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IREN-heavy leveraged ETFs surged more than 55% as funding concerns eased.
Bloom Energy ETFs jumped over 40% on S&P 500 inclusion and AI power demand.
Eos, Hut 8 and SanDisk ETFs rallied on data-center and memory tailwinds.
Wall Street was upbeat last week. State Street SPDR S&P 500 ETF Trust (SPY - Free Report) added about 0.4% over the past week, State Street SPDR Dow Jones Industrial Avg ETF Trust (DIA - Free Report) advanced about 0.2% over the past week, Invesco QQQ Trust, Series 1 (QQQ - Free Report) advanced about 0.6% over the past week, and iShares Russell 2000 ETF (IWM - Free Report) gained 0.3% over the past week.
Last week was marked by rising rates, although the AI trade kept the broader market charged-up. Against this backdrop, below we highlight a few of the top-performing leveraged ETFs of last week.
ETFs in Focus
Iren-Heavy ETFs
Tradr 2X Long IREN Daily ETF (IREX - Free Report) – Up 56.1%
Leverage Shares 2X Long IREN Daily ETF IREG – Up 55.5%
IREN Limited (IREN - Free Report) shares surged 25.4% over the past week (as of Sept. 3, 2026).
Management noted that customer prepayments can cover 45–55% of GPU capex and lenders can fund most of the rest. That directly addressed investor fears of large ATM/convertible raises after the Q4 print, per 247 Wall Street.
IREN also announced last week a senior secured financing package to fund GPU purchases for its AI cloud business. The market viewed this as validation that its $25–30 billion FY27 capex plan can be funded largely via debt/prepayments rather than heavy equity dilution.
Tradr 2X Long BE Daily ETF (BEX - Free Report) – Up 41.7%
Bloom Energy (BE - Free Report) shares surged 21% over the past week (as of Sept. 3, 2026).
Bloom Energy will join the S&P 500 before the market opens on September 21, 2026, following an announcement by S&P Dow Jones Indices. In addition to this upbeat news, strong fundamentals tied to AI data-center power demand are in place.
Eos Energy Enterprises Inc (EOSE - Free Report) shares surged 20.2% over the past week (Sept. 3, 2026).
Eos, MN8 Energy, and Google announced a $350 million integrated solar plus storage development in Kanawha County, WV, designed to deliver 24/7 clean power to Google’s regional data centers via the PJM grid. The project includes 10 MW/100 MWh of Eos’ Z3 zinc based long duration storage, with commercial operations ramping up between 2028–2030, per Investors Hub, as mentioned on Yahoo Finance.
Hut 8-Heavy ETFs
Leverage Shares 2X Long HUT Daily ETFHUTG – Up 35.2%
Hut 8 Corp. (HUT - Free Report) shares added 17.3% over the past week (as of Sept. 3, 2026).
Hut 8 is developing a data center in Nueces County, Texas, that will be leased by NVIDIA as part of a new $35 billion cloud-computing deal between Anthropic and NVIDIA-backed Lambda, according to a new report from the WSJ, as mentioned on Yahoo Finance.
SanDisk-Heavy ETFs
T-REX 2X Long SNDK Daily Target ETF SNDU – Up 35.2%
SanDisk Corp. (SNDK - Free Report) shares added 17% over the past week (as of Sept. 3, 2026).
SanDisk joined the Nasdaq-100 Index in April 2026 and is scheduled to join the S&P 100 Index on September 21, 2026. SanDisk was added to the MSCI USA Standard / MSCI Global Indexes, with the change effective after the August 31 close. Sector-wide supply tightness also added to the rally.
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Image: Bigstock
5 Leveraged ETF Areas of Last Week
Key Takeaways
Wall Street was upbeat last week. State Street SPDR S&P 500 ETF Trust (SPY - Free Report) added about 0.4% over the past week, State Street SPDR Dow Jones Industrial Avg ETF Trust (DIA - Free Report) advanced about 0.2% over the past week, Invesco QQQ Trust, Series 1 (QQQ - Free Report) advanced about 0.6% over the past week, and iShares Russell 2000 ETF (IWM - Free Report) gained 0.3% over the past week.
Last week was marked by rising rates, although the AI trade kept the broader market charged-up. Against this backdrop, below we highlight a few of the top-performing leveraged ETFs of last week.
ETFs in Focus
Iren-Heavy ETFs
Tradr 2X Long IREN Daily ETF (IREX - Free Report) – Up 56.1%
Leverage Shares 2X Long IREN Daily ETF IREG – Up 55.5%
IREN Limited (IREN - Free Report) shares surged 25.4% over the past week (as of Sept. 3, 2026).
Management noted that customer prepayments can cover 45–55% of GPU capex and lenders can fund most of the rest. That directly addressed investor fears of large ATM/convertible raises after the Q4 print, per 247 Wall Street.
IREN also announced last week a senior secured financing package to fund GPU purchases for its AI cloud business. The market viewed this as validation that its $25–30 billion FY27 capex plan can be funded largely via debt/prepayments rather than heavy equity dilution.
Bloom Energy-Heavy ETFs
Corgi BE 2x Daily ETF (BEC - Free Report) – Up 42.1%
Tradr 2X Long BE Daily ETF (BEX - Free Report) – Up 41.7%
Bloom Energy (BE - Free Report) shares surged 21% over the past week (as of Sept. 3, 2026).
Bloom Energy will join the S&P 500 before the market opens on September 21, 2026, following an announcement by S&P Dow Jones Indices. In addition to this upbeat news, strong fundamentals tied to AI data-center power demand are in place.
Eos Energy-Heavy ETFs
Corgi EOSE 2x Daily ETF EO – Up 36.6%
Eos Energy Enterprises Inc (EOSE - Free Report) shares surged 20.2% over the past week (Sept. 3, 2026).
Eos, MN8 Energy, and Google announced a $350 million integrated solar plus storage development in Kanawha County, WV, designed to deliver 24/7 clean power to Google’s regional data centers via the PJM grid. The project includes 10 MW/100 MWh of Eos’ Z3 zinc based long duration storage, with commercial operations ramping up between 2028–2030, per Investors Hub, as mentioned on Yahoo Finance.
Hut 8-Heavy ETFs
Leverage Shares 2X Long HUT Daily ETF HUTG – Up 35.2%
Hut 8 Corp. (HUT - Free Report) shares added 17.3% over the past week (as of Sept. 3, 2026).
Hut 8 is developing a data center in Nueces County, Texas, that will be leased by NVIDIA as part of a new $35 billion cloud-computing deal between Anthropic and NVIDIA-backed Lambda, according to a new report from the WSJ, as mentioned on Yahoo Finance.
SanDisk-Heavy ETFs
T-REX 2X Long SNDK Daily Target ETF SNDU – Up 35.2%
Corgi SNDK 2x Daily ETF SNDC – Up 34.9%
SanDisk Corp. (SNDK - Free Report) shares added 17% over the past week (as of Sept. 3, 2026).
SanDisk joined the Nasdaq-100 Index in April 2026 and is scheduled to join the S&P 100 Index on September 21, 2026. SanDisk was added to the MSCI USA Standard / MSCI Global Indexes, with the change effective after the August 31 close. Sector-wide supply tightness also added to the rally.