PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
CLIX vs. FXG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CLIX and FXG is 0.13, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

CLIX vs. FXG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Long Online/Short Stores ETF (CLIX) and First Trust Consumer Staples AlphaDEX Fund (FXG). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
11.56%
-0.09%
CLIX
FXG

Key characteristics

Sharpe Ratio

CLIX:

1.08

FXG:

0.34

Sortino Ratio

CLIX:

1.55

FXG:

0.55

Omega Ratio

CLIX:

1.19

FXG:

1.06

Calmar Ratio

CLIX:

0.30

FXG:

0.45

Martin Ratio

CLIX:

4.88

FXG:

1.33

Ulcer Index

CLIX:

4.02%

FXG:

2.84%

Daily Std Dev

CLIX:

18.22%

FXG:

11.04%

Max Drawdown

CLIX:

-73.21%

FXG:

-38.69%

Current Drawdown

CLIX:

-54.89%

FXG:

-8.39%

Returns By Period

In the year-to-date period, CLIX achieves a 22.44% return, which is significantly higher than FXG's 2.90% return.


CLIX

YTD

22.44%

1M

-0.49%

6M

11.56%

1Y

22.31%

5Y*

-0.64%

10Y*

N/A

FXG

YTD

2.90%

1M

-5.24%

6M

-0.09%

1Y

5.65%

5Y*

6.75%

10Y*

5.75%

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. FXG - Expense Ratio Comparison

CLIX has a 0.65% expense ratio, which is higher than FXG's 0.63% expense ratio.


CLIX
ProShares Long Online/Short Stores ETF
Expense ratio chart for CLIX: current value at 0.65% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.65%
Expense ratio chart for FXG: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%

Risk-Adjusted Performance

CLIX vs. FXG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Long Online/Short Stores ETF (CLIX) and First Trust Consumer Staples AlphaDEX Fund (FXG). 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.


Sharpe ratio
The chart of Sharpe ratio for CLIX, currently valued at 1.08, compared to the broader market0.002.004.001.080.34
The chart of Sortino ratio for CLIX, currently valued at 1.55, compared to the broader market-2.000.002.004.006.008.0010.001.550.55
The chart of Omega ratio for CLIX, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.191.06
The chart of Calmar ratio for CLIX, currently valued at 0.30, compared to the broader market0.005.0010.0015.000.300.45
The chart of Martin ratio for CLIX, currently valued at 4.88, compared to the broader market0.0020.0040.0060.0080.00100.004.881.33
CLIX
FXG

The current CLIX Sharpe Ratio is 1.08, which is higher than the FXG Sharpe Ratio of 0.34. The chart below compares the historical Sharpe Ratios of CLIX and FXG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
1.08
0.34
CLIX
FXG

Dividends

CLIX vs. FXG - Dividend Comparison

CLIX's dividend yield for the trailing twelve months is around 0.45%, less than FXG's 1.66% yield.


TTM20232022202120202019201820172016201520142013
CLIX
ProShares Long Online/Short Stores ETF
0.45%0.00%0.00%0.00%1.33%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FXG
First Trust Consumer Staples AlphaDEX Fund
1.66%1.41%1.83%1.38%1.41%1.63%2.30%1.34%1.71%1.67%1.24%0.95%

Drawdowns

CLIX vs. FXG - Drawdown Comparison

The maximum CLIX drawdown since its inception was -73.21%, which is greater than FXG's maximum drawdown of -38.69%. Use the drawdown chart below to compare losses from any high point for CLIX and FXG. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-54.89%
-8.39%
CLIX
FXG

Volatility

CLIX vs. FXG - Volatility Comparison

ProShares Long Online/Short Stores ETF (CLIX) has a higher volatility of 5.57% compared to First Trust Consumer Staples AlphaDEX Fund (FXG) at 3.48%. This indicates that CLIX's price experiences larger fluctuations and is considered to be riskier than FXG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
5.57%
3.48%
CLIX
FXG
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab