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ProShares Short Real Estate (REK)

Trading--Inverse Equity | Exchange Traded Fund | NYSEArca
16.38 USD -0.21 (-1.259%) ⇩ (Oct. 15, 2026, 4 p.m. EDT)

Short-term:★★★★☆Long-term:★★⯪☆☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 6:51 a.m. EDT

The short-term outlook is strongly bullish for this inverse ETF because the underlying real estate sector is under severe pressure. Price action shows a steady recovery from the 14.89 low, climbing nearly 13% over the last two months as the broader market stabilizes, yet the underlying asset class remains fragile. The massive divergence in options activity—where traders are buying deep out-of-the-money puts while selling calls—confirms that smart money expects the real estate downturn to accelerate, driving this short fund higher. However, the long-term investment case is neutral at best. Despite a recent 2.57% gain in the underlying index, the nine-year trajectory reveals a catastrophic -51.77% cumulative loss for the sector. This isn't a temporary dip; it is a structural deterioration where the market has permanently repriced the value of commercial and residential assets. The high dividend yield is a trap; it is a distribution of the eroding principal rather than sustainable earnings, making it unsuitable for long-term accumulation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.041327
MSTL0.047307
AutoETS0.049324
AutoTheta0.051354

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 54%
H-stat 14.00
Ljung-Box p 0.000
Jarque-Bera p 0.140
Excess Kurtosis -0.99

As of Oct. 10, 2026, 6:51 a.m. EDT: Speculators are aggressively positioning for a continued decline in the underlying real estate sector, evidenced by heavy out-of-the-money put open interest at the 13 strike compared to negligible call volume. Implied volatility is significantly elevated for puts (1.62 ATM) versus calls (0.77 ATM), indicating a fear premium for downside moves. While some call buyers are targeting a rebound to the 20 strike, the overwhelming capital flow and open interest concentration remain on the downside, suggesting a tactical bet on further housing market weakness.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.65% 2.78% 4.39% 3.23%
Dividend History
Date Dividend Yield %
2026-09-23 0.106 0.646736
2026-06-24 0.123 0.795602
2026-03-25 0.084 0.487805
2025-12-24 0.145 0.845974
2025-09-24 0.152 0.906380
2025-06-25 0.142 0.838748
2025-03-26 0.150 0.882353
2024-12-23 0.287 1.643757
2024-09-25 0.293 1.821007
2024-06-26 0.312 1.629243
2024-03-20 0.192 1.024000
2023-12-20 0.306 1.646046
2023-09-20 0.215 1.041667
2023-06-21 0.169 0.836220
2023-03-22 0.130 0.604370
2022-12-22 0.097 0.475490
2020-03-25 0.016 0.048048
2019-12-24 0.054 0.206580
2019-09-25 0.084 0.322829
2019-06-25 0.110 0.396539
2019-03-20 0.082 0.282954
2018-12-26 0.096 0.289855
2018-09-26 0.044 0.138714
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 2.72

Info Dump

Attribute Value
All Time High 114.0
All Time Low 14.89
Ask 0.0
Ask Size 1,500
Average Daily Volume10 Day 52,130
Average Daily Volume3 Month 19,648
Average Volume 19,648
Average Volume10Days 52,130
Beta3 Year -0.85
Bid 0.0
Bid Size 2,100
Category Trading--Inverse Equity
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 16.43
Day Low 16.3414
Dividend Yield 2.72
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 16.0406
Fifty Day Average Change 0.33939934
Fifty Day Average Change Percent 0.021158768
Fifty Two Week Change Percent -1.6216218
Fifty Two Week High 17.64
Fifty Two Week High Change -1.2600002
Fifty Two Week High Change Percent -0.07142859
Fifty Two Week Low 14.89
Fifty Two Week Low Change 1.4899988
Fifty Two Week Low Change Percent 0.10006708
Fifty Two Week Range 14.89 - 17.64
First Trade Date Milliseconds 1,268,919,000,000
Five Year Average Return 0.0203034
Full Exchange Name NYSEArca
Fullday Change -0.19890022
Fullday Change Percent -1.1989958
Fullday Price 16.38
Fund Family ProShares
Fund Inception Date 1,268,697,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund invests in financial instruments that ProShare Advisors believes, 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 inverse 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.
Long Name ProShares Short Real Estate
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_99718729
Nav Price 16.582
Net Assets 12,506,886.0
Net Expense Ratio 0.95
Open 16.4
Previous Close 16.5889
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change -0.2089
Regular Market Change Percent -1.25928
Regular Market Day High 16.43
Regular Market Day Low 16.3414
Regular Market Day Range 16.3414 - 16.43
Regular Market Open 16.4
Regular Market Previous Close 16.5889
Regular Market Price 16.38
Regular Market Time 1,792,094,400
Regular Market Volume 12,325
Short Name ProShares Short Real Estate
Source Interval 15
Symbol REK
Three Year Average Return -0.045171298
Total Assets 12,506,886
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 8.01403
Trailing Three Month Returns 8.01403
Triggerable 1
Two Hundred Day Average 16.08795
Two Hundred Day Average Change 0.2920494
Two Hundred Day Average Change Percent 0.018153302
Type Disp ETF
Volume 12,325
Yield 0.0272
Ytd Return -0.55672