- What are the top holdings of LTL?
- ProShares Ultra Communication Services holds 28 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does LTL have?
- LTL holds 28 positions as reported by the fund's most recent disclosure.
- What sectors does LTL invest in?
- ProShares Ultra Communication Services (LTL) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is LTL most exposed to?
- LTL's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is LTL a US-only fund?
- The country allocation card on this page shows LTL's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does LTL invest in?
- 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.
