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

ETF | Ultrashort Bond |

Last Closing

USD 100.32

Change

0.00 (0.00)%

Market Cap

USD 0.13B

Volume

9.40K

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: 2024-11-16 )

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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 0.25% 10% F 31% F
Dividend Return 4.37% 50% F 66% D+
Total Return 4.62% 40% F 34% F
Trailing 12 Months  
Capital Gain -0.12% 10% F 20% F
Dividend Return 5.35% 50% F 65% D
Total Return 5.23% 30% F 23% F
Trailing 5 Years  
Capital Gain 0.20% 78% C+ 44% F
Dividend Return 12.33% 30% F 38% F
Total Return 12.54% 30% F 35% F
Average Annual (5 Year Horizon)  
Capital Gain 0.05% 60% D- 32% F
Dividend Return 2.10% 60% D- 33% F
Total Return 2.04% 60% D- 49% F
Risk Return Profile  
Volatility (Standard Deviation) 2.09% 100% F 98% N/A
Risk Adjusted Return 100.05% 100% F 97% N/A
Market Capitalization 0.13B 14% F 31% 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:
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.