We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Wall Street experienced a bloodbath last week. The S&P 500, the Dow Jones and the Nasdaq Composite lost about 2.3%, 3.1% and 2.4%, respectively. Investors worry that tariffs imposed by the Trump administration could lead to a recession. These levies may drive prices higher, potentially making it more difficult for the Federal Reserve to lower interest rates.
Both the S&P 500 and the Nasdaq entered correction territory last week, worsened by uncertainty surrounding President Donald Trump’s shifting trade policies and ongoing government job cuts.
Inflation Relief Temporary?
Although inflation came in softer than expected in February, many analysts believe that this relief is temporary. February’s eased inflation marked the first decline in five months. The Consumer Price Index (CPI) rose 2.8% year over year, down from January’s 3% rate, according to the Bureau of Labor Statistics, as quoted on CNN.
On a monthly basis, prices increased by 0.2%, slowing from January’s 0.5% rise. Economists’ expectation was a 0.3% monthly increase and 2.9% annual inflation, citing falling gas prices and lower housing-related costs.
Economists warn that February’s inflation progress may be momentary. Sung Won Sohn, an economist at Loyola Marymount University, noted that new tariffs could soon boost inflation, as quoted on CNN (read: Is Easing February Inflation Actually a Relief? ETFs in Focus).
ETFs in Focus
Against this backdrop, below we highlight a few winning leveraged exchange-traded funds (ETFs) of last week.
GraniteShares 2x Long INTC Daily ETF (INTW - Free Report) – Up 32.7% past week
The GraniteShares 2x Long INTC Daily ETF seeks daily investment results, before fees and expenses, of 2 times the daily percentage change of the common stock of Intel Corp.
Shares of Intel surged about 18% last week as Wall Street cheered its decision to name the former board member Lip-Bu Tan as CEO. Tan departed in August due to disagreements over the chipmaker's direction, following several years of market underperformance.
MicroSectors Travel -3x Inverse Leveraged ETN (FLYD - Free Report) – Up 18.1% past week
The MicroSectors Travel -3x Inverse Leveraged ETN is linked to a three times inverse leveraged participation in the performance of the MerQube MicroSectors U.S. Travel Index, compounded daily, minus the applicable fees. Recession fears probably weighed on consumer discretionary areas like the travel industry.
Defiance Daily Target 2X Long SMCI ETF (SMCX - Free Report) – Up 17.6% past week
THE SMCI stock gained 11.6% last week.The Defiance Daily Target 2x Long SMCI ETF seeks daily leveraged investment results of two times the daily percentage change in the share price of Super Micro Computer, Inc.
STKd 100% SMCI & 100% NVDA ETF (SPCY - Free Report) – Up 17.5% past week
The NVDA stock has surged 10.8% last week. As a result, this ETF, which offers exposure to both SMCI and NVDA, jumped last week. Many investors are probably buying the dip in NVDA shares. The once-rockstar of Wall Street — chipmaker NVDA — has seen its shares falling 12% this year.
Direxion Daily MU Bull 2X Shares (MUU - Free Report) – Up 15.8% past week
Like many other semiconductor companies, Micron shares also jumped 12.4% last week. The Direxion Daily MU Bull 2X Shares seek daily investment results, before fees and expenses, of 200% of the performance of the common shares of Micron Technology, Inc.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Best Leveraged ETFs of Last Week
Wall Street experienced a bloodbath last week. The S&P 500, the Dow Jones and the Nasdaq Composite lost about 2.3%, 3.1% and 2.4%, respectively. Investors worry that tariffs imposed by the Trump administration could lead to a recession. These levies may drive prices higher, potentially making it more difficult for the Federal Reserve to lower interest rates.
In an interview on Fox News, Trump addressed concerns about a possible recession, describing the economic situation as "a period of transition," as quoted on CNBC.Several banks, including Goldman Sachs and Citigroup, recently downgraded their outlook on U.S. equities due to growth fears. Prominent market forecasters, such as Ed Yardeni, have also moderated their previously bullish projections for 2025.
Both the S&P 500 and the Nasdaq entered correction territory last week, worsened by uncertainty surrounding President Donald Trump’s shifting trade policies and ongoing government job cuts.
Inflation Relief Temporary?
Although inflation came in softer than expected in February, many analysts believe that this relief is temporary. February’s eased inflation marked the first decline in five months. The Consumer Price Index (CPI) rose 2.8% year over year, down from January’s 3% rate, according to the Bureau of Labor Statistics, as quoted on CNN.
On a monthly basis, prices increased by 0.2%, slowing from January’s 0.5% rise. Economists’ expectation was a 0.3% monthly increase and 2.9% annual inflation, citing falling gas prices and lower housing-related costs.
Economists warn that February’s inflation progress may be momentary. Sung Won Sohn, an economist at Loyola Marymount University, noted that new tariffs could soon boost inflation, as quoted on CNN (read: Is Easing February Inflation Actually a Relief? ETFs in Focus).
ETFs in Focus
Against this backdrop, below we highlight a few winning leveraged exchange-traded funds (ETFs) of last week.
GraniteShares 2x Long INTC Daily ETF (INTW - Free Report) – Up 32.7% past week
The GraniteShares 2x Long INTC Daily ETF seeks daily investment results, before fees and expenses, of 2 times the daily percentage change of the common stock of Intel Corp.
Shares of Intel surged about 18% last week as Wall Street cheered its decision to name the former board member Lip-Bu Tan as CEO. Tan departed in August due to disagreements over the chipmaker's direction, following several years of market underperformance.
MicroSectors Travel -3x Inverse Leveraged ETN (FLYD - Free Report) – Up 18.1% past week
The MicroSectors Travel -3x Inverse Leveraged ETN is linked to a three times inverse leveraged participation in the performance of the MerQube MicroSectors U.S. Travel Index, compounded daily, minus the applicable fees. Recession fears probably weighed on consumer discretionary areas like the travel industry.
Defiance Daily Target 2X Long SMCI ETF (SMCX - Free Report) – Up 17.6% past week
THE SMCI stock gained 11.6% last week.The Defiance Daily Target 2x Long SMCI ETF seeks daily leveraged investment results of two times the daily percentage change in the share price of Super Micro Computer, Inc.
STKd 100% SMCI & 100% NVDA ETF (SPCY - Free Report) – Up 17.5% past week
The NVDA stock has surged 10.8% last week. As a result, this ETF, which offers exposure to both SMCI and NVDA, jumped last week. Many investors are probably buying the dip in NVDA shares. The once-rockstar of Wall Street — chipmaker NVDA — has seen its shares falling 12% this year.
Direxion Daily MU Bull 2X Shares (MUU - Free Report) – Up 15.8% past week
Like many other semiconductor companies, Micron shares also jumped 12.4% last week. The Direxion Daily MU Bull 2X Shares seek daily investment results, before fees and expenses, of 200% of the performance of the common shares of Micron Technology, Inc.