Shares of the following exchange traded funds are more than 15% higher than 90 days ago and trading within 9% of their 52-week highs.
Direxion Daily Healthcare Bull 3X Shares CURE is more than 26% higher year to date but trading about where it was a month ago. The nondiversified fund creates long positions by investing at least 80% of its net assets in the equity securities that comprise the Health Care Select Sector Index, or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: futures contracts, swap agreements and short positions.
Direxion Daily Large Cap Bull 3X Shares BGU is up more than 40% from the beginning of the year, including up almost 7% in the past week. The nondiversified fund creates long positions by investing at least 80% of its net assets in the equity securities that comprise the Russell 1000 Index, or financial instruments that provide leveraged and unleveraged exposure to the index. These financial instruments include: futures contracts, swap agreements and short positions.
Direxion Daily Real Estate Bull 3X Shares DRN is about 48% higher year to date, as well as up about 9% in the past week. The investment seeks daily investment results of 300% of the performance of the MSCI US REIT Index. The nondiversified fund normally creates long positions by investing at least 80% of its net assets in the equity securities that comprise the index, or financial instruments that provide leveraged and unleveraged exposure to the index.
See also: S&P: Look to ETFs Holding Multi-Family REITs
ProShares Ultra Nasdaq Biotechnology BIB is up more than 42% year to date, including about 7% higher in the past week. This investment seeks daily investment results that correspond to twice (2x) the daily performance of the underlying index. The nondiversified fund concentrates its investments in a particular industry or group of industries to approximately the same extent as the index. Alexion Pharmaceuticals ALXN is one top holding.
ProShares UltraPro QQQ TQQQ is up more than 69% since the beginning of the year, including about 10% in the past week. The investment seeks daily investment results that correspond to three times (3x) the daily performance of the underlying index. Assets of the fund not invested in equity securities or derivatives typically are held in money market instruments. Top holdings include Apple AAPL, Microsoft MSFT and Google GOOG.
ProShares UltraPro S&P 500 UPRO is up more than 40% since the beginning of the year, including rising more than 7% in the past week. This investment seeks daily investment results that correspond to three times (3x) the daily performance of the underlying index. The nondiversified fund concentrates its investments in a particular industry or group of industries to approximately the same extent as the index. Apple and Exxon Mobil XOM are top holdings.
See also: ETFs to Sell in May and Go Away
ProShares Ultra Russell 1000 Growth UKF is more than 30% higher since the beginning of the year and trading near the 52-week high. This investment seeks daily investment results that correspond to twice (2x) the daily performance of the underlying index. The nondiversified fund concentrates its investments in a particular industry or group of industries to approximately the same extent as the index. Top holdings include Apple, Exxon and IBM IBM.
ProShares Ultra Technology ROM is more than 40% higher year to date, despite pulling back about 5% in the past month. The investment seeks daily investment results that correspond to twice (2x) the daily performance of the underlying index. Assets of this nondiversified fund not invested in equity securities or derivatives typically are held in money market instruments. Top holdings include Apple, IBM, Google and Intel INTC.
Teucrium Soybean SOYB is trading about 15% higher than three months ago. The investment seeks to have the daily changes in percentage terms of the funds NAV per share reflect the daily changes in percentage terms of a weighted average of the closing settlement prices for the three soybean futures contracts. The fund invests normally in Benchmark Component Futures Contracts or in other Soybean Futures Contracts trade on the CBOT or on foreign exchange.
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Bullish: Investors may also want to consider the following trades:
- ProShares Short VIX Short-Term Futures ETF SVXY is almost 88% higher year to date.
- UBS E-TRACS Daily Short 2-Month S&P 500 VIX Futures ETN BBVX is more than 49% higher year to date.
- iPath Inverse S&P 500 VIX Short-Term Futures ETN II IVOP is about 44% higher year to date.
- Apple AAPL is up almost 44% year to date.
- Alexion Pharmaceuticals ALXN is up more than 28% year to date.
- Microsoft MSFT is up more than 24% year to date.
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Posted In: Long IdeasShort IdeasTrading IdeasETFsAlexion PharmaceuticalsAppleETFsExchange Traded FundsExxon MobilGoogleIBMIntelMicrosofttechnology ETFsTeucrium Soybean
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