of Webster Financial and expectations of a more favorable regulatory environment for consolidation. 8. NAIL – Direxion Daily Homebuilders & Supplies Bull 3X Shares The NAIL ETF, focusing on the US housing segment, ranked among the top-performing levered ETFs, returning over ~21%. The U.S. homebuilders sector increased last week, primarily due to reports of a proposed “Trump Homes” program aimed at addressing the national housing affordability crisis. Broader market sentiment was supported by a decline in mortgage rates. 9. MEXX – Direxion Daily MSCI Mexico Bull 3X Shares MEXX ETF made it to the list of leveraged ETFs with over 18% returns last week, benefitting from broader market shifts and specific U.S. economic data. 10. WEBS – Direxion Daily Dow Jones Internet Bear 3X Shares The WEBS ETF that tracks companies having a strong internet focus was present on the top-performing levered/ inverse ETFs list last week, as the AI euphoria that drove the market for two years faces its most rigorous reality check yet, driven by concerns that valuations have outpaced actual earnings and that the infrastructure build-out may be nearing a temporary peak. For more news, information, and analysis, visit the Leveraged & Inverse Content Hub.

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