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CLIX vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CLIX and SPY is 0.54, 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.


-0.50.00.51.0
Correlation: 0.5

Performance

CLIX vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Long Online/Short Stores ETF (CLIX) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%NovemberDecember2025FebruaryMarchApril
18.00%
134.30%
CLIX
SPY

Key characteristics

Sharpe Ratio

CLIX:

0.76

SPY:

0.32

Sortino Ratio

CLIX:

1.13

SPY:

0.51

Omega Ratio

CLIX:

1.14

SPY:

1.07

Calmar Ratio

CLIX:

0.24

SPY:

0.39

Martin Ratio

CLIX:

3.26

SPY:

1.52

Ulcer Index

CLIX:

4.47%

SPY:

3.13%

Daily Std Dev

CLIX:

19.26%

SPY:

14.74%

Max Drawdown

CLIX:

-73.21%

SPY:

-55.19%

Current Drawdown

CLIX:

-54.80%

SPY:

-12.17%

Returns By Period

In the year-to-date period, CLIX achieves a 1.61% return, which is significantly higher than SPY's -8.15% return.


CLIX

YTD

1.61%

1M

-3.06%

6M

-2.70%

1Y

14.85%

5Y*

-2.92%

10Y*

N/A

SPY

YTD

-8.15%

1M

-6.68%

6M

-4.88%

1Y

4.64%

5Y*

18.45%

10Y*

11.89%

*Annualized

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. SPY - Expense Ratio Comparison

CLIX has a 0.65% expense ratio, which is higher than SPY's 0.09% expense ratio.


CLIX
ProShares Long Online/Short Stores ETF
Expense ratio chart for CLIX: current value is 0.65%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CLIX: 0.65%
Expense ratio chart for SPY: current value is 0.09%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPY: 0.09%

Risk-Adjusted Performance

CLIX vs. SPY — Risk-Adjusted Performance Rank

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

CLIX
The Risk-Adjusted Performance Rank of CLIX is 5959
Overall Rank
The Sharpe Ratio Rank of CLIX is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of CLIX is 6666
Sortino Ratio Rank
The Omega Ratio Rank of CLIX is 6363
Omega Ratio Rank
The Calmar Ratio Rank of CLIX is 3333
Calmar Ratio Rank
The Martin Ratio Rank of CLIX is 6868
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 3535
Overall Rank
The Sharpe Ratio Rank of SPY is 3333
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 3131
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 3333
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 4040
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 4040
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CLIX vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Long Online/Short Stores ETF (CLIX) and SPDR S&P 500 ETF (SPY). 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 0.77, compared to the broader market0.002.004.00
CLIX: 0.77
SPY: 0.32
The chart of Sortino ratio for CLIX, currently valued at 1.15, compared to the broader market-2.000.002.004.006.008.0010.0012.00
CLIX: 1.15
SPY: 0.51
The chart of Omega ratio for CLIX, currently valued at 1.14, compared to the broader market0.501.001.502.002.503.00
CLIX: 1.14
SPY: 1.07
The chart of Calmar ratio for CLIX, currently valued at 0.24, compared to the broader market0.005.0010.0015.00
CLIX: 0.24
SPY: 0.39
The chart of Martin ratio for CLIX, currently valued at 3.28, compared to the broader market0.0020.0040.0060.0080.00100.00
CLIX: 3.28
SPY: 1.52

The current CLIX Sharpe Ratio is 0.76, which is higher than the SPY Sharpe Ratio of 0.32. The chart below compares the historical Sharpe Ratios of CLIX and SPY, 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 Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.77
0.32
CLIX
SPY

Dividends

CLIX vs. SPY - Dividend Comparison

CLIX's dividend yield for the trailing twelve months is around 0.33%, less than SPY's 1.34% yield.


TTM20242023202220212020201920182017201620152014
CLIX
ProShares Long Online/Short Stores ETF
0.33%0.46%0.00%0.00%0.00%1.33%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF
1.34%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

CLIX vs. SPY - Drawdown Comparison

The maximum CLIX drawdown since its inception was -73.21%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for CLIX and SPY. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-54.80%
-12.17%
CLIX
SPY

Volatility

CLIX vs. SPY - Volatility Comparison

The current volatility for ProShares Long Online/Short Stores ETF (CLIX) is 6.83%, while SPDR S&P 500 ETF (SPY) has a volatility of 7.47%. This indicates that CLIX experiences smaller price fluctuations and is considered to be less risky than SPY 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%8.00%NovemberDecember2025FebruaryMarchApril
6.83%
7.47%
CLIX
SPY
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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.

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