ProShares Long Online/Short Stores ETF (CLIX) belongs to the Long-Short category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CLIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CLIX
CLIX charges 0.65% annually. There are 3 ETFs in the Long-Short category with lower expense ratios, going as low as 0.45%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Large Cap Core Plus | 0.45% | 524.02M | Jul 2009 | CLIX vs CSM | |
| Aptus International Enhanced Yield ETF | 0.45% | 372.15M | Jul 2021 | CLIX vs IDUB | |
| Arin Tactical Tail Risk ETF | 0.63% | — | Oct 2025 | CLIX vs ATTR | |
| Franklin Liberty Systematic Style Premia ETF | 0.65% | 908.01M | Dec 2019 | CLIX vs FLSP | |
| WisdomTree Inflation Plus Fund | 0.65% | 23.76M | Jun 2025 | CLIX vs WTIP |
Best Risk-Adjusted Alternatives to CLIX
CLIX has a PortfoliosLab risk / return rank of 18. There are 17 ETFs in the Long-Short category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Convergence Long/Short Equity ETF | 95 | 447.61M | Feb 2022 | CLIX vs CLSE | |
| IQ Hedge Multi-Strategy Tracker ETF | 85 | 762.37M | Mar 2009 | CLIX vs QAI | |
| Hull Tactical US ETF | 78 | 137.43M | Jun 2015 | CLIX vs HTUS | |
| ProShares Hedge Replication | 73 | 21.57M | Jul 2011 | CLIX vs HDG | |
| Proshares Large Cap Core Plus | 69 | 524.02M | Jul 2009 | CLIX vs CSM |
Top Performing CLIX Alternatives (YTD)
CLIX is at -6.21% YTD. There are 27 ETFs in the Long-Short category with higher YTD returns, going as high as 27.40%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Harbor Long-Short Equity ETF | 27.40% | 15.30M | Dec 2023 | CLIX vs LSEQ | |
| Convergence Long/Short Equity ETF | 25.76% | 447.61M | Feb 2022 | CLIX vs CLSE | |
| Changebridge Capital Long/Short Equity ETF | 24.21% | 55.44M | Nov 2020 | CLIX vs CBLS | |
| Aptus International Enhanced Yield ETF | 16.05% | 372.15M | Jul 2021 | CLIX vs IDUB | |
| Rareview Systematic Equity ETF | 15.92% | 59.01M | Jan 2022 | CLIX vs RSEE |
Lowest Volatility Alternatives to CLIX
CLIX has 20.89% 1-year volatility. There are 25 ETFs in the Long-Short category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AdvisorShares Alpha DNA Equity Sentiment ETF | 0.00% | 3.55M | Feb 2021 | CLIX vs SENT | |
| Arin Tactical Tail Risk ETF | 2.97% | — | Oct 2025 | CLIX vs ATTR | |
| First Trust Merger Arbitrage ETF | 5.31% | 19.86M | Feb 2020 | CLIX vs MARB | |
| ProShares Hedge Replication | 5.64% | 21.57M | Jul 2011 | CLIX vs HDG | |
| IQ Hedge Multi-Strategy Tracker ETF | 5.99% | 762.37M | Mar 2009 | CLIX vs QAI |
Lowest Drawdown Alternatives to CLIX
CLIX has a 1-year max drawdown of -19.57%. There are 20 ETFs in the Long-Short category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AdvisorShares Alpha DNA Equity Sentiment ETF | 0.00% | 3.55M | Feb 2021 | CLIX vs SENT | |
| First Trust Merger Arbitrage ETF | -2.43% | 19.86M | Feb 2020 | CLIX vs MARB | |
| AltShares Event-Driven ETF | -3.35% | 8.62M | Dec 2014 | CLIX vs EVNT | |
| IQ Hedge Multi-Strategy Tracker ETF | -3.71% | 762.37M | Mar 2009 | CLIX vs QAI | |
| First Trust Long/Short Equity ETF | -3.79% | 2.35B | Sep 2014 | CLIX vs FTLS |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, BITO, QLD and span 7 categories. AUM among these funds goes as high as $40B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 71 | 64.46% | 39.77B | Feb 2010 | CLIX vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -26.37% | 1.70B | Oct 2021 | CLIX vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities | 69 | 42.06% | 14.46B | Jun 2006 | CLIX vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 62 | 27.90% | 5.55B | Jun 2009 | CLIX vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 62 | 19.37% | 8.38B | Jun 2006 | CLIX vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 22 | 3.51% | 11.07B | Oct 2013 | CLIX vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 90 | 114.00% | 3.05B | Jan 2007 | CLIX vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities | 0 | -45.27% | 2.23B | Feb 2010 | CLIX vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -19.06% | 398.99M | Oct 2011 | CLIX vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -52.92% | 446.55M | Apr 2024 | CLIX vs BITU |
Often Compared With CLIX
Investors most often compare CLIX with GREK, FXG, ROBT. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare CLIX with Any Fund or Stock
Compare CLIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CLIX with funds that move differently
ProShares Long Online/Short Stores ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CLIX.
Explore CLIX Diversifiers