CLIX vs. ARKG

In the year-to-date period, CLIX achieves a 13.20% return, which is significantly higher than ARKG's 3.42% return.

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CLIX has a 0.65% expense ratio, which is lower than ARKG's 0.75% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for ProShares Long Online/Short Stores ETF (CLIX) and ARK Genomic Revolution Multi-Sector ETF (ARKG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

The current CLIX Sharpe Ratio is 0.93, which is higher than the ARKG Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of CLIX and ARKG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The correlation between CLIX and ARKG is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

CLIX's dividend yield for the trailing twelve months is around 0.37%, while ARKG has not paid dividends to shareholders.

The maximum CLIX drawdown since its inception was -73.21%, smaller than the maximum ARKG drawdown of -83.59%. Use the drawdown chart below to compare losses from any high point for CLIX and ARKG.

The current volatility for ProShares Long Online/Short Stores ETF (CLIX) is 3.85%, while ARK Genomic Revolution Multi-Sector ETF (ARKG) has a volatility of 9.74%. This indicates that CLIX experiences smaller price fluctuations and is considered to be less risky than ARKG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.