ProShares Ultra Real Estate (URE)
| Assets | $79.92M |
| Expense Ratio | 0.95% |
| PE Ratio | n/a |
| Shares Out | 1.04M |
| Dividend (ttm) | $1.34 |
| Dividend Yield | 1.82% |
| Ex-Dividend Date | Sep 25, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +29.84% |
| Volume | 1,254 |
| Open | 74.26 |
| Previous Close | 73.88 |
| Day's Range | 73.32 - 74.26 |
| 52-Week Low | 49.68 |
| 52-Week High | 78.47 |
| Beta | 2.08 |
| Holdings | 41 |
| Inception Date | Jan 30, 2007 |
About URE
Fund Home PageThe 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.
Top 10 Holdings
158.32% of assets| Name | Symbol | Weight |
|---|---|---|
| REAL ESTATE SELECT SECTOR INDEX SWAP UBS AG | n/a | 46.28% |
| REAL ESTATE SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL | n/a | 28.19% |
| REAL ESTATE SELECT SECTOR INDEX SWAP BNP PARIBAS | n/a | 27.86% |
| REAL ESTATE SELECT SECTOR INDEX SWAP BANK OF AMERICA NA | n/a | 19.71% |
| REAL ESTATE SELECT SECTOR INDEX SWAP SOCIETE GENERALE | n/a | 8.08% |
| REAL ESTATE SELECT SECTOR INDEX SWAP CITIBANK NA | n/a | 7.46% |
| Prologis, Inc. | PLD | 5.92% |
| American Tower Corporation | AMT | 5.34% |
| Equinix, Inc. | EQIX | 5.10% |
| Welltower Inc. | WELL | 4.38% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 25, 2024 | $0.315 | Oct 2, 2024 |
| Jun 26, 2024 | $0.528 | Jul 3, 2024 |
| Mar 20, 2024 | $0.041 | Mar 27, 2024 |
| Dec 20, 2023 | $0.458 | Dec 28, 2023 |
| Sep 20, 2023 | $0.258 | Sep 27, 2023 |
| Jun 21, 2023 | $0.124 | Jun 28, 2023 |
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...
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...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
