ProShares Short Real Estate (REK)
| Assets | $10.52M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 654,888 |
| Dividend (ttm) | $1.10 |
| Dividend Yield | 6.72% |
| Ex-Dividend Date | Sep 25, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | -16.52% |
| Volume | 1,215 |
| Open | 16.42 |
| Previous Close | 16.38 |
| Day's Range | 16.42 - 16.46 |
| 52-Week Low | 15.97 |
| 52-Week High | 20.55 |
| Beta | -1.01 |
| Holdings | 8 |
| Inception Date | Mar 18, 2010 |
About REK
Fund Home PageThe ProShares Short Real Estate (REK) is an exchange-traded fund that is based on the S&P Real Estate Select Sector index. The fund provides inverse exposure to a market cap-weighted index of large US real estate companies, including REITs. REK was launched on Mar 18, 2010 and is issued by ProShares.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2024 | $0.293 | Oct 2, 2024 |
| Jun 26, 2024 | $0.312 | Jul 3, 2024 |
| Mar 20, 2024 | $0.192 | Mar 27, 2024 |
| Dec 20, 2023 | $0.306 | Dec 28, 2023 |
| Sep 20, 2023 | $0.215 | Sep 27, 2023 |
| Jun 21, 2023 | $0.169 | Jun 28, 2023 |
News
REITs: Key Demographic Trends Driving Opportunity
Understanding long-term demographic trends is crucial for real estate investments, with population growth and density significantly impacting property values. The aging U.S. population will drive dema...
Firming Inflation Fizzles Optimism
U.S. equity markets posted their worst week in two months as benchmark interest rates jumped to four-month highs after a critical slate of inflation data showed modestly firming price pressures. Fueli...
5 U.S. REITs Suspend Dividends Amid 2024 Cuts
Five US real estate investment trusts have suspended dividends so far this year, while six other REITs have lowered regular dividend payouts. The activity contrasts with the more than one-third of the...
U.S. REITs Log Dip In Short Interest In September
Average REIT short interest fell 8 basis points in September to 3.7% of shares outstanding, per S&P Global Market Intelligence data. The hotel sector followed with a 60-basis point drop, while the off...
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...
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...
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...
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...
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...
State Of REIT Nation: Not Out Of The Woods, Yet
Two years of persistent rate-driven pressure on commercial and residential real estate markets appeared to be easing in early 2024, but firming inflation has again muddied the outlook. Expectations of...
Why Lower Rates Could Lead To Opportunities In REITs This Year
How REITs have fared through high interest rate environment. Takeaways from REITs earnings season so far. When rate cuts do come, some REIT sectors may stand to benefit.
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...
Fed Looms As Earnings Begin
U.S. equity markets notched another week of gains after a busy slate of economic data and corporate earnings results were broadly consistent with a "soft landing" trend for the domestic economy. Ahead...
