LTL

ProShares Ultra Communication Services

$102.10

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The ProShares Ultra Communication Services ETF (LTL) seeks to provide daily investment results that correspond to two times (2x) the daily performance of the Communication Services Select Sector Index.

Overview

ETF tracking ProShares Ultra Communication Services

Category Leveraged

Issuer ProShares

Inception Date 2008-11-12

Market Cap $15.3M

Average Volume N/A

Dividend Yield 0.39%

52-Week Range $64.32 - $118.32

VWAP $102.17

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund uses a combination of financial instruments, such as futures contracts and swap agreements, to provide the 2x leveraged exposure to the underlying index. It does not invest directly in the securities that make up the index.

✨ Key Features

Provides 2x the daily performance of the Communication Services Select Sector Index
Utilizes leveraged investment techniques to amplify returns
Designed for short-term trading and not suitable for long-term buy-and-hold investors
Has a high expense ratio compared to non-leveraged ETFs

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for increased volatility and larger losses compared to the underlying index
Tracking error risk, as the fund may not perfectly match the 2x daily performance of the index
Liquidity risk, as the fund may have lower trading volume and less liquidity than the underlying securities

👤 Best For

This ETF is designed for experienced, risk-tolerant investors who seek to amplify their exposure to the communication services sector on a short-term basis. It is not suitable for long-term investors or those with a low risk tolerance.