FXG vs. CLIX
Compare and contrast key facts about First Trust Consumer Staples AlphaDEX Fund (FXG) and ProShares Long Online/Short Stores ETF (CLIX).
FXG and CLIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. 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. Both FXG and CLIX 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: FXG or CLIX.
Key characteristics
| FXG | CLIX | |
|---|---|---|
| YTD Return | 7.42% | 13.61% |
| 1Y Return | 9.08% | 34.77% |
| 3Y Return (Ann) | 5.67% | -16.80% |
| 5Y Return (Ann) | 9.33% | -3.21% |
| Sharpe Ratio | 0.71 | 1.53 |
| Daily Std Dev | 11.08% | 20.89% |
| Max Drawdown | -38.69% | -73.21% |
| Current Drawdown | -1.20% | -58.15% |
Correlation
The correlation between FXG and CLIX 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
FXG vs. CLIX - Performance Comparison
In the year-to-date period, FXG achieves a 7.42% return, which is significantly lower than CLIX's 13.61% 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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FXG vs. CLIX - Expense Ratio Comparison
FXG has a 0.63% expense ratio, which is lower than CLIX's 0.65% expense ratio.
Risk-Adjusted Performance
FXG vs. CLIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Consumer Staples AlphaDEX Fund (FXG) and ProShares Long Online/Short Stores ETF (CLIX). 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
FXG vs. CLIX - Dividend Comparison
FXG's dividend yield for the trailing twelve months is around 1.18%, more than CLIX's 0.35% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FXG First Trust Consumer Staples AlphaDEX Fund | 1.18% | 1.41% | 1.83% | 1.38% | 1.41% | 1.63% | 2.31% | 1.34% | 1.72% | 1.67% | 1.24% | 0.95% |
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% |
Drawdowns
FXG vs. CLIX - Drawdown Comparison
The maximum FXG drawdown since its inception was -38.69%, smaller than the maximum CLIX drawdown of -73.21%. Use the drawdown chart below to compare losses from any high point for FXG and CLIX. For additional features, visit the drawdowns tool.
Volatility
FXG vs. CLIX - Volatility Comparison
The current volatility for First Trust Consumer Staples AlphaDEX Fund (FXG) is 3.06%, while ProShares Long Online/Short Stores ETF (CLIX) has a volatility of 6.24%. This indicates that FXG experiences smaller price fluctuations and is considered to be less risky than CLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.