PortfolioPlus S&P Small Cap ETF
PPSC
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- IPO Date
- Jan 7, 2015
- CIK
- 0001424958
- Similar Companies
- Business
- PortfolioPlus S&P Small Cap ETF (PPSC) is an exchange-traded fund that seeks daily investment results, before fees and expenses, of 135% of the daily performance of the S&P SmallCap 600 Index, providing leveraged exposure to small-capitalization U.S. equities; it primarily invests in financial instruments including swaps, futures, and other derivatives linked to the index, with holdings adjusted daily to achieve the target leverage. The ETF operates within the leveraged equity segment, targeting sophisticated investors seeking amplified returns from small-cap market movements across sectors such as financials, industrials, and health care represented in the benchmark index. PPSC trades on the NYSE Arca exchange and is issued by Direxion Shares ETF Trust, a product of Direxion Funds managed by Rafferty Asset Management, LLC. Direxion Shares ETF Trust, headquartered in New York, New York, oversees the ETF as part of Direxion's broader lineup of leveraged and inverse funds offered through U.S. operations and an office in Hong Kong. The firm, founded in 1997 originally as Potomac Funds, specializes in non-traditional ETFs for opportunistic portfolio positioning. PPSC was launched on January 7, 2015, evolving from prior iterations including Direxion Daily Small Cap Bull 1.25X Shares, with shares registered under ISIN US25490K2087. In recent developments, Direxion has continued expanding its single-stock leveraged and inverse ETF offerings, launching new funds tied to companies such as Ford, Boeing, Exxon Mobil, Eli Lilly, Palo Alto Networks, Berkshire Hathaway, and Palantir through 2025, alongside appointing Mo Sparks as Chief Product Officer in April 2025 to bolster product strategy. The firm has also executed closures of underperforming ETFs like OOTO, CLDL in June 2025 and others such as HJEN, MOON, and KLNE in 2024 due to limited assets, reflecting ongoing portfolio optimization; additionally, reverse splits were announced for select funds including leveraged products in September 2025. No specific acquisitions, funding rounds, or name changes directly impacted PPSC in the last 1-2 years, though it remains active amid Direxion's active ETF lineup adjustments announced in prior periods.