ProShares new leveraged gold miners ETFs come to market as risk-tolerant traders are increasingly embracing comparable products. For example, the Direxion Daily Gold Miners Bear 3X Shares (NYSEArca: DUST) has added $121 million in new assets this year. The three-month average daily volume for the four triple-leveraged gold miners ETFs issued by Direxion is roughly 4.9 million shares. [A Gentler View of Leveraged ETFs]
The gold miners ETF launches extend a busy February for ProShares. Earlier this month, the firm doubled the size of its dividend growth ETF suite with the ProShares Russell 2000 Dividend Growers ETF (NYSEArca: SMDV) and the ProShares S&P MidCap 400 Dividend Aristocrats ETF (NYSEArca: REGL). [ProShares Doubles Dividend Growth ETF Suite]
ETF Trends editorial team contributed to this post.