URE
Ultra Real Estate
Investment Objective
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.
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Daily Return during Q2 2024
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Total Return
| Fund | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| URE Market Price | 2.75% | -3.71% | 31.66% | -3.71% | 8.09% | -3.90% | -3.15% | 5.58% | -4.50% | 01/30/2007 |
| URE NAV | 2.84% | -3.38% | 31.96% | -3.38% | 8.00% | -3.90% | -3.09% | 5.59% | -4.49% | 01/30/2007 |
| Fund | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| URE Market Price | 2.75% | -3.71% | 31.66% | -3.71% | 8.09% | -3.90% | -3.15% | 5.58% | -4.50% | 01/30/2007 |
| URE NAV | 2.84% | -3.38% | 31.96% | -3.38% | 8.00% | -3.90% | -3.09% | 5.59% | -4.49% | 01/30/2007 |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker URE
- Intraday Ticker URE.IV
- CUSIP 74347X625
- Inception Date 1/30/07
- Gross Expense Ratio 1.09%
- Net Expense Ratio 0.95%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Price
as of 4/18/2024- NAV $49.76
- NAV Change $-0.01
- Market Price $49.73
- Market Price Change $-0.13
- Trading Volume (M) 609
- 30-Day Median Bid Ask Spread 0.16%
- View Premium / Discount
Snapshot
- Ticker URE
- Intraday Ticker URE.IV
- CUSIP 74347X625
- Inception Date 1/30/07
- Expense Ratio 0.95%
- Gross Expense Ratio 1.09%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Quarterly
Price
as of 4/18/2024- NAV $49.76
- NAV Change $-0.01
- Market Price $49.73
- Market Price Change $-0.13
- Trading Volume (M) 609
- 30-Day Median Bid Ask Spread 0.16%
- View Premium / Discount
The expense ratio above has a contractual waiver ending 9/30/24.
Exposures
Index as of 3/28/2024
Holdings
as of 4/18/2024
| Exposure Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 60.05% | -- | REAL ESTATE SELECT SECTOR INDEX SWAP UBS AG | 31,632,337 | -- | 180,416 | -- |
| 28.49% | -- | REAL ESTATE SELECT SECTOR INDEX SWAP BNP PARIBAS | 15,008,073 | -- | 85,599 | -- |
| 11.82% | -- | REAL ESTATE SELECT SECTOR INDEX SWAP GOLDMAN SACHS INTERNATIONAL | 6,228,774 | -- | 35,526 | -- |
| 9.24% | -- | REAL ESTATE SELECT SECTOR INDEX SWAP BANK OF AMERICA NA | 4,867,511 | -- | 27,762 | -- |
| 8.09% | PLD | PROLOGIS INC | -- | $4,264,023.70 | 40,730 | B44WZD7 |
| 7.62% | -- | REAL ESTATE SELECT SECTOR INDEX SWAP SOCIETE GENERALE | 4,012,953 | -- | 22,888 | -- |
| 7.40% | -- | REAL ESTATE SELECT SECTOR INDEX SWAP CITIBANK NA | 3,900,917 | -- | 22,249 | -- |
| 6.67% | AMT | AMERICAN TOWER CORP | -- | $3,513,879.00 | 20,549 | B7FBFL2 |
| 5.81% | EQIX | EQUINIX INC | -- | $3,062,239.15 | 4,139 | BVLZX12 |
| 4.21% | WELL | WELLTOWER INC | -- | $2,215,491.57 | 24,397 | BYVYHH4 |
| 3.83% | SPG | SIMON PROPERTY GROUP INC | -- | $2,016,695.79 | 14,367 | 2812452 |
| 3.62% | O | REALTY INCOME CORP | -- | $1,907,419.80 | 36,660 | 2724193 |
| 3.46% | DLR | DIGITAL REALTY TRUST INC | -- | $1,824,411.00 | 13,350 | B03GQS4 |
| 3.45% | PSA | PUBLIC STORAGE | -- | $1,815,713.28 | 6,976 | 2852533 |
| 3.42% | CCI | CROWN CASTLE INC | -- | $1,804,165.66 | 19,118 | BTGQCX1 |
| 2.88% | CSGP | COSTAR GROUP INC | -- | $1,515,408.36 | 18,002 | 2262864 |
| 2.38% | VICI | VICI PROPERTIES INC | -- | $1,255,022.08 | 45,604 | BYWH073 |
| 2.37% | EXR | EXTRA SPACE STORAGE INC | -- | $1,249,804.60 | 9,313 | B02HWR9 |
| 2.16% | AVB | AVALONBAY COMMUNITIES INC | -- | $1,138,171.06 | 6,253 | 2131179 |
| 2.12% | CBRE | CBRE GROUP INC - A | -- | $1,116,100.26 | 13,109 | B6WVMH3 |
| 1.91% | WY | WEYERHAEUSER CO | -- | $1,008,498.15 | 32,169 | 2958936 |
| 1.82% | IRM | IRON MOUNTAIN INC | -- | $957,859.82 | 12,871 | BVFTF03 |
| 1.77% | SBAC | SBA COMMUNICATIONS CORP | -- | $931,938.20 | 4,756 | BZ6TS23 |
| 1.76% | EQR | EQUITY RESIDENTIAL | -- | $927,962.85 | 15,215 | 2319157 |
| 1.61% | INVH | INVITATION HOMES INC | -- | $846,923.80 | 25,357 | BD81GW9 |
| 1.54% | ARE | ALEXANDRIA REAL ESTATE EQUIT | -- | $808,695.91 | 6,941 | 2009210 |
| 1.44% | VTR | VENTAS INC | -- | $756,348.32 | 17,738 | 2927925 |
| 1.26% | ESS | ESSEX PROPERTY TRUST INC | -- | $662,135.10 | 2,830 | 2316619 |
| 1.22% | MAA | MID-AMERICA APARTMENT COMM | -- | $641,169.90 | 5,145 | 2589132 |
| 1.10% | HST | HOST HOTELS & RESORTS INC | -- | $578,074.64 | 31,096 | 2567503 |
| 1.07% | DOC | HEALTHPEAK PROPERTIES INC | -- | $562,020.06 | 31,206 | BJBLRK3 |
| 0.99% | KIM | KIMCO REALTY CORP | -- | $520,917.36 | 29,364 | 2491594 |
| 0.91% | UDR | UDR INC | -- | $477,305.20 | 13,340 | 2727910 |
| 0.85% | CPT | CAMDEN PROPERTY TRUST | -- | $448,434.74 | 4,706 | 2166320 |
| 0.79% | REG | REGENCY CENTERS CORP | -- | $418,240.16 | 7,241 | 2726177 |
| 0.71% | BXP | BOSTON PROPERTIES INC | -- | $373,561.85 | 6,365 | 2019479 |
| 0.61% | FRT | FEDERAL REALTY INVS TRUST | -- | $319,040.14 | 3,238 | BN7P9B2 |
| -- | -- | TREASURY BILL | -- | $9,839,358.30 | 10,000,000 | BRYQ9Y9 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $2,903,897.75 | 2,903,898 | -- |
Index
as of 3/28/2024
- Total Number of Companies31
- Price/Earnings Ratio19.863
- Price/Book Ratio2.973
- Dividend Yield ( % )3.43
- Avg. Index Market Capitalization$33.00 billion
About the Index
The Index represents the real estate sector of the S&P 500 Index (“S&P 500”). The Index is one of eleven S&P Select Sector Indices, each designed to measure the performance of a sector of the S&P 500. The Index includes equity securities of companies from the following Global Industry Classification Standard (GICS®) industries: equity real estate investment trusts (REITs) and real estate management & development.
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.
Distributions
For
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
| Ex-Dividend Date | Record Date | Payable Date | Dividend | Long-Term Capital Gain | Short-Term Capital Gain | Return of Capital |
|---|