Direxion Launches Direxion U.S. 500 Plus ETF Combining S&P 500 Exposure with Trend-Following Strategy
Direxion has launched the Direxion U.S. 500 Plus ETF (SPXP), which aims to track an index that combines full exposure to the S&P 500 with a systematic trend-following managed futures strategy across commodities, currencies, and global fixed income. This innovative approach allows investors to access both core equity market exposure and diversifying strategies from the same capital base in one ETF. The fund is designed as an accessible solution for individual investors who typically find it challenging to implement institutional-grade diversified strategies on their own. Mo Sparks, Direxion's Chief Product Officer, emphasized that SPXP represents a strategic evolution by delivering complex investment approaches through a single, transparent vehicle. Tim Pickering of Auspice Capital Advisors noted the 14-year partnership with Direxion and highlighted how this ETF integrates equity exposure with trend-following components in a rules-based manner. Direxion has approximately $70.8 billion in assets under management as of September 30, 2026, and is known for its leveraged and inverse ETFs. SPXP expands the firm's offerings beyond those products into more sophisticated investment strategies typically reserved for institutional investors.
Tickers: $SPXP
Topics: ETF managed futures S&P 500 trend-following strategy