WDAY vs. LTL
Compare and contrast key facts about Workday, Inc. (WDAY) and ProShares Ultra Telecommunications (LTL).
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: WDAY or LTL.
Correlation
The correlation between WDAY and LTL is 0.57, 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.
Performance
WDAY vs. LTL - Performance Comparison
Key characteristics
WDAY:
-0.03
LTL:
1.01
WDAY:
0.22
LTL:
1.49
WDAY:
1.03
LTL:
1.22
WDAY:
-0.04
LTL:
1.14
WDAY:
-0.11
LTL:
3.98
WDAY:
11.32%
LTL:
9.82%
WDAY:
36.96%
LTL:
38.67%
WDAY:
-57.65%
LTL:
-80.20%
WDAY:
-19.34%
LTL:
-16.98%
Returns By Period
In the year-to-date period, WDAY achieves a -3.97% return, which is significantly lower than LTL's -2.43% return. Over the past 10 years, WDAY has outperformed LTL with an annualized return of 10.75%, while LTL has yielded a comparatively lower 8.44% annualized return.
WDAY
-3.97%
14.12%
2.71%
-0.85%
9.09%
10.75%
LTL
-2.43%
22.66%
4.44%
32.55%
23.23%
8.44%
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Risk-Adjusted Performance
WDAY vs. LTL — Risk-Adjusted Performance Rank
WDAY
LTL
WDAY vs. LTL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Workday, Inc. (WDAY) and ProShares Ultra Telecommunications (LTL). 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
WDAY vs. LTL - Dividend Comparison
WDAY has not paid dividends to shareholders, while LTL's dividend yield for the trailing twelve months is around 0.34%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
LTL ProShares Ultra Telecommunications | 0.34% | 0.29% | 0.98% | 2.01% | 1.14% | 1.57% | 0.83% | 1.99% | 1.95% | 0.93% | 1.55% | 0.77% |
Drawdowns
WDAY vs. LTL - Drawdown Comparison
The maximum WDAY drawdown since its inception was -57.65%, smaller than the maximum LTL drawdown of -80.20%. Use the drawdown chart below to compare losses from any high point for WDAY and LTL. For additional features, visit the drawdowns tool.
Volatility
WDAY vs. LTL - Volatility Comparison
The current volatility for Workday, Inc. (WDAY) is 13.50%, while ProShares Ultra Telecommunications (LTL) has a volatility of 21.30%. This indicates that WDAY experiences smaller price fluctuations and is considered to be less risky than LTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.