PortfoliosLab logo
CLIX vs. ARKG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CLIX and ARKG is 0.55, 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.


Performance

CLIX vs. ARKG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Long Online/Short Stores ETF (CLIX) and ARK Genomic Revolution Multi-Sector ETF (ARKG). The values are adjusted to include any dividend payments, if applicable.

Loading data...

Key characteristics

Sharpe Ratio

CLIX:

0.60

ARKG:

-0.38

Sortino Ratio

CLIX:

1.06

ARKG:

-0.31

Omega Ratio

CLIX:

1.14

ARKG:

0.97

Calmar Ratio

CLIX:

0.25

ARKG:

-0.22

Martin Ratio

CLIX:

2.24

ARKG:

-1.24

Ulcer Index

CLIX:

6.77%

ARKG:

14.90%

Daily Std Dev

CLIX:

21.85%

ARKG:

46.42%

Max Drawdown

CLIX:

-73.21%

ARKG:

-83.59%

Current Drawdown

CLIX:

-52.17%

ARKG:

-80.49%

Returns By Period

In the year-to-date period, CLIX achieves a 7.53% return, which is significantly higher than ARKG's -7.41% return.


CLIX

YTD

7.53%

1M

15.08%

6M

8.17%

1Y

13.02%

5Y*

-6.74%

10Y*

N/A

ARKG

YTD

-7.41%

1M

4.81%

6M

-3.80%

1Y

-17.77%

5Y*

-13.24%

10Y*

0.19%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


CLIX vs. ARKG - Expense Ratio Comparison

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


Risk-Adjusted Performance

CLIX vs. ARKG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CLIX
The Risk-Adjusted Performance Rank of CLIX is 5555
Overall Rank
The Sharpe Ratio Rank of CLIX is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of CLIX is 6363
Sortino Ratio Rank
The Omega Ratio Rank of CLIX is 5858
Omega Ratio Rank
The Calmar Ratio Rank of CLIX is 3333
Calmar Ratio Rank
The Martin Ratio Rank of CLIX is 5959
Martin Ratio Rank

ARKG
The Risk-Adjusted Performance Rank of ARKG is 66
Overall Rank
The Sharpe Ratio Rank of ARKG is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of ARKG is 77
Sortino Ratio Rank
The Omega Ratio Rank of ARKG is 88
Omega Ratio Rank
The Calmar Ratio Rank of ARKG is 77
Calmar Ratio Rank
The Martin Ratio Rank of ARKG is 22
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CLIX vs. ARKG - Risk-Adjusted Performance Comparison

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 0.60, which is higher than the ARKG Sharpe Ratio of -0.38. 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.


Loading data...

Dividends

CLIX vs. ARKG - Dividend Comparison

CLIX's dividend yield for the trailing twelve months is around 0.31%, while ARKG has not paid dividends to shareholders.


TTM20242023202220212020201920182017
CLIX
ProShares Long Online/Short Stores ETF
0.31%0.46%0.00%0.00%0.00%1.33%0.00%0.00%0.00%
ARKG
ARK Genomic Revolution Multi-Sector ETF
0.00%0.00%0.00%0.00%0.62%0.85%3.14%1.94%1.34%

Drawdowns

CLIX vs. ARKG - Drawdown Comparison

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. For additional features, visit the drawdowns tool.


Loading data...

Volatility

CLIX vs. ARKG - Volatility Comparison

The current volatility for ProShares Long Online/Short Stores ETF (CLIX) is 6.06%, while ARK Genomic Revolution Multi-Sector ETF (ARKG) has a volatility of 14.24%. 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.


Loading data...