Key stats
About ProShares Ultra Communication Services
Home page
Inception date
Mar 25, 2008
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Consumer Services
Cash
Stocks63.23%
Technology Services31.48%
Consumer Services20.88%
Communications7.71%
Commercial Services3.17%
Bonds, Cash & Other36.77%
Cash36.77%
Stock breakdown by region
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
Frequently Asked Questions
LTL invests in stocks. The fund's major sectors are Technology Services, with 31.48% stocks, and Consumer Services, with 20.88% of the basket. The assets are mostly located in the North America region.
LTL last dividends amounted to 0.09 USD. The quarter before, the issuer paid 0.03 USD in dividends, which shows a 61.11% increase.
LTL assets under management is 7.90 M USD. It's risen 31.64% over the last month.
LTL fund flows account for 4.95 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, LTL pays dividends to its holders with the dividend yield of 0.32%. The last dividend (Apr 1, 2025) amounted to 0.09 USD. The dividends are paid quarterly.
LTL shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Mar 25, 2008, and its management style is Passive.
LTL expense ratio is 0.95% meaning you'd have to pay 0.95% of your investment to help manage the fund.
LTL follows the S&P Communication Services Select Sector Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LTL invests in stocks.
LTL price has risen by 23.46% over the last month, and its yearly performance shows a 35.40% increase. See more dynamics on LTL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 29.68% over the last month, showed a −10.06% decrease in three-month performance and has increased by 35.75% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 29.68% over the last month, showed a −10.06% decrease in three-month performance and has increased by 35.75% in a year.
LTL trades at a premium (0.08%) meaning the ETF is trading at a higher price than the calculated NAV.