QUOTE AND NEWS
Forbes  Oct 19  Comment 
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Proshares Ultra Real Estate (AMEX: URE) where we have detected an approximate $26.0 million dollar outflow -- that's...
Forbes  Sep 14  Comment 
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Proshares Ultra Real Estate (AMEX: URE) where we have detected an approximate $21.3 million dollar outflow -- that's...
Benzinga  Mar 8  Comment 
ProShares Ultra Real Estate ETF (NYSE: URE) is trading up 3.2% since yesterday's close. This ETF is currently up 11.2% year-to-date. (c) 2011 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed...
Fund my Mutual Fund  Jan 14  Comment 
People always email me - why do you own Ultra Financial (UYG) and Ultra Real Estate (URE) when you own the Ultrashorts and are not fans of those sectors? It's for times like this (or near to this) - the mood has amazingly turned on a dime - not...
Fund my Mutual Fund  Nov 24  Comment 
Well our "investment" decision to get into Ultra Real Estate (URE) [Nov 21: The Best Casino Ever - Restarting Ultra Real Estate] is paying off as the ETF is up 40% and we've owned it for just over 2.5 hours. I am going to take a third off the...
Fund my Mutual Fund  Nov 21  Comment 
You only have to show up at 3:00 PM You don't need to know anything about stocks or do any research, just have 2-3 ETFs ready to play And away we go... We just crossed over S&P 770, and just rallied 2% in a few minutes. So funny. It's...




 

The Proshares Ultra Real Estate (URE)

Profile:

Proshares Ultra Real Estate (URE) is an Exchange Traded Fund (ETF) that seeks to mimic the daily investment results, before fees and expenses, corresponding to twice the daily performance of the Dow Jones US Real Estate Index. In other words, if this underlying index declines by 1% for the day, the NAV of URE will more or less decline by 2%, before fees and expenses. In the same manner, if this underlying index rises by 1% for the day, the NAV of URE rises by 2% as well.

Inception Date: 01/30/07

Fund Information

  • Fund Manager - ProShares ETFs
  • Inception Date - 01/30/2007
  • Exchange – NYSE Arca
  • Index Ticker – URE
  • Intra-day NAV Ticker – URE.IV
  • Expense Ratio - 0.95%

Investment Strategy:

The principal investment strategies of this fund include:

  • investing in equity securities and financial instruments (including derivatives) that the fund managers believe will produce twice the daily return of the Dow Jones US Real Estate Index.
  • committing at least 80% of its net assets to equity securities or financial instruments that have similar economic characteristics contained in the Index.
  • employing leveraged investment techniques or sampling techniques in seeking its investment objective.
  • assets not invested in equity securities or financial instruments are invested in debt securities or money market instruments.
  • concentrating its investments in a particular industry to approximately the same extent as the Index

Annual Fund Operating Expenses

Investment Advisory Fee: 0.75%
Distribution and Service (12b-1) Fee: 0.00%
Other Expenses: 0.59%
Total Annual Fund Operating Expenses: 1.34%
Fee Waivers / Reimbursements: -0.39%
Total Net Annual Fund Operating Expenses: 0.95%

Top 10 Holdings: (As of February 16, 2009)

Company Weight
Simon Property Group Inc. 6.50%
Annaly Capital Management 6.17%
Public Storage 5.65%
Vornado Realty Trust 4.71%
Equity Residential 4.36%
Plum Creek Timber Co. Inc. 3.92%
HCP Inc. 3.88%
Boston Properties Inc. 3.75%
Avalonbay Communities Inc. 2.67%
Ventas Inc. 2.60%

Other Real Estate ETFs

ETF Name Fund Manager Expense Ratio
Claymore/AlphaShares China Real Estate ETF (TAO)Claymore Advisors, LLC 0.65%
First Trust FTSE EPRA/NAREIT Global Real Estate Index Fund (FFR)First Trust Portfolios L.P0.60%
iShares Cohen & Steers Realty Majors Index Fund (ICF)ishares0.35%
iShares Dow Jones U.S. Real Estate Index Fund (IYR)ishares0.48%
iShares FTSE EPRA/NAREIT Global Real Estate ex-U.S. Index Fund (IFGL)ishares0.48%
ProShares Ultra Real Estate ETF (URE)InvescoPoweshares0.95%
ProShares Ultra Real Estate ETF (URE)InvescoPoweshares0.95%
ProShares UltraShort Real Estate ETF (SRS)ProShares ETFs0.95%
ProShares UltraShort Real Estate ETF (SRS)ProShares ETFs0.95%
SPDR DJ Wilshire Global Real Estate ETF (RWO)State Street Global Markets, LLC0.50%
SPDR Dow Jones Wilshire International Real Estate ETF (RWX)State Street Global Markets, LLC0.59%
WisdomTree Intl. Real Estate Fund (DRW)WisdomTree Investments, Inc.0.58%
iShares FTSE NAREIT Real Estate 50 Index Fund (FTY)iShares0.48%
iShares FTSE NAREIT Residential Index Fund (REZ)iShares0.48%
Claymore Global Real Estate ETF (CGR-TSX)Claymore Investments, Inc.0.65%
iShares FTSE EPRA/NAREIT Asia Property Yield Fund (IASP-LSE)iShares0.59%
iShares FTSE EPRA/NAREIT Global Property Yield Fund (IWDP-LSE)iShares0.59%
iShares FTSE EPRA/NAREIT UK Property Fund (IUKP-LSE)iShares0.40%
iShares FTSE EPRA/NAREIT US Property Yield Fund (IUSP-LSE)iShares0.40%
iShares FTSE/EPRA European Property Index Fund (IPRP-LSE)iShares0.40%
iShares FTSE EPRA/NAREIT Asia Property Yield Fund (IASP-LSE)iShares0.59%
iShares FTSE EPRA/NAREIT Global Property Yield Fund (IWDP-LSE)iShares0.59%
iShares FTSE EPRA/NAREIT UK Property Fund (IUKP-LSE)iShares0.40%
iShares FTSE EPRA/NAREIT US Property Yield Fund (IUSP-LSE)iShares0.40%


Reference:

Company Website: http://www.proshares.com

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