CLIX vs. EINC
CLIX (ProShares Long Online/Short Stores ETF) and EINC (VanEck Energy Income ETF) are both exchange-traded funds - CLIX is a Long-Short fund tracking the ProShares Long Online/Short Stores Index, while EINC is a Energy Equities fund tracking the MVIS North America Energy Infrastructure Index. Both are passively managed. Over the past 5 years, CLIX returned -7.74%/yr vs 20.86%/yr for EINC. At a 0.17 correlation, their price movements are largely independent. CLIX charges 0.65%/yr vs 0.45%/yr for EINC.
Performance
CLIX vs. EINC - Performance Comparison
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Returns By Period
In the year-to-date period, CLIX achieves a -9.21% return, which is significantly lower than EINC's 24.27% return.
CLIX
- 1D
- -2.78%
- 1M
- -6.17%
- YTD
- -9.21%
- 6M
- -9.14%
- 1Y
- 8.03%
- 3Y*
- 17.35%
- 5Y*
- -7.74%
- 10Y*
- —
EINC
- 1D
- 1.33%
- 1M
- -5.79%
- YTD
- 24.27%
- 6M
- 25.77%
- 1Y
- 27.21%
- 3Y*
- 29.77%
- 5Y*
- 20.86%
- 10Y*
- 11.88%
CLIX vs. EINC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLIX ProShares Long Online/Short Stores ETF | -9.21% | 32.81% | 20.73% | 28.97% | -46.73% | -39.96% | 90.91% | 17.32% | 6.34% | -2.43% |
EINC VanEck Energy Income ETF | 24.27% | 7.11% | 42.79% | 15.55% | 19.18% | 38.05% | -19.89% | 16.98% | -19.85% | 1.35% |
Correlation
The correlation between CLIX and EINC is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.11 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Nov 16, 2017 | 0.17 |
The correlation between CLIX and EINC shifts across timeframes, from -0.16 (1 year) to 0.19 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
CLIX vs. EINC — Risk / Return Rank
CLIX
EINC
CLIX vs. EINC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Long Online/Short Stores ETF (CLIX) and VanEck Energy Income ETF (EINC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CLIX | EINC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.44 | ||
| Sortino ratioReturn per unit of downside risk | -1.81 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.32 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 0.41 | 3.47 | -3.05 |
| Martin ratioReturn relative to average drawdown | 1.06 | 8.82 | -7.76 |
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Drawdowns
CLIX vs. EINC - Drawdown Comparison
The maximum CLIX drawdown since its inception was -73.21%, smaller than the maximum EINC drawdown of -87.55%. Use the drawdown chart below to compare losses from any high point for CLIX and EINC.
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Drawdown Indicators
| CLIX | EINC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.21% | -87.55% | +14.34% |
Max Drawdown (1Y)Largest decline over 1 year | -19.57% | -7.89% | -11.68% |
Max Drawdown (3Y)Largest decline over 3 years | -21.18% | -16.01% | -5.17% |
Max Drawdown (5Y)Largest decline over 5 years | -68.22% | -19.87% | -48.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -68.85% | — |
Current DrawdownCurrent decline from peak | -46.37% | -5.79% | -40.58% |
Average DrawdownAverage peak-to-trough decline | -34.75% | -44.16% | +9.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.57% | 3.09% | +4.48% |
Volatility
CLIX vs. EINC - Volatility Comparison
ProShares Long Online/Short Stores ETF (CLIX) and VanEck Energy Income ETF (EINC) have volatilities of 6.59% and 6.32%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CLIX | EINC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.59% | 6.32% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 16.36% | 11.86% | +4.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.50% | 15.07% | +6.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.05% | 19.54% | +7.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.92% | 25.43% | +0.49% |
CLIX vs. EINC - Expense Ratio Comparison
CLIX has a 0.65% expense ratio, which is higher than EINC's 0.45% expense ratio.
Dividends
CLIX vs. EINC - Dividend Comparison
CLIX's dividend yield for the trailing twelve months is around 0.59%, less than EINC's 3.56% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLIX ProShares Long Online/Short Stores ETF | 0.59% | 0.46% | 0.46% | 0.00% | 0.00% | 0.00% | 1.33% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
EINC VanEck Energy Income ETF | 3.56% | 4.51% | 3.33% | 3.77% | 2.89% | 6.03% | 6.69% | 9.66% | 11.31% | 8.53% | 9.71% | 28.53% |
Frequently Asked Questions
CLIX and EINC have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CLIX has higher volatility (6.59%) compared to EINC (6.32%). In terms of maximum drawdown, CLIX dropped -73.21% vs EINC's -87.55%.
On 5-year performance, EINC leads with 20.86% vs -7.74% for CLIX. On fees, EINC is cheaper at 0.45% per year. On volatility, EINC has been the lower-risk option at 6.32%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, EINC has performed better with a 20.86% return vs -7.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
EINC is cheaper with a 0.45% expense ratio, compared with 0.65% for CLIX.
EINC has the higher dividend yield at 3.56%, compared with 0.59% for CLIX.
CLIX is categorized as Long-Short, while EINC is Energy Equities. CLIX tracks ProShares Long Online/Short Stores Index, while EINC tracks MVIS North America Energy Infrastructure Index. They also come from different issuers: ProShares and VanEck. Their fees differ too: 0.65% for CLIX and 0.45% for EINC.
EINC currently has the higher Sharpe Ratio (1.82 vs 0.38), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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