Top Performing Leveraged ETFs: 11/09/2022

These were the best performing leveraged and inverse ETFs this past week. Note that due to leverage, these types of funds can move quickly. Always do your homework.

1. HIBL Direxion Daily S&P 500 High Beta Bull 3X Stock

The HIBL ETF It provides three times the daily leverage exposure to a beta-weighted index of the top 100 beta stocks in the S&P 500. All S&P 500 sectors rose last week, with materials, finance, and healthcare all up more than 5%. Consumer discretion returned close to 7%. The index rose ahead of the much-anticipated inflation report.

2. Cold – ProShares UltraShort Bloomberg Natural Gas

Cold, which provides twice-daily inverse leverage exposure to natural gas, was on the list of top performing leveraged/inverted ETFs this week. Natural gas prices fell amid US recession fears and concerns about the Chinese economy.

3. WEBL – Direxion Daily Dow Jones Internet Bull 3X Arrow

WEBLwith a 3-fold enhanced daily exposure to the index of the largest US Internet companies was present on the list with returns of up to 18% in the past week as investors became accustomed to fears of an upcoming interest rate hike.

4. Wants – Direxion Thor Daily Estimated Consumer Triple

consumer dictionary Wants ETF Which provides exposure to 3x leverage for the discretionary US consumer sector listed among the best performing leveraged funds last week before next upcoming CPI The data and the possibility of a suitable inflation number. The consumer discretionary segment is up more than 7% and has been the best performing segment in the past week.

5. GDXU – MicroSectors Gold Miners 3X ​​with Leverage Etn

GDXU It is a backed equity fund that provides three times the exposure to an index consisting of two of the largest gold miner ETFs i.e. VanEck Gold Miners. ETF (GDX) and VanEck Junior Gold Miners ETF (GDXJ), which invests in the global gold mining industry. GDXU It returned more than 15% last week as gold rallied on the back of dollar weakness ahead of the US inflation report.

6. SKYU – ProShares Ultra Nasdaq Cloud Computing ETF

ProShares Ultra Nasdaq Cloud Computing strives for daily investment results, twice the daily performance of ISE CTA Cloud computing index, was another technology-focused ETF In the list of the best performing ETFs last week, with weekly returns of around 15% as investors anticipate future interest rate hikes by the Federal Reserve.

7. CLDL – Direxion Daily Cloud Computing Bull 2X Shares

Direxion Daily Cloud Computing Bull 2X Shares seeking daily investment results, at 200% performance by Indxx United States of America The Cloud Computing Index also appeared on the list with weekly gains of around 15%.

8. RETL Direxion Daily Retail Bull 3X stock

RETL Provides daily leveraged multiples on Russell 1000 RGS The retail index appeared on the list with weekly returns of around 20%. The online, multi-line, and specialty retail segments gained around 7%, ~4.5%, and ~4%, respectively, over the past five days. Stock gained in anticipation of what’s to come CPI This week’s headline inflation report.

9. grain – Daily Direxion Pharmaceutical & Medical Stock 3X

The grain ETF Tracks the performance of companies engaged in research, development, manufacture, sale or distribution of drugs and drugs of all kinds. The ETF It was one of the best leveraged ETFs that returned 15% this week. The pharmaceutical sector has gained about 3.5% in the past five days.

10. Labo – Direxion Daily S&P Biotech Bull 3x Stocks

biotechnology fund Labo It gained more than 14% and the biotech sector has increased by 4% in the past five days. Biotech stocks got a boost from President Biden’s initiatives to boost the biotech production and supply chain as well as lower drug prices.

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