Let's Take A Look At This Weeks Highest Performing ETFs 5/7

Many investors utilize exchange-traded funds (ETFs) which are diversified securities that contain various investments including stocks, commodities, and bonds. Here are the top-performing ETFs this week that have been providing investors with consistent returns.

1. MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN- Up 723.26% Over 1 Month

MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN NRGD This ETN tracks -2x of the daily performance of the Solactive MicroSectors U.S. Big Oil Index, total return. This index is utilized to take short positions and uses derivatives to include the stocks from the energy sector. 

2. MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETN - Up 689.70% Over 1 Month

MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETN BNKD is linked to a 2x inverse leveraged participation in the performance of the Index which is compounded daily, minus the applicable fees. It provides exposure to the 10 largest U.S. banks and financial services companies and this ETN includes inverse leveraged exposure to the Solactive MicroSectors™ U.S. Big Banks Index.

3.  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. This is a short-term trading tool that uses ETF and index swaps to get its inverse exposure.

4.  iShares Morningstar Mid-Cap Growth ETF- Up 513.44% Over 1 Month

 iShares Morningstar Mid-Cap Growth ETF IMCG is a market-cap-weighted benchmark of US midcap stocks chosen for their growth characteristics. The selected growth stocks are described by IMCG as having above-average historical and forecasted earnings, revenue, equity, and cash flow growth.

5. iShares Morningstar Small-Cap Growth ETF - Up 496.11% Over 1 Month

iShares Morningstar Small-Cap Growth ETF ISCG follows a market-cap-weighted benchmark of small-cap growth stocks in the United States. The index selects stocks with a market capitalization of 90-99.5 percent that fall into Morningstar's growth style category.