5 Leveraged ETFs That Gained More Than 30% to Start 2023

Zacks2023-01-18

Wall Street staged a solid comeback at the start of 2023 as risk-on trading returned on hopes of easing inflation and the Fed’s slower rate hike path. The Dow Jones Industrial Average and the S&P 500 ...

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The Dow Jones Industrial Average and the S&P 500 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-leveraged-etfs-gained-more-161004079.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Leveraged ETFs That Gained More Than 30% to Start 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Leveraged ETFs That Gained More Than 30% to Start 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-18 00:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/5-leveraged-etfs-gained-more-161004079.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street staged a solid comeback at the start of 2023 as risk-on trading returned on hopes of easing inflation and the Fed’s slower rate hike path. The Dow Jones Industrial Average and the S&P 500 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-leveraged-etfs-gained-more-161004079.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HIBL","symbol_name":"Direxion Daily S&P 500 High Beta Bull 3X Shares","start_time":0,"source_url":"https://finance.yahoo.com/news/5-leveraged-etfs-gained-more-161004079.html","article_id":"2304547773","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/T4smzHxhapXhFbRS_XhTkQ--~B/aD02MDA7dz05MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/60c79fd85a4cf8b5617ba4356ac54b85"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2304547773","pubTimestamp":1673971804,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Wall Street staged a solid comeback at the start of 2023 as risk-on trading returned on hopes of eas","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"161125":"标普500","513500":"标普500ETF","HIBL":"Direxion Daily S&P 500 High Beta Bull 3X Shares","BK4559":"巴菲特持仓","IVV":"标普500指数ETF","SH":"标普500反向ETF","SDS":"两倍做空标普500ETF","EVAV":"DIREXION DAILY ELECTRIC AND AUTONOMOUS VEHICLES BULL 2X SHARES","BK4550":"红杉资本持仓","SPXU":"三倍做空标普500ETF","GDXU":"MicroSectors Gold Miners 3x Leveraged ETN","COMP":"Compass, Inc.","UPRO":"三倍做多标普500ETF","BK4079":"房地产服务","BK4581":"高盛持仓","SPY":"标普500ETF","BK4504":"桥水持仓","SOXL":"三倍做多半导体ETF-Direxion Daily","FLYU":"MicroSectors Travel 3x Leveraged ETN","BK4539":"次新股",".SPX":"S&P 500 Index","OEF":"标普100指数ETF-iShares","OEX":"标普100","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","SSO":"两倍做多标普500ETF"},"translate_title":"2023年初上涨超过30%的5只杠杆ETF","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"161125":0.6,"513500":0.6,"SOXL":1,"EVAV":1,"FLYU":1,"HIBL":1,"GDXU":1,"SPY":0.9,"COMP":0.9,"UPRO":0.6,".SPX":0.6,"SSO":0.6,"SPXU":0.6,"SH":0.6,"SDS":0.6,"OEX":0.6,"OEF":0.6,"IVV":0.6,"ESmain":0.6},"content_text":"Wall Street staged a solid comeback at the start of 2023 as risk-on trading returned on hopes of easing inflation and the Fed’s slower rate hike path. The Dow Jones Industrial Average and the S&P 500 Index climbed 3.5% and 4.2%, respectively, while the tech-heavy Nasdaq Composite Index gained 5.8% (read: 5 Stocks Powering Nasdaq ETF to Start 2023).This has resulted in huge demand for leveraged ETFs as investors sought to register big gains in a short span. We highlight a bunch of the best-performing leveraged equity ETFs from different corners of the market that gained more than 30% to start 2023. These include MicroSectors Travel 3x Leveraged ETN FLYU, MicroSectors Gold Miners 3X Leveraged ETN GDXU, Direxion Daily Semiconductor Bull 3x Shares SOXL, Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares EVAV and Daily S&P 500 High Beta Bull 3X Shares HIBL. These funds will continue to be investors’ darlings, at least in the near term, provided the sentiments remain bullish.Markets expect that the Fed could soon signal an end to its rate hiking cycle, propelling high growth and high beta sectors higher.Inflation is easing and consumer confidence is rising, reflecting that the stock market will likely move higher. U.S. consumer prices unexpectedly fell for the first time in more than two-and-a-half years in December. Americans are regaining confidence in the U.S. economy, with the sentiment bouncing back in December and January and reversing consecutive declines in October and November. The US Michigan consumer sentiment survey hit a nine-month high of 64.6 in January, up from 59.7 in December.A moderation in wage increases and a decline in U.S. services activity in December signal a slowdown in the U.S. economy and buoyed hopes of a less hawkish stance from the Fed. The latest job report showed that the United States added 223,000 jobs in December and the unemployment rate fell to 3.5%, matching a 50-decade low. However, wage growth lost momentum. All these factors have boosted investors’ risk appetite (read: 6 Sector ETFs That Show Promise After December Jobs Data).We have profiled the ETFs in detail below:MicroSectors Travel 3x Leveraged ETN (FLYU) – Up 65.5%MicroSectors Travel 3x Leveraged ETN offers three times (3X or 300%) exposure to the performance of the MerQube MicroSectors U.S. Travel Index. It has accumulated $5.2 million in its asset base since its debut in late June and charges 95 bps in annual fees.  MicroSectors Travel 3x Leveraged ETN trades in a paltry volume of 2,000 shares per day on average.MicroSectors Gold Miners 3X Leveraged ETN (GDXU) – Up 43.4%MicroSectors Gold Miners 3X Leveraged ETN seeks to deliver three times the performance of the S-Network MicroSectors Gold Miners Index. It has amassed $146.2 million in its asset base and charges 95 bps in annual fees (read: Gold Set to Shine in 2023: Bet on These ETFs).MicroSectors Gold Miners 3X Leveraged ETN trades in an average daily volume of 283,000 shares.Direxion Daily Semiconductor Bull 3x Shares (SOXL) – Up 33.9%Direxion Daily Semiconductor Bull 3x Shares targets the semiconductor corner of the technology sector with three times leveraged exposure to the ICE Semiconductor Index. Direxion Daily Semiconductor Bull 3x Shares has amassed about $4.5 billion in its asset base, while charging 89 bps in fees per year.Volume is good as it exchanges 93.4 million shares per day on average.Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV) - Up 33%Direxion Daily Electric and Autonomous Vehicles Bull 2X Shares seeks to track the two times performance of the Indxx US Electric and Autonomous Vehicles Index. It has accumulated $2.7 million in its asset baseDirexion Daily Electric and Autonomous Vehicles Bull 2X Shares charges 95 bps in annual fees and trades in an average daily volume of 22.000 shares.Daily S&P 500 High Beta Bull 3X Shares (HIBL) – Up 31.7%Daily S&P 500 High Beta Bull 3X Shares offers three times exposure to the performance of the S&P 500 High Beta Index. The index selects 100 securities to include in the index from the S&P 500 Index that have the highest sensitivity to market movements, or “beta” over the past 12 months.Daily S&P 500 High Beta Bull 3X Shares has gathered $69.8 million in its asset base and trades in an average daily volume of 226,000 shares. The fund charges 95 bps in fees per year from its investors.\nBottom Line\nAs a caveat, investors should note that these products are extremely volatile and suitable only for short-term traders. Additionally, the daily rebalancing — when combined with leverage — may make these products deviate significantly from the expected long-term performance figures (see: all the Leveraged Equity ETFs here).Still, for ETF investors bullish on U.S. stocks for the near term, either of the above products can be an interesting choice. Clearly, a near-term long could be intriguing for those with high-risk tolerance and a belief that the trend is a friend in this corner of the investing world.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nDirexion Daily Semiconductor Bull 3X Shares (SOXL): ETF Research Reports\nDirexion Daily S&P 500 High Beta Bull 3X Shares (HIBL): ETF Research Reports\nMicroSectors Gold Miners 3X Leveraged ETNs (GDXU): ETF Research Reports\nMicroSectors Travel 3X Leveraged ETNs (FLYU): ETF Research Reports\nDirexion Daily Electric and Autonomous Vehicles Bull 2X Shares (EVAV): ETF Research Reports\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2304547773"}