ProShares UltraShort Real Estate (SRS)

NYSEARCA: SRS · Real-Time Price · USD
47.07
+0.19 (0.41%)
Nov 20, 2024, 4:00 PM EST - Market closed
0.41%
Assets $28.15M
Expense Ratio 0.95%
PE Ratio n/a
Shares Out 537,888
Dividend (ttm) $0.79
Dividend Yield 1.68%
Ex-Dividend Date Sep 25, 2024
Payout Ratio n/a
1-Year Return -35.99%
Volume 18,967
Open 47.36
Previous Close 46.88
Day's Range 47.07 - 47.44
52-Week Low 12.16
52-Week High 73.20
Beta -1.92
Holdings 8
Inception Date Jan 30, 2007

About SRS

Fund Home Page

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

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

Dividends

Ex-Dividend Amount Pay Date
Sep 25, 2024 $0.197 Oct 2, 2024
Jun 26, 2024 $0.241 Jul 3, 2024
Mar 20, 2024 $0.128 Mar 27, 2024
Dec 20, 2023 $0.222 Dec 28, 2023
Sep 20, 2023 $0.664 Sep 27, 2023
Jun 21, 2023 $0.592 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...

7 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...

3 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

3 REIT Types Poised To Soar

REITs are surging in value right now. Some REITs have a lot more upside potential than others. Here are three types of REITs that will soar.

4 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.

5 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...

6 months ago - Seeking Alpha

8 Surprising Reasons REITs Will Save You Big On Taxes

REITs are historically cheap right now. They also offer significant tax benefits. Here are 8 REIT tax advantages that are underappreciated.

6 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...

6 months ago - Seeking Alpha

Why I'm Steering Clear Of REIT ETFs

Active managers typically underperform their passive benchmarks. REITs are an exception in which stock-picking can be lucrative. I explain why this is.

7 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...

7 months ago - Seeking Alpha

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.

9 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...

10 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

Land REITs: Disinflation Headwinds

One of the hottest "inflation hedges" during the pandemic, land REITs have fallen out-of-favor as rising rates and normalizing supply chains have created disinflationary - and even deflationary - head...

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