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 |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
OPER has a high expense ratio of 0.20%, indicating higher-than-average management fees.
Share Price Chart
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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 1.82% year-to-date (YTD) and 5.45% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 1.82% | 5.21% |
| 1 month | 0.60% | -4.30% |
| 6 months | 2.70% | 18.42% |
| 1 year | 5.45% | 21.82% |
| 5 years (annualized) | 2.21% | 11.27% |
| 10 years (annualized) | N/A | 10.33% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.47% | 0.45% | 0.41% | 0.47% | ||||||||
| 2023 | 0.45% | 0.41% | 0.44% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of OPER is 100, placing it in the top 0% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
ClearShares Ultra-Short Maturity ETF(OPER)
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 granted a 5.31% dividend yield in the last twelve months. The annual payout for that period amounted to $5.32 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $5.32 | $5.03 | $1.71 | $0.36 | $0.64 | $2.08 | $0.89 |
Dividend yield | 5.31% | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.38 | $0.47 | $0.40 | $0.45 | ||||||||
| 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 |
| 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 |
| 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 |
| 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 |
| 2019 | $0.00 | $0.00 | $0.50 | $0.00 | $0.00 | $0.62 | $0.20 | $0.19 | $0.18 | $0.17 | $0.13 | $0.09 |
| 2018 | $0.89 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 0.09%, 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.