ETF Daily | SNXX Surges 21%; MULL Jumps 20%; AGQ Gains 9%; SOXL Rises 7%; Risk-On Into Semis and Metals

Market Overview

U.S. equities were largely steady, with the S&P 500 essentially unchanged and the Dow and Nasdaq marginally softer into the close. Across ETFs, the tape signaled a risk-on tilt led by semiconductors, precious metals and energy, while financials trailed; leveraged growth vehicles featured among leaders and inverse commodity products were prominent among laggards.

Top 5 US ETF Gainers

GraniteShares 2x Long VRT Daily ETF (VRTL) soared 48.77%. The fund provides twice the daily return of Vertiv Holdings (VRT), so the strength in its underlying single stock amplified into outsized gains for this leveraged vehicle.

Tradr 2X Long SNDK Daily ETF (SNXX) jumped 20.60%. Designed to deliver two times the daily performance of SanDisk (SNDK), the product’s leveraged structure magnified the underlying stock’s advance.

GraniteShares 2x Long MU Daily ETF (MULL) climbed 19.92%. The ETF targets double the daily move of Micron Technology (MU), and its leveraged profile translated the underlying’s rally into a larger percentage move.

Direxion Daily MU Bull 2X Shares (MUU) gained 19.92%. This fund also seeks twice the daily return of Micron Technology (MU), with its methodology producing amplified results relative to the single equity’s change.

Defiance Daily Target 2X Short HOOD ETF (HOOZ) advanced 17.80%. Offering two times the inverse daily exposure to Robinhood Markets (HOOD), the ETF benefits when the underlying stock declines, and the targeted short leverage accentuates that effect.

Top 5 US ETF Losers

Tradr 2X Long U Daily ETF (UNX) recorded a decline of 54.95% as shares of ride-hailing company Uber Technologies weakened sharply, amplifying losses through its double-leveraged daily exposure structure.

Tradr 2X Long ALAB Daily ETF (LABX) fell 43.16% as semiconductor company Astera Labs experienced significant selling pressure, with the fund’s 2x leverage magnifying the underlying stock’s downturn.

Tradr 2X Long LYFT ETF (LYFX) dropped 35.09% following a steep retreat in shares of ride-hailing company Lyft, with the leveraged format intensifying the negative daily move.

Tradr 2X Long UPST ETF (UPSX) slid 30.12% as fintech lending platform Upstart Holdings declined markedly, and the ETF’s daily leveraged design amplified the pullback.

T-Rex 2X Long UPXI ETF (PXIU) retreated 29.71% amid heavy losses in shares of consumer products company Upexi, with the double-leveraged structure accelerating the downward movement.

Top 5 Equity Index ETFs

iShares MSCI South Korea ETF (EWY) gained 4.94%. The fund tracks the MSCI South Korea index, and its move reflects a broad advance across large- and mid-cap Korean equities in its basket.

Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) rose 4.46%. As a triple-leveraged vehicle tied to emerging markets, the product magnifies daily moves in its underlying MSCI EM exposure, boosting results in a constructive session.

iShares MSCI Taiwan ETF (EWT) added 2.67%. The ETF mirrors Taiwanese large- and mid-cap equities via MSCI Taiwan, with its performance reflecting strength across the market’s index constituents.

iShares MSCI Australia ETF (EWA) increased 2.30%. Tracking Australian equities, the fund’s performance captures a positive session across sectors represented in the MSCI Australia index.

iShares MSCI Brazil ETF (EWZ) advanced 2.19%. The product targets Brazilian large- and mid-cap stocks, and the day’s result reflects broad-based gains within its country allocation.

Top 5 Commodity ETFs

ProShares Ultra Silver (AGQ) surged 8.90%. The ETF provides two times the daily return of silver prices, so a constructive move in the metal produced amplified gains for this leveraged exposure.

Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) climbed 5.35%. The fund seeks double the daily performance of gold-mining shares, with the miners’ strength translating into a magnified result.

PROSHARES ULTRA ENERGY (DIG) rose 5.08%. Delivering two times the daily performance of energy equities, the ETF’s leverage amplified a supportive day for the sector.

iShares Silver Trust (SLV) increased 4.29%. The vehicle is backed by physical silver and tracks spot silver price movements, reflecting a positive session for the commodity.

VanEck Junior Gold Miners ETF (GDXJ) advanced 3.55%. The fund targets smaller-cap gold miners, and its performance aligns with a favorable day for junior mining equities tied to the metal.

Top 5 Industry ETFs

Direxion Daily Semiconductors Bull 3x Shares (SOXL) rallied 7.44%. The fund seeks triple the daily performance of U.S. semiconductor equities, magnifying sector momentum into a sizable move.

Direxion Daily Energy Bull 2x Shares (ERX) gained 5.26%. With double-leveraged exposure to energy stocks, the ETF’s methodology amplified the sector’s constructive session.

Direxion Daily Financial Bear 3x Shares (FAZ) rose 4.35%. The product delivers three times the inverse daily performance of financials, strengthening as the sector weakened.

ProShares UltraShort Financials (SKF) increased 2.93%. Targeting double-inverse daily exposure to U.S. financials, the ETF benefits when the sector declines, consistent with its bearish construction.

PROSHARES ULTRA MATERIALS (UYM) added 2.64%. The fund provides two times the daily performance of U.S. materials stocks, magnifying gains within the segment’s underlying index.

Top 5 Bond ETFs

VanEck Preferred Securities ex Financials ETF (PFXF) edged 0.44% higher. The fund holds preferred shares outside of financial issuers, and its modest move reflects the day’s pricing in that hybrid asset class.

SPDR ICE Preferred Securities ETF (PSK) gained 0.31%. Tracking a preferred securities index, the ETF’s uptick mirrors incremental strength in the preferred market universe.

SPDR Bloomberg Emerging Markets Local Bond ETF (EBND) increased 0.23%. The ETF holds local-currency sovereign and quasi-sovereign debt from emerging markets, with currency and rate dynamics producing a small advance.

iShares Core International Aggregate Bond ETF (IAGG) rose 0.14%. The fund tracks global investment-grade bonds ex-U.S., reflecting a mild positive day across developed-market rates.

Invesco Emerging Markets Sovereign Debt ETF (PCY) added 0.14%. Targeting U.S. dollar-denominated emerging-market sovereign bonds, the ETF’s slight gain aligns with stable credit spreads and rates within its portfolio.

Conclusion

The ETF landscape on February 12 reflected a clear risk-on pattern, with leveraged semiconductor vehicles such as Direxion Daily Semiconductors Bull 3x Shares (SOXL) and single-stock leveraged funds including GraniteShares 2x Long VRT Daily ETF (VRTL) standing out, while precious metals exposures—both spot silver via iShares Silver Trust (SLV) and leveraged plays like ProShares Ultra Silver (AGQ)—also showed firm momentum. Energy-focused products strengthened across both broad and leveraged constructs, and inverse financial funds were among notable gainers as the sector lagged. Bond ETFs were largely subdued with fractional moves, underscoring that the day’s rotations were concentrated in cyclicals and commodities rather than rates. Overall, style and sector leadership skewed toward semiconductors and resources, with inverse commodity products and long financial leverage on the back foot.