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 0.29, 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.
Performance
WDAY vs. LTL - Performance Comparison
Key characteristics
WDAY:
-0.38
LTL:
1.99
WDAY:
-0.32
LTL:
2.48
WDAY:
0.95
LTL:
1.33
WDAY:
-0.38
LTL:
4.15
WDAY:
-0.63
LTL:
13.08
WDAY:
19.30%
LTL:
4.67%
WDAY:
32.49%
LTL:
30.67%
WDAY:
-57.65%
LTL:
-80.20%
WDAY:
-19.09%
LTL:
-11.04%
Returns By Period
In the year-to-date period, WDAY achieves a -3.67% return, which is significantly lower than LTL's -0.67% return. Over the past 10 years, WDAY has outperformed LTL with an annualized return of 12.26%, while LTL has yielded a comparatively lower 9.50% annualized return.
WDAY
-3.67%
-10.70%
7.31%
-11.51%
6.57%
12.26%
LTL
-0.67%
-8.05%
23.34%
63.08%
15.75%
9.50%
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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 0.29%.
| 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 | 0.29% | 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 7.41%, while ProShares Ultra Telecommunications (LTL) has a volatility of 8.88%. 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.