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ProShares Ultra Real Estate (URE) Sharpe Ratio: 0.40

ETF · Currency in USD · Last updated Jun 24, 2026

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.

URE's Sharpe Ratio of 0.40 indicates that for each unit of volatility, it generates 0.40 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 24, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

URE Sharpe Ratio Rank

URE Sharpe Ratio Rank: 14.715
Concerning

URE ranks above 14.7% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Weak risk-adjusted returns relative to category peers
  • Evaluate whether this holding aligns with your risk-return objectives
  • Consider reducing exposure or re-evaluating position size
  • Review higher-ranked alternatives in the same category

URE Sharpe Ratio Market Positioning

The chart shows URE's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 0.83 or lower
  • Yellow zone (middle 50%): 0.83 to 2.16
  • Green zone (top 25%): 2.16 or higher
  • Top 1%: 6.98+
  • Median: 1.57 — half of all investments score higher

How it compares to other similar ETFs

The table compares ProShares Ultra Real Estate's Sharpe Ratio with other ETFs in the REIT category across multiple time periods, showing how URE's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
DTCRGlobal X Data Center & Digital Infrastructure ETF3.19
VRAIVirtus Real Asset Income ETF1.90
WTREWisdomTree New Economy Real Estate ETF1.82
KBWYInvesco KBW Premium Yield Equity REIT ETF1.50
RWRSPDR Dow Jones REIT ETF1.37
RDOGALPS REIT Dividend Dogs ETF1.36
USRTiShares Core U.S. REIT ETF1.35
SRETGlobal X SuperDividend REIT ETF1.32
FRIFirst Trust S&P REIT Index Fund1.32
LPRELong Pond Real Estate Select ETF1.26
UREProShares Ultra Real Estate0.40

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows URE's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when URE consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does URE fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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