 The
ProShares Long Online/Short Stores ETF, with the ticker symbol CLIX,
is an exchange-traded fund that seeks to provide investment results
that correspond to the performance of the ProShares Long Online/Short
Stores Index. The ETF invests in a mix of long and short positions in
the retail industry, with an emphasis on online and e-commerce
companies. The ProShares Long Online/Short Stores ETF was launched in
2017 by ProShares. The ETF seeks to provide investment results that
correspond to the performance of the ProShares Long Online/Short
Stores Index, which is designed to measure the performance of a mix of
long and short positions in the retail industry. The ETF provides
investors with exposure to companies in the retail sector, with an
emphasis on online and e-commerce companies.
The ProShares Long
Online/Short Stores ETF invests in a mix of long and short positions
in the retail industry. The ETF seeks to provide investment results
that correspond to the performance of the ProShares Long Online/Short
Stores Index, which includes long positions in online and e-commerce
companies and short positions in traditional brick-and-mortar retail
companies. The ETF provides investors with a way to gain exposure to
the retail industry, with an emphasis on companies that are
well-positioned to benefit from the growth of online and e-commerce
sales. The ETF's long positions include companies that generate
significant revenues from online sales, while its short positions
include companies that rely heavily on physical stores for their
sales.
The ProShares Long Online/Short Stores ETF has performed
well since its inception. As of March 18, 2023, the ETF had a
year-to-date return of approximately 10.7% and a three-year average
annual return of approximately 15.9%. However, investors should be
aware that past performance is not indicative of future results.
Investing in the ProShares Long Online/Short Stores ETF involves
risks, including the risk that the ETF's performance may be affected
by changes in the retail industry, technological advancements, and
other factors that may impact the companies in which the ETF invests.
In addition, the ETF's performance may be affected by changes in
market conditions, as well as fluctuations in the prices of individual
securities held by the ETF.
In conclusion, the ProShares Long
Online/Short Stores ETF provides investors with exposure to the retail
industry, with an emphasis on online and e-commerce companies. The
ETF's investment strategy seeks to provide a mix of long and short
positions in the retail sector, with the goal of providing investment
results that correspond to the performance of the ProShares Long
Online/Short Stores Index. However, investors should carefully
consider the risks and potential benefits of investing in the
ProShares Long Online/Short Stores ETF before making any investment
decisions.
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