PortfolioPlus S&P Small Cap ETF (PPSC)
PortfolioPlus S&P Small Cap ETF operates in the Asset Management - Leveraged industry of the Financial Services sector. The stock last traded at $28.47, up 1.32% on the session, giving a market capitalisation of $5.7M. Its beta of 1.67 implies it has historically moved more than the broad market.
This fund aims to deliver daily investment returns, prior to any fees or expenses, equal to 135% of the daily performance of the S&P SmallCap 600® Index. Under typical market conditions, it dedicates at least 80% of its net assets (along with any capital borrowed for investment) to securities found within the index, exchange-traded funds (ETFs) that replicate the index, or other financial instruments engineered to provide amplified daily exposure to either the index or its corresponding ETFs. The S&P SmallCap 600® Index itself monitors the performance of 600 U.S. companies with smaller market capitalizations, utilizing a float-adjusted market capitalization weighting scheme. This fund is categorized as non-diversified.
PortfolioPlus S&P Small Cap ETF is most often compared with the following Financial Services names: