Wall Street Bounces Back: Top-Performing ETFs Of Last Week

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Wall Street ended a two-week losing streak, with the S&P 500 closing just 0.07% below its record high. The rally was fueled by investor optimism despite tariff-related announcements from President Donald Trump and mixed inflation data.

The S&P 500 gained 1.5%, the Nasdaq surged 2.6%, and the Dow rose 0.5%. Sector-wise, Information Technology led the gains, while Healthcare lagged.

Among ETFs, five stood out as last week's top performers.

GraniteShares 2x Long SMCI Daily ETF SMCL soared alongside Super Micro Computer Inc. SMCI, delivering significant leveraged gains.

  • Weekly Gains: 63.98%
  • Focus: Aims to mirror daily investment results of 2 times the daily percentage change of Super Micro Computer.
  • Expense Ratio: 1.5%

ProShares Ultra Bloomberg Natural Gas ETF BOIL rallied as natural gas prices rebounded from recent lows.

  • Weekly Gains: 23.75%
  • Focus: Offers 2x daily leveraged exposure to natural gas aiming to catch big swings in price over a relatively short period. 
  • Expense Ratio: 0.95%

PLUS Korea Defense Industry Index ETF KDEF was propelled by South Korea's growing defense spending.

  • Weekly Gains: 15.09%
  • Focus: Offers investment results that reflects the total return performance of the Korea Defense Industry Index. 
  • Expense Ratio: 0.65%

ProShares Ultra FTSE China 50 ETF XPP gained on renewed interest in Chinese equities.

  • Weekly Gains: 14.16%
  • Focus: Offers 2x daily long leverage to the FTSE/Xinhua China 25 Index. This makes it an ideal tool for investors with a bullish short-term outlook for Chinese equities.
  • Expense Ratio: 0.95%

ProShares Ultra Semiconductors ETF USD benefited from bullish sentiment in chip stocks last week.

  • Weekly Gains: 10.46%
  • Focus: Offers 2 times daily long leverage to the Dow Jones U.S. Semiconductors Index.
  • Expense Ratio: 0.95%

Also Read: Inflation Rises More Than Expected In January, Chills Interest Rate Cut Hopes

What Happened In The Market Last Week?

Among individual stocks, Super Micro Computer was the biggest gainer in the S&P 500, surging 32%, followed by Intel INTC gaining 24%. On the downside, West Pharmaceutical Services WST fell 33%, leading the week's worst performers.

With investors digesting economic data and global trade developments, attention now shifts to the week ahead, where key earnings reports and macroeconomic events could set the tone for market direction.

Wall Street rebounded after two weeks of losses. Investor sentiment improved despite geopolitical and inflation concerns.

The week also saw Trump announce a 25% tariff on steel and aluminum imports. However, the lack of immediate enforcement helped ease market fears. Inflation data also influenced sentiment, with a hotter-than-expected consumer report midweek offset by a softer producer inflation reading on Thursday.

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