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ProShares Ultra Telecommunications (LTL)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US74347R2638

CUSIP

74347R263

Issuer

ProShares

Inception Date

Mar 25, 2008

Region

North America (U.S.)

Leveraged

2x

Index Tracked

Dow Jones U.S. Select Telecommunications Index (200%)

Asset Class

Equity

Asset Class Size

Multi-Cap

Asset Class Style

Blend

Expense Ratio

LTL has a high expense ratio of 0.95%, indicating higher-than-average management fees.


Expense ratio chart for LTL: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
LTL vs. WDAY LTL vs. XLC LTL vs. UPRO LTL vs. SSO LTL vs. VYM LTL vs. XLK LTL vs. TQQQ LTL vs. VOO LTL vs. BRK-B LTL vs. DGRO
Popular comparisons:
LTL vs. WDAY LTL vs. XLC LTL vs. UPRO LTL vs. SSO LTL vs. VYM LTL vs. XLK LTL vs. TQQQ LTL vs. VOO LTL vs. BRK-B LTL vs. DGRO

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ProShares Ultra Telecommunications, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
28.32%
8.53%
LTL (ProShares Ultra Telecommunications)
Benchmark (^GSPC)

Returns By Period

ProShares Ultra Telecommunications had a return of 68.92% year-to-date (YTD) and 68.73% in the last 12 months. Over the past 10 years, ProShares Ultra Telecommunications had an annualized return of 9.30%, while the S&P 500 had an annualized return of 11.06%, indicating that ProShares Ultra Telecommunications did not perform as well as the benchmark.


LTL

YTD

68.92%

1M

0.49%

6M

28.32%

1Y

68.73%

5Y*

16.95%

10Y*

9.30%

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of LTL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20248.63%8.10%6.00%-9.98%12.97%6.21%-0.54%2.44%7.17%3.29%13.03%68.92%
202311.44%-7.97%6.97%5.47%7.29%9.06%10.46%-3.50%-6.58%-3.54%15.12%8.24%62.03%
2022-12.60%-2.70%1.73%-20.49%4.26%-11.28%8.21%-6.66%-18.44%15.06%6.07%-7.99%-41.14%
20214.29%-1.22%12.77%2.50%1.61%1.36%3.47%3.98%-9.07%0.68%-2.32%19.04%40.42%
2020-3.73%-12.33%-22.53%19.83%5.64%-3.71%7.82%2.60%-11.14%-5.29%25.21%4.13%-3.25%
201913.14%12.70%0.85%4.24%-15.36%11.35%3.25%-11.21%6.70%3.42%-0.70%2.56%30.15%
20181.07%-8.93%-10.14%5.55%-0.40%-1.53%2.45%13.86%2.31%-11.99%-1.19%-13.85%-23.44%
20175.34%-14.42%-2.53%8.47%-7.70%-0.07%-3.51%-0.73%-7.80%-3.47%0.92%-3.29%-26.85%
2016-9.65%15.51%9.33%3.68%1.78%7.72%8.87%-14.98%6.47%-6.59%8.08%13.50%46.47%
2015-5.86%13.60%-1.02%5.83%-7.99%0.52%-12.21%2.86%-12.65%19.49%3.50%-7.13%-6.13%
2014-5.44%-1.43%8.92%-11.10%8.54%4.55%7.86%-4.07%-1.22%-10.59%13.83%-6.97%-0.89%
20134.63%-5.19%1.73%22.10%-2.22%-3.62%19.09%-9.79%8.16%11.89%-4.01%8.63%57.40%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 88, LTL is among the top 12% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of LTL is 8888
Overall Rank
The Sharpe Ratio Rank of LTL is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of LTL is 8383
Sortino Ratio Rank
The Omega Ratio Rank of LTL is 8383
Omega Ratio Rank
The Calmar Ratio Rank of LTL is 9393
Calmar Ratio Rank
The Martin Ratio Rank of LTL is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for ProShares Ultra Telecommunications (LTL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for LTL, currently valued at 2.36, compared to the broader market0.002.004.002.362.10
The chart of Sortino ratio for LTL, currently valued at 2.83, compared to the broader market-2.000.002.004.006.008.0010.002.832.80
The chart of Omega ratio for LTL, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.001.391.39
The chart of Calmar ratio for LTL, currently valued at 4.14, compared to the broader market0.005.0010.0015.004.143.09
The chart of Martin ratio for LTL, currently valued at 17.69, compared to the broader market0.0020.0040.0060.0080.00100.0017.6913.49
LTL
^GSPC

The current ProShares Ultra Telecommunications Sharpe ratio is 2.36. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of ProShares Ultra Telecommunications with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.36
2.10
LTL (ProShares Ultra Telecommunications)
Benchmark (^GSPC)

Dividends

Dividend History

ProShares Ultra Telecommunications provided a 0.24% dividend yield over the last twelve months, with an annual payout of $0.21 per share.


0.80%1.00%1.20%1.40%1.60%1.80%2.00%$0.00$0.20$0.40$0.60$0.8020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.21$0.50$0.64$0.63$0.62$0.35$0.65$0.84$0.56$0.64$0.35$0.37

Dividend yield

0.24%0.98%2.01%1.14%1.57%0.83%1.99%1.95%0.93%1.55%0.77%0.82%

Monthly Dividends

The table displays the monthly dividend distributions for ProShares Ultra Telecommunications. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.05$0.00$0.00$0.08$0.00$0.00$0.08$0.00$0.00$0.00$0.21
2023$0.00$0.00$0.41$0.00$0.00$0.01$0.00$0.00$0.05$0.00$0.00$0.03$0.50
2022$0.00$0.00$0.13$0.00$0.00$0.12$0.00$0.00$0.18$0.00$0.00$0.21$0.64
2021$0.00$0.00$0.06$0.00$0.00$0.17$0.00$0.00$0.21$0.00$0.00$0.19$0.63
2020$0.00$0.00$0.19$0.00$0.00$0.11$0.00$0.00$0.13$0.00$0.00$0.20$0.62
2019$0.00$0.00$0.11$0.00$0.00$0.05$0.00$0.00$0.11$0.00$0.00$0.08$0.35
2018$0.00$0.00$0.06$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.56$0.65
2017$0.00$0.00$0.26$0.00$0.00$0.07$0.00$0.00$0.27$0.00$0.00$0.24$0.84
2016$0.00$0.00$0.28$0.00$0.00$0.00$0.00$0.00$0.22$0.00$0.00$0.07$0.56
2015$0.00$0.00$0.25$0.00$0.00$0.09$0.00$0.00$0.16$0.00$0.00$0.14$0.64
2014$0.00$0.00$0.12$0.00$0.00$0.12$0.00$0.00$0.08$0.00$0.00$0.03$0.35
2013$0.07$0.00$0.00$0.18$0.00$0.00$0.04$0.00$0.00$0.08$0.37

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-8.40%
-2.62%
LTL (ProShares Ultra Telecommunications)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares Ultra Telecommunications. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the ProShares Ultra Telecommunications was 80.20%, occurring on Nov 20, 2008. Recovery took 1015 trading sessions.

The current ProShares Ultra Telecommunications drawdown is 8.40%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-80.2%Jun 6, 2008110Nov 20, 20081015Oct 17, 20131125
-64.14%Jan 6, 2017671Mar 23, 2020972Feb 2, 20241643
-39.08%Apr 7, 2015116Jan 20, 201638Apr 20, 2016154
-28.22%Jul 15, 201637Nov 3, 201618Dec 20, 201655
-19.78%Aug 1, 201431Dec 15, 201465Apr 2, 201596

Volatility

Volatility Chart

The current ProShares Ultra Telecommunications volatility is 9.73%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
9.73%
3.79%
LTL (ProShares Ultra Telecommunications)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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