OPER vs. YFYA

Last updated Jun 4, 2026

OPER (ClearShares Ultra-Short Maturity ETF) and YFYA (Yields for You Income Strategy A ETF) are both Ultrashort Bond funds. OPER is passively managed, while YFYA is actively managed. Over the past year, OPER returned 4.07% vs 5.38% for YFYA. At a correlation of -0.00, they often move in opposite directions. OPER charges 0.20%/yr vs 1.16%/yr for YFYA.

Performance

OPER vs. YFYA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearShares Ultra-Short Maturity ETF (OPER) and Yields for You Income Strategy A ETF (YFYA). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OPER achieves a 1.55% return, which is significantly lower than YFYA's 2.34% return.

OPER

• 1D: 0.01%
• 1M: 0.34%
• YTD: 1.55%
• 6M: 1.88%
• 1Y: 4.07%
• 3Y*: 4.80%
• 5Y*: 3.65%
• 10Y*: —

YFYA

• 1D: 0.41%
• 1M: 1.07%
• YTD: 2.34%
• 6M: 2.59%
• 1Y: 5.38%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

OPER vs. YFYA - Yearly Performance Comparison

	2026 (YTD)	2025
OPER ClearShares Ultra-Short Maturity ETF	1.55%	3.99%
YFYA Yields for You Income Strategy A ETF	2.34%	2.88%

Correlation

The correlation between OPER and YFYA is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.01
Correlation (All Time) Calculated using the full available price history since Feb 3, 2025	-0.00

Return for Risk

OPER vs. YFYA — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OPER

OPER Risk / Return Rank: 100
OPER Sharpe Ratio Rank: 100
OPER Sortino Ratio Rank: 100
OPER Omega Ratio Rank: 100
OPER Calmar Ratio Rank: 100
OPER Martin Ratio Rank: 100

YFYA

YFYA Risk / Return Rank: 61
YFYA Sharpe Ratio Rank: 44
YFYA Sortino Ratio Rank: 45
YFYA Omega Ratio Rank: 67
YFYA Calmar Ratio Rank: 68
YFYA Martin Ratio Rank: 79

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OPER vs. YFYA - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearShares Ultra-Short Maturity ETF (OPER) and Yields for You Income Strategy A ETF (YFYA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	OPER	YFYA	Difference
Sharpe ratio: Return per unit of total volatility	15.45	1.50	+13.95
Sortino ratio: Return per unit of downside risk	43.90	2.21	+41.69
Omega ratio: Gain probability vs. loss probability	13.38	1.40	+11.98
Calmar ratio: Return relative to maximum drawdown	61.29	3.35	+57.93
Martin ratio: Return relative to average drawdown	519.55	15.29	+504.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

OPER vs. YFYA - Sharpe Ratio Comparison

The current OPER Sharpe Ratio is 15.45, which is higher than the YFYA Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of OPER and YFYA, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	OPER	YFYA	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	15.45	1.50	+13.95
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	11.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.28	1.10	+1.18

Drawdowns

OPER vs. YFYA - Drawdown Comparison

The maximum OPER drawdown since its inception was -2.33%, roughly equal to the maximum YFYA drawdown of -2.29%. Use the drawdown chart below to compare losses from any high point for OPER and YFYA.

Drawdown Indicators

	OPER	YFYA	Difference
Max Drawdown Largest peak-to-trough decline	-2.33%	-2.29%	-0.04%
Max Drawdown (1Y) Largest decline over 1 year	-0.07%	-1.61%	+1.54%
Max Drawdown (3Y) Largest decline over 3 years	-0.11%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-0.13%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.16%	-0.33%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.01%	0.35%	-0.34%

Volatility

OPER vs. YFYA - Volatility Comparison

The current volatility for ClearShares Ultra-Short Maturity ETF (OPER) is 0.10%, while Yields for You Income Strategy A ETF (YFYA) has a volatility of 1.14%. This indicates that OPER experiences smaller price fluctuations and is considered to be less risky than YFYA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OPER	YFYA	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.10%	1.14%	-1.04%
Volatility (6M) Calculated over the trailing 6-month period	0.20%	3.35%	-3.15%
Volatility (1Y) Calculated over the trailing 1-year period	0.26%	3.59%	-3.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.32%	3.59%	-3.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.23%	3.59%	-2.36%

OPER vs. YFYA - Expense Ratio Comparison

OPER has a 0.20% expense ratio, which is lower than YFYA's 1.16% expense ratio.

Dividends

OPER vs. YFYA - Dividend Comparison

OPER's dividend yield for the trailing twelve months is around 4.09%, less than YFYA's 5.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
OPER ClearShares Ultra-Short Maturity ETF	4.09%	4.32%	5.21%	5.03%	1.71%	0.36%	0.64%	2.08%	0.89%
YFYA Yields for You Income Strategy A ETF	5.14%	3.67%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both OPER and YFYA in my portfolio?

OPER and YFYA have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OPER or YFYA?

YFYA has higher volatility (1.14%) compared to OPER (0.10%). In terms of maximum drawdown, OPER dropped -2.33% vs YFYA's -2.29%.

Which ETF is better, OPER or YFYA?

On 1-year performance, YFYA leads with 5.38% vs 4.07% for OPER. On fees, OPER is cheaper at 0.20% per year. On volatility, OPER has been the lower-risk option at 0.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, OPER or YFYA?

Over the 1-year period, YFYA has performed better with a 5.38% return vs 4.07%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, OPER or YFYA?

OPER is cheaper with a 0.20% expense ratio, compared with 1.16% for YFYA.

Which ETF pays a higher dividend yield, OPER or YFYA?

YFYA has the higher dividend yield at 5.14%, compared with 4.09% for OPER.

What is the main difference between OPER and YFYA?

They also come from different issuers: ClearShares and Teucrium. Their fees differ too: 0.20% for OPER and 1.16% for YFYA.

Which has better risk-adjusted returns?

OPER currently has the higher Sharpe Ratio (15.45 vs 1.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.