CLIX - ETF AI Analysis
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ProShares Long Online/Short Stores ETF (CLIX)
Rating:57Neutral
Price Target:―
Positive Factors
Strong Online Retail Leaders
Top holdings like Amazon and eBay have shown strong gains, helping support the fund’s overall results.
Targeted E‑Commerce Exposure
The ETF focuses heavily on online and consumer-focused companies, giving investors concentrated access to the growth of digital retail.
Recent Short-Term Momentum
The fund’s performance over the past month has been strong, suggesting improving short-term sentiment in its holdings.
Negative Factors
High Concentration in a Few Stocks
A large share of the portfolio is tied up in a small number of companies, which increases the impact if any of them struggle.
Mixed Performance Among Top Holdings
Several key positions, including Alibaba, Carvana, Revolve Group, Coupang, and Wayfair, have shown weak results this year, weighing on the fund’s overall performance.
Higher Expense Ratio
The fund’s fee is relatively high for an ETF, which can eat into long-term returns compared with lower-cost options.
CLIX vs. SPDR S&P 500 ETF (SPY)
AUM7.37M
RegionNorth America
Expense Ratio0.65%
Beta0.96
IssuerProShares
Inception DateNov 14, 2017
Dividend Yield0.54%
Asset ClassEquity
Index TrackedProShares Long Online/Short Stores Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume887
30 Day Avg. Volume551
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
73.10Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering21
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CLIX Summary
CLIX is the ProShares Long Online/Short Stores ETF, which follows the ProShares Long Online/Short Stores Index. It aims to benefit from the shift toward online shopping by owning internet retailers and betting against traditional store-based retailers. Well-known holdings include Amazon and Alibaba, along with other e-commerce names. Someone might invest in CLIX if they believe online shopping will keep growing and want a focused way to profit from that trend while reducing exposure to struggling physical stores. A key risk is that it can be volatile and may lose money if traditional retailers do better than expected or e-commerce growth slows.
How much will it cost me?The expense ratio for the ProShares Long Online/Short Stores ETF (CLIX) is 0.65%, which means you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because the fund uses an actively managed long/short strategy to target specific trends in retail, requiring more research and management effort.
What would affect this ETF?The ProShares Long Online/Short Stores ETF (CLIX) could benefit from continued growth in e-commerce, driven by changing consumer preferences and technological advancements, especially with top holdings like Amazon and Alibaba leading the online retail space. However, it may face challenges if traditional retail adapts successfully to digital trends or if economic conditions, such as rising interest rates, negatively impact consumer spending. Regulatory changes affecting online retailers could also pose risks to the fund's performance.
CLIX Top 10 Holdings
CLIX is essentially a bet on the online shopping boom, with Amazon as the heavyweight that’s recently been wobbling rather than charging ahead, leaving some of the lift to rising names like Etsy and a resurgent Wayfair. On the flip side, lagging players such as Alibaba, Coupang, and Revolve are acting like sandbags on performance. The fund is heavily tilted toward U.S. consumer and e-commerce names, with only a light global flavor, so investors are mostly riding the fortunes of North American online retail rather than a broad international mix.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Amazon | 21.08% | $1.53M | $2.66T | 9.02% | 71 Outperform | |
| Alibaba | 8.23% | $598.76K | $275.39B | 0.06% | 68 Neutral | |
| eBay | 6.53% | $475.25K | $49.75B | 44.49% | 70 Outperform | |
| PDD Holdings | 4.39% | $319.56K | $119.76B | -22.81% | 70 Outperform | |
| Carvana Co | 4.11% | $298.79K | $73.86B | -1.53% | 66 Neutral | |
| Mercadolibre | 3.67% | $266.64K | $91.96B | -22.98% | 77 Outperform | |
| Pattern Group, Inc. Class A | 3.18% | $231.04K | $4.97B | ― | ― | |
| Sea | 3.07% | $223.60K | $63.73B | -31.94% | 69 Neutral | |
| Coupang | 3.03% | $220.18K | $29.83B | -47.63% | 60 Neutral | |
| Chewy | 2.94% | $213.86K | $8.57B | -44.76% | 54 Neutral |
CLIX Technical Analysis
Positive
―
Price Trends
57.16
Positive
56.45
Positive
57.73
Positive
Market Momentum
0.70
Negative
58.95
Neutral
54.95
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CLIX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 56.94, equal to the 50-day MA of 57.16, and equal to the 200-day MA of 57.73, indicating a bullish trend. The MACD of 0.70 indicates Negative momentum. The RSI at 58.95 is Neutral, neither overbought nor oversold. The STOCH value of 54.95 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CLIX.
CLIX Peer Comparison
Comparison Results
Performance Comparison
CLIX
ProShares Long Online/Short Stores ETF
58.89
4.90
9.08%
GXPD
Global X PureCap MSCI Consumer Discretionary ETF
―
―
―
IEDI
iShares Evolved US Discretionary Spending ETF
―
―
―
PSCD
Invesco S&P SmallCap Consumer Discretionary ETF
―
―
―
PEZ
Invesco DWA Consumer Cyclicals Momentum ETF
―
―
―
BEDZ
AdvisorShares Hotel ETF
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―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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