URE Profile
The ProShares Ultra Real Estate ETF is strategically designed to deliver daily returns that reflect twice the daily performance of its underlying index, which is focused on real estate investment trusts (REITs) and related entities. The fund primarily invests in a range of financial instruments, including derivatives and other investment vehicles, selected to align with its objective of providing leveraged exposure to the real estate sector.
The index tracked by the ETF is composed of REITs and companies involved in various aspects of real estate. This includes firms engaged in real estate development, management, and ownership, as well as property agencies. The component companies within the index are diverse, covering sectors such as real estate holding and development, real estate services, and a broad array of REITs. These investments aim to capture the full spectrum of real estate activities and their economic impacts.
The ProShares Ultra Real Estate ETF employs a leverage strategy, which means it seeks to achieve returns that are twice the daily performance of its benchmark. This approach is designed to amplify potential gains from movements in the real estate sector, but it also comes with increased risk and volatility. The fund's investment in leveraged financial instruments is intended to magnify the exposure to real estate markets, providing investors with more pronounced results based on daily market fluctuations.
As a non-diversified fund, it does not spread investments across a broad range of asset classes or sectors, but rather focuses exclusively on the real estate sector. This concentrated approach aims to capitalize on the movements and trends within real estate, offering targeted exposure for investors looking to leverage real estate market dynamics. The fund's specific investment strategy and focus on real estate can result in significant performance deviations compared to broader market indices.
|