MacroShares Major Metro Housing Down (DMM): does the opposite of UUM – DMM rises when the index falls and falls as the index rises.
Real estate investment trusts and funds (REITs), like mutual funds, own properties. They specialize in a part of the markets, including office buildings, malls, apartment buildings and shopping centeres. Mutual funds also invest in REITs.
For more information on real estate, visit our real estate category.
Max Chen contributed to this article.