Key stats
About ProShares Short Real Estate
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Inception date
Mar 18, 2010
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
REK provides inverse exposure to the S&P Real Estate Select Sector Index a market cap-weighted index of US real estate companies, as classified by S&P Dow Jones. Although REK is not a leveraged fund, its daily rebalanced inverse exposure exposes the fund to issues of compounding and path dependency. As a result, the long-term returns of the fund are impossible to predict when compared with its beta-1 cousin, IYR. For this fund, investors must monitor and rebalance their exposure whenever possible. The index undergoes annual reconstitution and quarterly review. Prior to March 17, 2023, the fund tracked the Dow Jones US Real Estate Index.
Classification
What's in the fund
Exposure type
Cash
Government
Stock breakdown by region
Top 10 holdings
$REK Volume & Upside Potential As the economic outlook degrades in the face of persistent and widespread inflation and GDP projection revision for Q1 was worse than expected, real estate will take a hit. Currently seeing record prices while the beginning of rate hikes and slowing sales appears.
A short opportunity exists and i
Could Real Estate be the next "Shoe" to drop?AMEX:REK Though it may be a little early to tell, we might just might see a buyer's market emerging in real estate in the next few months to come.
Although, not a popular ETF, this short ProShares ETF seeks a return that is -1x of the Dow Jones U.S. Real Estate Index. I know it's probably not most
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
REK trades at 16.93 USD today, its price has risen 0.33% in the past 24 hours. Track more dynamics on REK price chart.
REK net asset value is 17.01 today — it's risen 1.21% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
REK assets under management is 11.44 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
REK price has risen by 1.16% over the last month, and its yearly performance shows a −13.17% decrease. See more dynamics on REK price chart.
NAV returns, another gauge of an ETF dynamics, showed a 4.09% increase in three-month performance and has decreased by −7.04% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 4.09% increase in three-month performance and has decreased by −7.04% in a year.
REK fund flows account for −4.24 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
REK invests in cash. See more details in our Analysis section.
REK expense ratio is 0.95%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
REK is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, REK technical analysis shows the strong sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating REK shows the sell signal. See more of REK technicals for a more comprehensive analysis.
Today, REK technical analysis shows the strong sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating REK shows the sell signal. See more of REK technicals for a more comprehensive analysis.
Yes, REK pays dividends to its holders with the dividend yield of 6.15%.
REK trades at a premium (0.05%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
REK shares are issued by ProShare Advisors LLC
REK follows the S&P Real Estate Select Sector. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 18, 2010.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.