CLIX vs. FXG
Compare and contrast key facts about ProShares Long Online/Short Stores ETF (CLIX) and First Trust Consumer Staples AlphaDEX Fund (FXG).
CLIX and FXG 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. FXG is a passively managed fund by First Trust that tracks the performance of the StrataQuant Consumer Staples Index. It was launched on May 8, 2007. Both CLIX and FXG 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 FXG.
Key characteristics
| CLIX | FXG | |
|---|---|---|
| YTD Return | 14.42% | 4.37% |
| 1Y Return | 44.22% | 4.57% |
| 3Y Return (Ann) | -19.22% | 5.38% |
| 5Y Return (Ann) | -3.91% | 8.75% |
| Sharpe Ratio | 2.12 | 0.43 |
| Daily Std Dev | 21.34% | 11.09% |
| Max Drawdown | -73.21% | -38.69% |
| Current Drawdown | -57.84% | -4.00% |
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.
Performance
CLIX vs. FXG - Performance Comparison
In the year-to-date period, CLIX achieves a 14.42% return, which is significantly higher than FXG's 4.37% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CLIX vs. FXG - Expense Ratio Comparison
CLIX has a 0.65% expense ratio, which is higher than FXG's 0.63% expense ratio.
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.
Dividends
CLIX vs. FXG - Dividend Comparison
CLIX's dividend yield for the trailing twelve months is around 0.35%, less than FXG's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CLIX ProShares Long Online/Short Stores ETF | 0.35% | 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 | 1.21% | 1.41% | 1.83% | 1.38% | 1.41% | 1.63% | 2.31% | 1.34% | 1.72% | 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.
Volatility
CLIX vs. FXG - Volatility Comparison
ProShares Long Online/Short Stores ETF (CLIX) has a higher volatility of 5.96% compared to First Trust Consumer Staples AlphaDEX Fund (FXG) at 3.45%. 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.