LTL vs. BRK-B
Compare and contrast key facts about ProShares Ultra Telecommunications (LTL) and Berkshire Hathaway Inc. (BRK-B).
LTL is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Select Telecommunications Index (200%). It was launched on Mar 25, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LTL or BRK-B.
Performance
LTL vs. BRK-B - Performance Comparison
Returns By Period
In the year-to-date period, LTL achieves a 66.61% return, which is significantly higher than BRK-B's 33.62% return. Over the past 10 years, LTL has underperformed BRK-B with an annualized return of 8.83%, while BRK-B has yielded a comparatively higher 12.45% annualized return.
LTL
66.61%
14.57%
32.16%
72.68%
17.47%
8.83%
BRK-B
33.62%
3.46%
16.98%
31.72%
16.97%
12.45%
Key characteristics
| LTL | BRK-B | |
|---|---|---|
| Sharpe Ratio | 2.46 | 2.21 |
| Sortino Ratio | 3.00 | 3.10 |
| Omega Ratio | 1.40 | 1.40 |
| Calmar Ratio | 3.01 | 4.18 |
| Martin Ratio | 18.26 | 10.90 |
| Ulcer Index | 3.98% | 2.91% |
| Daily Std Dev | 29.49% | 14.36% |
| Max Drawdown | -80.20% | -53.86% |
| Current Drawdown | -0.88% | -0.42% |
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Correlation
The correlation between LTL and BRK-B is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
LTL vs. BRK-B - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Telecommunications (LTL) and Berkshire Hathaway Inc. (BRK-B). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
LTL vs. BRK-B - Dividend Comparison
LTL's dividend yield for the trailing twelve months is around 0.28%, while BRK-B has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LTL ProShares Ultra Telecommunications | 0.28% | 0.98% | 2.01% | 1.14% | 1.57% | 0.83% | 1.99% | 1.95% | 0.93% | 1.55% | 0.77% | 0.82% |
BRK-B Berkshire Hathaway Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LTL vs. BRK-B - Drawdown Comparison
The maximum LTL drawdown since its inception was -80.20%, which is greater than BRK-B's maximum drawdown of -53.86%. Use the drawdown chart below to compare losses from any high point for LTL and BRK-B. For additional features, visit the drawdowns tool.
Volatility
LTL vs. BRK-B - Volatility Comparison
ProShares Ultra Telecommunications (LTL) has a higher volatility of 8.19% compared to Berkshire Hathaway Inc. (BRK-B) at 6.66%. This indicates that LTL's price experiences larger fluctuations and is considered to be riskier than BRK-B based on this measure. The chart below showcases a comparison of their rolling one-month volatility.