Ranking of Top U.S. ETF Gainers (12 Months)

The Top 12-Month Gainers ETFs ranking highlights the exchange-traded funds that have delivered the strongest price performance over the past 12 months, providing a snapshot of the market segments and investment strategies that have gained the most momentum during the period.

ETF performance can be influenced by several factors. When an underlying index rises, macroeconomic conditions favor certain asset classes, or companies within a fund's portfolio benefit from strong earnings, mergers, technological developments, or other catalysts, the ETF's share price may rise accordingly.

Institutional capital flows can also contribute to trading liquidity and reflect growing investor interest in specific sectors, asset classes, or investment themes.

As a result, analyzing the strongest-performing ETFs over a 12-month period can help investors identify market trends and understand which areas have benefited most from changing economic conditions and investor sentiment.

How the ranking works

The ranking tracks the cumulative price performance of eligible ETFs over the previous 12 months.

Returns are calculated by comparing each ETF's current market price with its price approximately one year earlier, using adjusted prices to account for technical events such as stock splits and reverse splits that could otherwise distort performance.

Only ETFs with at least 12 months of trading history and sufficient average daily trading volume are included, helping exclude recently launched or highly illiquid funds. After these filters are applied, ETFs are ranked from the highest to the lowest percentage return over the 12-month period.

The ranking is recalculated as new market prices become available and adjusted when relevant corporate or fund events affect historical price comparability, keeping the results aligned with the latest available market data.

The ranking is updated regularly. It is intended for informational purposes only and should not be considered investment advice.

Characteristics of top-performing ETFs over 12 months

  • Strong price momentum: These ETFs track indexes, sectors, asset classes, or investment strategies that experienced favorable market conditions during the previous 12 months.

  • Exposure to outperforming segments: Funds concentrated in specific sectors, industries, geographic regions, commodities, or investment themes may rise significantly when their underlying markets outperform.

  • Potential use of leverage or derivatives: Some top-performing ETFs may use leveraged or derivative-based strategies designed to amplify the daily performance of an underlying benchmark, which can also significantly increase risk and volatility.

  • Sensitivity to market conditions: Interest rates, fiscal policy, geopolitical developments, economic growth expectations, and institutional flows can materially affect ETF performance.

  • Higher potential volatility: ETFs experiencing substantial price appreciation may also be exposed to sharper price fluctuations, particularly when their portfolios are concentrated or their strategies involve leverage.

Frequently Asked Questions

Which ETFs have gained the most over the past 12 months?

According to the Top 12-Month Gainers ETFs ranking, the best-performing ETFs over the previous 12 months in November 2026 are:

  • ETF Managers Group Commodity Trust I (BWET) — 12-Month Return: 3,558.73%
  • YieldMax MRNA Option Income Strategy ETF (MRNY) — 12-Month Return: 738.70%
  • YieldMax Dorsey Wright Featured 5 Income ETF (FEAT) — 12-Month Return: 598.20%
  • AIX (AIX) — 12-Month Return: 418.56%
  • DB Crude Oil Long ETN (OLOXF) — 12-Month Return: 285.43%
What can cause an ETF to rise significantly over 12 months?

An ETF can experience strong 12-month performance when its underlying securities, sector, asset class, or investment theme benefits from favorable market conditions. Factors such as earnings growth, interest rate changes, technological developments, commodity price movements, geopolitical events, and shifts in investor sentiment can all influence ETF performance.

Does strong 12-month performance mean an ETF will continue to rise?

Not necessarily. Past performance does not guarantee future returns, and the factors that drove an ETF's previous gains may change. Investors should also consider the fund's investment strategy, underlying holdings, expense ratio, diversification, liquidity, volatility, and risk profile before making an investment decision.