ProShares Ultra Real Estate (URE)
ProShares Ultra Real Estate operates in the Asset Management industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $69.42, up 1.81% on the session, giving a market capitalisation of $54.4M. Its beta of 1.91 implies it has historically moved more than the broad market.
The fund invests in financial instruments that the advisors believe, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of real estate companies included in the S&P 500 Index. Under normal circumstances, the fund will obtain leveraged exposure to at least 80% of its total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversified.
ProShares Ultra Real Estate is most often compared with the following Financial Services names: