Key stats
About ProShares Short Real Estate
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Inception date
Mar 18, 2010
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Cash
Government
Bonds, Cash & Other100.00%
Cash54.44%
Government45.56%
Top 10 holdings
Dividends
Dividend payout history