CLIX vs. ROBT

Last updated Jun 3, 2026

CLIX (ProShares Long Online/Short Stores ETF) and ROBT (First Trust Nasdaq Artificial Intelligence & Robotics ETF) are both exchange-traded funds - CLIX is a Long-Short fund tracking the ProShares Long Online/Short Stores Index, while ROBT is a Technology Equities fund tracking the Nasdaq CTA Artificial Intelligence and Robotics Index. Both are passively managed. Over the past 5 years, CLIX returned -5.94%/yr vs 2.94%/yr for ROBT. A 0.65 correlation means they provide meaningful diversification when combined. Both charge a 0.65% expense ratio.

Performance

CLIX vs. ROBT - 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 Nasdaq Artificial Intelligence & Robotics ETF (ROBT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CLIX achieves a -3.95% return, which is significantly lower than ROBT's 16.22% return.

CLIX

• 1D: -0.88%
• 1M: -3.59%
• YTD: -3.95%
• 6M: -4.31%
• 1Y: 16.32%
• 3Y*: 19.86%
• 5Y*: -5.94%
• 10Y*: —

ROBT

• 1D: 0.03%
• 1M: 15.19%
• YTD: 16.22%
• 6M: 16.72%
• 1Y: 34.67%
• 3Y*: 10.74%
• 5Y*: 2.94%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CLIX vs. ROBT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
CLIX ProShares Long Online/Short Stores ETF	-3.95%	32.81%	20.73%	28.97%	-46.73%	-39.96%	90.91%	17.32%	-9.03%
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF	16.22%	15.16%	-0.41%	27.77%	-34.94%	9.91%	46.18%	34.28%	-13.98%

Correlation

The correlation between CLIX and ROBT is 0.58, 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	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.65
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (All Time) Calculated using the full available price history since Feb 23, 2018	0.65

The correlation between CLIX and ROBT shifts across timeframes, from 0.58 (1 year) to 0.70 (5 years), reflecting how their relationship changes across market environments.

CLIX vs. ROBT - Sectors Allocation Comparison

Sectors	CLIX	ROBT
Consumer Cyclical	94.8%	6.6%
Technology	3.6%	57.0%
Consumer Defensive	1.6%	1.4%
Basic Materials	-	-
Communication Services	-	4.1%
Energy	-	1.5%
Financial Services	-	1.6%
Healthcare	-	7.4%
Industrials	-	20.4%
Real Estate	-	-
Utilities	-	-

Return for Risk

CLIX vs. ROBT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CLIX

CLIX Risk / Return Rank: 21
CLIX Sharpe Ratio Rank: 23
CLIX Sortino Ratio Rank: 22
CLIX Omega Ratio Rank: 22
CLIX Calmar Ratio Rank: 20
CLIX Martin Ratio Rank: 20

ROBT

ROBT Risk / Return Rank: 37
ROBT Sharpe Ratio Rank: 42
ROBT Sortino Ratio Rank: 41
ROBT Omega Ratio Rank: 38
ROBT Calmar Ratio Rank: 33
ROBT Martin Ratio Rank: 31

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. ROBT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Long Online/Short Stores ETF (CLIX) and First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT). 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.

	CLIX	ROBT	Difference
Sharpe ratio Return per unit of total volatility	0.79	1.50	-0.71
Sortino ratio Return per unit of downside risk	1.19	2.08	-0.90
Omega ratio Gain probability vs. loss probability	1.14	1.25	-0.10
Calmar ratio Return relative to maximum drawdown	0.89	1.63	-0.74
Martin ratio Return relative to average drawdown	2.44	4.68	-2.24
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. ROBT - Sharpe Ratio Comparison

The current CLIX Sharpe Ratio is 0.79, which is lower than the ROBT Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of CLIX and ROBT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CLIX	ROBT	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.79	1.50	-0.71
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.22	0.12	-0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.18	0.36	-0.18

Drawdowns

CLIX vs. ROBT - Drawdown Comparison

The maximum CLIX drawdown since its inception was -73.21%, which is greater than ROBT's maximum drawdown of -44.47%. Use the drawdown chart below to compare losses from any high point for CLIX and ROBT.

Drawdown Indicators

	CLIX	ROBT	Difference
Max Drawdown Largest peak-to-trough decline	-73.21%	-44.47%	-28.74%
Max Drawdown (1Y) Largest decline over 1 year	-19.57%	-21.66%	+2.09%
Max Drawdown (3Y) Largest decline over 3 years	-21.18%	-27.68%	+6.50%
Max Drawdown (5Y) Largest decline over 5 years	-68.22%	-43.26%	-24.96%
Current Drawdown Current decline from peak	-43.26%	0.00%	-43.26%
Average Drawdown Average peak-to-trough decline	-34.70%	-15.98%	-18.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.13%	7.53%	-0.40%

Volatility

CLIX vs. ROBT - Volatility Comparison

The current volatility for ProShares Long Online/Short Stores ETF (CLIX) is 4.75%, while First Trust Nasdaq Artificial Intelligence & Robotics ETF (ROBT) has a volatility of 6.02%. This indicates that CLIX experiences smaller price fluctuations and is considered to be less risky than ROBT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CLIX	ROBT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.75%	6.02%	-1.27%
Volatility (6M) Calculated over the trailing 6-month period	15.44%	17.44%	-2.00%
Volatility (1Y) Calculated over the trailing 1-year period	20.77%	23.25%	-2.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.95%	25.17%	+1.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.92%	25.48%	+0.44%

CLIX vs. ROBT - Expense Ratio Comparison

Both CLIX and ROBT have an expense ratio of 0.65%.

Dividends

CLIX vs. ROBT - Dividend Comparison

CLIX's dividend yield for the trailing twelve months is around 0.55%, while ROBT has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
CLIX ProShares Long Online/Short Stores ETF	0.55%	0.46%	0.46%	0.00%	0.00%	0.00%	1.33%	0.00%	0.00%
ROBT First Trust Nasdaq Artificial Intelligence & Robotics ETF	0.00%	0.00%	0.68%	0.23%	0.35%	0.06%	0.17%	0.42%	0.44%

Frequently Asked Questions

Can I hold both CLIX and ROBT in my portfolio?

CLIX and ROBT have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CLIX or ROBT?

ROBT has higher volatility (6.02%) compared to CLIX (4.75%). In terms of maximum drawdown, CLIX dropped -73.21% vs ROBT's -44.47%.

Which ETF is better, CLIX or ROBT?

On 5-year performance, ROBT leads with 2.94% vs -5.94% for CLIX. Both ETFs have the same 0.65% expense ratio. On volatility, CLIX has been the lower-risk option at 4.75%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CLIX or ROBT?

Over the 5-year period, ROBT has performed better with a 2.94% return vs -5.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CLIX or ROBT?

CLIX and ROBT have the same expense ratio: 0.65% per year.

Which ETF pays a higher dividend yield, CLIX or ROBT?

CLIX has the higher dividend yield at 0.55%, compared with 0.00% for ROBT.

What is the main difference between CLIX and ROBT?

CLIX is categorized as Long-Short, while ROBT is Technology Equities. CLIX tracks ProShares Long Online/Short Stores Index, while ROBT tracks Nasdaq CTA Artificial Intelligence and Robotics Index. They also come from different issuers: ProShares and First Trust.

Which has better risk-adjusted returns?

ROBT currently has the higher Sharpe Ratio (1.50 vs 0.79), 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.