notphaedrus

ProShares' Financial ETFs vs. Real Estate ETFs - Which Should You Own?

A belated comment, but as of today (8.13), none of the top 25 holdings in URE matches the top 25 in UYG (per Morningstar), so the weighting of the two will be quite different and in may, indeed, make sense to hold both and short both through SRS and SKF, depending on one's views of the two markets. Of more interest than the portfolio overlaps maybe the questions of correlation and amplitudes and whether we are likely to see divergences in coming months.