ETF of the Week: ProShares Long Online/Short Stores ETF (CLIX)
ETF of the Week - A podcast by VettaFi - Thursdays
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ETF Trends CEO Tom Lydon discussed the ProShares Long Online/Short Stores ETF (CLIX) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.
CLIX seeks investment results, before fees and expenses, that correspond to the performance of the ProShares Long Online/Short Stores Index.
The ProShares Long Online/Short Stores Index combines two specialized retail indexes into one. It is 100% long the ProShares Online Retail Index, which tracks retailers that primarily sell online or through other non-store channels, and 50% short the Solactive-ProShares Bricks and Mortar Retail Store Index that brings together traditional in-store retailers. The positions are rebalanced monthly.
