Direxion Shares ETF Trust Direxion Daily AMZN Bull 2X ETF

AMZU

Market cap $398M

Top Performing Levered/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Tariffs continue to be the wild card swaying markets, but traders can agree that it clears a pathway for potential ideas. The Supreme Court's landmark ruling that struck down presidential tariff authority could create a high-velocity trading environment—a perfect setup for Direxion's suite of leveraged-inverse ETFs.

Amazon coughed, and this ETF caught the flu. Believe it or not, this volatile fund performed as expected.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

The Direxion Daily Aerospace & Defense Bull 3X Shares ( NYSEARCA:DFEN ) is a leveraged ETF designed to amplify daily moves in the aerospace and defense sector by 3x.

Direxion Daily AMZN Bull 2X Shares ( NYSEARCA:AMZU ) offers 200% daily exposure to Amazon (NASDAQ:AMZN), but its mechanics reveal why it's designed for short-term traders, not income investors.

As one of the biggest tech juggernauts and a dominant leader in e-commerce, Amazon.com Inc. (NASDAQ: AMZN) has long represented a reliable investment. On paper, this reputation hasn't really changed, with AMZN stock gaining over 11% on a year-to-date basis.

Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.

Shares of Amazon (AMZN) slipped 5% October 10, joining other mega-cap growth stocks to the downside after the president renewed tariff threats against China. The specter of the White House potentially firing thousands of currently furloughed government workers didn't help matters for consumer cyclical stocks.

While advanced innovations such as artificial intelligence have buoyed the broader technology ecosystem, the sector has recently encountered significant pressure. As such, quite a few tech powerhouses have suffered volatility.