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

Correlation

The correlation between GREK and CLIX is 0.32, 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.


-0.50.00.51.0
Correlation: 0.3

Performance

GREK vs. CLIX - Performance Comparison

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

20.00%40.00%60.00%80.00%100.00%120.00%140.00%NovemberDecember2025FebruaryMarchApril
129.50%
17.49%
GREK
CLIX

Key characteristics

Sharpe Ratio

GREK:

1.23

CLIX:

0.77

Sortino Ratio

GREK:

1.72

CLIX:

1.15

Omega Ratio

GREK:

1.22

CLIX:

1.14

Calmar Ratio

GREK:

0.63

CLIX:

0.24

Martin Ratio

GREK:

4.52

CLIX:

3.36

Ulcer Index

GREK:

5.43%

CLIX:

4.42%

Daily Std Dev

GREK:

20.01%

CLIX:

19.26%

Max Drawdown

GREK:

-79.50%

CLIX:

-73.21%

Current Drawdown

GREK:

-19.85%

CLIX:

-55.00%

Returns By Period

In the year-to-date period, GREK achieves a 22.79% return, which is significantly higher than CLIX's 1.18% return.


GREK

YTD

22.79%

1M

11.86%

6M

15.66%

1Y

24.92%

5Y*

28.13%

10Y*

6.26%

CLIX

YTD

1.18%

1M

-5.11%

6M

-2.21%

1Y

14.11%

5Y*

-3.04%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


GREK vs. CLIX - Expense Ratio Comparison

GREK has a 0.58% expense ratio, which is lower than CLIX's 0.65% 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 GREK: current value is 0.58%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
GREK: 0.58%

Risk-Adjusted Performance

GREK vs. CLIX — Risk-Adjusted Performance Rank

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

GREK
The Risk-Adjusted Performance Rank of GREK is 7777
Overall Rank
The Sharpe Ratio Rank of GREK is 8383
Sharpe Ratio Rank
The Sortino Ratio Rank of GREK is 8282
Sortino Ratio Rank
The Omega Ratio Rank of GREK is 8383
Omega Ratio Rank
The Calmar Ratio Rank of GREK is 5959
Calmar Ratio Rank
The Martin Ratio Rank of GREK is 7878
Martin Ratio Rank

CLIX
The Risk-Adjusted Performance Rank of CLIX is 6161
Overall Rank
The Sharpe Ratio Rank of CLIX is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of CLIX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of CLIX is 6666
Omega Ratio Rank
The Calmar Ratio Rank of CLIX is 3535
Calmar Ratio Rank
The Martin Ratio Rank of CLIX is 7171
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.

GREK vs. CLIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X MSCI Greece ETF (GREK) 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.


Sharpe ratio
The chart of Sharpe ratio for GREK, currently valued at 1.23, compared to the broader market-1.000.001.002.003.004.005.00
GREK: 1.23
CLIX: 0.77
The chart of Sortino ratio for GREK, currently valued at 1.72, compared to the broader market-2.000.002.004.006.008.0010.00
GREK: 1.72
CLIX: 1.15
The chart of Omega ratio for GREK, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.00
GREK: 1.22
CLIX: 1.14
The chart of Calmar ratio for GREK, currently valued at 1.89, compared to the broader market0.005.0010.0015.00
GREK: 1.89
CLIX: 0.24
The chart of Martin ratio for GREK, currently valued at 4.52, compared to the broader market0.0020.0040.0060.0080.00100.00
GREK: 4.52
CLIX: 3.36

The current GREK Sharpe Ratio is 1.23, which is higher than the CLIX Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of GREK and CLIX, 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 Ratio0.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
1.23
0.77
GREK
CLIX

Dividends

GREK vs. CLIX - Dividend Comparison

GREK's dividend yield for the trailing twelve months is around 3.77%, more than CLIX's 0.33% yield.


TTM20242023202220212020201920182017201620152014
GREK
Global X MSCI Greece ETF
3.77%4.63%2.61%2.82%2.16%2.62%2.25%2.41%2.13%1.95%1.52%0.97%
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%

Drawdowns

GREK vs. CLIX - Drawdown Comparison

The maximum GREK drawdown since its inception was -79.50%, which is greater than CLIX's maximum drawdown of -73.21%. Use the drawdown chart below to compare losses from any high point for GREK and CLIX. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-2.60%
-55.00%
GREK
CLIX

Volatility

GREK vs. CLIX - Volatility Comparison

Global X MSCI Greece ETF (GREK) has a higher volatility of 8.21% compared to ProShares Long Online/Short Stores ETF (CLIX) at 7.19%. This indicates that GREK's price experiences larger fluctuations and is considered to be riskier than CLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%5.00%6.00%7.00%8.00%NovemberDecember2025FebruaryMarchApril
8.21%
7.19%
GREK
CLIX
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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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