PPMC

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

PPMC Fund Description

PPMC provides 1.25x daily leveraged exposure to the S&P MidCap 400 Index.

PPMC Factset Analytics Insight

PPMC is part of a suite of 1.25x leveraged ETFs from leveraged products specialist Direxion Funds. Instead of the typical 2x or 3x exposure, PPMC provides 1.25x leveraged exposure to the S&P MidCap 400 Index, rebalanced daily. The smaller leverage factor allows investors a more conservative approach to leveraging their equity exposure. Still, investors should know that the compounding effects of leverage will cause the fund’s returns to deviate substantially from the headline 1.25x over time, for better or worse. Furthermore, the volatility of the index can affect the fund’s returns at least as much as the index’s long-term performance. PPMC’s expense ratio makes it an inexpensive option for leveraged midcap exposure.

PPMC 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 04/23/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PPMC 8.56% 13.83% 24.76% 5.71% -- -- --
PPMC (NAV) 8.68% 13.70% 24.35% 6.01% -- -- --
S&P Mid Cap 400 6.36% 10.77% 19.05% 5.39% 11.88% 9.39% --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PPMC Summary Data

Portfolio+
02/15/18
Open-Ended Fund
0.45%
$2.61M
0.29%

PPMC Portfolio Data

1.54%
06/25/19

PPMC Index Data

S&P Mid Cap 400
Market Cap
Market Cap
N/A

PPMC Fund Structure

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

PPMC 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

PPMC Factset Analytics Block Liquidity

As of 04/24/19
5
4
3
2
1

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

PPMC Tradability

56
$1.61K
0
0
0.29%
$0.07
-0.10%
11.81% / -4.16%
None
100.00%
50,000
0
0.02%
--
--
$26.50
N/A