4 Best-Performing Leveraged ETFs of Last Week

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Summary · why it matters

Wall Street offered a mixed performance last week, with the S&P 500 gaining about 1.2%, the Dow Jones losing about 0.5%, the Nasdaq Composite adding about 1.7%, and the Russell 2000 shedding about 0.6%. Tech stocks rallied, boosted by weak June jobs data that fueled speculation the Fed may hold off on rate hikes, benefiting growth-oriented sectors. The Dow Jones Industrial Average hit a record high of 53,000 for the first time on July 6, 2026, while fresh U.S.-Iran tensions pushed oil prices higher, with the United States Brent Oil Fund adding about 5.4%. SK Hynix made a blockbuster U.S. market debut, with its ADRs jumping about 13% on the first day after pricing at $149 apiece, raising approximately $26.5 billion in the largest U.S. IPO ever by a foreign company. Against this backdrop, the best-performing leveraged ETFs included the Defiance Daily Target 2x Short RKLB ETF, which surged 45.1% as Rocket Lab shares slumped about 19%, and the Direxion Daily BABA Bull 2X ETF, which gained 32.2% after Alibaba stock rose 15% on a bullish UBS note citing margin-expanding cloud growth. The Leverage Shares 2X Long HPE Daily ETF added 28.4% as Hewlett Packard Enterprise gained 16.2% on a record backlog and AI server demand, while the Defiance Daily Target 2X Long WYFI ETF rose 20.7% as WhiteFiber shares advanced 20.3% on AI infrastructure expansion.

Impact on assets 8

Artificial Intelligence▲ · 4 stocks
Space Economy▼ · 2 stocks
Semiconductors▲ · 1 stocks
SK Hynix Inc
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▲ PositiveCapitalrelevance

SK Hynix ADRs jumped about 13% on first day after pricing at $149, raising $26.5B in largest U.S. IPO by a foreign company.

Others▲ · 1 stocks
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