Market Overview
On Monday, Aug. 10, the Dow Jones Industrial Average slipped 0.11%, the S&P 500 edged 0.06% lower, and the Nasdaq Composite fell 0.32%.
ETF trading showed mixed breadth, with leveraged long and inverse products both active and dispersion elevated across exposures.
Top 5 US ETF Gainers
The fund targets two times the daily return of electric aircraft company Archer Aviation, and it climbed as the underlying shares advanced. Tradr 2X Long ACHR Daily ETF (ARCX) surged 25.07%.
Archer Aviation reported quarterly results that exceeded expectations on loss per share and revenue, and a major bank trimmed its price target while maintaining a positive rating.
The ETF seeks two times the daily move of Archer Aviation, tracking the underlying shares' advance during the session. Corgi ACHR 2x Daily ETF (ACHX) jumped 21.18%.
Designed to deliver two times the daily performance of the “P” shares referenced by the fund, the ETF rallied as the underlying exposure firmed intraday. GraniteShares 2x Long P Daily ETF (PUL) gained 19.51%.
This product amplifies, by two times, daily moves in the FIG shares, and it increased on the same upward impulse. Leverage Shares 2x Long FIG Daily ETF (FIGG) rose 17.49%.
The vehicle seeks two times the inverse of microreactor developer Oklo Inc., and it advanced as the underlying exposure weakened. Defiance Daily Target 2X Short OKLO ETF (OKLS) added 16.92%.
Top 5 US ETF Losers
Designed to deliver two times the daily performance of bitcoin mining company Bitdeer Technologies, the ETF tumbled as the underlying stock retreated. GraniteShares 2x Long BTDR Daily ETF (BTDL) sank 39.75%.
Bitdeer Technologies reported a wider quarterly loss as revenue growth lagged expectations, while one brokerage upgraded the shares.
The fund targets two times the daily return of compound semiconductor wafer supplier AXT Inc., and it declined as the shares weakened. Corgi AXTI 2x Daily ETF (AXTC) slid 34.03%.
The ETF seeks two times the daily move of AXT Inc., tracking the underlying shares' pullback during the session. T-REX 2X LONG AXTI DAILY TARGET ETF (AXTU) fell 33.62%.
This product amplifies, by two times, daily moves in AXT Inc., and it dropped alongside the stock’s retreat. Tradr 2X Long AXTI Daily ETF (AXTX) shed 33.47%.
The vehicle seeks two times the daily performance of AXT Inc., and it declined as the underlying exposure weakened. Leverage Shares 2X Long AXTI Daily ETF (AXTL) lost 33.45%.
Top 5 Equity Index ETFs
The fund targets three times the daily performance of the FTSE China 50 large-cap index, and the gain mirrored the benchmark's advance during the session. Direxion Daily FTSE China Bull 3X Shares (YINN) rose 2.54%.
The ETF seeks two times the daily move of the FTSE China 50, and it benefited from intraday strength in the underlying market. ProShares Ultra FTSE China 50 (XPP) added 1.80%.
The vehicle concentrates on U.S.-listed Chinese ADRs, and it participated in the broader upturn across those equities. Invesco Golden Dragon China ETF (PGJ) increased 1.62%.
The fund focuses on Chinese internet and e-commerce companies, and it climbed alongside sector strength. KraneShares CSI China Internet ETF (KWEB) advanced 1.60%.
The product provides three times inverse exposure to the Russell 2000 small-cap index and rose as small caps eased. Direxion Daily Small Cap Bear 3X Shares (TZA) gained 1.57%.
Top 5 Commodity ETFs
The fund targets two times the daily performance of West Texas Intermediate crude oil futures, and it rallied as crude strengthened. ProShares Ultra Bloomberg Crude Oil (UCO) jumped 11.38%.
The ETF seeks two times daily returns of U.S. energy equities, and it advanced with broad gains among oil and gas stocks. PROSHARES ULTRA ENERGY (DIG) climbed 9.59%.
The vehicle holds front-month West Texas Intermediate crude oil contracts, and the increase tracked the commodity's upswing. United States Oil Fund LP (USO) rose 6.73%.
The fund seeks two times the daily move of silver, and it climbed in step with the metal’s advance. ProShares Ultra Silver (AGQ) gained 6.53%.
The ETF tracks oilfield services and equipment companies, and it gained as the group firmed. VanEck Oil Services ETF (OIH) added 5.94%.
Top 5 Industry ETFs
The fund provides two times the daily performance of U.S. energy producers and service companies, and it benefited from sector strength. Direxion Daily Energy Bull 2x Shares (ERX) advanced 9.37%.
The ETF offers three times inverse exposure to semiconductor stocks and rose as chip names softened. Direxion Daily Semiconductors Bear 3x Shares (SOXS) increased 7.44%.
The fund represents large-cap U.S. energy equities and climbed alongside broad advances in the group. Energy Select Sector SPDR Fund (XLE) gained 4.68%.
The vehicle holds front-month natural gas futures contracts, and it added as gas prices firmed. United States Natural Gas Fund LP (UNG) rose 4.11%.
The product seeks three times inverse exposure to U.S. real estate stocks and increased as the property sector eased. Direxion Daily Real Estate Bear 3X Shares (DRV) advanced 3.90%.
Top 5 Bond ETFs
The fund invests in U.S. preferred securities with an income-oriented mandate, and it edged higher with the asset class. Virtus InfraCap U.S. Preferred Stock ETF (PFFA) rose 0.10%.
The ETF tracks U.S. Treasury inflation-protected securities with an intermediate target duration of three years, and the small gain reflected stable real yields. FlexShares iBoxx 3 Year Target Duration TIPS Index Fund (TDTT) added 0.04%.
The fund holds U.S. Treasury floating rate notes, and it inched up amid steady front-end rates. WisdomTree Floating Rate Treasury Fund (USFR) gained 0.04%.
The ETF focuses on short-term Treasury inflation-protected securities, and it posted a modest advance consistent with the segment's tone. Vanguard Short-Term Inflation-Protected Securities ETF (VTIP) increased 0.02%.
The vehicle invests in very short-maturity U.S. Treasury bills, and it was little changed in a quiet cash-like session. iShares Short Treasury Bond ETF (SHV) rose 0.01%.
Conclusion
A risk-on tone surfaced across ETFs, with leveraged single-stock vehicles posting outsized moves while energy-related products dominated gains. Inverse funds also advanced in select areas, particularly semiconductors and real estate, highlighting two-way interest across styles. Cross-asset leadership skewed toward commodities and energy equities, and dispersion between leveraged longs and their inverse counterparts was pronounced among products tied to the same underlyings.
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