URE icon

ProShares Ultra Real Estate

62.13 USD
+2.15
3.58%
At close Dec 20, 4:00 PM EST
1 day
3.58%
5 days
-10.40%
1 month
-12.75%
3 months
-17.98%
6 months
9.98%
Year to date
-3.93%
1 year
1.30%
5 years
-27.52%
10 years
14.04%
0
Funds holding %
of 6,809 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

136% more capital invested

Capital invested by funds: $3.29M [Q2] → $7.77M (+$4.48M) [Q3]

100% more first-time investments, than exits

New positions opened: 2 | Existing positions closed: 1

33% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 3

7% more funds holding

Funds holding: 14 [Q2] → 15 (+1) [Q3]

4.3% more ownership

Funds ownership: 5.61% [Q2] → 9.91% (+4.3%) [Q3]

27% less call options, than puts

Call options by funds: $480K | Put options by funds: $655K

Research analyst outlook

We haven’t received any recent analyst ratings for URE.

Financial journalist opinion

Positive
Seeking Alpha
2 months ago
Perspectives: Listed REITs - Fall Edition
Public REITs have benefited from a great rotation within equity markets since the end of June, with U.S. REITs returning 13.2% vs. S&P 500 3.7%. Clear evidence of a growth slowdown and moderating inflation has increased the market's conviction Fed rate cuts are imminent. REITs in sectors such as senior housing, single-family rental, cold warehouse storage, and wireless towers are a compelling opportunity with visible, defensive cash flows that offer attractive growth under a variety of economic outcomes.
Perspectives: Listed REITs - Fall Edition
Positive
Zacks Investment Research
3 months ago
Here's How to Go Long on Rate-Sensitive Sectors With ETFs
Investors could make a short-term bullish play on the rate-sensitive sectors as these spaces are likely to see huge gains in the wake of rate cuts.
Here's How to Go Long on Rate-Sensitive Sectors With ETFs
Positive
Seeking Alpha
4 months ago
The REIT Comeback: Earnings Recap
Over 200 U.S. REITs and homebuilders have reported second-quarter earnings results over the past six weeks, providing critical information on the state of the commercial and residential real estate industry. In this report, we highlight some quick incremental positives and negatives we've observed across each of the major property sectors. Next week, we'll publish our detailed "Winners & Losers" Report. Of the 96 equity REITs that provide full-year FFO guidance, 57 (59%) raised their outlook, while 13 (14%) lowered - well above the historical second-quarter average "raise rate" of 40-45%.
The REIT Comeback: Earnings Recap
Positive
Seeking Alpha
4 months ago
REIT Earnings Halftime Report
We're at the halfway point of another consequential real estate earnings season, with 75 of the roughly 150 equity REITs and 19 of 38 mortgage REITs now having reported results. Amid an otherwise underwhelming earnings season across the broader equity market, REIT earnings results thus far have been materially better than anticipated, providing an added tailwind to rate-related optimism. Of the 65 equity REITs that have provided full-year guidance for Funds from Operations ("FFO"), 44 (68%) have raised their full-year outlook, while just 6 (8%) have lowered their outlook.
REIT Earnings Halftime Report
Negative
Seeking Alpha
6 months ago
Why More Rate Cuts May Be Needed To Help Lift REITs
Rate cuts have finally arrived, but why hasn't it benefitted REITs? What's needed to lift the REITs market. Why REITs are still struggling.
Why More Rate Cuts May Be Needed To Help Lift REITs
Neutral
Seeking Alpha
6 months ago
Jobs Data Dilemma
U.S. equity markets posted mixed performance as investors parsed a perplexing slate of employment data, showing clear signs of cooling across essentially all metrics except for the "headline" payrolls print. The BLS reported that the U.S. economy added a robust 272k jobs in May, but prior months were revised substantially lower while the twin Household Survey showed a half-million job losses. The conflicting - and perhaps erroneous - employment data delayed the expected timeline for the Federal Reserve's rate-cutting cycle, while also raising the prospects of a data-driven policy error.
Jobs Data Dilemma
Neutral
Seeking Alpha
6 months ago
Eyes On The ECB
U.S. equity and bond markets staged a late-week rebound, erasing early-week declines prompted by disappointing Eurozone inflation data, after the crucial PCE inflation gauge posted its smallest increase of 2024. Posting a second week of modest declines following four-straight weekly gains, the S&P 500 finished lower by 0.4% on the week, but still notched its best month since February. Real estate equities also rebounded following steep declines in the prior week as a handful of REITs provided positive business updates ahead of the annual REITweek industry conference.
Negative
Seeking Alpha
7 months ago
Why REIT's Didn't Grow In 2023
REIT FFO/share growth in 2023 was stalled due to increased insurance premiums and property taxes. Property taxes jumped from $170B to almost $200B in 2023, while insurance costs doubled as a percentage of revenue. Higher insurance premiums reduced FFO margins by nearly 100 basis points, impacting FFO/share growth.
Why REIT's Didn't Grow In 2023
Negative
Seeking Alpha
7 months ago
2 Years Of Gloom Have Done Interesting Things To REIT Valuation
REITs experienced a 26% drop in prices due to rising interest rates, creating opportunities for investors. Despite the overall decline, many REIT sectors, such as industrial, multifamily, and manufactured housing, showed strong FFO/share growth. The market pricing of REITs did not align with their fundamental performance, creating mispricing in sectors like retail, towers, and self-storage.
2 Years Of Gloom Have Done Interesting Things To REIT Valuation
Positive
Seeking Alpha
10 months ago
An Opportunity For REITs To Shine In 2024
The yield on 10-year Treasury Inflation-Protected Securities TIPS fell significantly from ~2.5% to ~1.7% in the last two months of 2023. How does this affect real estate? As long-lived, fixed assets with inflation-protective characteristics, quality real estate can be viewed as an equivalent to TIPS plus a risk premium.
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