Market Overview
On Monday Nov 09, the Dow Jones Industrial Average advanced 2.15%, the S&P 500 rose 2.35%, and the Nasdaq Composite gained 2.74%.
ETF market tone was risk-on, with leveraged equity and commodity-linked products broadly firmer while short and volatility-linked funds eased.
Top 5 US ETF Gainers
Tradr 2X Long FLY Daily ETF (FLYT) jumped 34.23%. This product amplifies, by two times, daily moves in aerospace launch services company Firefly Aerospace and rallied alongside the company's upswing.
Firefly Aerospace said it was named among providers eligible for NASA's CLPS 2 lunar deliveries program.
Tradr 2X Long MPWR Daily ETF (MPWX) advanced 33.91%. The fund targets two times the daily return of power management chip designer Monolithic Power Systems, and it surged as the underlying shares advanced.
Corgi MPWR 2x Daily ETF (MPWC) gained 33.60%. Designed to deliver two times the daily performance of Monolithic Power Systems, the ETF climbed as the stock firmed.
Leverage Shares 2X Long COHR Daily ETF (COHH) rose 33.49%. The ETF seeks two times the daily move of optical components and laser manufacturer Coherent, tracking the underlying shares' advance during the session.
Coherent Corp. drew attention after a brokerage adjusted its price target for the company.
Tradr 2X Long COHR Daily ETF (COHX) added 33.37%. The product magnifies, by two times, daily moves in Coherent, and it rallied on the same upward impulse.
Top 5 US ETF Losers
Tradr 2X Short COHR Daily ETF (COHQ) tumbled 33.64%. The vehicle seeks two times the inverse of Coherent, and it declined as the underlying exposure firmed intraday.
Defiance Daily Target 2X Short ASTS ETF (ASTN) slid 27.81%. The vehicle seeks two times the inverse of satellite-to-smartphone communications company AST SpaceMobile, and it retreated as the stock strengthened.
2x Long VIX Futures ETF (UVIX) fell 27.24%. The fund targets two times the daily return of Cboe Volatility Index futures, and it dropped as volatility measures softened.
Defiance Daily Target 2X Short AMD ETF (DAMD) sank 26.67%. The fund provides two times inverse exposure to semiconductor company AMD, and it slid as the underlying shares advanced.
AMD shares were cited as rebounding alongside semiconductor peers.
Corgi HIMS 2x Daily ETF (HIMC) declined 23.72%. This product amplifies, by two times, daily moves in telehealth and wellness platform Hims & Hers Health, and it fell as the stock pulled back.
Top 5 Equity Index ETFs
ProShares UltraPro QQQ (TQQQ) rose 10.20%. The ETF targets three times the daily performance of the Nasdaq-100, and it benefited from the index's intraday strength.
Direxion Daily Small Cap Bull 3x Shares (TNA) advanced 9.62%. The fund seeks three times the daily move of U.S. small-cap equities via the Russell 2000 and participated in broad-based gains.
Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) added 8.46%. The product targets three times the daily performance of the MSCI Emerging Markets Index, mirroring the benchmark's climb.
iShares MSCI Taiwan ETF (EWT) gained 7.18%. The fund holds large- and mid-cap Taiwan equities tied to the MSCI Taiwan Index, and the move reflected the market's advance.
ProShares UltraPro S&P500 ETF (UPRO) increased 7.03%. The ETF seeks three times the daily performance of the S&P 500 and moved higher with the broad index.
Top 5 Commodity ETFs
Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) climbed 8.46%. The fund targets two times the daily performance of gold mining equities, and the gain tracked strength across miners.
ProShares Ultra Silver (AGQ) advanced 5.36%. The ETF seeks two times the daily move of silver prices, and it gained as the metal firmed.
ProShares UltraShort Bloomberg Crude Oil (SCO) rose 5.17%. The fund seeks two times inverse exposure to crude oil futures and increased as oil prices weakened.
Oil futures fell amid indications additional strikes on Iran were seen as unlikely.
VanEck Junior Gold Miners ETF (GDXJ) added 4.94%. The fund concentrates on small- and mid-cap gold miners and moved with the group's advance.
VanEck Gold Miners ETF (GDX) gained 4.41%. The ETF focuses on large-cap gold miners and mirrored the sector's strength.
Top 5 Industry ETFs
Direxion Daily Semiconductors Bull 3x Shares (SOXL) surged 22.25%. The ETF targets three times the daily performance of semiconductor manufacturers and benefited from the segment's strong session.
United States Natural Gas Fund LP (UNG) rose 7.81%. The fund provides exposure to front-month U.S. natural gas futures and advanced with the commodity.
VanEck Uranium and Nuclear ETF (NLR) increased 6.93%. The ETF holds uranium miners and nuclear power-related equities, and it moved higher with the theme.
SPDR S&P Metals & Mining ETF (XME) gained 5.49%. The fund concentrates on U.S. metals and mining equities and participated in the group's upswing.
VanEck Semiconductor ETF (SMH) advanced 5.05%. The ETF focuses on large semiconductor manufacturers and rose alongside the industry's rally.
Top 5 Bond ETFs
First Trust SSI Strategic Convertible Securities ETF (FCVT) added 2.28%. The fund invests in a diversified portfolio of convertible securities and moved higher with risk assets.
iShares Convertible Bond ETF (ICVT) rose 1.83%. The ETF provides broad exposure to U.S. convertible bonds and advanced with equity-sensitive credit.
SPDR Bloomberg Convertible Securities ETF (CWB) gained 1.75%. The fund holds a mix of U.S. convertible securities and benefited from supportive equity conditions.
Infracap REIT Preferred ETF (PFFR) increased 1.30%. The ETF focuses on preferred shares issued by U.S. REITs and edged higher alongside income-oriented credit.
Invesco Preferred ETF (PGX) advanced 1.21%. The fund invests in investment-grade preferred securities and participated in the day's credit bid.
Conclusion
Risk appetite strengthened across ETFs, with leveraged single-stock products and semiconductor vehicles driving outsized gains while inverse funds tied to the same underlyings lagged. Equity index leverage outperformed, and precious metals miners also advanced alongside silver, as oil-linked inverses firmed with crude’s pullback. Volatility-linked exposure weakened, underscoring a broad preference for beta and leverage during the session.
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