REKProShares Short Real Estate
REK Fund Description
REK provides inverse exposure to a market-cap weighted index of large US real estate companies, including REITs.
REK Factset Analytics Insight
REK provides inverse exposure to the Dow Jones U.S. Real Estate Index—a market-cap weighted index of US real estate companies as classified by Dow Jones. Although REK is not a levered fund, its daily rebalanced inverse exposure still 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. However, REK’s asset base sufficiently indicates some investor interest, while its median daily dollar volume is much less than we’d like to see in such a product. Investors should also be mindful of the fund’s wide spreads. Still, it’s strongly advised that investors monitor and rebalance their exposure whenever possible.
REK Charts And Performance
REK Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of REK. REK is rated a N/A out of 5.