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CLIX - ETF AI Analysis
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ProShares Long Online/Short Stores ETF (CLIX)
Rating:59Neutral
Price Target:―
Positive Factors
Strong Online Retail Focus
Many of the largest holdings are well-known online retailers that have shown generally strong or improving performance, which supports the fund’s strategy of benefiting from the shift to online shopping.
Concentrated in Leading Names
Top positions like Amazon, Alibaba, eBay, and other major e-commerce companies make up a meaningful share of the portfolio, so the fund can benefit when these leaders do well.
Recent Short-Term Momentum
Despite a slightly negative year-to-date result, the fund has shown positive performance over the last three months, suggesting some recent improvement in its strategy.
Negative Factors
High Expense Ratio
The fund’s fee is relatively high for an ETF, which can eat into returns over time compared with lower-cost alternatives.
Heavy Concentration in Consumer Cyclical Sector
With most of its assets in consumer cyclical stocks, the fund is sensitive to changes in consumer spending and economic conditions.
Limited Geographic Diversification
The portfolio is heavily focused on U.S. companies, offering little exposure to other regions that could help balance country-specific risks.
CLIX vs. SPDR S&P 500 ETF (SPY)
AUM7.67M
RegionNorth America
Expense Ratio0.65%
Beta0.87
IssuerProShares
Inception DateNov 14, 2017
Dividend Yield0.47%
Asset ClassEquity
Index TrackedProShares Long Online/Short Stores Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume385
30 Day Avg. Volume719
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
75.86Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering19
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CLIX Summary
CLIX is an ETF that follows the ProShares Long Online/Short Stores Index, aiming to benefit from the shift from in-store shopping to online retail. It owns shares of major e-commerce companies like Amazon and Alibaba, while betting against traditional store-based retailers. 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 is heavily tied to the retail sector and can be volatile if consumer spending or retail trends change.
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 digital checkout line, with Amazon as the lead engine and fast-rising names like Carvana and Wayfair adding extra horsepower. Alibaba and eBay are contributing in a more mixed way, with recent trading a bit choppy despite solid long-term stories. On the weaker side, Etsy and Chewy have been lagging, occasionally throwing sand in the fund’s gears. Overall, the ETF is heavily tilted toward consumer cyclical e-commerce, mostly tied to U.S. names, making it a focused play on the ongoing shift from malls to mobile.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Amazon | 21.46% | $1.59M | $2.56T | 0.68% | 71 Outperform | |
| Alibaba | 7.83% | $579.22K | $364.47B | 71.55% | 68 Neutral | |
| eBay | 6.07% | $448.80K | $41.23B | 35.18% | 70 Outperform | |
| Carvana Co | 4.49% | $332.12K | $87.26B | 62.08% | 66 Neutral | |
| Coupang | 4.13% | $305.24K | $36.83B | -14.25% | 60 Neutral | |
| GigaCloud Technology, Inc. Class A | 3.95% | $292.33K | $1.48B | 90.85% | 82 Outperform | |
| PDD Holdings | 3.80% | $281.22K | $140.68B | -9.70% | 70 Outperform | |
| Wayfair | 3.75% | $277.25K | $13.49B | 113.95% | 52 Neutral | |
| Chewy | 3.72% | $275.15K | $12.08B | -25.32% | 54 Neutral | |
| Buckle | 3.67% | $271.88K | $2.42B | -0.65% | 72 Outperform |
CLIX Technical Analysis
Negative
―
Price Trends
60.55
Negative
60.24
Negative
55.75
Positive
Market Momentum
-0.04
Positive
37.94
Neutral
43.04
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CLIX, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 61.40, equal to the 50-day MA of 60.55, and equal to the 200-day MA of 55.75, indicating a neutral trend. The MACD of -0.04 indicates Positive momentum. The RSI at 37.94 is Neutral, neither overbought nor oversold. The STOCH value of 43.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CLIX.
CLIX Peer Comparison
Comparison Results
Performance Comparison
CLIX
ProShares Long Online/Short Stores ETF
59.17
9.31
18.67%
PSCD
Invesco S&P SmallCap Consumer Discretionary ETF
―
―
―
IEDI
iShares Evolved US Discretionary Spending ETF
―
―
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PEZ
Invesco DWA Consumer Cyclicals Momentum ETF
―
―
―
GXPD
Global X PureCap MSCI Consumer Discretionary ETF
―
―
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EATZ
AdvisorShares Restaurant ETF
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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.
Disclaimer
This 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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