ClearShares Ultra-Short Maturity ETF (OPER)
OPER is an actively managed ETF by ClearShares LLC. OPER launched on Jul 11, 2018 and has a 0.20% expense ratio.
ETF Info
| ISIN | US26922A4537 |
|---|---|
| CUSIP | 26922A453 |
| Issuer | ClearShares LLC |
| Inception Date | Jul 11, 2018 |
| Category | Total Bond Market, Actively Managed |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
OPER has an expense ratio of 0.20%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: OPER vs. FLTR, OPER vs. IGHG, OPER vs. SGOV, OPER vs. JEPI, OPER vs. HDV, OPER vs. ICSH, OPER vs. MINT, OPER vs. BCD, OPER vs. QQQ, OPER vs. FTSM
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ClearShares Ultra-Short Maturity ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
ClearShares Ultra-Short Maturity ETF had a return of 4.67% year-to-date (YTD) and 5.38% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.67% | 25.45% |
| 1 month | 0.39% | 2.91% |
| 6 months | 2.60% | 14.05% |
| 1 year | 5.38% | 35.64% |
| 5 years (annualized) | 2.54% | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of OPER, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.47% | 0.45% | 0.41% | 0.47% | 0.46% | 0.39% | 0.46% | 0.51% | 0.38% | 0.42% | 4.67% | ||
| 2023 | 0.34% | 0.35% | 0.34% | 0.41% | 0.46% | 0.43% | 0.41% | 0.48% | 0.43% | 0.45% | 0.41% | 0.44% | 5.09% |
| 2022 | 0.04% | -0.04% | 0.07% | 0.04% | 0.05% | 0.10% | 0.12% | 0.21% | 0.21% | 0.26% | 0.33% | 0.35% | 1.76% |
| 2021 | 0.02% | 0.03% | 0.03% | 0.05% | 0.02% | 0.03% | 0.03% | 0.05% | 0.03% | 0.01% | 0.02% | 0.04% | 0.37% |
| 2020 | 0.12% | 0.12% | 0.05% | 0.03% | 0.04% | 0.04% | 0.02% | 0.04% | 0.05% | 0.05% | 0.03% | 0.03% | 0.65% |
| 2019 | -0.65% | 0.17% | 0.18% | 0.21% | 0.20% | 0.18% | 0.22% | 0.17% | 0.19% | 0.15% | 0.12% | 0.14% | 1.29% |
| 2018 | 0.10% | 0.13% | 0.14% | 0.16% | 0.17% | 1.05% | 1.76% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of OPER is 100, placing it in the top 0% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ClearShares Ultra-Short Maturity ETF (OPER) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
ClearShares Ultra-Short Maturity ETF provided a 5.36% dividend yield over the last twelve months, with an annual payout of $5.37 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $5.37 | $5.03 | $1.71 | $0.36 | $0.64 | $2.09 | $0.89 |
Dividend yield | 5.36% | 5.03% | 1.71% | 0.36% | 0.64% | 2.08% | 0.88% |
Monthly Dividends
The table displays the monthly dividend distributions for ClearShares Ultra-Short Maturity ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.38 | $0.47 | $0.40 | $0.45 | $0.50 | $0.37 | $0.45 | $0.45 | $0.45 | $0.45 | $0.00 | $4.37 | |
| 2023 | $0.29 | $0.35 | $0.39 | $0.38 | $0.40 | $0.35 | $0.42 | $0.47 | $0.54 | $0.44 | $0.46 | $0.54 | $5.03 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.04 | $0.06 | $0.07 | $0.12 | $0.18 | $0.21 | $0.26 | $0.30 | $0.42 | $1.71 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.06 | $0.36 |
| 2020 | $0.11 | $0.12 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.06 | $0.04 | $0.03 | $0.05 | $0.64 |
| 2019 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.62 | $0.20 | $0.19 | $0.18 | $0.17 | $0.13 | $0.10 | $2.09 |
| 2018 | $0.89 | $0.89 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the ClearShares Ultra-Short Maturity ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ClearShares Ultra-Short Maturity ETF was 2.33%, occurring on Nov 19, 2018. Recovery took 278 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.33% | Nov 19, 2018 | 1 | Nov 19, 2018 | 278 | Dec 30, 2019 | 279 |
| -0.13% | Feb 25, 2022 | 2 | Feb 28, 2022 | 52 | May 12, 2022 | 54 |
| -0.11% | Apr 1, 2024 | 1 | Apr 1, 2024 | 1 | Apr 2, 2024 | 2 |
| -0.11% | Mar 18, 2020 | 2 | Mar 19, 2020 | 46 | May 26, 2020 | 48 |
| -0.07% | Mar 14, 2023 | 1 | Mar 14, 2023 | 4 | Mar 20, 2023 | 5 |
Volatility
Volatility Chart
The current ClearShares Ultra-Short Maturity ETF volatility is 0.08%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.