PPDM

PortfolioPlus Developed Markets ETF
*Unless otherwise stated, data provided by FactSet.

PPDM Fund Description

PPDM provides 1.25x daily leveraged exposure to a market-cap-weighted index of large-, mid- and small-cap stocks from developed markets outside the US.

PPDM Factset Analytics Insight

PPDM is part of a suite of 1.25x leveraged ETFs from leveraged products specialist Direxion Funds. Instead of the usual 2x or -2x exposure, PPDM provides 1.25x daily leveraged exposure to a FTSE index of developed-market stocks, ex-US. The index includes small-cap stocks and Canadian firms. PPDM is rebalanced daily to provide consistent 1.25x exposure; however, shareholders must be mindful of the effects of compounding, which can cause fund returns to differ significantly from the underlying index over time. Consistent with other leveraged products, PPDM uses swaps to gain its targeted exposure. Use caution trading the fund—carefully placed limit orders will help keep spreads in check.

PPDM CHARTS AND PERFORMANCE

  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
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Select ETFs to compare their performance:
PERFORMANCE [as of 06/13/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PPDM 0.27% 2.07% 14.20% -7.76% -- -- --
PPDM (NAV) 3.42% 0.97% 13.94% -7.64% -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PPDM Summary Data

Portfolio+
02/15/18
Open-Ended Fund
0.52%
$2.24M
0.27%

PPDM Portfolio Data

3.09%
06/25/19

PPDM Index Data

FTSE Developed All Cap ex US Index Net TR US RIC - TR Net of RIC
Market Cap
Market Cap
N/A

PPDM Fund Structure

No
Yes
No Policy
N/A
N/A
High
1.25
Daily

PPDM Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

PPDM Factset Analytics Block Liquidity

As of 06/14/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PPDM. PPDM is rated a N/A out of 5.

PPDM Tradability

66
$2.30K
2
0
0.27%
$0.06
-0.06%
5.56% / -5.66%
None
100.00%
50,000
0.00
0.02%
--
--
$22.42
N/A