Let's Take A Look At This Weeks Highest Performing ETFs:

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Exchange Traded funds (ETFs) are excellent investment tools that can be purchased or sold on the stock market. Here are the highest performing ETFs this week that offer a wide variety of opportunities for investors.

1.  Direxion Daily Small Cap Bear 3X Shares- Up 526.87% Over 1 Month

Direxion Daily Small Cap Bear 3X Shares TZA is seeking daily investment results, of 300%, or 300% of the inverse, of the return of their benchmark index.

They recently underwent a 1-for-8 reverse split on March 3rd. The index measures the performance of small-capitalization companies in the Russell 3000® Index. The measurements are based on the market capitalization and current index membership or each company.

 2. Direxion Daily Financial Bear 3X Shares- Up 439.35% Over 1 Month 

Direxion Daily Financial Bear 3X Shares FAZ invests in financial opportunities that provide leveraged exposure to the index equal to at least 80% of the fund's assets. 

This index is a subset of the Russell 1000® Index. It focuses on measuring the performance of the securities classified in the financial services sector of the large-capitalization U.S. equity market.

3. MicroSectors U.S. Big Oil Index 3X Leveraged ETN - Up 105.01% Over 1 Month

MicroSectors U.S. Big Oil Index 3X Leveraged ETN NRGU is seeking a return of the notes to be linked in three-times leveraged participation of this stock's daily performance. This index provides exposure to Solactive MicroSectors U.S. Big Oil Index.

MicroSectors U.S. Big Oil Index 3X Leveraged ETN was up 33% in the past week. Their fund is up over 150% this year and they have over $534 million sitting in their asset base.

4. Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares- Up 62.63% Over 1 Month

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares GUSH is seeking daily investment results, before fees and expenses, of 200%, or 200% of the inverse based on the performance of the S&P Oil & Gas Exploration & Production Select Industry Index. 

They're trading an average daily volume of 2.5 million shares. This index measures the performance of a sub-industry or group of sub-industries for companies that work with oil and gas exploration and production. Energy stocks performed well this week as Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares shot up 33% this week.

5. Direxion Daily S&P Biotech Bear 3X Shares- Up 59.73% Over 1 Month

Direxion Daily S&P Biotech Bear 3X Shares LABD is seeking daily investment results, before fees and expenses, of 300%, or 300% of the inverse, of the performance of the S&P Biotechnology Select Industry Index. 

The Index measures the performance of the biotechnology sub-industry. Inverse leveraged biotech ETFs performed really well this past week due to rising interest rates.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.