URE

ProShares Ultra Real Estate

$60.35
+0.00%
Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The ProShares Ultra Real Estate ETF (URE) seeks to provide 2x the daily return of the Dow Jones U.S. Real Estate Index, which tracks the performance of real estate investment trusts (REITs) and other real estate companies.

Overview

ETF tracking ProShares Ultra Real Estate

Category Leveraged
Issuer ProShares
Inception Date 2008-11-12
Market Cap $57.3M
Average Volume N/A
Dividend Yield 2.20%
52-Week Range $50.99 - $77.01
VWAP $60.13

Performance

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Investment Summary

📎 Investment Objective

The ProShares Ultra Real Estate ETF (URE) seeks to provide 2x the daily return of the Dow Jones U.S. Real Estate Index, which tracks the performance of real estate investment trusts (REITs) and other real estate companies.

🎯 Investment Strategy

The fund uses derivatives, such as swaps and futures contracts, 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 Dow Jones U.S. Real Estate Index
  • Utilizes derivatives to achieve the leveraged exposure
  • Designed for short-term trading and not long-term buy-and-hold investing
  • Has low assets under management and expense ratio of 0.00%

⚠️ Primary Risks

  • Leveraged funds can experience greater volatility and losses compared to the underlying index
  • Derivative instruments used to achieve leverage introduce counterparty and liquidity risks
  • Potential for significant losses if the real estate sector underperforms
  • Not suitable for investors with long-term investment horizons

👤 Best For

This ETF is best suited for experienced, sophisticated investors with a high risk tolerance who are looking for short-term, speculative exposure to the real estate sector. It is not recommended for long-term, buy-and-hold investors.