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:
-0.01
LTL:
2.36
WDAY:
0.20
LTL:
2.83
WDAY:
1.03
LTL:
1.39
WDAY:
-0.01
LTL:
4.14
WDAY:
-0.02
LTL:
17.69
WDAY:
18.87%
LTL:
4.03%
WDAY:
32.19%
LTL:
30.18%
WDAY:
-57.65%
LTL:
-80.20%
WDAY:
-12.46%
LTL:
-8.40%
Returns By Period
In the year-to-date period, WDAY achieves a -2.58% return, which is significantly lower than LTL's 68.92% return. Over the past 10 years, WDAY has outperformed LTL with an annualized return of 12.34%, while LTL has yielded a comparatively lower 9.30% annualized return.
WDAY
-2.58%
3.47%
25.32%
-0.45%
9.99%
12.34%
LTL
68.92%
0.49%
28.32%
68.73%
16.95%
9.30%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
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 0.24%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 0.24% | 0.98% | 2.01% | 1.14% | 1.57% | 0.83% | 1.99% | 1.95% | 0.93% | 1.55% | 0.77% | 0.82% |
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
Workday, Inc. (WDAY) has a higher volatility of 12.05% compared to ProShares Ultra Telecommunications (LTL) at 9.73%. This indicates that WDAY's price experiences larger fluctuations and is considered to be riskier than LTL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.