GREK vs. CLIX
Compare and contrast key facts about Global X MSCI Greece ETF (GREK) and ProShares Long Online/Short Stores ETF (CLIX).
GREK and CLIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GREK is a passively managed fund by Global X that tracks the performance of the MSCI All Greece Select 25-50. It was launched on Dec 7, 2011. 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 GREK 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: GREK or CLIX.
Correlation
The correlation between GREK and CLIX 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.
Performance
GREK vs. CLIX - Performance Comparison
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Key characteristics
GREK:
1.25
CLIX:
0.60
GREK:
1.79
CLIX:
1.06
GREK:
1.26
CLIX:
1.14
GREK:
0.82
CLIX:
0.25
GREK:
5.53
CLIX:
2.24
GREK:
5.64%
CLIX:
6.77%
GREK:
23.29%
CLIX:
21.85%
GREK:
-79.50%
CLIX:
-73.21%
GREK:
-11.66%
CLIX:
-52.17%
Returns By Period
In the year-to-date period, GREK achieves a 35.34% return, which is significantly higher than CLIX's 7.53% return.
GREK
35.34%
10.88%
40.08%
28.90%
28.64%
6.03%
CLIX
7.53%
15.08%
8.17%
13.02%
-6.74%
N/A
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GREK vs. CLIX - Expense Ratio Comparison
GREK has a 0.58% expense ratio, which is lower than CLIX's 0.65% expense ratio.
Risk-Adjusted Performance
GREK vs. CLIX — Risk-Adjusted Performance Rank
GREK
CLIX
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.
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Dividends
GREK vs. CLIX - Dividend Comparison
GREK's dividend yield for the trailing twelve months is around 3.42%, more than CLIX's 0.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GREK Global X MSCI Greece ETF | 3.42% | 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 | 0.31% | 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.
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Volatility
GREK vs. CLIX - Volatility Comparison
The current volatility for Global X MSCI Greece ETF (GREK) is 5.23%, while ProShares Long Online/Short Stores ETF (CLIX) has a volatility of 6.06%. This indicates that GREK 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.
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