Long Online/Short Stores ETF  - CLIX Long Online/Short Stores ETF

ProShares Long Online/Short Stores ETF seeks investment results, before fees and expenses, that correspond to the performance of the ProShares Long Online/Short Stores Index.

  • E-commerce sales are growing at a rapid pace and undermining in-store retail as consumer habits change and shoppers move online. It's predicted that, by the end of 2020, online retail may account for about 16% of global retail sales, leaving tremendous room for growth.
  • Physical retailers are under immense pressure. In general, profit margins and Return on Assets have been declining for years, currently approaching the lows of the Great Recession.* Over 80 major retailers have declared bankruptcy since 2015 and longstanding names like The Gap and Macy’s are struggling to remain viable.
  • The ProShares Long Online/Short Stores Index combines a 100% long position in retailers that primarily sell online or through other non-store channels with a 50% short position in those that rely principally on revenue from physical stores. A potential advantage is that the long and short positions may offset one another, resulting in a lower net exposure to the direction of the market.
  • Learn More about ProShares Retail Disruption ETFs.
  • Three charts tell the compelling story of e-commerce and the transformation of retail.
    See them here.
  • Read: Explore CLIX’s Long E-commerce and Short Retail Stores Holdings.

Fund Snapshot

Ticker CLIX
Intraday Ticker CLIX.IV
CUSIP 74347B375
Inception Date 11/14/17
Expense Ratio 0.65%
NAV Calculation Time 4:00 p.m. ET
Distributions Quarterly

Price Information as of 10/26/20

NAV $87.36
NAV Change $0.30
Market Price Closing $87.42
Market Price Closing Change $0.29
Daily Trading Volume 25,268
30-Day Median Bid Ask Spread 0.12%

Performance

CLIX Performance Chart

Chart data from Thomson Reuters. Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded. Data is delayed at least 15 minutes.

*Profit margins, as measured by EBIT (Earnings Before Interest and Taxes). Data via Bloomberg.

Sources: eMarketer, May 2019; CB Insights, December 2019.