ProShares Ultra Energy

DIG

Market cap $64.6M

With crude rallying on the U.S.-Iran conflict, leveraged ETFs like DIG, ERX, GUSH and OILU offer bold plays on short-term energy momentum.

Oil price surge raises the appeal for leveraged energy ETFs as these offer huge gains in a very short time frame.

Investors could tap the bullish trend in the oil price with the help of leveraged ETFs to make quick profits, as these could see huge gains in a very short time frame compared to simple products.

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.

In Part I of my Top Picks For 2024, I explained why we saw such extreme valuation losses in most equity CEFs in 2023 and what that could-mean for 2024. In my opinion, liquidity was the over-riding factor for why so few stocks, think Magnificent 7, received the lion's share of buy-interest while most everything else suffered, including equity CEFs. But just because the Federal Reserve will continue its Quantitative Tapering doesn't mean that other Fed programs won't increase liquidity in other places.