OPER:NYE-ClearShares Ultra-Short Maturity ETF (USD)

ETF | Ultrashort Bond |

Last Closing

USD 100.451

Change

+0.01 (+0.01)%

Market Cap

USD 0.16B

Volume

4.98K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

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Relative Returns (From:    To: 2024-05-21 )

Largest Industry Peers for Ultrashort Bond

Symbol Name Price(Change) Market Cap
BIL SPDR® Bloomberg 1-3 Month T-B..

+0.05 (+0.05%)

USD 32.42B
PULS PGIM Ultra Short Bond

+0.02 (+0.04%)

USD 6.86B
GBIL Goldman Sachs Access Treasury ..

+0.04 (+0.04%)

USD 5.27B
FLRN SPDR® Bloomberg Investment Gr..

+0.01 (+0.03%)

USD 2.48B
VNLA Janus Henderson Short Duration..

+0.02 (+0.03%)

USD 2.25B
GSY Invesco Ultra Short Duration E..

+0.01 (+0.02%)

USD 2.11B
FLTR VanEck Investment Grade Floati..

N/A

USD 1.61B
RAVI FlexShares Ready Access Variab..

N/A

USD 1.14B
ULST SPDR® SSgA Ultra Short Term B..

+0.01 (+0.02%)

USD 0.58B

ETFs Containing OPER

OCIO ClearShares OCIO ETF 4.31 % 0.54 %

-0.05 (0%)

USD 0.14B
BTC 3.12 % 0.00 %

N/A

N/A
PIFI ClearShares Piton Interme.. 3.10 % 0.00 %

N/A

USD 0.10B

Market Performance

  Market Performance vs. Industry/Classification (Ultrashort Bond) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 0.39% 60% D- 36% F
Dividend Return 1.70% 40% F 63% D
Total Return 2.08% 50% F 37% F
Trailing 12 Months  
Capital Gain -0.04% 10% F 26% F
Dividend Return 5.30% 70% C- 70% C-
Total Return 5.25% 60% D- 31% F
Trailing 5 Years  
Capital Gain 0.02% 60% D- 42% F
Dividend Return 9.66% 50% F 35% F
Total Return 9.68% 70% C- 36% F
Average Annual (5 Year Horizon)  
Capital Gain 0.05% 60% D- 39% F
Dividend Return 1.65% 50% F 34% F
Total Return 1.60% 40% F 38% F
Risk Return Profile  
Volatility (Standard Deviation) 1.86% 90% A- 99% N/A
Risk Adjusted Return 88.40% 90% A- 96% N/A
Market Capitalization 0.16B 10% F 30% F

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.