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

ETF | Ultrashort Bond |

Last Closing

USD 100.5

Change

+0.05 (+0.05)%

Market Cap

USD 0.16B

Volume

0.09M

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: 2024-04-19 )

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 32.61B
PULS PGIM Ultra Short Bond

+0.01 (+0.02%)

USD 6.60B
GBIL Goldman Sachs Access Treasury ..

+0.05 (+0.05%)

USD 5.59B
FLRN SPDR® Bloomberg Investment Gr..

+0.03 (+0.10%)

USD 2.35B
VNLA Janus Henderson Short Duration..

+0.06 (+0.12%)

USD 2.27B
GSY Invesco Ultra Short Duration E..

+0.04 (+0.08%)

USD 1.93B
FLTR VanEck Investment Grade Floati..

+0.02 (+0.08%)

USD 1.50B
RAVI FlexShares Ready Access Variab..

+0.01 (+0.02%)

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

+0.03 (+0.07%)

USD 0.58B

ETFs Containing OPER

OCIO ClearShares OCIO ETF 4.50 % 0.54 %

+0.21 (+0%)

USD 0.13B
BTC 3.12 % 0.00 %

N/A

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

+0.29 (+0%)

USD 0.09B

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 0.43% 70% C- 54% F
Dividend Return 1.25% 30% F 58% F
Total Return 1.68% 60% D- 55% F
Trailing 12 Months  
Capital Gain 0.06% 30% F 41% F
Dividend Return 5.23% 60% D- 70% C-
Total Return 5.29% 60% D- 45% F
Trailing 5 Years  
Capital Gain 0.29% 80% B- 48% F
Dividend Return 9.24% 50% F 35% F
Total Return 9.53% 70% C- 41% F
Average Annual (5 Year Horizon)  
Capital Gain 0.04% 70% C- 40% F
Dividend Return 1.55% 50% F 35% F
Total Return 1.51% 40% F 36% F
Risk Return Profile  
Volatility (Standard Deviation) 1.80% 90% A- 99% N/A
Risk Adjusted Return 86.47% 90% A- 97% 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.