Content and data provided by various third parties and Fidelity − Terms of Use | Help/Glossary
Research > ETFs > ETF / ETP Commentary > 

Top Performing Leveraged/Inverse ETFs: 05/11/2025

BY | ETF Database
05/14/2025 | 528 VIEWS
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. ETHU – 2x Ether ETF ETHU ETF, which aims to provide 2x the daily price movements of Ether, topped the Levered/ Inverse ETFs’ list with ~55% weekly gains, driven by positive market sentiment following the announcement of new trade agreements between US with UK and China, and the Pectra upgrade, which improved the Ethereum network. 2. ETHT – ProShares Ultra Ether ETF ETHT, which tracks 2x the daily price movements of an index that measures the price of Ether, ranked second on Levered/ Inverse ETFs’ list, with a 55% return in the last week. 3. LABD – Direxion Daily S&P Biotech Bear 3x Shares The biotech fund, LABD, which offers inverse exposure to the US Biotechnology sector, registered weekly gains of 27% last week amid layoffs and restructurings, and concerns about the impact of tariffs and reduced research funding. The healthcare sector registered a fall of ~2% in the last five days. 4. GDXU – MicroSectors Gold Miners 3X Leveraged ETN GDXU is a leveraged equity fund that provides 3x exposure to an index comprised of two of the largest gold miners’ ETFs, viz VanEck Gold Miners ETF (GDX) and VanEck Junior Gold Miners ETF (GDXJ), that invest in the global gold mining industry. GDXU returned over 22% last week. Gold prices rose in the last week, driven by increased central bank gold reserves, growing fears of a U.S. recession, and rising geopolitical tensions. 5. EVAV – Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares EVAV, which tracks 2x the daily price movements of an index of US-listed electric and autonomous vehicles companies was another contender on the list of top-performing levered ETFs as the electric vehicle sector is experiencing an uptick, fueled by the announcement of trade agreements between the USA with China and the UK, and buoyed by anticipation for the upcoming Tesla Model Y robotaxi launch. 6. JNUG – Direxion Daily Junior Gold Miners Index Bull 2x Shares JNUG, which seeks to return 200% of the daily performance of the MVIS Global Junior Gold Miners Index, ranked sixth on the list of top performing leveraged/inverse ETFs last week, returning over ~18%. The MVIS Global Junior Gold Miners Index tracks the performance of foreign and domestic companies involved in gold and silver mining. JNUG and other precious metals funds performed well, as gold prices rose due to ongoing economic uncertainty and market volatility. 7. BIS – ProShares UltraShort Nasdaq Biotechnology BIS ETF, which offers 2x daily short leverage to the broad-based NASDAQ Biotechnology Index, was another Biotech ETF on the list with ~18% weekly gains. 8. NUGT – Direxion Daily Gold Miners Index Bull 2x Shares Another gold ETF, NUGT, seeking daily investment results of 200% of the performance of the NYSE Arca Gold Miners Index, was on the top levered ETFs’ list with more than ~13% gains in the last week. 9. BITX – 2X Bitcoin Strategy ETF BITX, which seeks daily investment results, before fees and expenses, that correspond to two times the excess return of the S&P CME Bitcoin Futures Daily Roll Index, featured on the list of leveraged ETFs with ~12% returns last week. Bitcoin’s price rose amid anticipation of US-China trade talks, which are expected to increase risk-on sentiment and boost stocks and cryptocurrencies. 10. BITU – ProShares Ultra Bitcoin ETF BITU was another crypto fund on the list of leveraged ETFs last week with ~12% weekly gains. For more news, information, and analysis, visit the Leveraged & Inverse Channel.

More Commentary

Put/Write ETF Could Gain Steam as Investors Embrace Options ETFs
BY | ETF Database
05/23/2025 | 58 VIEWS
Most Recent Tech Earnings Ease Anxiety Over AI Trade
BY | ETF Database
05/22/2025 | 36 VIEWS
In Ongoing Volatility, Look to Hedged Equity Strategies
BY | ETF Database
05/22/2025 | 54 VIEWS
View more Commentary

Search Commentary

Enter Keyword(s)
Filter Results

Performance data shown is past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. For standard quarterly performance, go to the fund's Snapshot page by clicking on the ETF/ETP's symbol.

ETFs may trade at a premium or discount to their NAV and are subject to the market fluctuations of their underlying investments.

For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Please note, this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral. Additional information about the sources, amounts, and terms of compensation can be found in the ETF's prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice. BlackRock and iShares are registered trademarks of BlackRock, Inc. and its affiliates.

FBS receives compensation from the fund's advisor or its affiliates in connection with a marketing program that includes the promotion of this security and other ETFs to customers ("Marketing Program"). The Marketing Program creates incentives for FBS to encourage the purchase of certain ETFs. Additional information about the sources, amounts, and terms of compensation is in the ETF's prospectus and related documents. Please note that this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral.

News, commentary (including "Related Symbols") and events are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

Any data, charts and other information provided on this page are intended to help self-directed investors evaluate exchange traded products (ETPs), including, but limited to exchange traded funds (ETFs) and exchange traded notes (ETNs). Criteria and inputs entered, including the choice to make ETP comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a particular security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating ETPs. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.