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PortfolioPlus ETFs

PPLC

The PortfolioPlus S&P 500® ETF seeks daily investment results, before fees and expenses, of 135% of the daily performance of the S&P 500® Index. There is no guarantee the fund will meet its stated investment objective.

The PortfolioPlus S&P 500® ETF (PPLC) is formerly the Direxion Daily S&P 500 Bull 1.25X Shares (LLSP). The fund’s name and ticker was changed on February 15, 2018.

Working

Overview

This leveraged ETF seeks a return that is 135% of the return of its benchmark index for a single day. This ETF should not be expected to provide 1.35 times the return of its benchmark’s cumulative return for periods greater than one day.

Investing in PortfolioPlus ETFs may be more volatile than investing in broadly diversified funds. Compounding affects all investments, but has more impact on leveraged funds, particularly during periods of higher index volatility and longer holdings periods. Returns may be negative in the same period that the index returns were flat or positive. PortfolioPlus ETFs are intended to be used by investors who understand leverage risk, the effects of compounding and who intend to monitor their portfolios.

 

Documents & Downloads

Strategy & Benefits

PortfolioPlus ETFs seek to:

  • Target increased daily exposure to common broad-based indexes.
  • Maintain allocations to the asset classes of the indexes within your strategy.
  • Provide magnified returns in order to seek outperformance over time.

Magnified returns increase gains and losses.


Target Index

Standard & Poor’s® selects the stocks comprising the S&P 500® Index (SPXT) on the basis of market capitalization, financial viability of the company and the public float, liquidity and price of a company’s shares outstanding. The Index is a float adjusted, market capitalization-weighted index. One cannot directly invest in an index.


Pricing & Performance

NAV and Market Price information as of Invalid date. Line chart shows pricing trend over the last 30 days. The Primary Listing Exchange is the NYSE Arca, Inc.




Distributions