CLIX

📎 Investment Objective

The ProShares Long Online/Short Stores ETF (CLIX) seeks to provide investment results that correspond to the performance of an index that provides short exposure to traditional retail companies and long exposure to online retail companies.

✨ Key Features

• Provides exposure to the shift in consumer spending from traditional retail to online retail
• Utilizes a long/short strategy to potentially benefit from this trend
• Tracks the ProShares Long Online/Short Stores Index
• Relatively low expense ratio of 0.00%

⚠️ Primary Risks

• Exposure to short selling, which can result in unlimited losses
• Concentration risk as the fund is focused on the online and traditional retail sectors
• Potential for high volatility due to the leveraged nature of the strategy
• Lack of long-term performance history to evaluate the fund's effectiveness

👤 Best For

This ETF may be suitable for investors who have a long-term investment horizon, a high risk tolerance, and believe in the continued growth of online retail at the expense of traditional retail. However, the fund's short-selling strategy and lack of performance history make it a high-risk investment, and it may not be appropriate for all investors.