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

ETF | Ultrashort Bond |

Last Closing

USD 100.0951

Change

-0.44 (-0.44)%

Market Cap

USD 0.12B

Volume

1.78K

Analyst Target

N/A
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

The fund is an actively-managed exchange-traded fund (ETF) that seeks to achieve its investment objective primarily by investing in repurchase agreements collateralized by U.S. government securities. It is not a money market fund and does not seek to maintain a stable net asset value (NAV) of $1.00 per share.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-10-30 )

Largest Industry Peers for Ultrashort Bond

Symbol Name Price(Change) Market Cap
PULS PGIM Ultra Short Bond

-0.01 (-0.02%)

USD 8.46B
GBIL Goldman Sachs Access Treasury ..

+0.01 (+0.01%)

USD 5.73B
FLRN SPDR® Bloomberg Investment Gr..

-0.01 (-0.03%)

USD 2.27B
VNLA Janus Henderson Short Duration..

-0.04 (-0.08%)

USD 2.24B
RAVI FlexShares Ready Access Variab..

-0.01 (-0.01%)

USD 1.15B
ULST SPDR® SSgA Ultra Short Term B..

-0.02 (-0.05%)

USD 0.54B
BIL SPDR® Bloomberg 1-3 Month T-B..

+0.01 (+0.01%)

N/A
FLTR VanEck Investment Grade Floati..

+0.01 (+0.04%)

N/A
GSY Invesco Ultra Short Duration E..

-0.01 (-0.02%)

N/A

ETFs Containing OPER

OCIO ClearShares OCIO ETF 4.09 % 0.54 %

-0.15 (-1.09%)

USD 0.15B
BTC Grayscale Bitcoin Mini Tr.. 3.12 % 0.00 %

-0.07 (-1.09%)

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

-0.11 (-1.09%)

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 0.03% 10% F 33% F
Dividend Return -8.94% 100% F 80% B-
Total Return -8.91% 20% F 31% F
Trailing 12 Months  
Capital Gain -0.11% 10% F 22% F
Dividend Return -7.92% 100% F 83% B
Total Return -8.04% 20% F 26% F
Trailing 5 Years  
Capital Gain 0.05% 60% D- 51% F
Dividend Return -1.56% 100% F 91% A-
Total Return -1.51% 20% F 52% F
Average Annual (5 Year Horizon)  
Capital Gain 0.05% 60% D- 33% F
Dividend Return 2.09% 50% F 34% F
Total Return 2.04% 60% D- 46% F
Risk Return Profile  
Volatility (Standard Deviation) 2.07% 90% A- 98% N/A
Risk Adjusted Return 101.00% 90% A- 97% N/A
Market Capitalization 0.12B 14% 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.

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.