Against the current: Markets slid, yet Direxion Daily FTSE China Bull 3X Shares, KraneShares CSI China Internet ETF, ProShares UltraPro Short QQQ went up and made this list of yesterday's top ETFs gainers.
Leading equity indices in the US declined as Nasdaq slipped 2.04% and closed at 10,971. S&P 500 shed 0.74% and closed at 3,830.6.
On the other hand, positive data was released earlier when United States Crude Oil Inventories improved upon its previous reading of -1.73 million with a new data release of 2.59 million.
Even though markets fell yesterday, some ETFs managed to go up. Have a look at these top gainers.
MicroSectors FANG+™ Index -3X Inverse Leveraged ETN | +6% at $64.31
Approximately 5 months ago, MicroSectors FANG+™ Index -3X Inverse Leveraged ETN reached a significant high of $89.45 but has struggled to hold onto its gains and declined 32.19% since then.
KraneShares CSI China Internet ETF | +8.46% at $20.64
A bright session dominated by bullish sentiment helped KWEB to close $1.61 higher, while setting a $19.39 to $21 session range.
ProShares UltraPro Short QQQ | +6.54% at $52.32
After ending Tuesday at $49.11, ProShares UltraPro Short QQQ went up to $52.56 only to drop back, yet still traded well overall and closed at $52.32 yesterday.
Direxion Daily FTSE China Bull 3X Shares | +11.54% at $25.81
After finishing Tuesday at $23.14, Direxion Daily FTSE China Bull 3X Shares went up to $26.36 before paring its losses and closing at $25.81.