ProShares Ultra Communication ServicesProShares Ultra Communication ServicesProShares Ultra Communication Services

ProShares Ultra Communication Services

No trades
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Key stats


Assets under management (AUM)
‪9.11 M‬USD
Fund flows (1Y)
‪6.01 M‬USD
Dividend yield (indicated)
0.29%
Discount/Premium to NAV
−0.004%
Shares outstanding
‪110.00 K‬
Expense ratio
0.95%

About ProShares Ultra Communication Services


Issuer
ProShare Advisors LLC
Brand
ProShares
Home page
Inception date
Mar 25, 2008
Structure
Open-Ended Fund
Index tracked
S&P Communication Services Select Sector Index
Replication method
Synthetic
Management style
Passive
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
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
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
Committee
What's in the fund
Exposure type
StocksBonds, Cash & Other
Technology Services
Consumer Services
Communications
Cash
Stock breakdown by region
100%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.