PPSCPortfolioPlus S&P Small Cap ETF
PPSC Fund Description
PPSC provides 1.25x daily leveraged exposure to the S&P Small Cap 600 Index.
PPSC Factset Analytics Insight
PPSC gives investors a more conservative option to leverage their exposure to US small-cap stocks without having to double or triple their leverage. The fund is part of a suite of ETFs from Direxion Funds, aimed at providing 1.25x exposure to their respective benchmark indexes. PPSC aims for 125% of the S&P 600 Index, rebalanced daily. While investors may look at PPSC as simply a high-beta play on the S&P 600, remember that the fund rebalances its exposure daily, meaning that over longer holding periods, it may deviate from expected returns due to compounding effects. The low expense ratio places PPSC as one of the cheapest leveraged ETFs. Trade PPSC carefully placed limit orders.Prior to December 1, 2017 the underlying index for the fund was the Russell 2000.
PPSC Charts And Performance
PPSC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PPSC. PPSC is rated a N/A out of 5.