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ProShares Trust - ProShares Ultra Real Estate is an exchange traded fund launched and managed by ProShare Advisors LLC. It invests in public equity markets of the United States. The fund invests through derivatives in stocks of companies operating across mortgage real estate investment trusts (reits), financials, diversified financials, equity real estate investment trusts (reits), real estate sectors. The fund uses derivatives such as swaps to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track 2x the daily performance of the Dow Jones U.S. Real Estate Index, by using full replication technique. ProShares Trust - ProShares Ultra Real Estate was formed on January 30, 2007 and is domiciled in the United States.
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