ProShares Short Real Estate (REK)
| Assets | $49.73M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 2.30M |
| Dividend (ttm) | $0.23 |
| Dividend Yield | 1.08% |
| Ex-Dividend Date | Mar 22, 2023 |
| Payout Ratio | n/a |
| 1-Year Return | +21.84% |
| Volume | 78,466 |
| Open | 21.86 |
| Previous Close | 21.65 |
| Day's Range | 21.11 - 21.86 |
| 52-Week Low | 16.03 |
| 52-Week High | 23.07 |
| Beta | -0.83 |
| Holdings | 6 |
| Inception Date | Mar 18, 2010 |
About REK
The ProShares Short Real Estate (REK) is an exchange-traded fund that mostly invests in real estate equity. 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 managed by ProShares.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 22, 2023 | $0.13026 | Mar 29, 2023 |
| Dec 22, 2022 | $0.09729 | Dec 30, 2022 |
| Mar 25, 2020 | $0.0158 | Apr 1, 2020 |
| Dec 24, 2019 | $0.0532 | Jan 2, 2020 |
| Sep 25, 2019 | $0.0838 | Oct 2, 2019 |
| Jun 25, 2019 | $0.1099 | Jul 2, 2019 |
News
Rate-Sensitive Sector ETFs to Go Short on As Fed Turns Hawkish
When interest rates rise, rate-sensitive sectors, known for the income they generate, fall out of favor as investors gain similar levels of income without any stock risk.
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...
How to Short Real Estate: 3 Ways to Profit From a Housing Market Crash
Source: Shutterstock In 2007, Michael Burry — the then-head of Scion Capital — did something unthinkable: he shorted the real estate market. As the housing market inevitably collapsed, Burry and a han...
Short Rate-Sensitive Sectors With These ETFs
When interest rates rise, the sectors, known for the income they generate, fall out of favor as investors gain similar levels of income without any stock risk.
Housing market seemingly in ‘free fall' – how to short it?
Since the start of the pandemic, one of the strongest sectors of the U.S. economy was the housing market. However,.
It's time to buy REITS to hedge against inflation, even though the real estate sector has struggled so far this year, says investment research firm
The S&P 500 Real Estate sector has struggled this year amid recession concerns and rising bond yields.
Go Short on Rate-Sensitive Sectors With ETFs as Rate Rises
U.S. yields have seen a solid surge on Fed's tightening policy that will likely take a toll on rate-sensitive high-yield sectors.
Barclays analyst Lea Overby calls out potential red flags for commercial real estate
Lea Overby, Barclays analyst, joins 'The Exchange' to discuss the company's latest survey, which stated that global office demand could drop 10 to 20 percent due to the shift to hybrid work. For acces...
‘Wealth Creation Through Housing Is Not Guaranteed': Here Are the Most Overvalued Housing Markets in America
A new report from researchers at Florida Atlantic University and Florida International University examined which housing markets nationwide are most overvalued.
Real estate pro Ivy Zelman sees the housing market staying hot after a strong 2021
Ivy Zelman, Zelman and Associates CEO, joins 'Closing Bell' to discuss how supply chain challenges are affecting the housing markets, why the booming housing market is lasting longer than she expected...
Econofact: Where are house prices rising the most? And why are they going up so fast?
The price of housing has a special importance because housing is both a basic necessity and a key component of wealth.
George Soros warns that the country's troubled real estate industry could devastate its economy
China is facing an economic crisis after a real estate boom ended with a bang last year, according to investor George Soros.
Inflation is real, buy real estate, says Bill Smead
Bill Smead, Smead Capital Management CIO, joins 'The Exchange' to discuss the homebuilder stocks.
Real estate expert warns of commercial 'bloodbath'
The Commercial Academy J. Scott Scheel discusses the massive defaults that will hit the commercial real estate industry.
The Escape Home: Here's what real estate agents say to expect about the market in 2022
This article is reprinted by permission from The Escape Home , a newsletter for second homeowners and those who want to be. Subscribe here.
Home price growth slows for third straight month
Yahoo Finance's Dani Romero discusses the slowdown in home price growth and how the pandemic has pushed many Americans into suburban homes. Don't Miss: Valley of Hype: The Culture That Built Elizabeth...
Real estate outlook for 2022: Are there signs the housing market may be cooling off?
Yahoo Finance's Alexis Christoforous speaks with CFRA Research's Ken Leon to discuss housing market trends and the the outlook for 2022. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Ho...
Commercial real estate sales skyrocket amid the coronavirus pandemic: Report
In an exclusive interview with Yahoo Finance, Grant Cardone, Entrepreneur and Author, discusses the recent surge in commercial real estate sales amid the Covid-19 pandemic. Don't Miss: Valley of Hype:...
Here's where Ivy Zelman sees the housing market headed
Ivy Zelman, CEO of Zelman and Associates, joins Closing Bell to talk about the housing market and where she sees it going from here. "We believe we're already actually overbuilding in single family [h...
One-Third Of Pending Home Sales Go Under Contract Within A Week: Report
One-third of pending home sales in the U.S. went under a contract within a week of being listed, according to new data from the brokerage Redfin Corp (NASDAQ: RDFN). What Happened: Redfin noted the sp...
Rent-to-own home ownership spikes amid COVID-19
Adena Hefets, Divvy Homes Co-Founder and CEO joins the Yahoo Finance's Akiko Fujita to discuss Divvy Homes, a property-technology startup buys homes on behalf of renters and helps them become owners. ...
Home flipping is back, but profits are at decade low
CNBC's Diana Olick reports that home flipping has made a comeback this year, but still remains less profitable than it was. For access to live and exclusive video from CNBC subscribe to CNBC PRO: http...
Real Estate Companies Net Combined $275M in Funding
Real estate platform Ribbon on Tuesday (Sept. 14) announced that it has generated $150 million, comprised of $75 million in Series C equity financing and $75 million in additional working capital.