REK ETF — ProShares Short Real Estate

ProShares Short Real Estate (REK)

REK is an ETF. As of August 19, 2026, its distribution rate is 3.17%, its trailing-12-month yield is 3.25%, its expense ratio is 0.95%. Fund total return is -81.3% over the past 16.4 years, 859.9 points behind SPY at 778.6%.

At the current 3.17% distribution rate, a $10,000 investment would generate approximately $317 per year, or $26.42 per month on an equivalent basis. Actual quarterly payments vary.

ProShares Short Real Estate is an ETF that provides inverse exposure to real estate companies in the S&P 500, designed to move opposite to daily performance in that real estate sector. The fund carries a modest current distribution rate paid quarterly and has an expense ratio of 0.95%. It appeals to investors seeking to hedge against real estate exposure or profit from declines in real estate equity valuations.

REK performance versus SPY

Data as of August 19, 2026.

Fund total return is -81.3% over the past 16.4 years, 859.9 points behind SPY at 778.6%. Its deepest 1-year drawdown was 12.7%.

REK key facts

Data as of August 19, 2026.

Issuer

ProShares

Asset type

ETF

Asset class

Equity

Inception date

03/16/2010

Expense ratio

0.95%

Distribution rate

3.17%

Distribution frequency

Quarterly

Trailing yield

3.25%

Last close

$15.51

AUM

$11,705,576

Average volume

3711.0

Last dividend

$0.1230

Ex-dividend date

06/24/2026

Payment date

06/30/2026

Beta

-0.88

How Dividend Vision calculates yield and returns

Distribution rate (3.17%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (3.25%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: ProShares; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

REK risks and drawbacks

REK's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 12.7%.

Who may consider REK — and who may not

REK may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (REK pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from ProShares.