ProShares - UltraShort Real Estate
SRS
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 7501 Wisconsin Avenue, Suite 1000E Bethesda MD United States of America 20814
- IPO Date
- Feb 1, 2007
- CIK
- 0001174610
- Website
- proshares.com
- Similar Companies
- Business
- ProShares UltraShort Real Estate (SRS) seeks daily investment results that correspond to twice the inverse (-2x) of the daily performance of the S&P Real Estate Select Sector Index. The fund provides sophisticated investors with leveraged inverse exposure to U.S. real estate sector companies, including diversified REITs, industrial REITs, hotel and resort REITs, office REITs, health care REITs, residential REITs, retail REITs, specialized REITs, and real estate management and development firms; it achieves this primarily through derivatives such as swap agreements with major global financial institutions including BNP Paribas, Goldman Sachs International, Bank of America, Citibank, Societe Generale, and UBS AG. SRS offers quarterly distributions, options trading availability, and a net expense ratio of 0.95% with a contractual fee waiver through September 30, 2026. Launched on January 30, 2007, and issued by ProShare Advisors LLC, a subsidiary of ProShares Trust headquartered at 7272 Wisconsin Avenue, 21st Floor, Bethesda, Maryland 20814, the ETF trades on NYSE Arca and targets short-term bearish views on the real estate sector without suitability for long-term holding due to daily reset and leverage risks. In recent developments, ProShare Advisors strengthened distribution capabilities in September 2025 by hiring three regional vice presidents—Chad Brand for Southern California, Mike Hart for New York City/Westchester/Long Island, and Matt Zorumski for Florida—to support business expansion; the firm also announced ETF share splits across 22 funds in November 2025, launched dynamic buffer ETFs and leveraged single-stock products targeting companies like Coinbase, Nvidia, Palantir, and Tesla earlier in 2025, reached over $100 billion in assets under management by October 2025, and withdrew certain highly leveraged ETF registration requests in December 2025 following SEC concerns over risk disclosures.