URE vs. AVRE
Compare and contrast key facts about ProShares Ultra Real Estate (URE) and Avantis Real Estate ETF (AVRE).
URE and AVRE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. URE is a passively managed fund by ProShares that tracks the performance of the Dow Jones U.S. Real Estate Index (200%). It was launched on Jan 30, 2007. AVRE is an actively managed fund by Avantis. It was launched on Sep 29, 2021.
Performance
URE vs. AVRE - Performance Comparison
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URE vs. AVRE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
URE ProShares Ultra Real Estate | 2.38% | -3.65% | 0.35% | 11.58% | -49.64% | 30.13% |
AVRE Avantis Real Estate ETF | 1.92% | 8.34% | 0.54% | 9.10% | -23.70% | 13.16% |
Returns By Period
In the year-to-date period, URE achieves a 2.38% return, which is significantly higher than AVRE's 1.92% return.
URE
- 1D
- 0.74%
- 1M
- -12.45%
- YTD
- 2.38%
- 6M
- -5.82%
- 1Y
- -6.19%
- 3Y*
- 3.57%
- 5Y*
- -2.54%
- 10Y*
- 1.93%
AVRE
- 1D
- 0.70%
- 1M
- -6.58%
- YTD
- 1.92%
- 6M
- 0.77%
- 1Y
- 6.57%
- 3Y*
- 6.07%
- 5Y*
- —
- 10Y*
- —
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URE vs. AVRE - Expense Ratio Comparison
URE has a 0.95% expense ratio, which is higher than AVRE's 0.17% expense ratio.
Return for Risk
URE vs. AVRE — Risk / Return Rank
URE
AVRE
URE vs. AVRE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra Real Estate (URE) and Avantis Real Estate ETF (AVRE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| URE | AVRE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.19 | 0.46 | -0.65 |
Sortino ratioReturn per unit of downside risk | -0.05 | 0.72 | -0.77 |
Omega ratioGain probability vs. loss probability | 0.99 | 1.10 | -0.10 |
Calmar ratioReturn relative to maximum drawdown | -0.26 | 0.65 | -0.92 |
Martin ratioReturn relative to average drawdown | -0.79 | 2.51 | -3.31 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| URE | AVRE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.19 | 0.46 | -0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.07 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.05 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.07 | 0.06 | -0.13 |
Correlation
The correlation between URE and AVRE is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
URE vs. AVRE - Dividend Comparison
URE's dividend yield for the trailing twelve months is around 2.29%, less than AVRE's 3.69% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
URE ProShares Ultra Real Estate | 2.29% | 2.42% | 2.09% | 1.32% | 1.26% | 0.58% | 0.94% | 1.10% | 1.53% | 0.93% | 0.96% | 0.81% |
AVRE Avantis Real Estate ETF | 3.69% | 4.30% | 3.99% | 3.33% | 3.78% | 0.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
URE vs. AVRE - Drawdown Comparison
The maximum URE drawdown since its inception was -97.16%, which is greater than AVRE's maximum drawdown of -32.52%. Use the drawdown chart below to compare losses from any high point for URE and AVRE.
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Drawdown Indicators
| URE | AVRE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.16% | -32.52% | -64.64% |
Max Drawdown (1Y)Largest decline over 1 year | -22.93% | -10.63% | -12.30% |
Max Drawdown (5Y)Largest decline over 5 years | -63.66% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -70.49% | — | — |
Current DrawdownCurrent decline from peak | -57.49% | -7.58% | -49.91% |
Average DrawdownAverage peak-to-trough decline | -64.63% | -15.25% | -49.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.62% | 2.76% | +4.86% |
Volatility
URE vs. AVRE - Volatility Comparison
ProShares Ultra Real Estate (URE) has a higher volatility of 9.32% compared to Avantis Real Estate ETF (AVRE) at 4.75%. This indicates that URE's price experiences larger fluctuations and is considered to be riskier than AVRE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| URE | AVRE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.32% | 4.75% | +4.57% |
Volatility (6M)Calculated over the trailing 6-month period | 19.04% | 8.46% | +10.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.48% | 14.39% | +18.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.23% | 16.71% | +20.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.49% | 16.71% | +23.78% |