Symbols

URE

ProShares Ultra Real Estate·ARCA

--(--)

Key Stats

Assets Under Management

52.81MUSD

Fund Flows (1Y)

-8.33MUSD

Dividend Yield

2.41%

Discount/Premium to NAV

0.17%

Shares Outstanding

908.70K

Expense Ratio

0.95%

About ProShares Ultra Real Estate

Issuer

ProShare Advisors

Brand

ProShares

Home Page

https://www.proshares.com/our-etfs/leveraged-and-inverse/ure

Inception Date

Jan 30, 2007

Structure

Open-Ended Fund

Index Tracked

Real Estate Select Sector Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

ProShare Advisors LLC

Distributor

SEI Investments Distribution Co.

URE provides 2x leveraged exposure to the S&P Real Estate Select Sector Index — a market cap-weighted index of US real estate companies, as classified by S&P Dow Jones. The underlying index does a good job of capturing the US real estate space. On the other hand, URE is designed as a short-term trading vehicle rather than a long-term investment—compounding and path dependency make its long-term returns difficult to predict. Aside from the daily compounding of returns, URE also engages in daily rebalancing. The index undergoes annual reconstitution and quarterly review. Prior to March 17, 2023, the fund tracked the Dow Jones US Real Estate Index.