PPLC — PortfolioPlus S&P 500 ® ETF

Data updated: 2020-09-25

PPLC — PortfolioPlus S&P 500 ® ETF. Leveraged · $24.41M AUM · 0.36% expense ratio · 12.3% 1-yr return. Holdings, fees, performance and SEC filings.

PPLC Fund Overview

PPLC — PortfolioPlus S&P 500 ® ETF is a US ETF managed by Direxion Shares ETF Trust, categorised as Leveraged. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US ETF
Manager: Direxion Shares ETF Trust
Category: Leveraged
Assets under management: $24.41M
1-year return: 12.3%
Ticker: PPLC
SEC CIK: 0001424958
SEC series ID: S000046307
Share class ID: C000144714

PPLC Investment Objective and Strategy

PortfolioPlus S&P 500 ® ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Direxion Shares ETF Trust.

Investment objective

The Fund seeks daily investment results, before fees and expenses, of 125% of the daily performance of the Index.

Principal investment strategy

"The Fund, under normal circumstances, invests at least 80% of its net assets (plus borrowing for investment purposes) in securities of the Index, exchange-traded funds (""ETFs"") that track the Index and other financial instruments that provide daily leveraged exposure to the Index or ETFs that track the Index. The financial instruments in which the Fund normally invests include swap agreements and futures contracts which are intended to produce economically leveraged investment results. On a day-to-day basis, the Fund is expected to hold equities, money market funds, deposit accounts with institutions with high quality credit ratings, and/or short-term debt instruments that have terms-to-maturity of less than 397 days and exhibit high quality credit profiles, including U.S. government securities and repurchase agreements.

Standard & Poors selects the stocks comprising the Index on the basis of market capitalization, financial viability of the company and the public float, liquidity and price of a companys shares outstanding. The Index is a float-adjusted, market capitalization-weighted index. As of December 29, 2017, the Index consisted of 505 constituents, which had a median total market capitalization of $21.5 billion, total market capitalizations ranging from $2.7 billion to $868.9 billion and were concentrated in the information technology and financials sectors. The components of the Index and the percentages represented by various sectors in the Index may change over time. The Fund will concentrate its investment in a particular industry or group of industries ( i.e. , hold 25% or more of its total assets in the stocks of a particular industry or group of industries) to approximately the same extent as the Index is so concentrated.

The Fund may invest in the securities of the Index, a representative sample of the securities in the Index that has aggregate characteristics similar to those of the Index, an ETF that tracks the Index or a substantially similar index, or utilize derivatives such as swaps on the Index, swaps on an ETF that tracks the same Index or a substantially similar index as the Fund, or futures contracts that provide leveraged exposure to the above. Derivatives are financial instruments that derive value from the underlying reference asset or assets, such as stocks, bonds, or funds (including ETFs), interest rates or indexes. Certain of the derivative instruments in which the Fund may invest may be traded in the over-the-counter market, which generally provides for less transparency than exchange-traded derivative instruments.

The Fund seeks to remain fully invested at all times consistent with its stated investment objective. At the close of the markets each trading day, Direxion positions the Funds portfolio so that its exposure to the Index is consistent with the Funds investment objective. The impact of the Indexs movements during the day will affect whether the Funds portfolio needs to be re-positioned. For example, if the Index has risen on a given day, net assets of the Fund should rise, meaning that the Funds exposure will need to be increased. Conversely, if the Index has fallen on a given day, net assets of the Fund should fall, meaning the Funds exposure will need to be reduced. This re-positioning strategy typically results in high portfolio turnover. The terms daily, day, and trading day, refer to the period from the close of the markets on one trading day to the close of the markets on the next trading day."

PPLC Performance

Total returns for PPLC (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	12.3%

PPLC Risk Information

Risk metrics for PPLC, derived from monthly returns in SEC filings.

1-year volatility (annualised): 31.0%

PPLC Costs and Fees

PPLC costs about $36 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.36%
Gross expense ratio: 0.51%
Portfolio turnover: 28%
Brokerage commissions: 0.02 bps of average net assets (SEC N-CEN)

PPLC Cashflows

Over the 12 months to 2020-07, PortfolioPlus S&P 500 ® ETF had net inflows of $5.47M, from monthly SEC N-PORT filings.

Month	Net flow
2020-07	$0
2020-06	$0
2020-05	$0
2020-04	$0
2020-03	$1.55M
2020-02	$0

PPLC Debt Constituents

No individual debt constituents are reported in PortfolioPlus S&P 500 ® ETF's latest SEC N-PORT filing.

PPLC Prospectus and SEC Filings

Official PortfolioPlus S&P 500 ® ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Leveraged funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.