Research > ETFs > ETF / ETP Commentary > 

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

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. MSFU – Direxion Daily MSFT Bull 2X ETF MSFU provides 2x leveraged exposure to the daily price movement for shares of Microsoft stock, topped the top performing levered ETFs’ list last week. Microsoft stock surged last week following a blowout fiscal Q4 earnings report that proved its massive AI investments are driving strong financial returns, highlighted by Azure cloud growth, strong revenue and earnings beats, and growing Copilot adoption. 2. MSFL – GraniteShares 2x Long MSFT Daily ETF MSFL, which provides 2x leveraged exposure to the daily price movement for shares of Microsoft stock, ranked second on the top performing levered ETFs’ list last week, with nearly 45% weekly gains. 3. MSFX – T-Rex 2X Long Microsoft Daily Target ETF MSFX, which aims to provide 2x leveraged exposure to the daily price movement of Microsoft Corp. stock, also featured on the list, driven by a strong fiscal Q4 report. 4. AMZZ – GraniteShares 2x Long AMZN Daily ETF AMZZ aims to deliver 2x the price return for a single day of Amazon stock (AMZN), and ranked fourth on the list with 34% weekly gains. Amazon shares rose last week driven by strong Q2 earnings, surging cloud growth, and high AI demand. 5. AMZU – Direxion Daily AMZN Bull 2X ETF AMZU, which provides 2x leveraged exposure to the daily price movement for shares of Amazon stock, was another Amazon-focused fund on last week’s list, with over 33% gains in the last week. 6. DJTU – T-REX 2X Long DJT Daily Target ETF DJTU aims to provide 2x leveraged exposure to the daily price movement of Trump Media & Technology Group Corp. stock (NASDAQ: DJT). Trump Media & Technology Group shares rallied last week following the launch of “Truth API,” providing real-time, early access to market-moving posts from President Donald Trump’s account. 7. NOWL – GraniteShares 2x Long NOW Daily ETF NOWL, which provides 2x leveraged exposure to the daily price movement for shares of ServiceNow, Inc. stock, also made it to the list due to a strong Q2 2026 earnings beat, raised full-year guidance, and accelerating growth in AI services. 8. GOOX – T-Rex 2X Long Alphabet Daily Target ETF GOOX, which aims to provide 2x leveraged exposure to the daily price movement of Alphabet Inc. stock (NASDAQ: GOOGL), was another leveraged ETF on the list. Alphabet Inc. stock climbed as investors re-evaluated the company’s massive AI investments, buoyed by strong second-quarter financial results and positive momentum from broader tech sector earnings. 9. GGLL – Direxion Daily GOOGL Bull 2X ETF GGLL, which provides 2x leveraged exposure to the daily price movement for shares of Google stock, was another Google-focused fund on last week’s list, with over 23% gains in the last week. 10. GOU – GraniteShares 2x Long GOOGL Daily ETF GOU provides 2x leveraged exposure to the daily price movement for shares of Alphabet Inc. stock, and was another contender on the list. Alphabet stock climbed as strong Q2 earnings and tech sector momentum reassured investors about its massive AI investments. For more news, information, and analysis, visit the Leveraged & Inverse Content Hub.

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.