Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
Despite initial fears surrounding tariffs and their effects on artificial intelligence stocks, the sell-off in early April hasn't been an unraveling of the AI trade. Subsequent Q1 earnings reports have been largely favorable.
Major indexes in the stock market have been upended by tariff news as of late. Tech has been taking the brunt of the blow as the Nasdaq-100 has been sliding since mid-February.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JA Jeff Ameen Spire Wealth Management | 700 | $22,624 | $25,956 | $3,332 | 14.73% |
| NASDAQ (NGS) Exchange | US Country |
The company manages a specialized investment fund designed to track the performance of AAPL (Apple Inc.) stocks, with a unique strategy of employing leveraged financial instruments. This strategy aims to offer investors twice the daily exposure to the price movements of AAPL stocks. It engages in significant investments, allocating at least 80% of its net assets, in addition to any borrowed funds, directly into AAPL securities and related financial instruments. These instruments include swap agreements and options that amplify the fund’s exposure to AAPL's stock price movements. The fund is characterized as non-diversified, meaning its investments are concentrated in a single, or a limited number of, sectors or investments.
This product focuses on investing directly in the securities of Apple Inc. (AAPL), one of the world’s leading technology companies. The fund dedicates at least 80% of its net assets, alongside any funds borrowed for investment purposes, to purchase AAPL stock, aiming to leverage the growth and performance of Apple as a core component of its investment strategy.
The fund employs leveraged financial instruments, including swap agreements and options, to provide investors with twice the daily exposure to the movements in AAPL’s stock price. These instruments are designed to enhance the potential returns (or losses) relative to the performance of AAPL stocks, offering a higher risk and reward profile for investors seeking significant exposure to Apple Inc.