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CLIX vs FMDE

ProShares Long Online/Short Stores ETF vs Fidelity Enhanced Mid Cap Core ETF

CLIX

ProShares Long Online/Short Stores ETF

Annual cost

0.65%

Fund size

$7M

FMDE

Fidelity Enhanced Mid Cap Core ETF

Annual cost

0.23%

Fund size

$7.0B

Key differences

Both CLIX and FMDE are equity ETFs. CLIX charges 0.65% a year and FMDE 0.23%. The main difference: CLIX follows a inverse strategy; FMDE uses index enhanced.

  • CLIX follows a inverse strategy; FMDE uses index enhanced.
  • CLIX covers global markets; FMDE covers North America.
  • FMDE costs 0.42% less per year.
  • FMDE is much larger than CLIX. Larger funds are usually more liquid and less likely to close.
  • FMDE has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CLIXFMDE
Annual cost (TER)0.65%0.23%
Fund size (AUM)$7M$7.0B
Since20172007
Dividend yield0.55%1.11%
Asset classequityequity
Regionglobalnorth america
Strategyinverseindex enhanced
CAGR 1Y+5.5%+20.8%
CAGR 3Y+17.4%N/A
CAGR 5Y-7.3%N/A
Sharpe 3Y0.70N/A
Volatility 1Y21.10%14.02%
Max drawdown-73.21%-21.10%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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