Market Overview
On Wednesday, Aug. 12, the Dow Jones Industrial Average slipped 0.04% while the S&P 500 added 0.26% and the Nasdaq Composite advanced 0.54%.
ETF market breadth was constructive, with leveraged long products broadly firmer and several inverse vehicles under pressure. Commodity-linked funds were generally supported while risk appetite favored high-beta exposures.
Top 5 US ETF Gainers
Tradr 2X Long NBIS Daily ETF (NEBX) rallied 68.51%. The fund targets two times the daily return of AI cloud infrastructure provider Nebius, and the move reflected the underlying shares’ advance.
Nebius Group released second-quarter results as cloud revenue accelerated and the company was highlighted among cloud providers strengthening.
GraniteShares 2x Long NBIS Daily ETF (NBIL) gained 68.28%. Designed to deliver two times the daily performance of Nebius Group, the ETF climbed as the stock strengthened.
Leverage Shares 2X Long NBIS Daily ETF (NBIG) rose 68.07%. This product amplifies, by two times, daily moves in Nebius Group and advanced alongside the upswing.
Corgi NBIS 2x Daily ETF (NBIC) added 60.44%. The product magnifies, by two times, daily moves in Nebius Group, and it increased on the same upward impulse.
Tradr 2X Long QNT Daily ETF (QNTU) jumped 53.25%. The ETF seeks two times the daily move of Quantinuum, tracking the company’s intraday advance.
Top 5 US ETF Losers
Tradr 2X Short NBIS Daily ETF (NBIZ) slumped 67.76%. The vehicle seeks two times the inverse of Nebius Group, and it declined as the underlying exposure firmed intraday.
T-REX 2X INVERSE CRWV DAILY TARGET ETF (CORD) dropped 38.71%. The fund provides two times inverse exposure to cloud infrastructure company CoreWeave, and it fell as the shares advanced.
CoreWeave drew attention alongside other cloud infrastructure names amid signs of strengthening demand for AI compute capacity.
Defiance Daily Target 2X Short SMCI ETF (SMCZ) declined 38.64%. The vehicle targets two times inverse daily exposure to server hardware company Super Micro Computer, and it retreated as the stock strengthened.
Super Micro Computer was noted among technology shares showing renewed strength.
Tradr 2X Short LITE Daily ETF (LITZ) slid 26.71%. The product delivers two times inverse exposure to optical components maker Lumentum Holdings, and it eased as the shares firmed.
Lumentum was mentioned among technology stocks registering gains.
Tradr 2X Short BE Daily ETF (BEZ) fell 24.62%. The fund offers two times inverse exposure to solid-oxide fuel cell manufacturer Bloom Energy Corporation, and it slipped as the stock advanced.
Top 5 Equity Index ETFs
iShares MSCI South Korea ETF (EWY) rose 5.16%. The fund focuses on South Korean large- and mid-cap equities via the MSCI Korea benchmark, and the gain mirrored the index’s advance during the session.
Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) gained 4.65%. The ETF targets three times the daily performance of the MSCI Emerging Markets cohort, and it benefited from the index’s intraday strength.
Direxion Daily FTSE China Bear 3X Shares (YANG) advanced 3.60%. The product seeks three times inverse exposure to the FTSE China 50, and it increased as large-cap Chinese equities softened.
ProShares UltraShort FTSE China 50 (FXP) added 3.50%. The fund provides two times inverse exposure to the FTSE China 50, rising as the underlying index eased.
iShares MSCI Turkey ETF (TUR) climbed 2.66%. The fund holds Turkish equities in the MSCI Turkey universe, and the move tracked the benchmark’s upswing.
Top 5 Commodity ETFs
DB GOLD DOUBLE LONG EXCH TRADED NOTES (DGP) gained 5.03%. The ETN provides two times long exposure to gold prices, and it rallied as bullion firmed.
ProShares Ultra Gold (UGL) rose 2.01%. The fund seeks two times the daily performance of gold, and it advanced alongside the metal’s strength.
ProShares Ultra Silver (AGQ) added 1.95%. The vehicle targets two times the daily move in silver, and it increased as the metal strengthened.
Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) climbed 1.72%. The fund magnifies, by two times, daily performance of gold miners and participated in the group’s gains.
SPDR Gold ETF (GLD) advanced 0.99%. The fund holds bullion to reflect spot gold prices, and the uptick tracked the metal’s firm tone.
Top 5 Industry ETFs
Direxion Daily Semiconductors Bull 3x Shares (SOXL) jumped 6.89%. The ETF targets three times the daily performance of U.S. semiconductor stocks and benefited from the industry’s strength.
Direxion Daily Real Estate Bull 3X Shares (DRN) added 2.79%. The fund seeks three times the daily move of U.S. real estate companies, rising as property equities firmed.
iShares U.S. Telecommunications ETF (IYZ) rose 2.59%. The fund tracks U.S. telecommunications services providers, and it advanced with the group’s broad-based gains.
VanEck Semiconductor ETF (SMH) gained 2.08%. The fund concentrates on large semiconductor manufacturers and participated in the day’s sector-wide strength.
ProShares Ultra Real Estate (URE) increased 1.75%. The fund seeks two times the daily performance of U.S. real estate equities, and the move echoed the sector’s positive tone.
Top 5 Bond ETFs
First Trust SSI Strategic Convertible Securities ETF (FCVT) climbed 2.78%. The fund holds global convertible securities, and the gain reflected firming across the convertible bond segment.
iShares Convertible Bond ETF (ICVT) advanced 2.50%. The ETF focuses on U.S. convertible bonds, and it rose alongside strength in hybrid debt.
SPDR Bloomberg Convertible Securities ETF (CWB) gained 2.15%. The fund is benchmarked to U.S. convertible securities, and the increase tracked the segment’s upswing.
VanEck Preferred Securities ex Financials ETF (PFXF) added 1.00%. The fund invests in preferred securities excluding financial issuers, and it firmed with broader preferreds.
Virtus InfraCap U.S. Preferred Stock ETF (PFFA) rose 0.81%. The fund holds U.S. preferred stocks and participated in the day’s bid for income-oriented credit.
Conclusion
Risk appetite skewed toward leveraged longs, with products tied to high-growth technology and AI infrastructure leading advances while inverse exposures to the same themes moved sharply lower. Strength in semiconductors and real estate-focused vehicles added to the positive tone, and gold-related funds also gained. Convertible and preferred bond ETFs posted steady increases, complementing equity momentum. The session showcased pronounced dispersion between leveraged products and their inverse counterparts, particularly around single-name and thematic cloud exposures.