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Volatility Up Big, VIX And SPIKES ETFs Bounce - ETF Winners And Losers: Leveraged Returns

Benzinga ·  Oct 19, 2023 13:50

We performed a screening of leveraged ETFs to determine what funds had the largest positive and negative returns on the week, according to data from etfdb.com.

Winners

2x Long VIX Futures ETF (BATS:UVIX)

UVIX is up 24.77% over the trailing week.

The 2x Long VIX Futures ETF seeks to provide daily investment results, before fees and expenses, that correspond generally to twice the performance of the Long VIX Futures Index.

The fund has $684.50 million in AUM and an expense ratio of 2.78%.

UVIX is down 86.76% YTD.

ConvexityShares Daily 1.5x SPIKES Futures ETF (NYSE:SPKY)

SPKY is up 19.29% over the trailing week.

The ConvexityShares Daily 1.5x SPIKES Futures ETF seeks to move 1.5% for every 1% of daily movement in the SPIKES Futures Short-Term Index.

The fund has $0.60 million in AUM and an expense ratio of 0.79%.

SPKY is down 73.19% YTD.

Losers

Direxion Daily Homebuilders & Supplies Bull 3X Shares (NYSE:NAIL)

NAIL was down 18.39% on the week.

The Direxion Daily Homebuilders & Supplies Bull 3X Shares seeks daily investment results, before fees and expenses, of 300% of the performance of the Dow Jones U.S. Select Home Construction Index.

The fund has $175.30 million in AUM and an expense ratio of 0.98%. NAIL has holdings in 47 companies, with the 10 largest comprising 67.34% of the fund.

The fund's largest holdings are D.R. Horton, Inc. (NYSE:DHI) and Lennar Corporation Class A (NYSE:LEN) making up 12.76% and 11.03% of the fund, respectively.

YTD, NAIL is up 49.20%.

MicroSectors Travel 3x Leveraged ETN (NYSE:FLYU)

FLYU is down 16.78% on the week.

The MicroSectors Travel 3x Leveraged ETN seeks daily investment results, before fees and expenses, of 300% of the performance of the MerQube MicroSectors US Travel Index.

The fund has $48.99 million in AUM and an expense ratio of 0.95%.

The fund's largest holdings are The Walt Disney Co (NYSE:DIS) and Uber Technologies (NASDAQ:UBER) making up 14.26% and 9.41% of the fund, respectively.

YTD, FLYU is up 22.22%.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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