PortfoliosLab logo

ProShares Morningstar Alternatives Solution ETF (ALTS)

ETF · Currency in USD · Last updated Dec 8, 2022

ALTS is a passive ETF by ProShares tracking the investment results of the Morningstar Diversified Alternatives Index. ALTS launched on Oct 8, 2014 and has a 0.95% expense ratio.

ETF Info

ISINUS74347B8138
CUSIP74347B813
IssuerProShares
Inception DateOct 8, 2014
RegionNorth America (U.S.)
CategoryLong-Short
Expense Ratio0.95%
Index TrackedMorningstar Diversified Alternatives Index
ETF Home Pagewww.proshares.com
Asset ClassAlternatives

Trading Data

Previous Close$38.49
Year Range$37.53 - $39.48
EMA (50)$38.62
EMA (200)$38.46
Average Volume$1.02K

ALTSShare Price Chart


Loading data...

ALTSPerformance

The chart shows the growth of $10,000 invested in ProShares Morningstar Alternatives Solution ETF in Oct 2014 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $11,506 for a total return of roughly 15.06%. All prices are adjusted for splits and dividends.


ALTS (ProShares Morningstar Alternatives Solution ETF)
Benchmark (^GSPC)

ALTSCompare to other instruments

Search for stocks, ETFs, and funds to compare with ALTS

ALTSReturns in periods

Returns over 1 year are annualized

PeriodReturnBenchmark
1M-1.82%-7.73%
YTD-0.97%-17.30%
6M-0.70%-15.61%
1Y0.65%-4.91%
5Y2.00%10.26%
10Y1.87%9.40%

ALTSMonthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2022-1.88%-0.36%2.06%-0.14%-0.61%
20211.17%1.88%2.29%1.73%1.35%-0.84%0.13%0.28%-0.79%1.85%-1.61%2.06%
2020-0.60%-3.65%-10.29%5.06%0.78%1.03%0.67%0.47%-0.60%0.56%2.88%2.05%
20191.54%0.53%0.14%0.68%-1.01%1.24%0.40%0.19%0.61%0.38%0.43%1.90%
20180.39%-1.97%-0.78%1.34%0.01%0.50%0.85%-0.18%0.57%-2.20%0.81%-2.43%
2017-0.29%0.82%0.27%0.38%0.44%-0.75%0.71%-0.74%0.19%0.19%0.44%0.31%
2016-2.55%0.21%2.15%0.32%-0.84%0.84%0.34%-1.14%1.52%-1.86%1.43%1.34%
2015-0.10%-0.86%0.10%-0.06%-0.20%-1.56%0.24%-0.34%-2.92%0.72%1.19%1.23%
20142.15%-0.26%1.53%

ALTSSharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current ProShares Morningstar Alternatives Solution ETF Sharpe ratio is 0.09. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.


ALTS (ProShares Morningstar Alternatives Solution ETF)
Benchmark (^GSPC)

ALTSDividend History

ProShares Morningstar Alternatives Solution ETF granted a 3.18% dividend yield in the last twelve months. The annual payout for that period amounted to $1.22 per share.


PeriodTTM20212020201920182017201620152014
Dividend$1.22$1.33$0.34$0.87$0.60$1.34$0.48$0.79$0.18

Dividend yield

3.18%3.43%0.95%2.39%1.77%3.85%1.41%2.34%0.52%

ALTSDrawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-20.00%-15.00%-10.00%-5.00%0.00%2022FebruaryMarchAprilMay
-2.49%
-17.83%
ALTS (ProShares Morningstar Alternatives Solution ETF)
Benchmark (^GSPC)

ALTSWorst Drawdowns

The table below shows the maximum drawdowns of the ProShares Morningstar Alternatives Solution ETF. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the ProShares Morningstar Alternatives Solution ETF is 20.56%, recorded on Mar 18, 2020. It took 228 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-20.56%Jan 21, 202041Mar 18, 2020228Feb 12, 2021269
-8.04%Dec 31, 2014263Jan 20, 2016491Jan 3, 2018754
-5.6%Jan 29, 2018229Dec 24, 2018208Oct 22, 2019437
-4.02%Nov 16, 202168Feb 24, 202232Apr 11, 2022100
-3.44%Jun 8, 202129Jul 19, 202166Oct 20, 202195
-2.49%Apr 22, 20227May 2, 2022
-1.51%Oct 10, 20143Oct 15, 20147Oct 24, 201410
-1.3%Nov 10, 201415Dec 1, 20144Dec 5, 201419
-1.16%Feb 17, 202112Mar 4, 20213Mar 9, 202115
-1.05%Dec 8, 20145Dec 12, 20143Dec 17, 20148

ALTSVolatility Chart

Current ProShares Morningstar Alternatives Solution ETF volatility is 0.00%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


ALTS (ProShares Morningstar Alternatives Solution ETF)
Benchmark (^GSPC)