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

ETF | Ultrashort Bond |

Last Closing

USD 100.195

Change

+0.06 (+0.06)%

Market Cap

USD 0.14B

Volume

8.10K

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: 2025-01-10 )

Largest Industry Peers for Ultrashort Bond

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

N/A

USD 9.08B
GBIL Goldman Sachs Access Treasury ..

+0.03 (+0.03%)

USD 5.76B
FLRN SPDR® Bloomberg Investment Gr..

+0.02 (+0.06%)

USD 2.40B
VNLA Janus Henderson Short Duration..

-0.02 (-0.04%)

USD 2.36B
RAVI FlexShares Ready Access Variab..

-0.02 (-0.03%)

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

-0.01 (-0.02%)

USD 0.53B
BIL SPDR® Bloomberg 1-3 Month T-B..

+0.03 (+0.03%)

N/A
FLTR VanEck Investment Grade Floati..

+0.01 (+0.04%)

N/A
GSY Invesco Ultra Short Duration E..

N/A

N/A

ETFs Containing OPER

BTC Grayscale Bitcoin Mini Tr.. 3.12 % 0.00 %

+0.38 (+0.91%)

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

-0.36 (0.91%)

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 0.13% 90% A- 69% C-
Dividend Return N/A N/A N/A N/A N/A
Total Return 0.13% 90% A- 68% D+
Trailing 12 Months  
Capital Gain -0.11% 22% F 41% F
Dividend Return 4.36% 30% F 60% D-
Total Return 4.24% 20% F 41% F
Trailing 5 Years  
Capital Gain 0.06% 60% D- 50% F
Dividend Return 12.11% 30% F 39% F
Total Return 12.17% 40% F 42% F
Average Annual (5 Year Horizon)  
Capital Gain 0.05% 60% D- 31% F
Dividend Return 2.25% 60% D- 32% F
Total Return 2.20% 60% D- 52% F
Risk Return Profile  
Volatility (Standard Deviation) 2.12% 100% F 98% N/A
Risk Adjusted Return 105.97% 100% F 97% N/A
Market Capitalization 0.14B 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.