Wall Street was muted last week. The S&P 500, the Dow Jones and the Nasdaq Composite added about 0.6%, 0.3% and 0.6% past week, respectively. The week was marked by the bitcoin rally, some Reddit bets and an uptrend in some cyclical sectors. Below we highlight a few winning leveraged ETF areas that returned at least 10% last week.Semiconductors The coronavirus pandemic has boosted the demand for digitization. Along with higher demand, scarcity of chips has been aiding shares of semiconductor companies. These companies are now in a position to charge higher for commodity chips like memory. This is why, Semiconductor Bull 3X Direxion SOXL (up 24.6%) and Ultra Semiconductors Proshares USD (up 15.7%) were prominent winners last week.Energy Oil prices have staged a rally past week with United States Oil Fund LP USO and United States Brent Oil Fund LP (BNO) adding about 2.6% and 3.2%, respectively. Acold snap shut wells and refineries in Texas, the biggest crude producing state in the United States. Microsectors U.S. Big Oil Index 3X ETN NRGU (up 18.1%) and S&P Oil & Gas Exploration Bull 3X Direxion (GUSH) (up 15.9%) were the maximum gainers in the space.FANG+FANG stocks have been in a sweet spot for the past one year. Some upbeat earnings have been facilitating the space in recent trading. Microsectors Fang+ 3X ETN FNGU added 15.3% last week.ChinaThe space has been on a stellar ride lately. China’s GDP grew 6.5% in the fourth quarter of 2020, after 4.9% growth in the third quarter. The metric also beat economists’ forecast of 6.1% growth, according to a Reuters' poll. Notably, the world’s second-largest economy recorded economic growth of 2.3% in 2020. No wonder, such upbeat economic conditions would continue to boost Chinese equities. China’s Internet stocks were the top-most winners in the space. CSI 300 China A 2X Direxion CHAU (up 15.1%) and CSI China Internet Index Bull 2X Direxion CWEB (up 14.1%) were the gainers.BanksThe risk-on rally has led to a steepening yield curve lately. As banks seek to borrow money at short-term rates and lend at long-term rates, a steepening yield curve will earn more on lending and pay less on deposits. Credit outlook is also improving for U.S. banks. Regional Banks Bull 3X Direxion DPST added 10.9%.Want key ETF info delivered straight to your inbox?Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report United States Oil ETF (USO): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report