Is Direct Indexing from WealthSimple considered as PFIC for US Tax Purposes?

Hi, I am a Dual citizen of Canada and US, so I am not able to invest in Canadian ETFs or Mutual funds because of PFIC. I just got an email from WealthSimple about Direct Indexing portfolio and it says I actually own the individual stocks, does it mean this is not a PFIC? Is there any concerns to invest in this as a dual citizen? Thanks!