ProShares Ultra Real Estate (URE)

NYSEARCA: URE · Real-Time Price · USD
70.54
-2.88 (-3.92%)
Oct 31, 2024, 4:00 PM EDT - Market closed
-3.92%
Assets $80.74M
Expense Ratio 0.95%
PE Ratio n/a
Shares Out 1.09M
Dividend (ttm) $1.34
Dividend Yield 1.83%
Ex-Dividend Date Sep 25, 2024
Payout Ratio n/a
1-Year Return +68.15%
Volume 7,829
Open 72.39
Previous Close 73.42
Day's Range 70.54 - 72.85
52-Week Low 45.51
52-Week High 78.47
Beta 2.07
Holdings 40
Inception Date Jan 30, 2007

About URE

Fund Home Page

The ProShares Ultra Real Estate (URE) is an exchange-traded fund that is based on the Real Estate Select Sector index. The fund provides 2x leveraged exposure to a market cap-weighted index of large US real estate companies, including REITs. URE was launched on Jan 30, 2007 and is issued by ProShares.

Asset Class Equity
Category Trading--Leveraged Equity
Region North America
Stock Exchange NYSEARCA
Ticker Symbol URE
ETF Provider ProShares
Index Tracked Real Estate Select Sector Index

Top 10 Holdings

156.91% of assets
Name Symbol Weight
REAL ESTATE SELECT SECTOR INDEX SWAP UBS AG n/a 47.59%
REAL ESTATE SELECT SECTOR INDEX SWAP BNP PARIBAS n/a 33.69%
REAL ESTATE SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL n/a 27.33%
REAL ESTATE SELECT SECTOR INDEX SWAP BANK OF AMERICA NA n/a 12.69%
REAL ESTATE SELECT SECTOR INDEX SWAP SOCIETE GENERALE n/a 7.83%
Prologis, Inc. PLD 6.25%
REAL ESTATE SELECT SECTOR INDEX SWAP CITIBANK NA n/a 6.01%
American Tower Corporation AMT 5.81%
Equinix, Inc. EQIX 5.04%
Welltower Inc. WELL 4.67%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Sep 25, 2024 $0.31505 Oct 2, 2024
Jun 26, 2024 $0.5275 Jul 3, 2024
Mar 20, 2024 $0.04104 Mar 27, 2024
Dec 20, 2023 $0.45781 Dec 28, 2023
Sep 20, 2023 $0.25751 Sep 27, 2023
Jun 21, 2023 $0.12351 Jun 28, 2023
Full Dividend History

News

Perspectives: Listed REITs - Fall Edition

Public REITs have benefited from a great rotation within equity markets since the end of June, with U.S. REITs returning 13.2% vs. S&P 500 3.7%. Clear evidence of a growth slowdown and moderating infl...

4 weeks ago - Seeking Alpha

The REIT Comeback: Earnings Recap

Over 200 U.S. REITs and homebuilders have reported second-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate in...

2 months ago - Seeking Alpha

REIT Earnings Halftime Report

We're at the halfway point of another consequential real estate earnings season, with 75 of the roughly 150 equity REITs and 19 of 38 mortgage REITs now having reported results. Amid an otherwise unde...

3 months ago - Seeking Alpha

Why More Rate Cuts May Be Needed To Help Lift REITs

Rate cuts have finally arrived, but why hasn't it benefitted REITs? What's needed to lift the REITs market. Why REITs are still struggling.

4 months ago - Seeking Alpha

Jobs Data Dilemma

U.S. equity markets posted mixed performance as investors parsed a perplexing slate of employment data, showing clear signs of cooling across essentially all metrics except for the "headline" payrolls...

5 months ago - Seeking Alpha

Eyes On The ECB

U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increa...

5 months ago - Seeking Alpha

Why REIT's Didn't Grow In 2023

REIT FFO/share growth in 2023 was stalled due to increased insurance premiums and property taxes. Property taxes jumped from $170B to almost $200B in 2023, while insurance costs doubled as a percentag...

5 months ago - Seeking Alpha

2 Years Of Gloom Have Done Interesting Things To REIT Valuation

REITs experienced a 26% drop in prices due to rising interest rates, creating opportunities for investors. Despite the overall decline, many REIT sectors, such as industrial, multifamily, and manufact...

6 months ago - Seeking Alpha

An Opportunity For REITs To Shine In 2024

The yield on 10-year Treasury Inflation-Protected Securities TIPS fell significantly from ~2.5% to ~1.7% in the last two months of 2023. How does this affect real estate? As long-lived, fixed assets w...

9 months ago - Seeking Alpha

2024 Listed REITs Outlook

After lagging equities for the past two years, REITs offer an attractive investment opportunity in 2024. Peaking or falling yields have historically been a catalyst for strong REIT market outperforman...

9 months ago - Seeking Alpha

Why REITs Will Likely Pummel The S&P 500

The S&P 500 has massively outperformed REITs in recent years. But we expect this outperformance to soon reverse. I explain why I expect REITs to easily beat the S&P 500 going forward.

1 year ago - Seeking Alpha

Why Warren Buffett And Charlie Munger Don't Like REITs But You Should

Why Warren Buffett And Charlie Munger Don't Like REITs But You Should

1 year ago - Seeking Alpha

Urgent Warning To REIT Investors

REITs are currently facing widespread dislike among investors. The negative sentiment towards REITs is due to the high-interest rates. I explain why I believe that most investors are misguided and hig...

1 year ago - Seeking Alpha

Opportunities In Listed REITs Today

Amidst the bearish sentiment towards real estate, a compelling opportunity to own REITs has emerged. The deeply discounted REIT market has largely priced in the challenges for real estate of higher ra...

1 year ago - Seeking Alpha

My Bullish REIT Thesis And Catalysts That Could Take Us To New ATHs

I hold a significant allocation towards quality REITs. In this article, I share my bullish thesis for investing in the sector. I also highlight catalysts that could take quality REITs to new all-time ...

1 year ago - Seeking Alpha

Peak Bear Has Arrived In Real Estate

Allow me to utilize 2 overused quotes: Buy when there is blood in the streets. Be greedy when others are fearful.

1 year ago - Seeking Alpha

REITs: Ever Changing, Ever Valuable

In recent years, specialized technology-adjacent property types such as towers, data centers and industrial have gained prominence in the real estate market due to changes in consumer behavior, techno...

1 year ago - Seeking Alpha

Navigating The Sustainable REIT Market: Green Alpha's Essential Guide

This article will unveil our analysis, providing you with some insight toward understanding the current state of the REIT market and its future potential, particularly in the realm of sustainable inve...

1 year ago - Seeking Alpha

Important Warning For REIT Investors

A lot of investors appear to think that REITs will drop lower. They believe that their valuations aren't low enough. Do they have a point? We take a closer look and issue a warning to those REIT inves...

1 year ago - Seeking Alpha

Determining The Viability Of A REIT's Business Model

Certain businesses are better than others at a strategic level. A good underlying strategy is essential to long-term profitability.

1 year ago - Seeking Alpha

ProShares and ProFunds Announce Benchmark Changes for 53 Geared Sector Funds

BETHESDA, Md.--(BUSINESS WIRE)--ProShares and ProFunds, premier providers of leveraged and inverse funds, announced plans to change the underlying indices for a combined 53 sector ETFs and mutual fu...

Other symbols: DIGDUGLTLREKREWROMRXD
1 year ago - Business Wire

2023 Chilton REIT Forecast

Although the change in public REIT equity prices over the past 12 months would not suggest it, 2022 actually saw earnings growth arrive above our initial expectations. We forecast total returns for RE...

1 year ago - Seeking Alpha

Mall REITs: The Bleeding Has Stopped

Mall REITs - which endured a dismal stretch of underperformance from 2015-2020 - enter the critical holiday season on surprisingly stable footing as resilient consumer spending has offset broader macr...

2 years ago - Seeking Alpha

Healthcare REITs: Staffing Shortage Stumble

Healthcare REITs have lagged over the past quarter as sharply higher labor costs, a sluggish post-COVID recovery in patient volumes, and the waning of government fiscal support have pressured operator...

Other symbols: AREBBREDRNDRVFRELFRIHR
2 years ago - Seeking Alpha

Important Warning To REIT Investors

REITs are trading at the lowest valuation in years. Yet, few seem to be buying them due to fears of rising rates.

2 years ago - Seeking Alpha