The ProShares Long Online/Short Stores ETF, with the ticker CLIX, is an innovative financial instrument that seeks to capitalize on the seismic shift from traditional brick-and-mortar retail to a rapidly growing e-commerce landscape. This fund is designed for investors looking to exploit the dynamic sector of Consumer Discretionary, specifically honing in on the Broadline Retail niche. By taking a unique long/short approach, CLIX strategically invests in leading online retailers while simultaneously shorting shares of physical store-based retail companies. This dual strategy aims to leverage growth in online shopping while hedging against the decline of traditional retail outlets. With a keen focus on capturing the evolving consumer behavior trends, CLIX offers a compelling opportunity for investors to diversify their portfolio and potentially enhance returns amidst the digital transformation of retail.
Asset Class
Equity
Region
North America
Issuer
ProShares
Index Tracked
ProShares Long Online/Short Stores Index
Ticker Symbol
CLIX
ProShares Long Online/Short Stores ETF (CLIX) Fund Flow Chart
ProShares Long Online/Short Stores ETF (CLIX) 1 year Net Flows: -$10M
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.