ProShares - Long Online/Short Stores ETF
$58.51−0.27 (−0.46%)
- 0.65%
- $6M
- +1.0%
- 0.48%
- 0M sh
- $58.45
- low $50.29high $62.85
The ETF.net CLIX Grade
C
Score 46 out of 100
- 7 of 10
Score 46 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D35 out of 100Rank 6 of 10Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A81 out of 100Rank 1 of 10Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C48 out of 100Rank 6 of 10Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.F21 out of 100Rank 10 of 10Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B58 out of 100Rank 5 of 10
Our read on CLIX
CAn e-commerce fund built as a pair trade: 100% long U.S.-listed online retailers, 50% short retailers that live on in-store sales. One idea, mall to cart, with net market exposure near half that of a long-only basket.
The Fund seeks pre-fee investment results that track the ProShares Long Online/Short Stores Index. Its strategy combines a 100% long position in U.S.-listed online retailers with a 50% short position in retail companies primarily dependent on in-store sales.
Why people hold it
- The structure is the product. A 100% long book of U.S.-listed online retailers sits against a 50% short book of store-dependent retailers, so the spread between the two baskets drives results.
- That short sleeve pulls net market exposure down to roughly 50%, tying the fund to the gap between online and in-store retail more than to the direction of stocks overall.
- At 0.65% it sits right at the middle of its e-commerce peer group and level with IBUY, for a long/short build rather than a one-sided basket.
- Trading since 2017, an early way to express the retail shift; ProShares also runs the plain long-only version, ONLN, for anyone who wants the trade without the short side.
Worth knowing
- A small, thinly traded fund. Spreads can widen and bigger orders can push the price around, unlike the cohort's more heavily traded names.
- The short sleeve cuts both ways: when brick-and-mortar retailers run hot, that half of the trade works against the long book.
- Concentrated, with fewer than three dozen positions split across both sleeves, so individual names carry real weight.
CLIX Holdings
- Stocks
- 22
- 70%
- AMZN
Sectors
- Consumer Discretionary93.8%
- Communication3.2%
- Technology3.1%
Geography
- United States75.67%
- China11.00%
- Ireland4.49%
- Uruguay4.14%
- Singapore2.98%
- Israel1.72%
Developed 31% · Emerging 69%
CLIX Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
CLIX$10,104
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CLIX |
|---|---|
| Year to date | −2.9% |
| 1 month | +1.1% |
| 3 months | +0.2% |
| 1 year | +1.0% |
| 3 years | +18.8% |
| 5 years | −2.8% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CLIX |
|---|---|---|
| 2026 YTD | −2.9% | |
| 2025 | +32.8% | |
| 2024 | +20.7% | |
| 2023 | +29.0% | |
| 2022 | −46.7% | |
| 2021 | −40.0% | |
| 2020 | +91.0% |
CLIX in the news
CLIX Dividends
- 0.48%
- $0.28
- $0.09 per share
- Quarterly
Distribution history
CLIX Risk
- 19.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.70
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −61.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.94
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CLIX Cost
0.65%
CLIX0.65%
- The middle half of E-Commerce funds
- Median 0.63%
5 of the 10 E-Commerce funds charge less.
Other funds in E-Commerce
- BIBUYAmplify Online Retail ETFExpense ratio 0.65%1 year return −4.1%
- CISHPFirst Trust S-Network E-Commerce ETFExpense ratio 0.60%1 year return −12.0%
- DFDNIFirst Trust Dow Jones International Internet ETFExpense ratio 0.65%1 year return −26.6%
- DEMQQEMQQ The Emerging Markets Internet ETFExpense ratio 0.86%1 year return −24.8%
- DFMQQFMQQ The Next Frontier Internet ETFExpense ratio 0.86%1 year return −13.9%