Other new offerings launched by Direxion this year include the Direxion Daily Gold Bull 3X Shares (NYSEArca: GLDL) and the Direxion Daily Gold Bear 3X Shares (NYSEArca: GLDS).
GLDL and GLDS are the first ETFs to provide triple-leveraged bullish and bearish exposure to Comex gold futures.
The S&P 500 closed at a new record high on Tuesday and is up 4.3% year-to-date.
ETF Trends editorial team contributed to this post.