CLIX vs. FALN
Compare and contrast key facts about ProShares Long Online/Short Stores ETF (CLIX) and iShares Fallen Angels USD Bond ETF (FALN).
CLIX and FALN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CLIX is a passively managed fund by ProShares that tracks the performance of the ProShares Long Online/Short Stores Index. It was launched on Nov 14, 2017. FALN is a passively managed fund by iShares that tracks the performance of the Bloomberg US High Yield Fallen Angel 3% Capped Index. It was launched on Jun 14, 2016. Both CLIX and FALN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CLIX or FALN.
Correlation
The correlation between CLIX and FALN is 0.43, 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. FALN - Performance Comparison
Key characteristics
CLIX:
1.95
FALN:
1.80
CLIX:
2.60
FALN:
2.53
CLIX:
1.33
FALN:
1.33
CLIX:
0.53
FALN:
2.97
CLIX:
10.52
FALN:
10.78
CLIX:
3.33%
FALN:
0.78%
CLIX:
17.92%
FALN:
4.65%
CLIX:
-73.21%
FALN:
-29.22%
CLIX:
-53.45%
FALN:
-0.41%
Returns By Period
In the year-to-date period, CLIX achieves a 4.66% return, which is significantly higher than FALN's 1.05% return.
CLIX
4.66%
3.20%
12.88%
32.69%
-1.64%
N/A
FALN
1.05%
1.66%
4.63%
8.21%
4.94%
N/A
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CLIX vs. FALN - Expense Ratio Comparison
CLIX has a 0.65% expense ratio, which is higher than FALN's 0.25% expense ratio.
Risk-Adjusted Performance
CLIX vs. FALN — Risk-Adjusted Performance Rank
CLIX
FALN
CLIX vs. FALN - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Long Online/Short Stores ETF (CLIX) and iShares Fallen Angels USD Bond ETF (FALN). 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.
Dividends
CLIX vs. FALN - Dividend Comparison
CLIX's dividend yield for the trailing twelve months is around 0.44%, less than FALN's 6.17% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
CLIX ProShares Long Online/Short Stores ETF | 0.44% | 0.46% | 0.00% | 0.00% | 0.00% | 1.33% | 0.00% | 0.00% | 0.00% | 0.00% |
FALN iShares Fallen Angels USD Bond ETF | 6.17% | 6.23% | 5.38% | 5.08% | 3.39% | 5.14% | 5.35% | 5.97% | 6.99% | 3.54% |
Drawdowns
CLIX vs. FALN - Drawdown Comparison
The maximum CLIX drawdown since its inception was -73.21%, which is greater than FALN's maximum drawdown of -29.22%. Use the drawdown chart below to compare losses from any high point for CLIX and FALN. For additional features, visit the drawdowns tool.
Volatility
CLIX vs. FALN - Volatility Comparison
ProShares Long Online/Short Stores ETF (CLIX) has a higher volatility of 5.74% compared to iShares Fallen Angels USD Bond ETF (FALN) at 1.89%. This indicates that CLIX's price experiences larger fluctuations and is considered to be riskier than FALN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.