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Upturn AI SWOT - About
ProShares Short Real Estate (REK)
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Upturn Advisory Summary
04/01/2025: REK (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type ETF | Historic Profit 2.43% | Avg. Invested days 34 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Volume (30-day avg) 9837 | Beta -1.06 | 52 Weeks Range 15.45 - 19.37 | Updated Date 04/2/2025 |
52 Weeks Range 15.45 - 19.37 | Updated Date 04/2/2025 |
Upturn AI SWOT
ProShares Short Real Estate
ETF Overview
Overview
The ProShares Short Real Estate ETF (REK) seeks daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. Real Estate Index. It provides a way for investors to potentially profit from a decline in real estate prices.
Reputation and Reliability
ProShares is a well-known issuer specializing in leveraged and inverse ETFs, with a solid track record in this niche.
Management Expertise
ProShares has a dedicated team with experience in managing complex derivative-based investment products.
Investment Objective
Goal
To provide daily investment results, before fees and expenses, that correspond to the inverse (-1x) of the daily performance of the Dow Jones U.S. Real Estate Index.
Investment Approach and Strategy
Strategy: The ETF utilizes financial instruments such as swap agreements to achieve its inverse exposure to the underlying index on a daily basis.
Composition The ETF primarily holds swap agreements and other derivative instruments rather than direct investments in real estate companies.
Market Position
Market Share: REK's market share is small compared to broad real estate ETFs due to its inverse nature.
Total Net Assets (AUM): 30650000
Competitors
Key Competitors
- DRV
Competitive Landscape
The competitive landscape is relatively limited, with only a few inverse real estate ETFs available. REK's advantage lies in its inverse strategy, appealing to investors seeking to profit from real estate declines. The disadvantage is that inverse ETFs can suffer from volatility drag and are best suited for short-term trading.
Financial Performance
Historical Performance: Due to its inverse nature, REK's historical performance is directly correlated to the inverse performance of the Dow Jones U.S. Real Estate Index. Investors should evaluate its daily reset feature as it is designed for short-term purposes.
Benchmark Comparison: The ETF's performance should be compared against the inverse of the Dow Jones U.S. Real Estate Index to assess tracking accuracy.
Expense Ratio: 0.95
Liquidity
Average Trading Volume
REK's average trading volume is moderate but still sufficient for short-term traders to find liquidity.
Bid-Ask Spread
REK's bid-ask spread can fluctuate and may be relatively wide due to its inverse and leveraged nature.
Market Dynamics
Market Environment Factors
Economic indicators such as interest rates, inflation, and overall market sentiment influence the real estate market and, consequently, REK's performance.
Growth Trajectory
REK's growth trajectory is dependent on investor demand for inverse real estate exposure and the overall performance of the real estate sector.
Moat and Competitive Advantages
Competitive Edge
REK's competitive edge lies in its inverse exposure strategy, allowing investors to profit from downward trends in the real estate market. It offers a straightforward way to gain inverse exposure without directly shorting individual stocks or using complex options strategies. Its specialization in the real estate sector provides targeted exposure. This ETF is designed for short-term trading due to its daily reset feature.
Risk Analysis
Volatility
REK is expected to exhibit high volatility due to its inverse nature and the inherent volatility of the real estate sector.
Market Risk
REK is exposed to market risk related to declines in the real estate sector, which can be influenced by economic factors, interest rate changes, and property-specific issues. The daily reset can also compound losses.
Investor Profile
Ideal Investor Profile
REK is suitable for sophisticated investors and active traders seeking short-term inverse exposure to the U.S. real estate market. It is not suitable for long-term investors.
Market Risk
REK is best suited for active traders who understand the risks associated with inverse ETFs.
Summary
ProShares Short Real Estate (REK) offers a way for investors to profit from declines in the real estate market. This is done through an inverse investment strategy seeking daily returns that are the opposite of the Dow Jones U.S. Real Estate Index. It's best for short-term traders and those who understand the inherent risks of inverse ETFs and the underlying market dynamics. The ETF is not suitable for long-term investors or those with a low-risk tolerance.
Similar Companies
DRV
Direxion Daily Real Estate Bear 3X Shares
DRV
Direxion Daily Real Estate Bear 3X Shares
SRS
ProShares UltraShort Real Estate
SRS
ProShares UltraShort Real Estate
Sources and Disclaimers
Data Sources:
- ProShares official website
- SEC filings
- Financial news sources
Disclaimers:
The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual financial circumstances and risk tolerance.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About ProShares Short Real Estate
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is constructed and maintained by S&P Dow Jones Indices LLC. The index represents the real estate sector of the S&P 500 Index. The fund is non-diversified.
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