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CLIX - ETF AI Analysis
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ProShares Long Online/Short Stores ETF (CLIX)
Rating:59Neutral
Price Target:
$62.00
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, reflecting its ability to capitalize on market trends.
Focus on High-Growth Sectors
The fund is heavily weighted in Consumer Cyclical and Technology sectors, which are known for their growth potential.
Top Holdings Showing Momentum
Several key holdings, like Alibaba and Wayfair, have shown strong year-to-date performance, contributing positively to the fund.
Negative Factors
High Expense Ratio
The ETF charges a relatively high fee compared to many other funds, which can eat into investor returns over time.
Over-Concentration in U.S. Market
With over 80% exposure to U.S. companies, the fund lacks diversification across global markets.
Underperforming Holding
Revolve Group has shown negative year-to-date performance, which could drag down overall returns.
CLIX vs. SPDR S&P 500 ETF (SPY)
AUM7.48M
RegionNorth America
Expense Ratio0.65%
Beta0.88
IssuerProShares
Inception DateNov 14, 2017
Dividend Yield0.37%
Asset ClassEquity
Index TrackedProShares Long Online/Short Stores Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume1,462
30 Day Avg. Volume1,290
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
72.42Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering20
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
CLIX Summary
The ProShares Long Online/Short Stores ETF (CLIX) is a fund designed to benefit from the shift toward online shopping while hedging against the decline of traditional brick-and-mortar retail. It invests in leading e-commerce companies like Amazon and Alibaba while shorting physical store-based retailers. This ETF focuses on consumer discretionary and technology sectors, making it an interesting choice for investors looking to diversify and potentially capitalize on the growth of online retail. However, new investors should be aware that its performance is closely tied to trends in e-commerce and retail, which can be volatile and influenced by broader economic conditions.
How much will it cost me?The expense ratio for the ProShares Long Online/Short Stores ETF (CLIX) is 0.65%, which means you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because the fund uses an actively managed long/short strategy to target specific trends in retail, requiring more research and management effort.
What would affect this ETF?The ProShares Long Online/Short Stores ETF (CLIX) could benefit from continued growth in e-commerce, driven by changing consumer preferences and technological advancements, especially with top holdings like Amazon and Alibaba leading the online retail space. However, it may face challenges if traditional retail adapts successfully to digital trends or if economic conditions, such as rising interest rates, negatively impact consumer spending. Regulatory changes affecting online retailers could also pose risks to the fund's performance.
CLIX Top 10 Holdings
The ProShares Long Online/Short Stores ETF (CLIX) is riding the wave of e-commerce dominance, with Amazon and Alibaba leading the charge. While Amazon has shown mixed performance recently, Alibaba’s strong growth in AI and cloud segments is giving the fund a boost. Etsy and eBay are steady contributors, benefiting from strategic initiatives and solid cash flow. However, names like Coupang and Carvana are dragging slightly, with valuation concerns and bearish momentum. With a heavy focus on U.S. consumer discretionary and technology sectors, this fund is a bet on the ongoing shift from physical stores to online retail.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Amazon | 22.02% | $1.69M | $2.72T | 29.74% | 76 Outperform | |
| Alibaba | 9.87% | $759.80K | $400.80B | 70.42% | 79 Outperform | |
| eBay | 6.03% | $464.09K | $37.41B | 37.42% | 70 Outperform | |
| Coupang | 3.73% | $287.34K | $58.30B | 24.44% | 62 Neutral | |
| Carvana Co | 3.52% | $271.18K | $72.30B | 47.00% | 64 Neutral | |
| Buckle | 3.42% | $263.18K | $2.82B | 28.41% | 76 Outperform | |
| Wayfair | 3.37% | $259.08K | $13.46B | 146.36% | 57 Neutral | |
| Chewy | 3.35% | $257.86K | $13.66B | 14.15% | 54 Neutral | |
| GigaCloud Technology, Inc. Class A | 3.29% | $253.03K | $1.06B | 23.58% | 75 Outperform | |
| FIGS | 3.21% | $247.41K | $1.25B | 23.19% | 68 Neutral |
CLIX Technical Analysis
Positive
―
Price Trends
59.14
Positive
56.26
Positive
52.01
Positive
Market Momentum
0.53
Negative
59.43
Neutral
68.68
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For CLIX, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 59.67, equal to the 50-day MA of 59.14, and equal to the 200-day MA of 52.01, indicating a bullish trend. The MACD of 0.53 indicates Negative momentum. The RSI at 59.43 is Neutral, neither overbought nor oversold. The STOCH value of 68.68 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CLIX.
CLIX Peer Comparison
Comparison Results
Performance Comparison
CLIX
ProShares Long Online/Short Stores ETF
61.54
15.04
32.34%
PEZ
Invesco DWA Consumer Cyclicals Momentum ETF
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IEDI
iShares Evolved US Discretionary Spending ETF
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PSCD
Invesco S&P SmallCap Consumer Discretionary ETF
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GXPD
Global X PureCap MSCI Consumer Discretionary ETF
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EATZ
AdvisorShares Restaurant ETF
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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