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.
Performance
WDAY vs. LTL - Performance Comparison
Returns By Period
In the year-to-date period, WDAY achieves a -2.89% return, which is significantly lower than LTL's 67.28% return. Over the past 10 years, WDAY has outperformed LTL with an annualized return of 11.25%, while LTL has yielded a comparatively lower 8.87% annualized return.
WDAY
-2.89%
8.64%
2.75%
14.43%
9.20%
11.25%
LTL
67.28%
12.86%
36.10%
73.37%
17.58%
8.87%
Key characteristics
| WDAY | LTL | |
|---|---|---|
| Sharpe Ratio | 0.41 | 2.58 |
| Sortino Ratio | 0.79 | 3.10 |
| Omega Ratio | 1.12 | 1.42 |
| Calmar Ratio | 0.41 | 3.15 |
| Martin Ratio | 0.72 | 18.96 |
| Ulcer Index | 18.50% | 4.01% |
| Daily Std Dev | 32.54% | 29.51% |
| Max Drawdown | -57.65% | -80.20% |
| Current Drawdown | -12.74% | -0.48% |
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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.
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 0.28%.
| 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 | 0.28% | 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 9.79% compared to ProShares Ultra Telecommunications (LTL) at 8.12%. 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.