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. UVIX – 2x Long VIX Futures ETF
UVIX, which offers daily 2x leveraged exposure to short-term VIX futures, was the top-performing levered ETF as market volatility increased amid rising Treasury yields and the latest economic data and earnings. Investors brace for more downward earnings surprises after disappointing quarterly results by Apple.
2. SPKY – ConvexityShares Daily 1.5x SPIKES Futures ETF
SPKY fund offers 150% exposure to a daily rolling of long near-term SPIKES futures contracts and focuses on active traders and speculative investors. The ETF was one of the top performing levered ETFs returning ~20% in the last week.
3. UVXY – ProShares Ultra VIX Short-Term Futures ETF
UVXY,…
