LTL vs. WDAY
Compare and contrast key facts about ProShares Ultra Telecommunications (LTL) and Workday, Inc. (WDAY).
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.
Performance
LTL vs. WDAY - Performance Comparison
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LTL vs. WDAY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LTL ProShares Ultra Telecommunications | -12.80% | 37.06% | 65.15% | 62.03% | -41.14% | 40.42% | -3.25% | 30.16% | -23.44% | -26.85% |
WDAY Workday, Inc. | -39.51% | -16.76% | -6.53% | 64.98% | -38.75% | 14.01% | 45.70% | 2.99% | 56.95% | 53.94% |
Returns By Period
In the year-to-date period, LTL achieves a -12.80% return, which is significantly higher than WDAY's -39.51% return. Over the past 10 years, LTL has outperformed WDAY with an annualized return of 9.01%, while WDAY has yielded a comparatively lower 5.15% annualized return.
LTL
- 1D
- 5.34%
- 1M
- -12.00%
- YTD
- -12.80%
- 6M
- -14.87%
- 1Y
- 22.03%
- 3Y*
- 42.86%
- 5Y*
- 17.66%
- 10Y*
- 9.01%
WDAY
- 1D
- 0.89%
- 1M
- -2.87%
- YTD
- -39.51%
- 6M
- -46.03%
- 1Y
- -44.37%
- 3Y*
- -14.32%
- 5Y*
- -12.61%
- 10Y*
- 5.15%
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Return for Risk
LTL vs. WDAY — Risk / Return Rank
LTL
WDAY
LTL vs. WDAY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Telecommunications (LTL) and Workday, Inc. (WDAY). 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.
| LTL | WDAY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.60 | -1.14 | +1.74 |
Sortino ratioReturn per unit of downside risk | 1.09 | -1.66 | +2.75 |
Omega ratioGain probability vs. loss probability | 1.15 | 0.79 | +0.36 |
Calmar ratioReturn relative to maximum drawdown | 1.09 | -0.83 | +1.92 |
Martin ratioReturn relative to average drawdown | 3.33 | -1.83 | +5.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LTL | WDAY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | -1.14 | +1.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | -0.34 | +0.85 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.24 | 0.14 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.15 | 0.20 | -0.04 |
Correlation
The correlation between LTL and WDAY is 0.29, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
LTL vs. WDAY - Dividend Comparison
LTL's dividend yield for the trailing twelve months is around 0.93%, while WDAY has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LTL ProShares Ultra Telecommunications | 0.93% | 0.64% | 0.29% | 0.97% | 2.01% | 1.14% | 1.57% | 0.83% | 1.99% | 1.96% | 0.70% | 1.55% |
WDAY Workday, 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. WDAY - Drawdown Comparison
The maximum LTL drawdown since its inception was -80.20%, which is greater than WDAY's maximum drawdown of -59.58%. Use the drawdown chart below to compare losses from any high point for LTL and WDAY.
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Drawdown Indicators
| LTL | WDAY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -80.20% | -59.58% | -20.62% |
Max Drawdown (1Y)Largest decline over 1 year | -21.91% | -54.80% | +32.89% |
Max Drawdown (5Y)Largest decline over 5 years | -52.60% | -59.58% | +6.98% |
Max Drawdown (10Y)Largest decline over 10 years | -64.15% | -59.58% | -4.57% |
Current DrawdownCurrent decline from peak | -15.87% | -57.71% | +41.84% |
Average DrawdownAverage peak-to-trough decline | -28.85% | -20.40% | -8.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.19% | 24.81% | -17.62% |
Volatility
LTL vs. WDAY - Volatility Comparison
The current volatility for ProShares Ultra Telecommunications (LTL) is 10.36%, while Workday, Inc. (WDAY) has a volatility of 13.44%. This indicates that LTL experiences smaller price fluctuations and is considered to be less risky than WDAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LTL | WDAY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.36% | 13.44% | -3.08% |
Volatility (6M)Calculated over the trailing 6-month period | 19.71% | 28.89% | -9.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.87% | 39.02% | -2.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.53% | 37.24% | -2.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.06% | 38.04% | -0.98% |