Direxion Shares ETF Trust Direxion Daily AMZN Bull 2X Shares

AMZU

Market cap $355M

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.

Nvidia has been sitting pretty atop the list of largest companies. After its fiscal year 2026 Q2 earnings, it sent a message that it plans to remain there.

Recent jobs data has been discouraging. Inflation remains too high for many consumers' taste.

When it comes to spending, big tech companies have their wallets wide open, ready to use the credit card with no limit if necessary. This is especially the case when it comes to cloud computing spending alongside artificial intelligence (AI).