CTEX vs. LLII

Last updated Jun 24, 2026

CTEX (ProShares S&P Kensho Cleantech ETF) and LLII (REX LLY Growth & Income ETF) are both exchange-traded funds - CTEX is a Alternative Energy Equities fund tracking the S&P Kensho Cleantech Index, while LLII is a Derivative Income fund actively managed by REX. CTEX is passively managed, while LLII is actively managed. At a 0.08 correlation, their price movements are largely independent. CTEX charges 0.58%/yr vs 0.99%/yr for LLII.

Performance

CTEX vs. LLII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares S&P Kensho Cleantech ETF (CTEX) and REX LLY Growth & Income ETF (LLII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CTEX achieves a 20.77% return, which is significantly higher than LLII's 2.07% return.

CTEX

• 1D: -6.36%
• 1M: -8.02%
• YTD: 20.77%
• 6M: 16.43%
• 1Y: 116.42%
• 3Y*: 11.07%
• 5Y*: —
• 10Y*: —

LLII

• 1D: 0.00%
• 1M: 6.03%
• YTD: 2.07%
• 6M: 3.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

CTEX vs. LLII - Yearly Performance Comparison

	2026 (YTD)	2025
CTEX ProShares S&P Kensho Cleantech ETF	20.77%	-6.96%
LLII REX LLY Growth & Income ETF	2.07%	19.74%

Correlation

The correlation between CTEX and LLII is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025	0.08

Return for Risk

CTEX vs. LLII — Risk / Return Rank

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

CTEX

CTEX Risk / Return Rank: 79
CTEX Sharpe Ratio Rank: 87
CTEX Sortino Ratio Rank: 71
CTEX Omega Ratio Rank: 69
CTEX Calmar Ratio Rank: 90
CTEX Martin Ratio Rank: 77

LLII

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

CTEX vs. LLII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares S&P Kensho Cleantech ETF (CTEX) and REX LLY Growth & Income ETF (LLII). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CTEX	LLII	Difference
Sharpe ratio: Return per unit of total volatility	2.65	—	—
Sortino ratio: Return per unit of downside risk	2.98	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	5.35	—	—
Martin ratio: Return relative to average drawdown	13.69	—	—

Drawdowns

CTEX vs. LLII - Drawdown Comparison

The maximum CTEX drawdown since its inception was -70.31%, which is greater than LLII's maximum drawdown of -23.96%. Use the drawdown chart below to compare losses from any high point for CTEX and LLII.

Drawdown Indicators

	CTEX	LLII	Difference
Max Drawdown Largest peak-to-trough decline	-70.31%	-23.96%	-46.35%
Max Drawdown (1Y) Largest decline over 1 year	-21.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-56.83%	—	—
Current Drawdown Current decline from peak	-17.23%	-0.71%	-16.52%
Average Drawdown Average peak-to-trough decline	-41.61%	-8.63%	-32.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.53%	—	—

Volatility

Volatility by Period

	CTEX	LLII	Difference
Volatility (1M) Calculated over the trailing 1-month period	19.24%	—	—
Volatility (6M) Calculated over the trailing 6-month period	32.48%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	44.17%	35.58%	+8.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.59%	35.58%	+8.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.59%	35.58%	+8.01%

CTEX vs. LLII - Expense Ratio Comparison

CTEX has a 0.58% expense ratio, which is lower than LLII's 0.99% expense ratio.

Dividends

CTEX vs. LLII - Dividend Comparison

CTEX's dividend yield for the trailing twelve months is around 1.73%, less than LLII's 25.62% yield.

Position	TTM	2025	2024	2023
CTEX ProShares S&P Kensho Cleantech ETF	1.73%	2.17%	0.57%	0.12%
LLII REX LLY Growth & Income ETF	25.62%	5.13%	0.00%	0.00%

Frequently Asked Questions

Can I hold both CTEX and LLII in my portfolio?

CTEX and LLII have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, CTEX or LLII?

On fees, CTEX is cheaper at 0.58% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, CTEX or LLII?

CTEX is cheaper with a 0.58% expense ratio, compared with 0.99% for LLII.

Which ETF pays a higher dividend yield, CTEX or LLII?

LLII has the higher dividend yield at 25.62%, compared with 1.73% for CTEX.

What is the main difference between CTEX and LLII?

CTEX is categorized as Alternative Energy Equities, while LLII is Derivative Income. They also come from different issuers: ProShares and REX. Their fees differ too: 0.58% for CTEX and 0.99% for LLII.