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.
With plenty of market uncertainty to go around, equities have been mostly in the red the past month. However, for opportunistic traders, this could mean a red tag sale for names in the Magnificent Seven.
Direxion Daily AAPL Bull 2X Shares ETF (AAPU) offers leveraged exposure to Apple Inc., relying heavily on futures contracts and swaps. In this article, I talk about two key aspects of leveraged ETFs and how to play them. Volatility and momentum, the two aspects, are crucial when using leveraged ETFs such as AAPU to maximize returns.