ProShares Ultra Telecommunications (LTL)
LTL is a passive ETF by ProShares tracking the investment results of the Dow Jones U.S. Select Telecommunications Index (200%). LTL launched on Mar 25, 2008 and has a 0.95% expense ratio.
ETF Info
| ISIN | US74347R2638 |
|---|---|
| CUSIP | 74347R263 |
| Issuer | ProShares |
| Inception Date | Mar 25, 2008 |
| Region | North America (U.S.) |
| Category | Leveraged Equities, Leveraged |
| Leveraged | 2x |
| Index Tracked | Dow Jones U.S. Select Telecommunications Index (200%) |
| Home Page | www.proshares.com |
| Asset Class | Equity |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
The ProShares Ultra Telecommunications has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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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.
Returns By Period
ProShares Ultra Telecommunications had a return of 12.59% year-to-date (YTD) and 78.14% in the last 12 months. Over the past 10 years, ProShares Ultra Telecommunications had an annualized return of 5.93%, while the S&P 500 had an annualized return of 10.46%, indicating that ProShares Ultra Telecommunications did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 12.59% | 5.84% |
| 1 month | -8.66% | -2.98% |
| 6 months | 46.28% | 22.02% |
| 1 year | 78.14% | 24.47% |
| 5 years (annualized) | 7.19% | 11.44% |
| 10 years (annualized) | 5.93% | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 8.63% | 8.10% | 5.99% | |||||||||
| 2023 | -6.58% | -3.54% | 15.12% | 8.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
ProShares Ultra Telecommunications(LTL)
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.
Dividends
Dividend History
ProShares Ultra Telecommunications granted a 0.24% dividend yield in the last twelve months. The annual payout for that period amounted to $0.14 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.14 | $0.49 | $0.64 | $0.63 | $0.62 | $0.34 | $0.65 | $0.85 | $0.42 | $0.64 | $0.35 | $0.37 |
Dividend yield | 0.24% | 0.97% | 2.01% | 1.14% | 1.57% | 0.83% | 1.99% | 1.96% | 0.70% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.05 | |||||||||
| 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 |
| 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 |
| 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 |
| 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 |
| 2019 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.08 |
| 2018 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.56 |
| 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 |
| 2016 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.07 |
| 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 |
| 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 |
| 2013 | $0.07 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 11.78%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -80.2% | Jun 6, 2008 | 110 | Nov 20, 2008 | 1015 | Oct 17, 2013 | 1125 |
| -64.14% | Jan 6, 2017 | 672 | Mar 23, 2020 | 972 | Feb 2, 2024 | 1644 |
| -39.08% | Apr 7, 2015 | 116 | Jan 20, 2016 | 38 | Apr 20, 2016 | 154 |
| -28.22% | Jul 15, 2016 | 37 | Nov 3, 2016 | 18 | Dec 20, 2016 | 55 |
| -19.78% | Aug 1, 2014 | 31 | Dec 15, 2014 | 65 | Apr 2, 2015 | 96 |
Volatility
Volatility Chart
The current ProShares Ultra Telecommunications volatility is 10.40%, 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.