As the U.S. bull market turned nine on Mar 9, major bourses saw tremendous upside suggesting that the market still has legs. The S&P 500 index has quadrupled from the bear-market bottom of 676.53 hit on Mar 9, 2009 — representing the second-longest and second-strongest bull market in history. The trend is likely to continue into the tenth year as well.

This is especially true as strong corporate earnings and optimism surrounding Trump’s pro-growth policies are likely to be the biggest tailwinds for the stock market this year. Additionally, pick-up in growth in developed and developing economies, robust job gains, growing wages, slowly rising inflation, increasing consumer spending, recovering housing market and record level of consumer confidence are likely to boost the longevity of the bull market.

However, a host of challenges like Trump’s protectionist stance, inflation threats, rising bond yields, faster-than-expected rate hikes, geopolitical tensions and Washington turmoil might keep crossing the bulls in the months ahead. Notably, worries surrounding inflation and rising bond yields have pushed stocks into the fastest-ever correction territory (a decline of more than 10% from the last peak scaled in late January) in early February.

Though volatility will continue, we believe the bull market has higher chances of riding higher. As a result, investors should bet on the best performing leveraged ETFs of the bull market. Leveraged funds provide multiple exposure (i.e 2x or 3x) to the daily performance of the underlying index by employing various investment strategies such as swaps, futures contracts and other derivative instruments. These have piled up abnormal returns during the nine-year period.

Below, we have highlighted five ETFs that could see more gains if the market continues to trend upward.

Direxion Daily Technology Bull 3x Shares (TECL – Free Report) – Up 6517%

This ETF targets the technology sector with three times (3x) leveraged exposure to the Technology Select Sector Index. It has amassed about $723.5 million in its asset base and charges 95 bps in fees per year. Volume is good as it exchanges around 201,000 shares a day on average.