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CLIX vs. HTUS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CLIX vs. HTUS

Last updated Jun 4, 2026

CLIX (ProShares Long Online/Short Stores ETF) and HTUS (Hull Tactical US ETF) are both Long-Short funds. CLIX is passively managed, while HTUS is actively managed. Over the past 5 years, CLIX returned -6.40%/yr vs 15.35%/yr for HTUS. At a 0.44 correlation, their price movements are largely independent. CLIX charges 0.65%/yr vs 0.97%/yr for HTUS.

Performance

CLIX vs. HTUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Long Online/Short Stores ETF (CLIX) and Hull Tactical US ETF (HTUS). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CLIX achieves a -6.21% return, which is significantly lower than HTUS's 11.33% return.

CLIX

1D
-2.35%
1M
-6.73%
YTD
-6.21%
6M
-6.37%
1Y
12.94%
3Y*
18.92%
5Y*
-6.40%
10Y*
—

HTUS

1D
-0.55%
1M
5.04%
YTD
11.33%
6M
12.04%
1Y
28.96%
3Y*
22.15%
5Y*
15.35%
10Y*
12.52%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CLIX vs. HTUS - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CLIX
ProShares Long Online/Short Stores ETF		-6.21%32.81%20.73%28.97%-46.73%-39.96%90.91%17.32%6.34%-2.09%
HTUS
Hull Tactical US ETF		11.33%16.57%25.02%30.11%-13.00%24.29%13.21%20.27%-10.04%3.08%

Correlation

The correlation between CLIX and HTUS is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.52

Correlation (3Y)
Calculated over the trailing 3-year period

0.56

Correlation (5Y)
Calculated over the trailing 5-year period

0.50

Correlation (All Time)
Calculated using the full available price history since Nov 17, 2017

0.44

The correlation between CLIX and HTUS shifts across timeframes, from 0.44 (all time) to 0.56 (3 years), reflecting how their relationship changes across market environments.

CLIX vs. HTUS - Sectors Allocation Comparison

Sectors
CLIX
HTUS

Consumer Cyclical

94.8%
10.1%

Technology

3.6%
35.6%

Consumer Defensive

1.6%
4.9%

Basic Materials

-

1.8%

Communication Services

-

11.2%

Energy

-

3.5%

Financial Services

-

11.8%

Healthcare

-

8.5%

Industrials

-

8.3%

Real Estate

-

1.9%

Utilities

-

2.4%

Consumer Cyclical

CLIX
94.8%
HTUS
10.1%

Technology

CLIX
3.6%
HTUS
35.6%

Consumer Defensive

CLIX
1.6%
HTUS
4.9%

Basic Materials

CLIX

-

HTUS
1.8%

Communication Services

CLIX

-

HTUS
11.2%

Energy

CLIX

-

HTUS
3.5%

Financial Services

CLIX

-

HTUS
11.8%

Healthcare

CLIX

-

HTUS
8.5%

Industrials

CLIX

-

HTUS
8.3%

Real Estate

CLIX

-

HTUS
1.9%

Utilities

CLIX

-

HTUS
2.4%

Compare stocks, funds, or ETFs

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

ProShares Long Online/Short Stores ETF

Hull Tactical US ETF

Often compared with CLIX:
CLIX vs. GREKCLIX vs. FXGCLIX vs. ROBTCLIX vs. ARKGCLIX vs. FALNCLIX vs. FDISCLIX vs. SPY
Often compared with HTUS:
HTUS vs. SPYHTUS vs. CLSEHTUS vs. ARGTHTUS vs. FTLSHTUS vs. DFNDHTUS vs. LBAYHTUS vs. VTV

Return for Risk

CLIX vs. HTUS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CLIX
CLIX Risk / Return Rank: 1818
Overall Rank
CLIX Sharpe Ratio Rank: 1919
Sharpe Ratio Rank
CLIX Sortino Ratio Rank: 1818
Sortino Ratio Rank
CLIX Omega Ratio Rank: 1818
Omega Ratio Rank
CLIX Calmar Ratio Rank: 1717
Calmar Ratio Rank
CLIX Martin Ratio Rank: 1818
Martin Ratio Rank
HTUS
HTUS Risk / Return Rank: 7878
Overall Rank
HTUS Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
HTUS Sortino Ratio Rank: 8282
Sortino Ratio Rank
HTUS Omega Ratio Rank: 8181
Omega Ratio Rank
HTUS Calmar Ratio Rank: 6767
Calmar Ratio Rank
HTUS Martin Ratio Rank: 8484
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CLIX vs. HTUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Long Online/Short Stores ETF (CLIX) and Hull Tactical US ETF (HTUS). 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.

CLIXHTUSDifference
Sharpe ratioReturn per unit of total volatility
0.62
2.53

-1.91

Sortino ratioReturn per unit of downside risk
0.97
3.71

-2.74

Omega ratioGain probability vs. loss probability

1.12

1.50

-0.38

Calmar ratioReturn relative to maximum drawdown

0.66

3.35

-2.69

Martin ratioReturn relative to average drawdown

1.81

17.27

-15.46

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CLIX vs. HTUS - Sharpe Ratio Comparison

The current CLIX Sharpe Ratio is 0.62, which is lower than the HTUS Sharpe Ratio of 2.53. The chart below compares the historical Sharpe Ratios of CLIX and HTUS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

CLIXHTUSDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.62

2.53

-1.91

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.24

0.81

-1.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.59

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.17

0.58

-0.40

Drawdowns

CLIX vs. HTUS - Drawdown Comparison

The maximum CLIX drawdown since its inception was -73.21%, which is greater than HTUS's maximum drawdown of -47.50%. Use the drawdown chart below to compare losses from any high point for CLIX and HTUS.

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Drawdown Indicators

CLIXHTUSDifference

Max Drawdown

Largest peak-to-trough decline

-73.21%

-47.50%

-25.71%

Max Drawdown (1Y)

Largest decline over 1 year

-19.57%

-8.68%

-10.89%

Max Drawdown (3Y)

Largest decline over 3 years

-21.18%

-24.41%

+3.23%

Max Drawdown (5Y)

Largest decline over 5 years

-68.22%

-24.41%

-43.81%

Max Drawdown (10Y)

Largest decline over 10 years

—

-47.50%

—

Current Drawdown

Current decline from peak

-44.59%

-0.55%

-44.04%

Average Drawdown

Average peak-to-trough decline

-34.70%

-4.06%

-30.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

7.15%

1.68%

+5.47%

Volatility

CLIX vs. HTUS - Volatility Comparison

ProShares Long Online/Short Stores ETF (CLIX) has a higher volatility of 5.08% compared to Hull Tactical US ETF (HTUS) at 2.47%. This indicates that CLIX's price experiences larger fluctuations and is considered to be riskier than HTUS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CLIXHTUSDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.08%

2.47%

+2.61%

Volatility (6M)

Calculated over the trailing 6-month period

15.59%

9.39%

+6.20%

Volatility (1Y)

Calculated over the trailing 1-year period

20.89%

11.50%

+9.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

26.94%

19.03%

+7.91%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

25.92%

21.45%

+4.47%

CLIX vs. HTUS - Expense Ratio Comparison

CLIX has a 0.65% expense ratio, which is lower than HTUS's 0.97% expense ratio.

Dividends

CLIX vs. HTUS - Dividend Comparison

CLIX's dividend yield for the trailing twelve months is around 0.57%, less than HTUS's 10.68% yield.

PositionTTM2025202420232022202120202019201820172016
CLIX
ProShares Long Online/Short Stores ETF		0.57%0.46%0.46%0.00%0.00%0.00%1.33%0.00%0.00%0.00%0.00%
HTUS
Hull Tactical US ETF		10.68%11.89%17.80%1.18%5.63%7.20%3.77%0.92%8.69%8.29%3.02%

Frequently Asked Questions

CLIX and HTUS have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

CLIX has higher volatility (5.08%) compared to HTUS (2.47%). In terms of maximum drawdown, CLIX dropped -73.21% vs HTUS's -47.50%.

On 5-year performance, HTUS leads with 15.35% vs -6.40% for CLIX. On fees, CLIX is cheaper at 0.65% per year. On volatility, HTUS has been the lower-risk option at 2.47%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, HTUS has performed better with a 15.35% return vs -6.40%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

CLIX is cheaper with a 0.65% expense ratio, compared with 0.97% for HTUS.

HTUS has the higher dividend yield at 10.68%, compared with 0.57% for CLIX.

They also come from different issuers: ProShares and Exchange Traded Concepts. Their fees differ too: 0.65% for CLIX and 0.97% for HTUS.

HTUS currently has the higher Sharpe Ratio (2.53 vs 0.62), 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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