Market Overview

On Tuesday, Aug 25, the Dow Jones Industrial Average added 0.30%, the S&P 500 rose 0.32%, and the Nasdaq Composite advanced 0.66%.

ETF market tone was firm, with gains concentrated in leveraged equity products and several inverse vehicles under pressure. Cross-asset participation broadened across commodities and bonds, underscoring active risk deployment.

Top 5 US ETF Gainers

Tradr 2X Long CRML Daily ETF (CRMX) advanced 42.39%. The fund targets two times the daily return of battery metals developer Critical Metals, and it rallied as the underlying shares advanced during the session.

Critical Metals said it plans to acquire a European lithium company and announced a private placement, while rare earth-related shares gained.

Leverage Shares 2X Long CRML Daily ETF (CRMU) increased 42.03%. This product amplifies, by two times, daily moves in Critical Metals, and it gained on the same upward impulse.

Defiance Daily Target 2X Long MRNA ETF (MRNX) jumped 28.94%. Designed to deliver two times the daily performance of biotechnology company Moderna, the ETF climbed as the stock advanced.

Defiance Daily Target 2X Long PURR ETF (PUR) climbed 23.64%. The vehicle seeks two times the daily move of crypto trading strategy PURR, and it rose as the strategy strengthened.

Corgi OKLO 2x Daily ETF (OKLC) added 23.27%. The fund targets two times the daily return of nuclear microreactor developer Oklo, and it gained as the shares firmed.

Oklo reported quarterly results that included an earnings miss and initial revenue, and analysts trimmed projections following the update.

Top 5 US ETF Losers

Defiance Daily Target 2X Short OKLO ETF (OKLS) declined 23.55%. The vehicle seeks two times the inverse of Oklo, and it slid as the underlying exposure strengthened intraday.

Defiance Daily Target 2X Short SMCI ETF (SMCZ) fell 18.87%. The fund provides two times inverse exposure to server hardware company Super Micro Computer, and it retreated as the shares advanced.

Tradr 2X Short SMR Daily ETF (SMZ) dropped 16.30%. The product delivers two times inverse exposure to small modular reactor developer NuScale Power, and it sank as the stock firmed.

Defiance Daily Target 2X Short HOOD ETF (HOOZ) slid 16.07%. The ETF targets two times inverse exposure to retail brokerage Robinhood, and it declined as the underlying strengthened.

Tradr 2X Short APLD Daily ETF (APLZ) retreated 14.89%. The vehicle seeks two times inverse exposure to AI data center company Applied Digital, and it eased as the shares advanced.

Top 5 Equity Index ETFs

Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC) rose 4.93%. The ETF targets three times the daily performance of the MSCI Emerging Markets Index, and it benefited from the benchmark's advance.

iShares MSCI South Korea ETF (EWY) added 3.75%. The fund holds large- and mid-cap South Korean equities as defined by the MSCI Korea Index, and the move aligned with the local market's strength.

iShares MSCI All Country Asia ex Japan ETF (AAXJ) gained 2.06%. The ETF follows broad Asia ex-Japan equities under the MSCI AC Asia ex Japan Index, and the gain mirrored the region's advance.

iShares MSCI Brazil ETF (EWZ) increased 2.02%. The fund tracks Brazilian large- and mid-cap shares in the MSCI Brazil Index, and it advanced with the domestic market.

iShares MSCI Taiwan ETF (EWT) rose 2.00%. The ETF focuses on Taiwanese equities within the MSCI Taiwan Index, and it reflected strength in that market.

Top 5 Commodity ETFs

ProShares UltraShort Bloomberg Crude Oil (SCO) jumped 6.74%. The fund seeks two times inverse exposure to Bloomberg WTI crude oil futures, and it gained as oil prices softened.

Oil prices eased amid reports that Iran and Oman were weighing a temporary shipping corridor in the Strait of Hormuz.

Direxion Daily Gold Miners Index Bull 2X Shares (NUGT) rose 3.87%. The ETF targets two times the daily performance of global gold miners and participated in the group's advance.

PROSHARES ULTRASHORT ENERGY (DUG) increased 3.43%. The fund provides two times inverse exposure to U.S. energy equities and advanced as the sector softened.

VanEck Gold Miners ETF (GDX) gained 1.91%. The fund owns a basket of global gold mining companies and moved higher alongside the industry.

VanEck Junior Gold Miners ETF (GDXJ) added 1.73%. The ETF concentrates on smaller-cap gold miners and reflected ongoing strength across the subsector.

Top 5 Industry ETFs

VanEck Uranium and Nuclear ETF (NLR) advanced 4.46%. The fund focuses on uranium producers and nuclear energy companies, and it climbed with the sector's strength.

Direxion Daily Semiconductors Bull 3x Shares (SOXL) increased 4.06%. The ETF targets three times the daily performance of U.S. semiconductor equities and benefited from intraday gains across chipmakers.

Direxion Daily Energy Bear 2x Shares (ERY) rose 3.38%. The fund seeks two times inverse exposure to U.S. energy equities and gained as energy shares eased.

SPDR S&P Metals & Mining ETF (XME) gained 2.60%. The fund concentrates on U.S. metals and mining companies and participated in the broader materials advance.

iShares Biotechnology ETF (IBB) added 1.82%. The ETF holds a diversified portfolio of biotechnology companies and moved in step with the group's gains.

Top 5 Bond ETFs

iShares 20+ Year Treasury Bond ETF (TLT) rose 1.10%. The fund holds long-duration U.S. Treasuries, and the move reflected firming in the long-end of the curve.

SPDR Bloomberg Convertible Securities ETF (CWB) gained 0.99%. The ETF invests in U.S. dollar-denominated convertible bonds and advanced with broader credit markets.

SPDR Portfolio Long Term Corporate Bond ETF (SPLB) increased 0.98%. The fund focuses on long-term investment-grade corporate bonds and moved higher alongside credit.

iShares Convertible Bond ETF (ICVT) added 0.98%. The ETF concentrates on U.S. convertible securities and tracked the asset class's intraday gains.

Innovator S&P Investment Grade Preferred ETF (EPRF) climbed 0.96%. The fund targets investment-grade preferred shares and reflected demand across rate-sensitive assets.

Conclusion

A risk-on tone characterized ETF trading, with leveraged single-stock products among the session’s standouts and several inverse counterparts sliding as their underlyings strengthened. Cross-asset leadership featured emerging markets, uranium-focused vehicles, and gold miner exposures, while energy inverses also firmed alongside softer crude. Bonds advanced modestly, and dispersion between leveraged longs and inverse products remained pronounced across the lineup above.