By Market News Video Staff, Wednesday, September 8, 11:10 AM ET
The ProShares Ultra Real Estate ETF (AMEX:URE) has returned 72% over the last year.
While major publications are questioning the value of homeownership, real estate stocks aren't slowing down.
The ProShares Ultra Real Estate ETF's largest holding, Simon Property Group (NYSE:SPG) is up 48% over the last year, their second largest holding, Vornado Realty Trust (NYSE:VNO) is higher by 51% and the third largest holding, Public Storage (NYSE:PSA) is up 47%.
This ETF has juiced those returns by shooting for 200% of the daily performance of the underlying index, using leverage.
This Article's Word Cloud:AMEXEstateGroupNYSEProSharesPropertyPublicRealRealtySimonStorageThisTrustUltraVornadoWhilearendailydownestatehigherholdinghomeownershipindexjuicedlargestlastleveragemajoroverperformancepublicationsquestioningrealreturnedreturnssecondshootingslowingstockstheirthirdthoseunderlyingusingvalueyear
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.