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

ETF | Ultrashort Bond |

Last Closing

USD 100.345

Change

+0.03 (+0.02)%

Market Cap

USD 0.13B

Volume

2.25K

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: 2024-11-18 )

Largest Industry Peers for Ultrashort Bond

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

+0.01 (+0.02%)

USD 8.60B
GBIL Goldman Sachs Access Treasury ..

+0.02 (+0.02%)

USD 5.67B
FLRN SPDR® Bloomberg Investment Gr..

+0.03 (+0.10%)

USD 2.28B
VNLA Janus Henderson Short Duration..

+0.01 (+0.02%)

USD 2.26B
RAVI FlexShares Ready Access Variab..

+0.03 (+0.03%)

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

+0.01 (+0.02%)

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..

-0.21 (-0.42%)

N/A

ETFs Containing OPER

BTC Grayscale Bitcoin Mini Tr.. 3.12 % 0.00 %

+0.01 (+0.12%)

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

+0.08 (+0.12%)

USD 0.10B
OCIO ClearShares OCIO ETF 0.00 % 0.54 %

+0.09 (+0.12%)

USD 0.14B

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 0.28% 30% F 31% F
Dividend Return 4.37% 50% F 65% D
Total Return 4.65% 40% F 33% F
Trailing 12 Months  
Capital Gain -0.17% 10% F 20% F
Dividend Return 5.35% 60% D- 64% D
Total Return 5.17% 30% F 23% F
Trailing 5 Years  
Capital Gain 0.22% 80% B- 44% F
Dividend Return 12.33% 30% F 38% F
Total Return 12.55% 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.