Name of ETF: ProShares Ultra Real Estate
Benchmark Index: Dow Jones U.S. Real Estate Index
Ticker Symbol: URE
Types of Companies Included: U.S. real estate investment trusts (REITs) with a few companies focusing on real estate management and development. These REITs invest in a wide variety of commercial and residential properties. Examples of companies that have historically been among the top holdings in this ETF include:
- Simon Property Group REIT INC (SPG)
- American Tower REIT (AMT)
- Crown Castle International REIT (CCI)
- Public Storage REIT (PSA)
- Equity Residential REIT (EQR)
Daily Target: 2x
Leveraged ETF: This ETF is a leveraged ETF which means the ETF attempts to produce daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 2x (200%). This means the ETF is seeking a daily target equal to 200% of the benchmark index.
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