CLIX ProShares Long Online/Short Stores ETF

Seeks to track, before fees and expenses, the ProShares Long Online/Short Stores Index. The 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: Retailers in the 100% long portion of the index include U.S. and non-U.S. companies. To be eligible, retailers must: be classified as an online retailer, an e-commerce retailer, or an internet or direct marketing retailer, according to standard industry classification systems; have a market capitalization of at least $500 million; and have a six-month daily average value traded of at least $1 million and meet other requirements. When the index is rebalanced, it is weighted so that no company may exceed 24% of the value of the index, the sum of companies individually weighing more than 4.5% may not exceed 50% of the value of the index, and the total weight of all non-U.S. companies will be capped at 25% of the value of the index. The long portion of the index is rebalanced monthly and reconstituted annually. Retailers in the 50% short portion of the index must be characterized as receiving at least 50% of its revenue from retail operations; receive 75% or more of its retail revenues from in-store sales; and be a U.S. company. In addition, a retailer must have a market capitalization of at least $500 million, a six-month daily average value traded of at least $1 million, and meet other requirements. The short portion of the index is rebalanced monthly and reconstituted annually.

$70.24  +0.63 (0.91%)
As of 09/22/2021 16:00:00 EST     IEX book   CBOE book


ETF Information
Sponsor:     ProShares
Category1:  US Equity
Category2:  Single industry
Category3:  Retail
Morningstar category:  Long-Short Equity
Leverage factor:  1.00
Inception date:  11/16/2017
Index tracking method: Passive replication
Current yield:  1.71%
Historical average yield:  0.52%
Market cap:  $75,733,641
Average volume:  5,798
Fees:     0.6500%

Index Information
ProShares Long Online/Short Stores Index
Index symbol:  CLIXIndex
Provider:   ProShares
Index weighting:   Other
Index inception date:  01/01/1900
Backtesting data exists:   No
Strategy:  Equal weighting

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