ProShares Ultra Real Estate (URE)
URE is a passive ETF by ProShares tracking the investment results of the Dow Jones U.S. Real Estate Index (200%). URE launched on Jan 30, 2007 and has a 0.95% expense ratio.
ETF Info
| ISIN | US74347X6250 |
|---|---|
| CUSIP | 74347X625 |
| Issuer | ProShares |
| Inception Date | Jan 30, 2007 |
| Region | North America (U.S.) |
| Category | REIT, Leveraged |
| Leveraged | 2x |
| Index Tracked | Dow Jones U.S. Real Estate Index (200%) |
| Home Page | www.proshares.com |
| Asset Class | Real Estate |
Asset Class Size | Multi-Cap |
Asset Class Style | Blend |
Expense Ratio
URE has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: URE vs. DRN, URE vs. XLRE, URE vs. VNQ, URE vs. VOO, URE vs. SPXL, URE vs. TQQQ, URE vs. SPY, URE vs. REZ, URE vs. PFFR, URE vs. SSO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares Ultra Real Estate, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ProShares Ultra Real Estate had a return of 11.26% year-to-date (YTD) and 54.30% in the last 12 months. Over the past 10 years, ProShares Ultra Real Estate had an annualized return of 4.77%, while the S&P 500 had an annualized return of 11.39%, indicating that ProShares Ultra Real Estate did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.26% | 25.45% |
| 1 month | -2.87% | 2.91% |
| 6 months | 25.52% | 14.05% |
| 1 year | 54.30% | 35.64% |
| 5 years (annualized) | -2.58% | 14.13% |
| 10 years (annualized) | 4.77% | 11.39% |
Monthly Returns
The table below presents the monthly returns of URE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -10.31% | 4.49% | 2.75% | -16.99% | 9.38% | 3.46% | 14.46% | 10.81% | 5.84% | -7.37% | 11.26% | ||
| 2023 | 20.03% | -12.70% | -5.12% | 1.27% | -9.48% | 10.40% | 1.78% | -6.57% | -14.67% | -6.70% | 24.78% | 17.41% | 11.58% |
| 2022 | -16.26% | -9.21% | 13.31% | -9.03% | -9.05% | -14.04% | 17.81% | -11.91% | -24.67% | 5.15% | 11.25% | -10.11% | -49.64% |
| 2021 | -0.76% | 3.86% | 11.38% | 16.93% | 1.56% | 4.40% | 9.00% | 4.13% | -10.45% | 14.35% | -4.57% | 19.26% | 88.24% |
| 2020 | 2.61% | -14.11% | -43.27% | 15.67% | 2.50% | 3.39% | 8.20% | -0.02% | -5.00% | -6.46% | 16.62% | 4.71% | -28.06% |
| 2019 | 24.07% | 0.99% | 8.38% | -0.75% | -0.65% | 2.93% | 3.74% | 6.44% | 3.24% | 1.42% | -2.48% | 1.59% | 57.86% |
| 2018 | -6.28% | -13.41% | 7.34% | 0.02% | 6.14% | 8.11% | 1.25% | 4.25% | -5.48% | -6.14% | 9.27% | -15.75% | -13.80% |
| 2017 | -0.01% | 8.77% | -3.05% | 1.08% | -0.49% | 3.86% | 2.14% | 0.92% | -1.59% | -0.16% | 4.96% | -0.45% | 16.56% |
| 2016 | -8.66% | -1.76% | 21.53% | -3.48% | 4.33% | 12.28% | 7.42% | -6.77% | -3.51% | -9.85% | -4.87% | 8.32% | 10.68% |
| 2015 | 11.48% | -5.42% | 1.87% | -9.73% | -0.80% | -8.59% | 9.70% | -11.66% | 2.76% | 12.64% | -0.79% | 1.99% | -0.21% |
| 2014 | 6.98% | 9.71% | 0.00% | 5.90% | 5.60% | 1.93% | -0.29% | 6.80% | -11.59% | 17.35% | 5.37% | 1.38% | 57.90% |
| 2013 | 8.13% | 2.12% | 5.94% | 11.53% | -12.69% | -5.09% | 0.39% | -12.97% | 6.52% | 7.25% | -9.37% | 1.55% | -0.69% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of URE is 39, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares Ultra Real Estate (URE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ProShares Ultra Real Estate provided a 1.92% dividend yield over the last twelve months, with an annual payout of $1.34 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.34 | $0.84 | $0.73 | $0.68 | $0.58 | $0.96 | $0.86 | $0.61 | $0.70 | $0.42 | $0.66 | $0.38 |
Dividend yield | 1.92% | 1.32% | 1.26% | 0.58% | 0.94% | 1.10% | 1.54% | 0.93% | 1.23% | 0.81% | 1.24% | 1.13% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares Ultra Real Estate. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.53 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.88 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.26 | $0.00 | $0.00 | $0.46 | $0.84 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.38 | $0.73 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.46 | $0.68 |
| 2020 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.30 | $0.58 |
| 2019 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.44 | $0.96 |
| 2018 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.44 | $0.86 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.44 | $0.61 |
| 2016 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.30 | $0.70 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.30 | $0.42 |
| 2014 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.30 | $0.66 |
| 2013 | $0.04 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.09 | $0.38 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares Ultra Real Estate. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProShares Ultra Real Estate was 97.16%, occurring on Mar 6, 2009. The portfolio has not yet recovered.
The current ProShares Ultra Real Estate drawdown is 52.08%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -97.16% | Feb 8, 2007 | 522 | Mar 6, 2009 | — | — | — |
Volatility
Volatility Chart
The current ProShares Ultra Real Estate volatility is 11.64%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.