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ETFs

ProShares Ultra Real Estate

URE
$--
Today’s Change
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Snapshot
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Inception Date
Jan 30 2007
Expense Ratio
0.95%
Type
US Equities
Fund Owner
ProShares
Volume (1m avg. daily)
$99,454
AUM
$52,337,922
Associated Index
S&P Real Estate Select Sector Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
Net Other Assets (Liabilities)
23.29%
PLD
Prologis Inc
9.33%
AMT
American Tower Corp.
6.86%
EQIX
Equinix Inc
6.06%
WELL
Welltower Inc.
3.80%
PSA
Public Storage.
3.70%
CCI
Crown Castle Inc
3.53%
DLR
Digital Realty Trust Inc
3.30%
O
Realty Income Corp.
3.23%
SPG
Simon Property Group, Inc.
3.23%
Invest with URE

What is URE?

ProShares Ultra Real Estate seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Real Estate Select Sector Index.

ETFs related toURE

ETFs correlated to URE include IYR, FREL, DRN

URE
ProShares Trust - ProShares Ultra Real Estate 2X Shares
IYR
BlackRock Institutional Trust Company N.A. - iShares U.S. Real Estate ETF
FREL
Fidelity Covington Trust - Fidelity MSCI Real Estate Index ETF
DRN
Direxion Shares ETF Trust - Direxion Daily Real Estate Bull 3X Shares
XLRE
SSgA Active Trust - Real Estate Select Sector SPDR Fund (The)
VNQ
Vanguard Group, Inc. - Vanguard Real Estate Index Fund ETF
SCHH
Schwab Strategic Trust - Schwab U.S. REIT ETF
DFAR
Dimensional ETF Trust - Dimensional US Real Estate ETF
ICF
BlackRock Institutional Trust Company N.A. - iShares Cohen & Steers REIT ETF
USRT
BlackRock Institutional Trust Company N.A. - iShares Core U.S. REIT ETF
BBRE
J.P.Morgan Investment Management Inc. - JPMorgan BetaBuilders MSCI U.S. REIT ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toURE

#PTS

Pick the Trending Sector

Category

Grow Your Portfolio, Ride the Momentum

Risk Rating

Aggressive

#DB

Diversification at its Best

Category

Tactical Asset Allocation, Be Risk Aware, Diversification

Risk Rating

Moderate

Create your own algorithmic trading strategy with URE using Composer

FAQ

URE is a US Equities ETF. ProShares Ultra Real Estate seeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the S&P Real Estate Select Sector Index.

URE tracks the S&P Real Estate Select Sector Index.

No, URE is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, URE is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on URE is -0.0961%. This is the percent change in the value of URE over the most recent 1-month period. The 3-month return on URE is -0.1187%. This is the percent change in the value of URE over the most recent 3-month period.

The standard deviation of URE for the past year is 0.4352%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to URE include REK, SSO, and TNA.

ETFs correlated to URE include IYR, FREL, and DRN.

ETFs that are inversely correlated to URE include SRS, DRV, and RWM.

Yes, URE is a Leveraged (2x) ETF: This means that URE will try to match the performance of S&P Real Estate Select Sector Index, but with 2x the returns.

Yes, URE is a Leveraged (2x) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of S&P Real Estate Select Sector Index, but move 2x in the opposite direction.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.