ProShares - Long Online/Short Stores ETF
$57.01−1.22 (−2.10%)
- Expense ratio
- 0.65%
- Fund size
- $6M
- 1Y return
- −2.9%
- Yield · Last 12 months
- 0.54%
- Holdings
- 28
- Volume · 30D
- 0M sh
- NAV per share
- $58.60
- 52W range
The ETF.net CLIX Grade
Score 46 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 35Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.AScore 80Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 48Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 21Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 54Category rank
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
- 28
- 72%
- AMZN
Sectors
- Consumer Discr.93.7%
- Technology3.3%
- Communication3.0%
Geography
- United States75.55%
- China11.24%
- Ireland4.50%
- Uruguay3.92%
- Singapore3.05%
- Israel1.73%
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.
Returns run to the Sep 22, 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 | −3.3% |
| 1 month | −2.0% |
| 3 months | +6.5% |
| 1 year | −2.9% |
| 3 years | +19.6% |
| 5 years | −3.4% |
| 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 | −3.3% | |
| 2025 | +32.8% | |
| 2024 | +20.7% | |
| 2023 | +29.0% | |
| 2022 | −46.7% | |
| 2021 | −40.0% | |
| 2020 | +91.0% |
CLIX in the news
ETF.net Research hasn’t filed on CLIX yet — coverage lands here as it’s written.
CLIX Dividends
- 0.54%
- $0.32
- $0.09 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 24, 2026 | Jun 30, 2026 | $0.09 |
| Mar 25, 2026 | Mar 31, 2026 | $0.13 |
| Dec 24, 2025 | Dec 31, 2025 | $0.05 |
| Sep 24, 2025 | Sep 30, 2025 | $0.04 |
| Jun 25, 2025 | Jul 1, 2025 | $0.10 |
| Mar 26, 2025 | Apr 1, 2025 | $0.09 |
| Dec 23, 2024 | Dec 31, 2024 | $0.0014 |
| Jun 26, 2024 | Jul 3, 2024 | $0.06 |
| Mar 20, 2024 | Mar 27, 2024 | $0.15 |
| Dec 23, 2020 | Dec 31, 2020 | $0.80 |
| Sep 23, 2020 | Sep 30, 2020 | $0.43 |
CLIX Risk
- 19.4%
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.
- 0.71
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.
- 0.93
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
- The middle half of E-Commerce funds
- Median 0.63%
5 of the 10 E-Commerce funds charge less.