--- title: "Weekly Recap | UMAL.US -38.4%, a week of extreme swings" type: "News" locale: "en" url: "https://longbridge.com/en/news/296673156.md" description: "UMAL.US fell 38.4% this week to close at $17.07, trailing the S&P 500’s 1.43% decline by roughly 36.97 percentage points. The week saw heavy selling that gave way to a modest bounce: after opening at $25.32 on Monday, the ETF dropped sharply to $20.92; a brief recovery on Tuesday failed to hold, and the price slid to a weekly low of $14.19 on Thursday before rebounding to $17.07 on Friday. Volatility was extreme, with a weekly range of 43.96%." datetime: "2026-08-22T06:32:30.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296673156.md) - [en](https://longbridge.com/en/news/296673156.md) - [zh-HK](https://longbridge.com/zh-HK/news/296673156.md) generator: "portal-rs" --- # Weekly Recap | UMAL.US -38.4%, a week of extreme swings ## The Week UMAL.US fell 38.4% this week to close at $17.07, trailing the S&P 500’s 1.43% decline by roughly 36.97 percentage points. The week saw heavy selling that gave way to a modest bounce: after opening at $25.32 on Monday, the ETF dropped sharply to $20.92; a brief recovery on Tuesday failed to hold, and the price slid to a weekly low of $14.19 on Thursday before rebounding to $17.07 on Friday. Volatility was extreme, with a weekly range of 43.96%. Average daily volume came in at around 231,000 shares, well above the 45-day median, signalling heightened trading activity. There were no material catalysts tied to the ETF itself this week; the move was driven by the leveraged nature of the product and swings in the underlying asset. ## The Week Ahead A busy macro calendar next week could shift risk appetite. On Tuesday, the US FHFA house price index, Case Shiller 20-city composite, Richmond Fed manufacturing index, consumer confidence, and new home sales data are all due. These figures will offer a fresh read on the economy’s resilience and the rate outlook. As a leveraged ETF, UMAL.US may see amplified moves around these releases, so the data prints are worth watching for short-term directional cues. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [UMAL.US](https://longbridge.com/en/quote/UMAL.US.md) ## Related News & Research - [TD Asset Management Inc. Announces TD ETF Distributions](https://longbridge.com/en/news/296380372.md) - [Evolve FANGMA Index ETF - Unhedged ETF Units declares CAD 0.0016 dividend](https://longbridge.com/en/news/296300661.md) - [QUICK SPARK: AI Does the Stock-Picking in this New ETF](https://longbridge.com/en/news/296653331.md) - [Dividend ETF Showdown: SCHD vs. VYMI vs. JEPI for Income Investors](https://longbridge.com/en/news/296602257.md) - [AI Analyst Says These 3 ETFs Could Outperform with 10%+ Upside Potential](https://longbridge.com/en/news/296657977.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**