Market Overview

On Thursday, Oct 01, the Dow Jones Industrial Average rose 0.04%, the S&P 500 added 0.19%, and the Nasdaq Composite increased 0.04%.

ETF market breadth was constructive, with equity and commodity-linked products broadly firmer while short and inverse funds eased.

Top 5 US ETF Gainers

Tradr 2X Long COHR Daily ETF (COHX) jumped 22.13%. The fund targets two times the daily return of laser and optical components manufacturer Coherent Corp., and it rallied as the underlying shares advanced.

Coherent introduced an enhanced POLS platform to support high-speed AI data center connectivity and received a favorable new analyst initiation.

Leverage Shares 2X Long COHR Daily ETF (COHH) climbed 21.98%. The ETF seeks two times the daily move of Coherent Corp., tracking the underlying shares' advance during the session.

Corgi COHR 2x Daily ETF (COHC) gained 20.92%. This product amplifies, by two times, daily moves in Coherent Corp. and added alongside the company's upswing.

Tradr 2X Long LWLG Daily ETF (LWLX) surged 18.83%. Designed to deliver two times the daily performance of electro-optic materials developer Lightwave Logic, the ETF rallied as the shares advanced.

Tradr 2X Long AAOI Daily ETF (AAOX) rose 16.14%. The product magnifies, by two times, daily moves in photonic chip company Applied Optoelectronics, and it gained on the same upward impulse.

Top 5 US ETF Losers

Tradr 2X Short COHR Daily ETF (COHQ) fell 21.93%. The vehicle seeks two times the inverse of Coherent Corp., and it declined as the underlying exposure firmed intraday.

Defiance Daily Target 2X Long UMAC ETF (UMAL) sank 20.99%. The fund targets two times the daily return of UMAC, and it dropped as the underlying shares retreated.

Tradr 2X Short AAOI Daily ETF (AAOZ) slid 15.69%. The ETF provides two times inverse exposure to Applied Optoelectronics, and it declined as the stock firmed.

Tradr 2X Short LITE Daily ETF (LITZ) declined 15.32%. The vehicle seeks two times the inverse of Lumentum Holdings, and it fell as the underlying shares firmed.

Lumentum shares climbed amid broad strength across optical communication stocks.

Tradr 2X Long TEM Daily ETF (TEMT) retreated 12.96%. Designed to deliver two times the daily performance of healthcare AI platform Tempus AI, the ETF slipped as the shares pulled back.

Top 5 Equity Index ETFs

iShares MSCI South Korea ETF (EWY) added 1.82%. The fund holds large- and mid-cap South Korean equities via the MSCI South Korea benchmark, and the gain mirrored the index's advance during the session.

iShares MSCI Turkey ETF (TUR) advanced 1.78%. The ETF invests in Turkish equities based on the MSCI Turkey universe, and it moved higher with the country's stock benchmark.

Direxion Daily Small Cap Bull 3x Shares (TNA) rose 1.09%. The product targets three times the daily performance of the Russell 2000, and it benefited from the small-cap index's intraday strength.

ProShares UltraPro QQQ (TQQQ) increased 0.90%. The ETF seeks three times the daily move of the Nasdaq-100, participating in the index's advance.

ProShares Ultra Russell 2000 (UWM) gained 0.71%. The fund provides two times the daily performance of the Russell 2000, and it added as small caps firmed.

Top 5 Commodity ETFs

ProShares Ultra Energy (DIG) climbed 3.90%. The fund seeks two times the daily performance of U.S. energy equities, and the move reflected strength across oil and gas shares.

United States Oil Fund LP (USO) rose 2.99%. The ETF is tied to front-month West Texas Intermediate crude oil futures, and the gain tracked crude's advance.

Oil prices rose as supply concerns persisted despite signs that Middle East crude exports have recovered.

Direxion Daily Gold Miners Index Bear 2X Shares (DUST) advanced 2.51%. The fund targets two times inverse exposure to the NYSE Arca Gold Miners Index and increased as gold mining equities softened.

ProShares Ultra Bloomberg Crude Oil (UCO) added 2.34%. The ETF targets two times the daily move in WTI crude oil and rallied with the commodity.

ProShares Ultra Silver (AGQ) gained 2.05%. The fund delivers two times the daily change in silver prices, and it climbed alongside the metal's strength.

Top 5 Industry ETFs

Direxion Daily Semiconductors Bull 3x Shares (SOXL) jumped 3.94%. The ETF targets three times the daily performance of U.S. semiconductor equities, and it benefited from the group's intraday strength.

Direxion Daily Energy Bull 2X ETF (ERX) climbed 3.82%. The fund seeks two times the daily return of U.S. energy companies, and it advanced with the sector.

Energy Select Sector SPDR Fund (XLE) rose 1.95%. The ETF concentrates on large-cap U.S. energy companies, and it added as oil-linked shares firmed.

Direxion Daily Real Estate Bear 3X Shares (DRV) increased 1.80%. The fund delivers three times inverse exposure to U.S. real estate equities and rose as the sector softened.

VanEck Semiconductor ETF (SMH) advanced 1.45%. The ETF focuses on global semiconductor leaders and participated in the day's chip-led gains.

Top 5 Bond ETFs

Invesco Preferred ETF (PGX) gained 0.89%. The fund holds a portfolio of U.S. preferred securities, and it firmed amid steady demand for income assets.

SPDR ICE Preferred Securities ETF (PSK) added 0.89%. The ETF invests in preferred securities from U.S. issuers, and it gained alongside the space.

iShares New York Muni Bond ETF (NYF) rose 0.63%. The fund focuses on New York investment-grade municipal bonds, and it advanced with munis.

SPDR Nuveen ICE Municipal Bond ETF (TFI) increased 0.63%. The ETF holds a broad portfolio of U.S. municipal bonds, and it edged higher with the asset class.

iShares California Muni Bond ETF (CMF) advanced 0.54%. The fund targets California municipal debt, and it climbed in step with the broader muni market.

Conclusion

Single-stock leveraged products dominated the tape, with multiple Coherent-linked vehicles posting outsized gains while their inverse counterpart slumped, highlighting acute dispersion tied to optical communications. Strength in oil and semiconductors underpinned sector and commodity segments, with energy bulls and chip-focused funds advancing. Index-linked small-cap and Nasdaq-leveraged vehicles also firmed, and preferreds and munis edged higher within fixed income. The day’s action underscored a risk-on tilt across equities and commodities alongside clear divergence between leveraged longs and inverse products referenced above.

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