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LTLProShares Ultra Communication Services

Take a bet18y track recordRanked #457 of 775 in this goal

Seeks daily investment results of 200% of the daily performance of the S&P Communication Services Select Sector Index.

By ProShares · Launched 2008

Annual Cost

0.95%

#4,684 of 5,562 · expensive

Fund Size

$8M

#4,857 of 5,562 · small

Return (1Y)Goal

+6.2%

Track Record

18 years

#590 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,033+0.3%

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

Classification

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

Top 10 holdings = 49.4% of fundmoderately concentrated

Meta Platforms, Inc.
9.8%
Alphabet, Inc.
8.4%
Alphabet, Inc.
6.8%
Warner Bros Discovery, Inc.
4.5%
Netflix, Inc.
3.9%
Electronic Arts, Inc.
3.4%
Verizon Communications, Inc.
3.2%
Take-Two Interactive Software, Inc.
3.2%
AT&T, Inc.
3.1%
Walt Disney Co. (The)
3.1%

Asset allocation

Stocks
69.8%
Cash
30.2%

By sector

Communication
100.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
27.1%High

Year-on-year price swings

Max drawdown
-64.1%Severe

Worst peak-to-trough loss

Sharpe (3Y)
0.91Decent risk-adjusted returns
Sortino (3Y)
1.32Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks daily investment results of 200% of the daily performance of the S&P Communication Services Select Sector Index.
Strategy
Invests primarily in financial instruments to achieve 2x daily exposure to the S&P Communication Services Select Sector Index. Uses equity securities, derivatives, and money market instruments, rebalancing daily to maintain targeted leverage.
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

Leveraged ETF — not a long-term hold

This fund uses leverage to amplify daily returns (e.g. 2x or 3x of an index). Daily rebalancing creates volatility decay — over weeks and months, the fund's return drifts from the stated multiple. In trending markets with low realised volatility, leveraged index ETFs can outperform their nominal multiple; in sideways or volatile markets they bleed. Designed for short-term tactical use, not buy-and-hold.

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

Why we flagged this: strategy=leveraged + leveraged_name_or_strategy

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 2026-06-19