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Trending ETFs

Name

As of 05/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$43.89

$12.4 M

1.39%

$0.61

0.65%

Vitals

YTD Return

15.6%

1 yr return

38.0%

3 Yr Avg Return

-17.2%

5 Yr Avg Return

-2.9%

Net Assets

$12.4 M

Holdings in Top 10

74.1%

52 WEEK LOW AND HIGH

$43.9
$31.78
$44.21

Expenses

OPERATING FEES

Expense Ratio 0.65%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund


Name

As of 05/20/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$43.89

$12.4 M

1.39%

$0.61

0.65%

CLIX - Profile

Distributions

  • YTD Total Return 15.6%
  • 3 Yr Annualized Total Return -17.2%
  • 5 Yr Annualized Total Return -2.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.36%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    ProShares Long Online/Short Stores Retail ETF
  • Fund Family Name
    ProShares Trust
  • Inception Date
    Nov 14, 2017
  • Shares Outstanding
    585001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Michael Neches

Fund Description

The Fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the Index.The Index is constructed and maintained by Solactive AG.The ProShares Long Online/Short Stores Index consists of long positions in the online retailers included in the ProShares Online Retail Index (the “Online Index”) and short positions in the “bricks and mortar” retailers included in the Solactive-ProShares Bricks and Mortar Retail Store Index (the “Retail Store Index”).The Fund and Index are designed to help investors take advantage of both sides of the retail industry’s transformation by combining full (100%) long exposure to online retailers with a partial (50%) short position to retailers that depend on physical stores. To be “long” means to have exposure to an asset with the expectation that its value will increase over time. To be “short” means to have exposure to an asset with the expectation that it will fall in value.Long exposure to online retailers may be attractive to investors who believe the trend of rising online sales will continue. Short exposure may be attractive to investors who believe bricks and mortar stores face threats from ongoing trends, such as the growth of online shopping and markets oversaturated with stores. The Fund and Index have the potential to benefit both from outperforming online companies and underperforming bricks and mortar stores.In a long/short portfolio, the long and short positions may offset one another, resulting in a lower net exposure to the direction of the market. For example, the 100% long/50% short structure may allow the Fund and Index to benefit in market environments where both online and store-based retailers are generally rising in value and may provide a buffer in environments where both online and store-based retailers are generally declining.The Online Index is designed to measure the performance of publicly traded companies that principally sell online or through other non-store sales channels, such as through mobile or app purchases, rather than through “brick and mortar” store locations (“Online Retailers”). The Online Index includes U.S. and non-U.S. companies. To be included in the Online Index, an online retailer’s securities must be listed on a U.S. stock exchange, must have a minimum market capitalization of $500 million and must meet certain liquidity requirements. Non-U.S. companies may not make up more than 25% of the Online Index. Companies are weighted in the Online Index using a modified market capitalization approach.The Retail Store Index seeks to measure the performance of publicly traded “bricks and mortar” retail companies whose retail revenue is derived principally from in-store sales. The Retail Store Index includes only U.S. companies. Companies must derive at least 75% of their retail revenues from in-store sales to be included in the Retail Store Index. In addition, a company’s securities must be listed on a U.S. stock exchange and must meet certain liquidity and market capitalization requirements. The Index is rebalanced monthly to equal weight and reconstituted in June of each year.Under normal circumstances, the Fund will invest at least 80% of its total assets in the component securities of the Online Index. The Fund intends to obtain short exposure to the positions in the Retail Store Index by investing in derivatives.The Fund will invest principally in the financial instruments listed below.Equity Securities — Common stock issued by public companies.Depositary Receipts — The Fund may invest in depositary receipts, which principally include:American Depositary Receipts (ADRs), which represent the right to receive securities of foreign issuers deposited in a bank or trust company and are an alternative to purchasing the underlying securities in their national markets and currenciesGlobal Depositary Receipts (GDRs), which are receipts for shares in a foreign-based corporation traded in capital markets around the world.Derivatives — Financial instruments whose value is derived from the value of an underlying asset or assets, such as stocks, bonds, ETFs, interest rates or indexes. The Fund invests in derivatives in order to gain exposure to theIndex. These derivatives principally include:Swap Agreements — Contracts entered into primarily with major global financial institutions for a specified period ranging from a day to more than one year. In a standard swap transaction, two parties agree to exchange or “swap” payments based on the change in value of an underlying asset or benchmark. For example, two parties may agree to exchange the return (or differentials in rates of returns) earned or realized on a particular investment or instrument.Money Market Instruments — The Fund expects that any cash balances maintained in connection with its use of derivatives will typically be held in high quality, short-term money market instruments, for example:U.S. Treasury Bills — U.S. government securities that have initial maturities of one year or less, and are supported by the full faith and credit of the U.S. government.Repurchase Agreements — Contracts in which a seller of securities, usually U.S. government securities or other money market instruments, agrees to buy the securities back at a specified time and price.ProShare Advisors uses a mathematical approach to investing in which it determines the type, quantity and mix of investment positions that it believes, in combination, the Fund should hold to produce returns consistent with its investment objective. The Fund seeks to remain fully invested at all times in financial instruments that, in combination, provide exposure consistent with the investment objective, without regard to market conditions, trends or direction. However, the Fund may invest in or gain exposure to only a representative sample of the securities in the Index or to securities not contained in the Index or in financial instruments, with the intent of obtaining exposure consistent with the investmentobjective.The Index is created and sponsored by ProShare Advisors and is licensed for use by ProShares Trust.Please see “Investment Objectives, Principal Investment Strategies and Related Risks” in the Fund’s Prospectus for additional details.
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CLIX - Performance

Return Ranking - Trailing

Period CLIX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.6% -6.9% 20.6% 5.95%
1 Yr 38.0% -10.3% 43.4% 4.76%
3 Yr -17.2%* -17.2% 25.6% 100.00%
5 Yr -2.9%* -3.5% 25.6% 98.53%
10 Yr N/A* -4.2% 10.2% 66.67%

* Annualized

Return Ranking - Calendar

Period CLIX Return Category Return Low Category Return High Rank in Category (%)
2023 29.0% -17.3% 43.8% 3.57%
2022 -46.7% -54.0% 17.4% 98.69%
2021 -40.0% -40.0% 54.1% 100.00%
2020 88.4% -47.6% 88.4% 0.71%
2019 17.3% -20.3% 62.6% 12.78%

Total Return Ranking - Trailing

Period CLIX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.6% -6.9% 20.6% 5.95%
1 Yr 38.0% -10.3% 43.4% 4.76%
3 Yr -17.2%* -17.2% 25.6% 100.00%
5 Yr -2.9%* -3.5% 25.6% 98.53%
10 Yr N/A* -4.2% 10.2% N/A

* Annualized

Total Return Ranking - Calendar

Period CLIX Return Category Return Low Category Return High Rank in Category (%)
2023 29.0% -14.5% 43.8% 4.17%
2022 -46.7% -54.0% 50.3% 98.69%
2021 -40.0% -40.0% 61.6% 100.00%
2020 91.0% -29.9% 91.0% 0.71%
2019 17.3% -17.9% 79.4% 20.30%

CLIX - Holdings

Concentration Analysis

CLIX Category Low Category High CLIX % Rank
Net Assets 12.4 M 1.08 M 6.67 B 92.86%
Number of Holdings 32 3 1788 74.55%
Net Assets in Top 10 9.16 M 474 K 2.09 B 87.88%
Weighting of Top 10 74.08% 0.9% 182.8% 24.85%

Top 10 Holdings

  1. Amazon.com, Inc. 21.82%
  2. INVESCO GOVERNMENT AGENCY PORTFOLIO OPEN-END FUND USD 7.97%
  3. PDD Holdings, Inc. 7.86%
  4. eBay, Inc. 7.77%
  5. Carvana Co., Class A 6.32%
  6. Beyond, Inc. 5.00%
  7. Revolve Group, Inc., Class A 4.85%
  8. Coupang, Inc. 4.70%
  9. Williams-Sonoma, Inc. 4.00%
  10. Buckle, Inc. (The) 3.79%

Asset Allocation

Weighting Return Low Return High CLIX % Rank
Stocks
90.84% 0.00% 102.24% 22.42%
Cash
16.46% 0.00% 102.08% 64.24%
Preferred Stocks
0.00% 0.00% 8.29% 100.00%
Convertible Bonds
0.00% -0.02% 4.48% 98.11%
Bonds
0.00% 0.00% 178.67% 100.00%
Other
-7.30% -45.12% 99.51% 99.39%

Stock Sector Breakdown

Weighting Return Low Return High CLIX % Rank
Consumer Cyclical
88.83% 0.00% 88.83% 0.72%
Communication Services
9.14% 0.00% 32.32% 21.74%
Healthcare
1.83% 0.00% 100.00% 97.10%
Financial Services
0.20% 0.00% 83.83% 95.65%
Utilities
0.00% 0.00% 21.71% 100.00%
Technology
0.00% 0.00% 43.24% 100.00%
Real Estate
0.00% 0.00% 10.93% 100.00%
Industrials
0.00% 0.00% 31.93% 100.00%
Energy
0.00% 0.00% 32.57% 100.00%
Consumer Defense
0.00% 0.00% 33.38% 100.00%
Basic Materials
0.00% 0.00% 28.58% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High CLIX % Rank
US
90.84% -0.30% 102.24% 21.21%
Non US
0.00% -3.36% 70.87% 97.58%

CLIX - Expenses

Operational Fees

CLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.65% 0.42% 8.51% 98.81%
Management Fee 0.65% 0.00% 2.50% 8.33%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.03% 1.54% N/A

Sales Fees

CLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

CLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CLIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 479.00% 25.45%

CLIX - Distributions

Dividend Yield Analysis

CLIX Category Low Category High CLIX % Rank
Dividend Yield 1.39% 0.00% 27.22% 76.65%

Dividend Distribution Analysis

CLIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual SemiAnnual Annual

Net Income Ratio Analysis

CLIX Category Low Category High CLIX % Rank
Net Income Ratio 1.36% -3.33% 2.16% 1.20%

Capital Gain Distribution Analysis

CLIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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CLIX - Fund Manager Analysis

Managers

Michael Neches


Start Date

Tenure

Tenure Rank

Nov 14, 2017

4.55

4.6%

Michael Neches joined ProShare Advisors in 2000, and presently serves as a Senior Portfolio Manager. He previously served as the Senior Portfolio Manager responsible for the company’s commodities desk for two years, as a Portfolio Manager and team lead, as an Associate Portfolio Manager and as a Portfolio Analyst. Mr. Neches earned a Bachelor of Science in Finance from the University of Maryland, College Park and an MBA from Georgetown University.

Tarak Davé


Start Date

Tenure

Tenure Rank

Apr 30, 2018

4.09

4.1%

Tarak Dave ProFund Advisors LLC: Portfolio Manager since March 2018, Associate Portfolio Manager from November 2015 to March 2018, Senior Portfolio Analyst from May 2014 to October 2015 and Portfolio Analyst from April 2011 to April 2014.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 23.55 6.04 7.93