Market Overview
On Friday Sep 25, the Dow Jones Industrial Average rose 0.93%, the S&P 500 added 0.51%, and the Nasdaq Composite advanced 0.48%.
ETF market tone was mixed to positive, with leveraged equity products advancing alongside selective strength in commodity-linked and inverse energy vehicles.
Top 5 US ETF Gainers
OPPORTUNISTIC TRADER ETF (WZRD) increased 27.26%. Designed to pursue opportunistic exposures across public markets, the ETF advanced as its underlying holdings strengthened during the session.
2x Sui ETF (SUIL) gained 24.25%. This product amplifies, by two times, daily moves in Sui and rallied alongside the token's upswing.
21Shares 2x Long Sui ETF (TXXS) jumped 22.97%. The fund targets two times the daily return of layer-1 blockchain token Sui, and it climbed as the underlying asset advanced.
Leverage Shares 2X Long MXL Daily ETF (MXLL) climbed 19.34%. The ETF seeks two times the daily move of communications chip designer MaxLinear, tracking the underlying shares' advance during the session.
Corgi BE 2x Daily ETF (BEC) rose 18.80%. The product magnifies, by two times, daily moves in solid-oxide fuel cell manufacturer Bloom Energy, and it rallied on the same upward impulse.
Bloom Energy jumped after Morgan Stanley reassures investors the company won’t be affected by Oracle’s force majeure notice.
Top 5 US ETF Losers
Defiance Daily Target 2X Long PURR ETF (PUR) fell 18.12%. The fund targets two times the daily return of digital asset treasury company Hyperliquid Strategies, and it declined as the underlying token retreated.
Hyperliquid Strategies Inc faces intensified selling pressure as regulatory scrutiny on its trading algorithms dominates sentiment.
T-REX 2X LONG PURR DAILY TARGET ETF (KATT) sank 18.04%. The ETF seeks two times the daily move of Hyperliquid Strategies, tracking the company's pullback during the session.
Tradr 2X Short BE Daily ETF (BEZ) slid 17.12%. The vehicle seeks two times the inverse of Bloom Energy, and it declined as the underlying exposure firmed intraday.
Corgi GME 2x Daily ETF (GMEC) retreated 13.29%. Designed to deliver two times the daily performance of video game retailer GameStop,, the ETF declined as the stock pulled back.
Ryan Cohen bought $26M of GameStop shares, yet GME still dropped 6.5% as holders book profits from its 28% monthly gain.
T-REX 2X Long GME Daily Target ETF (GMEU) dropped 12.71%. The fund targets two times the daily return of video game retailer GameStop, and it slipped as the underlying shares weakened.
Top 5 Equity Index ETFs
Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) rose 3.21%. The fund targets three times the daily performance of the MSCI Emerging Markets Index, and it benefited from the benchmark's intraday strength.
ProShares UltraPro Dow30 ETF (UDOW) added 2.66%. The ETF targets three times the daily performance of the Dow Jones Industrial Average, and the gain mirrored the index's advance.
Direxion Daily FTSE China Bear 3X Shares (YANG) increased 2.55%. The fund seeks three times inverse exposure to the FTSE China 50 Index, and it rose as large-cap Chinese equities softened.
iShares MSCI South Korea ETF (EWY) advanced 2.55%. The fund holds large- and mid-cap South Korean equities, and the move reflected the MSCI Korea benchmark's intraday advance.
iShares MSCI Japan ETF (EWJ) gained 2.21%. The fund holds large- and mid-cap Japanese equities, and the gain aligned with the MSCI Japan benchmark's rise.
Top 5 Commodity ETFs
ProShares UltraShort Bloomberg Crude Oil (SCO) rose 2.67%. The fund seeks two times inverse exposure to Bloomberg WTI crude oil futures, and it advanced as crude prices eased.
Oil prices fell as U.S.-Iran diplomacy and regional tensions remained in focus.
DB GOLD DOUBLE LONG EXCH TRADED NOTES (DGP) gained 2.00%. The notes target two times the daily performance of gold, and they advanced with the metal's uptick.
PROSHARES ULTRASHORT ENERGY (DUG) added 1.94%. The fund seeks two times inverse exposure to U.S. energy equities and rose as the sector softened.
ProShares Ultra Silver (AGQ) increased 1.81%. The ETF targets two times the daily performance of silver, and it climbed as the metal firmed.
Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) advanced 1.12%. The fund delivers two times the daily performance of the NYSE Arca Gold Miners Index, and it benefited from miners' intraday strength.
Top 5 Industry ETFs
Direxion Daily Semiconductors Bull 3x Shares (SOXL) rose 3.50%. The fund targets three times the daily performance of U.S. semiconductor stocks, and it benefited from the day's sector strength.
Direxion Daily Energy Bear 2X ETF (ERY) gained 1.86%. The fund provides two times inverse exposure to U.S. energy equities, and it rose as the group weakened.
SPDR S&P Homebuilders ETF (XHB) added 1.57%. The fund holds U.S. homebuilding and building-products companies, and it participated in the group's advance.
Direxion Daily Financial Bull 3X ETF (FAS) increased 1.49%. The fund targets three times the daily performance of U.S. financials, and it advanced with the sector.
Invesco Solar ETF (TAN) climbed 1.36%. The fund concentrates on global solar energy manufacturers and developers, and it added amid a modest sector uptick.
Top 5 Bond ETFs
iShares MBS ETF (MBB) rose 0.53%. The fund invests in U.S. agency mortgage-backed securities, and the gain reflected modest firming in the segment.
SPDR Portfolio Mortgage Backed Bond ETF (SPMB) gained 0.52%. The fund holds U.S. agency mortgage-backed securities, and it nudged higher with the cohort.
Vanguard Mortgage-Backed Securities ETF (VMBS) advanced 0.43%. The fund focuses on U.S. agency mortgage-backed securities, and it moved higher alongside similar exposures.
First Trust Emerging Markets Local Currency Bond ETF (FEMB) added 0.39%. The fund holds emerging-market sovereign and quasi-sovereign debt denominated in local currencies, and it moved higher with the asset class.
iShares 7-10 Year Treasury Bond ETF (IEF) increased 0.35%. The fund holds intermediate U.S. Treasury notes, and it edged higher as Treasuries firmed.
Conclusion
Risk appetite showed through in leveraged products, with crypto-linked longs and single-stock vehicles among the leading gainers while inverse exposure to Bloom Energy weakened. Energy bears and crude oil inverses also firmed, reflecting commodity-driven currents that supported related sector strategies. Equity index bulls outperformed across emerging markets and U.S. blue chips, while semiconductor leverage paced industry gains. Bond vehicles posted modest advances across mortgages and intermediate Treasuries, rounding out a session marked by notable dispersion between leveraged longs and their inverse counterparts.