Top Performing Leveraged/Inverse ETFs: 02/08/2026

Core Insights - The article highlights the top-performing leveraged and inverse ETFs for the week, showcasing significant returns driven by market dynamics and investor sentiment [1] Group 1: Top Performing Inverse ETFs - ProShares UltraShort Ether ETF (ETHD) led with a 47.24% weekly return, reflecting a risk-off sentiment due to hawkish Fed Chair nomination and a stronger dollar, resulting in forced liquidations and record ETF outflows [1] - ProShares UltraShort Bloomberg Natural Gas (KOLD) achieved a 34.24% return as U.S. natural gas prices fell sharply due to changing weather patterns and increased production [1] - ProShares UltraShort Bitcoin ETF (SBIT) gained approximately 29.31% as Bitcoin prices declined amid expectations of quantitative tightening following the Fed Chair nomination [1] - ProShares Short Ether ETF (SETH) also performed well with a 23.62% return, benefiting from a decline in Ether's price [1] Group 2: Top Performing Leveraged ETFs - Defiance Daily Target 2X Long SMCI ETF (SMCX) returned 33.27%, supported by Super Micro Computer's raised revenue guidance to $40 billion amid strong demand for AI infrastructure [1] - Direxion Daily Transportation Bull 3X Shares (TPOR) saw a 22.62% return as U.S. spot truck rates surged nearly 40% due to severe winter storms disrupting supply chains [1] - Direxion Daily Regional Banks Bull 3X Shares (DPST) performed well with a 21.62% return, driven by all-time high regional bank shares and increased M&A activity [1] - Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) returned over 21% due to a proposed housing program aimed at affordability and declining mortgage rates [1] - Direxion Daily MSCI Mexico Bull 3X Shares (MEXX) achieved over 18% returns, benefiting from broader market shifts and U.S. economic data [1] - Direxion Daily Dow Jones Internet Bear 3X Shares (WEBS) was included in the top performers as AI market enthusiasm faced scrutiny over valuations and earnings [1]