Top Performing Leveraged/Inverse ETFs: 04/20/2025

These 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. MSOX – AdvisorShares MSOS Daily Leveraged ETF

MSOX, which seeks to achieve 2x the total daily return of the AdvisorShares Pure US Cannabis ETF (MSOS) through swap agreements topped the list with a ~34% weekly return. Already burdened by prior tariffs, U.S. cannabis prices are now anticipated to climb further due to Trump’s extensive new levies on Asian manufacturing.

2. MEXX – Direxion Daily MSCI Mexico Bull 3X Shares

MEXX ETF made it to the list of leveraged ETFs with over 28% returns last week. Mexico and Canada stand to benefit from President Trump’s newly announced reciprocal tariffs, potentially leading to their increased presence in U.S. markets, as the USMCA partners were excluded from the additional levies.

3. 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 ~26% last week, driven by a softer dollar, tariff tensions, and the escalating trade war between the United States and China.

4.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 fourth on the list of top performing leveraged/inverse ETFs last week, returning ~21%. 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 trade war tensions and a declining dollar.

5. OILU – MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN

OILU, which provides 3x daily leveraged exposure to a tier-weighted index of US firms involved in oil and gas exploration and production, featured on the list with ~18% weekly gains. Hopes for a US-EU trade agreement and new US sanctions on Iranian oil exports, fueling supply concerns, drove oil prices higher.

6. LABU – Direxion Daily S&P Biotech Bull 3x Shares

The biotech fund, LABU, gained over 18% and was one of the top performing levered ETFs on the list.

7. WTIU – MicroSectors Energy 3X Leveraged ETNs

WTIU, an exchange-traded note that tracks 3x of the daily price movements of an index of US-listed energy and oil companies, was another top-performing leveraged energy fund last week, with the oil, gas, and consumable fuels gaining by over 0.50% in the last five days.

8. DRN – Direxion Daily Real Estate Bull 3x Shares

This ETF offers 3x daily leverage to an index comprised of U.S. REITs gained over ~16% in the last week as positive signs like moderating home price growth and lower mortgage rates provided a boost to the real estate sector. Real estate was the top-performing sector, returning ~1.7% in the last five days.

9. NUGT – Direxion Daily Gold Miners Index Bull 2x Shares

Another gold ETF, NUGT seeks daily investment results of 200% of the performance of the NYSE Arca Gold Miners Index, also ranked among the top levered ETFs. The ETF gained more than 16% in the last week.

10. NRGU – MicroSectors U.S. Big Oil Index 3X Leveraged ETN

NRGU, which tracks three times the performance of an index of US Oil & Gas companies, was another energy-focused fund on the weekly list, returning ~15%. The energy sector gained ~0.6% in the last five days.

For more news, information, and analysis, visit the Leveraged & Inverse Channel.