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FPX vs CLIX

First Trust US Equity Opportunities ETF vs ProShares Long Online/Short Stores ETF

FPX

First Trust US Equity Opportunities ETF

Annual cost

0.57%

Fund size

$1.5B

CLIX

ProShares Long Online/Short Stores ETF

Annual cost

0.65%

Fund size

$7M

Key differences

Both FPX and CLIX are equity ETFs. FPX charges 0.57% a year and CLIX 0.65%. The main difference: FPX follows a index tracking strategy; CLIX uses inverse.

  • FPX follows a index tracking strategy; CLIX uses inverse.
  • FPX costs 0.08% less per year.
  • FPX is much larger than CLIX. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FPX has delivered higher annualized returns.
  • FPX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FPXCLIX
Annual cost (TER)0.57%0.65%
Fund size (AUM)$1.5B$7M
Since20062017
Dividend yield0.48%0.55%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackinginverse
CAGR 1Y+34.8%+7.5%
CAGR 3Y+31.5%+18.3%
CAGR 5Y+9.3%-6.8%
Sharpe 3Y1.040.74
Volatility 1Y23.46%21.01%
Max drawdown-43.14%-73.21%

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

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