Top 10 Performing ETFs in 2014

Q. What are the best performing ETFs in 2014?

A. My philosophy is not to chase hot stocks/sectors/asset classes, because you just don't know when it will become cold, could be next month, next quarter, next year ...

But, just for the fun of it, here are the top 10 best performing ETFs in 2014, again, it's NOT for average investors, and I really doubt their success in 2014 can be repeated in 2015.

1. VelocityShares 3x Inverse Crude Oil ETN (DWTI) 207% (1.35% expense)
2. Direxion Daily Russia Bear 3x ETF (RUSS) 137% (1.01% expense)
3. ProShares UltraShort Bloomberg Crude Oil (SCO) 118% (0.93% expense)
4. Direxion Daily Real Estate Bull 3x ETF (DRN) 117% (1.01% expense)
5. PowerShares DB Crude Oil Double Short ETN (DTO) 113% (0.75% expense)
6. Direxion Daily Semicondct Bull 3x ETF (SOXL) 103% (0.98% expense)
7. ProShares Ultra Semiconductors (USD) 86% (0.95% expense)
8. Direxion Daily 20+ Yr Trsy Bull 3x ETF (TMF) 85% (1.05% expense)
9. PowerShares DB 3x Long 25+ Yr Trsy Bd ETN (LBND) 83% (0.95% expense)
10. Direxion Daily Healthcare Bull 3x ETF (CURE) 78% (1.06% expense)