Direxion, one of the largest issuers of inverse and leveraged exchange traded funds, today added three new ETFs to its leveraged lineup. All three of the new offerings are double-leveraged products.

The Direxion Daily 7-10 Treasury Bull 2x Shares (NYSEArca: SYTL) attempts to deliver 200% of the daily performance of the NYSE 7-10 Year Treasury Bond Index (AXSVTN). That index allocates 36.25% of its weight to Treasuries with maturities of seven to eight years, 33.67% to Treasuries with maturities of eight to nine years with the remainder going to government bonds maturing in nine to 10 years, according to Direxion.

The new ETF is a double-leveraged answer to the iShares 7-10 Year Treasury Bond ETF (NYSEArca: IEF), which spent time as one of the top-asset gathering ETFs earlier this year. However, investors have pulled almost $56 million since the start of the third quarter on fears interest rates will soon rise. [Bond ETFs Bulk Up]

Direxion also introduced the Direxion Daily Small Cap Bull 2x Shares (NYSEArca: SMLL). SMLL seeks to deliver twice the daily performance of the Russell 2000. The firm has a popular triple-leveraged small-cap ETF in the form of the Direxion Daily Small Cap Bull 3X Shares (NYSEArca: TNA). The Direxion Daily Small Cap Bull 3X Shares entered Tuesday with a year-to-date loss of nearly 6%.

Direxion also added the Direxion Daily Mid Cap Bull 2x Shares (NYSEArca: MDLL) to its lineup. That new ETF seeks to deliver twice the daily performance of the S&P MidCap 400 Index. The firm also sponsors the triple-leveraged Direxion Daily Mid Cap Bull 3X Shares (NYSEArca: MIDU).

“Investors continue to share with us that they are looking for a wider selection of strategies to obtain targeted, leveraged equity-market exposure at a reasonable price, and we are responding to their feedback,” said Brian Jacobs, President of Direxion Investments, in a statement. “These three ETFs are part of our effort to build up our suite of 2X leveraged funds and provide as many options as possible for experienced traders to achieve risk-managed returns regardless of market conditions, or their preferred amount of leverage.”

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