REK

ProShares Short Real Estate

$17.16
+0.00%
Market closed. Last update: 12:35 PM ET

📎 Investment Objective

The ProShares Short Real Estate ETF (REK) seeks to provide investment results that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. Real Estate Index.

Overview

ETF tracking ProShares Short Real Estate

Category Real Estate
Issuer ProShares
Inception Date 2010-03-18
Market Cap $10.7M
Average Volume N/A
Dividend Yield 4.26%
52-Week Range $16.04 - $19.03
VWAP $17.19

Performance

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Investment Summary

📎 Investment Objective

The ProShares Short Real Estate ETF (REK) seeks to provide investment results that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. Real Estate Index.

🎯 Investment Strategy

REK uses short positions and other financial instruments to track the inverse of the Dow Jones U.S. Real Estate Index, which measures the performance of the real estate sector of the U.S. equity market. The fund does not invest directly in real estate properties or mortgages.

✨ Key Features

  • Provides inverse exposure to the U.S. real estate market
  • Suitable for investors who believe the real estate sector will decline
  • Employs short positions and other derivatives to achieve its inverse objective
  • Has low assets under management and expense ratio of 0.00%

⚠️ Primary Risks

  • Inverse performance risk - The fund's returns will be the opposite of the underlying index, amplifying both gains and losses
  • Volatility risk - The fund's inverse exposure can result in higher volatility compared to the real estate sector
  • Liquidity risk - Low trading volume and assets under management may impact the fund's liquidity
  • Derivative risk - The use of short positions and other derivatives introduces additional risks

👤 Best For

REK may be suitable for investors with a bearish outlook on the U.S. real estate market who are seeking to hedge their exposure or profit from a decline in real estate prices. However, the fund's inverse and volatile nature makes it a high-risk investment, so it is generally not recommended for long-term buy-and-hold strategies or risk-averse investors.