5 Winning Leveraged ETFs of Last Week

Last week saw a risk-on rally led by chip stocks and leveraged ETFs. NVIDIA reclaimed a $5 trillion market cap as the Philadelphia Semiconductor Index extended an 18-day winning streak, fueling broad semiconductor strength. Several niche leveraged ETFs jumped sharply—ARMG (+91.9%) and NVTX (+88.2%) among the leaders—while energy-linked BNO rallied ~12.8% on Middle East tensions lifting oil. Market breadth was constructive: the S&P 500 rose ~0.7% and the Nasdaq-100 advanced ~2.4%, while Tesla reacted to Q1 results and higher capex guidance (initially +4% then -3.6%). Overall, the piece highlights bullish momentum in semiconductors and sector-specific leveraged ETFs, with commodity-driven upside in oil providing additional market support.