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CLIX - ETF AI Analysis

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CLIX

ProShares Long Online/Short Stores ETF (CLIX)

Rating:59Neutral
Price Target:
CLIX has a solid but not top-tier overall rating, reflecting a mix of strong online leaders and weaker retail exposures. High-quality holdings like Amazon and GigaCloud Technology boost the fund with strong financial performance, growth initiatives, and positive momentum, while Revolve Group and Buckle add further support through solid operations and generally favorable trends. However, weaker names such as Bed Bath & Beyond and Etsy, which face financial instability and bearish technical signals, along with the fund’s focus on a single theme of online vs. traditional retail, introduce meaningful risk and help keep the rating from being higher.
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)

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 a pure play on the online retail revolution, but its leaders are sending mixed signals. Amazon, the fund’s heavyweight, has been losing steam lately, which puts a noticeable drag on returns. Alibaba and Coupang are also lagging, showing that not all e-commerce giants are firing on all cylinders. Offsetting some of that weakness, smaller names like FIGS and GigaCloud are rising and adding a bit of spark. Overall, the ETF is heavily tilted toward U.S.-centric consumer and tech names, with a clear bet on digital over physical retail.
Name
Company Name
Weight %
Market Value
Market Cap
Yearly Gain
Overall Rating
Amazon22.63%$1.64M$2.67T42.54%
71
Outperform
Alibaba10.19%$738.71K$276.84B24.85%
68
Neutral
eBay8.98%$650.99K$44.80B52.76%
70
Outperform
Carvana Co4.39%$318.45K$81.30B77.30%
66
Neutral
Coupang3.76%$272.74K$38.92B0.28%
60
Neutral
Etsy3.64%$263.94K$5.57B36.22%
57
Neutral
Revolve Group3.53%$256.27K$1.79B27.25%
77
Outperform
Bed Bath & Beyond3.36%$243.58K$382.21M43.09%
44
Neutral
Buckle3.35%$242.98K$2.72B55.09%
72
Outperform
GigaCloud Technology, Inc. Class A3.24%$234.87K$1.71B286.47%
82
Outperform

CLIX Technical Analysis

Technical Analysis Sentiment
Positive
Last Price
Price Trends
50DMA
53.78
Positive
100DMA
57.09
Positive
200DMA
57.11
Positive
Market Momentum
MACD
1.14
Negative
RSI
73.39
Negative
STOCH
98.36
Negative
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 54.42, equal to the 50-day MA of 53.78, and equal to the 200-day MA of 57.11, indicating a bullish trend. The MACD of 1.14 indicates Negative momentum. The RSI at 73.39 is Negative, neither overbought nor oversold. The STOCH value of 98.36 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CLIX.

CLIX Peer Comparison

Comparison Results
Name
Price
Price Target
AUM
Expense Ratio
Overall Rating
$7.07M0.65%
59
Neutral
$33.84M0.15%
70
Outperform
$27.94M0.18%
70
Outperform
$23.01M0.60%
69
Neutral
$22.72M0.29%
67
Neutral
$2.17M1.00%
60
Neutral
Performance Comparison
Ticker
Company Name
Price
Change
% Change
CLIX
ProShares Long Online/Short Stores ETF
59.62
17.25
40.71%
GXPD
Global X PureCap MSCI Consumer Discretionary ETF
IEDI
iShares Evolved US Discretionary Spending ETF
PEZ
Invesco DWA Consumer Cyclicals Momentum ETF
PSCD
Invesco S&P SmallCap Consumer Discretionary ETF
EATZ
AdvisorShares Restaurant ETF
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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