ProShares Ultra Communication ServicesProShares Ultra Communication ServicesProShares Ultra Communication Services

ProShares Ultra Communication Services

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Key stats


Assets under management (AUM)
‪7.03 M‬USD
Fund flows (1Y)
‪4.71 M‬USD
Dividend yield (indicated)
0.28%
Discount/Premium to NAV
2.4%

About ProShares Ultra Communication Services


Issuer
ProShare Advisors LLC
Brand
ProShares
Expense ratio
0.95%
Home page
Inception date
Mar 25, 2008
Index tracked
S&P Communication Services Select Sector Index
Management style
Passive
LTL provides 2x leveraged exposure to the Dow Jones US Select Telecommunications Index, a market-cap-weighted index of US telecom companies. Specifically, it holds a concentrated portfolio of firms involved in fixed line (regional and long-distance) and mobile telephone services (cellular, satellite, and paging). As a geared product with 2x factor that rebalances daily, LTL is not a buy-and-hold ETF, its a short-term tactical instrument. As a result, long-term returns can vary significantly from those of the underlying index due to daily compounding. Prior to March 20, 2023, the fund was called ProShares Ultra Telecommunications that tracked the Dow Jones U.S. Select Telecommunications Index.

Classification


Asset Class
Equity
Category
Sector
Focus
Communication services
Niche
Broad-based
Strategy
Vanilla
Weighting scheme
Market cap
Selection criteria
Committee

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of November 7, 2024
Exposure type
StocksBonds, Cash & Other
Technology Services
Consumer Services
Cash
Stocks73.16%
Technology Services41.34%
Consumer Services19.01%
Communications9.10%
Commercial Services3.71%
Bonds, Cash & Other26.84%
Cash26.84%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows