UltraShort Real Estate

ProShares UltraShort Real Estate seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Real Estate IndexSM.

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Index/Benchmark Summary

The Dow Jones U.S. Real Estate Index measures the performance of the real estate industry of the U.S. equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments; and real estate investment trusts ("REITs") that invest in apartments, office and retail properties. REITs are passive investment vehicles that invest primarily in income-producing real estate or real estate related loans or interests. It is not possible to invest directly in an index.

As of 6/30/10

Fundamentals

Total Number
of Companies
Price/Earnings
Ratio
Price/Book
Ratio
Dividend Yield 1
(%)
Average
Index Market
Capitalization
 76 29.04  1.83 4.65 $3.55 billion  

1 = Derivative contracts are priced to reflect the underlying index yield and will not generate dividend income. Because ProShares invest in derivatives, they will not have dividend distributions that reflect those of their applicable indexes.

Top 10 Index Companies 2 Weight
Simon Property Group Inc. 8.65%
Vornado Realty Trust 4.87%
Public Storage 4.59%
Equity Residential 4.36%
Boston Properties Inc. 3.66%
Annaly Capital Management Inc. 3.56%
HCP Inc. 3.51%
Host Hotels & Resorts Inc. 3.29%
Avalonbay Communities Inc. 2.87%
Ventas Inc. 2.72%

2 = ProShares may invest in equity securities and/or financial instruments (including derivatives) that in combination, should have similar daily price return characteristics to the fund's benchmark.

Index Sector Weightings 3

 

Composed of a single sector.