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. As popular as they may seem now, online retailers like Amazon and Alibaba only account for about 10% of global retail sales, leaving tremendous room for growth.
  • Physical retailers are under immense pressure. Sales have been declining and profit margins are approaching lows not seen since the recession. Over 30 major retailers have declared bankruptcy in the past three years, and longstanding names like J.C. Penney and Macy’s are struggling to remain viable.
  • CLIX 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 physical stores. Investors have the opportunity to benefit from both outperforming online and underperforming physical retailers. 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.
  • Watch The Street interview with Simeon Hyman for more about the secular decline of bricks-and-mortar retailers.

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

Fund Characteristics as of 6/30/18

Distribution Yield 0.00%
SEC 30-Day Yield -0.37%

Price Information as of 8/14/18

NAV $48.34
NAV Change -$0.86
Market Price Closing $48.43
Market Price Closing Change -$0.83
Daily Trading Volume 15,625