Short real estate ETFI’m going to jump back in on shares for the short real estate $SRS and $REK, a few week-month swing trade
Key stats
About ProShares Short Real Estate
Home page
Inception date
Mar 18, 2010
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
REK provides inverse exposure to the S&P Real Estate Select Sector Index a market cap-weighted index of US real estate companies, as classified by S&P Dow Jones. Although REK is not a leveraged fund, its daily rebalanced inverse exposure 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. For this fund, investors must monitor and rebalance their exposure whenever possible. The index undergoes annual reconstitution and quarterly review. Prior to March 17, 2023, the fund tracked the Dow Jones US Real Estate Index.
Classification
What's in the fund
Exposure type
Government
Cash
Stock breakdown by region
$REK Volume & Upside Potential As the economic outlook degrades in the face of persistent and widespread inflation and GDP projection revision for Q1 was worse than expected, real estate will take a hit. Currently seeing record prices while the beginning of rate hikes and slowing sales appears.
A short opportunity exists and i
More pain with carry cost - No short propertyIn a growing market with or without inflation property is long...so dont be short!
Cost of carry on a short ETF is a sure way of losing money.
Cost of carry..negative exponential..and back down with the cost of carry from the shorts creating negative exponential returns.
HODL is not appropriate for these types of ETFs.
Cost of carry is a killer!You dont want to caught long with a vost of carry or roll premium against you!
No investment here.
Your timing spikes...
Being short is not a short cut to wealth..so be aware of the risks and understand the product you are trading!
Could Real Estate be the next "Shoe" to drop?AMEX:REK Though it may be a little early to tell, we might just might see a buyer's market emerging in real estate in the next few months to come.
Although, not a popular ETF, this short ProShares ETF seeks a return that is -1x of the Dow Jones U.S. Real Estate Index. I know it's probably not most
REK - SHORT REAL ESTATE - MODEL SAYS OPT. BUY = EO MAY 2019Optimal Buy Point is forecasted to be end of May 2019
Real estate reversal pattern seems to be forming $REKAMEX:REK
Sell price target at $18.40 based off of a 38.2% Fibonacci retracement
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Summarizing what the indicators are suggesting.
Oscillators
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Neutral
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Neutral
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Neutral
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
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Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.