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
US74347R2638
74347R263
Mar 25, 2008
North America (U.S.)
2x
Dow Jones U.S. Select Telecommunications Index (200%)
Multi-Cap
Blend
Share Price Chart
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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 67.28% year-to-date (YTD) and 73.37% in the last 12 months. Over the past 10 years, ProShares Ultra Telecommunications had an annualized return of 8.87%, while the S&P 500 had an annualized return of 11.16%, indicating that ProShares Ultra Telecommunications did not perform as well as the benchmark.
LTL
67.28%
12.86%
36.10%
73.37%
17.58%
8.87%
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 8.63% | 8.10% | 6.00% | -9.98% | 12.97% | 6.21% | -0.54% | 2.44% | 7.17% | 3.29% | 67.28% | ||
| 2023 | 11.44% | -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% |
| 2021 | 4.29% | -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% |
| 2019 | 13.14% | 12.70% | 0.85% | 4.24% | -15.36% | 11.35% | 3.25% | -11.21% | 6.70% | 3.42% | -0.70% | 2.56% | 30.15% |
| 2018 | 1.07% | -8.93% | -10.14% | 5.55% | -0.40% | -1.53% | 2.45% | 13.86% | 2.31% | -11.99% | -1.19% | -13.85% | -23.44% |
| 2017 | 5.34% | -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% |
| 2013 | 4.63% | -5.19% | 1.73% | 22.10% | -2.22% | -3.62% | 19.09% | -9.79% | 8.16% | 11.89% | -4.01% | 8.63% | 57.40% |
Expense Ratio
LTL has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of LTL is 79, placing it in the top 21% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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 provided a 0.28% dividend yield over the last twelve months, with an annual payout of $0.24 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.24 | $0.50 | $0.64 | $0.63 | $0.62 | $0.35 | $0.65 | $0.84 | $0.56 | $0.64 | $0.35 | $0.37 |
Dividend yield | 0.28% | 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $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.
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 0.48%.
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 | 671 | Mar 23, 2020 | 972 | Feb 2, 2024 | 1643 |
| -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 8.12%, 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.