URE
ProShares Ultra Real Estate

Price: $62.70
Change: $0.1 (0.0%)
Last Updated:

Vitals

Issuer ProShares
Brand ProShares
Structure ETF
Expense Ratio 0.95%
ETF Home Page Home page
Inception Jan 30, 2007

Analyst Report

This ETF offers 2x daily leverage to an index comprised of U.S. REITs, giving sophisticated investors a tool for expressing a bullish short-term view of the U.S. real estate sector. It should be noted that the daily reset feature makes URE inappropriate for investors without the ability or willingness to monitor this position on a regular (daily) basis. Moreover, investors should note that the stated target multiple is applicable only for a single trading session; returns over multiple sessions depend on the path taken by the underlying index during that period. For sophisticated investors with a fair amount of tolerance for risk and volatility, this ETF can be a useful tool for hedging short real estate exposure or simply for speculating on an increase in the value of this asset class over a short period of time. But URE shouldn’t ever be found in a long-term, buy-and-hold portfolio; it’s simply too risky, and the nuances of this fund make significant losses possible when held for an extended period of time in volatile markets. Investors looking for exposure to real estate for the long haul should take a look at VNQ or other options in the Real Estate and Global Real Estate ETFdb Categories. SRS is an option for making a short leveraged bet on this asset class; investors seeking 3x daily real estate exposure have both bull (DRN) and bear (DRV) options in ETF form.

ETF Database Themes

Leveraged 2x
Asset Class Real Estate
Asset Class Size Multi-Cap
Asset Class Style Blend
Sector (General) Real Estate
Sector (Specific) Broad
Region (General) North America
Region (Specific) U.S.

FactSet Classifications

Segment Leveraged Equity: U.S. Real Estate
Category Sector
Focus Real Estate
Niche Broad-based
Strategy Vanilla
Weighting Scheme Market Cap

Trading Data

Open - Volume -
Day Lo - Day Hi -
  • Open
  • Volume
  • Day Lo
  • Day Hi
  • 52 Week Lo $47.66
  • 52 Week Hi $116.76
  • AUM $72.6 M
  • Shares 1.2 M

Historical Trading Data

  • 1 Month Avg. Volume 3,571
  • 3 Month Avg. Volume 6,780

Alternative ETFs in the ETF Database Leveraged Real Estate Category

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest SRS 0.95% $59.8 M 275,039 46.11%
Largest (AUM) DRV 0.99% $190.4 M 756,836 56.05%
Most Liquid (Volume) DRV 0.99% $190.4 M 756,836 56.05%
Top YTD Performer DRV 0.99% $190.4 M 756,836 56.05%

Alternative ETFs in the FactSet Leveraged Equity: U.S. Real Estate Segment

Type Symbol Expense Ratio Assets Avg. Daily Vol YTD Return
Cheapest DRN 0.96% $49.7 M 672,694 -63.07%
Largest (AUM) DRN 0.96% $49.7 M 672,694 -63.07%
Most Liquid (Volume) DRN 0.96% $49.7 M 672,694 -63.07%
Top YTD Performer DRN 0.96% $49.7 M 672,694 -63.07%

Top 15 Holdings

Concentration Analysis

This section compares how balanced and deep this ETF is relative to its peers.

Holdings Comparison

URE ETF Database Category Average FactSet Segment Average
Number of Holdings 80 19 57
% of Assets in Top 10 50.34% 69.49% 58.47%
% of Assets in Top 15 60.49% 73.05% 69.16%
% of Assets in Top 50 91.54% 81.93% 95.79%

Size Comparison

URE ETF Database Category Average FactSet Segment Average
Large (>12.9B) N/A N/A N/A
Mid (>2.7B) N/A N/A N/A
Small (>600M) N/A N/A N/A
Micro (<600M) N/A N/A N/A

URE Valuation

This section compares the P/E ratio of this ETF to its peers.

URE
P/E Ratio
N/A
ETF Database Category Average
P/E Ratio
6.83
FactSet Segment Average
P/E Ratio
20.50

URE Dividend

This section compares the dividend yield of this ETF to its peers.

URE ETF Database Category Average FactSet Segment Average
Dividend $ 0.14 $ 0.05 $ 0.10
Dividend Date 2021-09-22 N/A N/A
Annual Dividend Rate $ 0.52 $ 0.12 $ 0.36
Annual Dividend Yield 0.51% 0.20% 0.61%

URE Price and Volume Charts

View charts featuring URE price and volume data.

URE Fund Flows Charts

View charts featuring ETF fund flow data.

5 Day Net Flows: 0 1 Month Net Flows: -1.39 M 3 Month Net Flows: -1.39 M 6 Month Net Flows: -5.07 M 1 Year Net Flows: -16.41 M 3 Year Net Flows: -37.54 M 5 Year Net Flows: -97.47 M 10 Year Net Flows: -485.08 M

URE Price vs Flows AUM Influence Charts

View charts that break down the influence that fund flows and price had on overall assets.