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Beacon

LTLProShares Ultra Communication Services

Take a bet18y track recordRanked #521 of 949 in this goal

Seeks daily investment results that correspond to 2x the daily performance of the S&P Communication Services Select Sector Index.

By ProShares · Launched 2008

Annual Cost

0.95%

#4,882 of 5,861 · expensive

Fund Size

$7M

#5,069 of 5,861 · small

Return (1Y)Goal

-2.2%

Track Record

18 years

#579 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$8,812-11.9%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

North america

Strategy

Leveraged

Sector

Communication services

Index tracked

S&P Communication Services Select Sector Index

What it actually holds

By weight

Concentration

synthetic exposure — holdings shown are derivatives collateral, not the fund's positions

Meta Platforms, Inc.
12.7%
Alphabet, Inc.
6.9%
Alphabet, Inc.
5.5%
N/A
4.3%
Netflix, Inc.
3.7%
Repurchase Agreement
3.7%
Verizon Communications, Inc.
3.7%
AT&T, Inc.
3.3%
Comcast Corp.
3.3%
T-Mobile US, Inc.
3.2%

Asset allocation

Stocks
56.3%
Other
26.6%
Cash
17.1%

By sector

Communication
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
29.8%High

Year-on-year price swings

Max drawdown
-65.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.80Decent risk-adjusted returns
Sortino (3Y)
1.15Good downside protection

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results that correspond to 2x the daily performance of the S&P Communication Services Select Sector Index.
Strategy
Invests in financial instruments to achieve daily investment results that correspond to 2x the daily performance of the S&P Communication Services Select Sector Index. The Fund primarily invests in equity securities and derivatives to gain leveraged exposure to the Index, which includes communication services companies in the largest U.S. firms.
Inception date
March 25, 2008
Fund family
ProShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Leveraged
Warning

Your return drifts the longer you hold

Leverage amplifies the index's daily move, by 2x or 3x. The fund resets every day, so over weeks and months your real return drifts from that multiple. It can run ahead in a smooth climb and bleed in a choppy one. Hold one for months and you own a different bet than the label suggests.

Sources: Cheng & Madhavan, 'The Dynamics of Leveraged and Inverse ETFs' (2009)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-04