PPLC

PortfolioPlus S&P 500 ETF
*Unless otherwise stated, data provided by FactSet.

PPLC Fund Description

PPLC provides 1.25x daily leveraged exposure to the S&P 500 Index.

PPLC Factset Analytics Insight

PPLC is part of a suite of ETFs from leveraged-products specialist Direxion Funds. Instead of the usual 2x or -2x exposures, PPLC provides 1.25x leveraged exposure to the S&P 500, rebalanced daily. In some respects, this makes PPLC akin to a broad US large-cap fund with an elevated 1.25 beta. PPLC was the first of its kind to provide fractional leveraged exposure to an index, allowing investors to take a slightly more conservative approach to leveraging their equity exposure. Still, investors should remember that PPLC rebalances its levered exposure daily, meaning that over the long haul, actual fund returns will deviate from 1.25x the market return due to compounding effects, for better or worse. Therefore, PPLC is still best used as a short-term tactical vehicle. Consistent with other leveraged products, the fund uses swaps to gain its targeted exposure. Use caution trading the fund—carefully placed limit orders will help keep spreads in check.

PPLC MSCI ESG Analytics Insight

PortfolioPlus S&P 500 ETF has an MSCI ESG Fund Rating of A based on a score of 6.62 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. PortfolioPlus S&P 500 ETF ranks in the 74th percentile within its peer group and in the 71st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

PPLC Charts And Performance

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PERFORMANCE [as of 08/11/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PPLC 6.38% 18.93% 2.83% 18.35% 15.27% 14.14% --
PPLC (NAV) 6.44% 19.33% 2.87% 18.46% 15.31% 14.12% --
S&P 500 4.77% 14.28% 4.38% 16.47% 13.16% 12.11% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PPLC Summary Data

Direxion
Portfolio+
01/07/15
Open-Ended Fund
0.36%
$25.32M
0.10%

PPLC Portfolio Data

2.07%
09/22/20

PPLC Index Data

S&P 500
Market Cap
Committee
N/A

PPLC Fund Structure

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

PPLC Tax Exposures

20.00% / 39.60%
--
No
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

PPLC Factset Analytics Block Liquidity

As of 08/12/20
5
4
3
2
1

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

PPLC Tradability

3,750
$158.14K
2,375
$102.64K
0.10%
$0.04
-0.01%
2.06% / -0.66%
None
0.00%
50,000
0.05
0.02%
--
0
$45.53
N/A

PPLC MSCI ESG Ratings

6.62 / 10
71.43
73.59
11.14%
6.24%
158.70