PPEMPortfolioPlus Emerging Markets ETF
PPEM Fund Description
PPEM provides 1.25x daily leveraged exposure to a market-cap-weighted index of global emerging-market companies.
PPEM Factset Analytics Insight
PPEM is a part of a suite of 1.25x leveraged ETFs from issuer Direxion. The fund’s underlying index provides exposure to the most liquid companies in the emerging-market space, heavily weighted towards China, Taiwan, and India, and excluding South Korea. Emerging markets have a high potential for growth but also high risk—share prices tend to swing up and down more than stocks of developed markets. PPEM resets its leverage each day, increasing exposure in response to that day’s gains or reducing exposure in response to that day’s losses. This produces a compounding effect, and as such, its exposure should not be expected to track 1.25x the performance of the underlying index over longer periods of time. PPEM’s expense ratio makes it an inexpensive option for leveraged equity exposure.
PPEM CHARTS AND PERFORMANCE
PPEM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PPEM. PPEM is rated a N/A out of 5.