Against the current: Markets slid, yet ProShares Ultra VIX Short-Term Futures ETF, iPath Series B S&P 500 VIX Short-Term Futures ETN, ProShares VIX Short-Term Futures ETF went up and made this list of Friday's top etfs gainers.
Leading equity indices in the US declined as after dropping 1.45%, S&P 500 closed at 3,861.59. Nasdaq lost 1.76% and ended the session at 11,139.
Even though markets fell Friday, some etfs were bullish. Have a look at these Top Gainers from Friday's session:
ProShares Ultra VIX Short-Term Futures ETF | Up 20.66% to $6.25 Friday
A bright session dominated by bullish sentiment helped UVXY to close $1.07 higher, while setting a $5.22 to $6.83 session range.
IPath Series B S&P 500 VIX Short-Term Futures ETN | Up 11.41% to $52.93 Friday
Approximately 2 days ago, iPath Series B S&P 500 VIX Short-Term Futures ETN reached a significant high of $52.93 but has struggled to hold onto its gains and declined 10.24% since then.
+9%: TZA added 9% to close at $33.61 Friday
Direxion Daily Small Cap Bear 3X Shares closed Friday at $33.61 (with a daily low of $31.39) after ending Thursday at $30.84 and gaining 9%.
+10.51%: risk-on sentiment allowed VIXY to post 10.51% gain Friday
A bright session dominated by bullish sentiment helped VIXY to close $1 higher, while setting a $9.65 to $11.62 session range.