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ClearShares Ultra-Short Maturity ETF (OPER)

Ultrashort Bond | Exchange Traded Fund | NYSEArca
100.15 USD -0.02 (-0.020%) ⇩ (Oct. 14, 2026, 10:52 a.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take ↕ | Oct. 10, 2026, 3:47 a.m. EDT

This ultra-short duration ETF offers a compelling income floor but lacks the capital appreciation potential required for a top-tier investment. The dividend yield of 3.78% is robust, supported by a consistent monthly payout history where distributions have stabilized around $0.30 to $0.45 per share in recent months, indicating reliable cash flow generation rather than a distressed payout. However, the price trajectory tells a different story for growth seekers; the asset has experienced two consecutive years of negative annual returns, contributing to a modest cumulative decline of roughly 0.23% over the last seven years. While the price has remained remarkably stable within a tight range near $100, reflecting its low-duration nature, the lack of upward momentum and the recent downward drift suggest it is functioning primarily as a bond proxy rather than a wealth-building vehicle. For investors seeking steady income with minimal volatility, the yield is attractive, but those looking for capital gains or significant outperformance against inflation will find the long-term outlook neutral.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.000863
AutoTheta0.001115
MSTL0.001204
AutoETS0.001208

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 92%
H-stat 0.82
Ljung-Box p 0.000
Jarque-Bera p 0.463
Excess Kurtosis -0.90

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.35% 3.78% 4.38% 3.71%
Dividend History
Date Dividend Yield %
2026-09-29 0.350 0.349738
2026-08-28 0.280 0.279888
2026-07-30 0.350 0.349913
2026-06-29 0.250 0.249825
2026-05-28 0.320 0.319920
2026-04-29 0.330 0.329664
2026-03-30 0.300 0.299805
2026-02-26 0.270 0.269892
2026-01-29 0.279 0.278958
2025-12-30 0.322 0.321952
2025-11-26 0.350 0.350088
2025-10-30 0.380 0.379981
2025-09-29 0.450 0.449865
2025-08-28 0.380 0.379620
2025-07-30 0.400 0.399481
2025-06-27 0.310 0.309533
2025-05-29 0.330 0.329654
2025-04-29 0.380 0.379715
2025-03-28 0.360 0.359676
2025-02-27 0.340 0.339728
2025-01-30 0.320 0.319712
2024-12-30 0.464 0.463884
2024-11-27 0.380 0.379639
2024-10-30 0.450 0.449573
2024-09-27 0.450 0.449461
2024-08-29 0.450 0.449375
2024-07-30 0.450 0.449281
2024-06-27 0.370 0.369568
2024-05-30 0.500 0.499501
2024-04-26 0.450 0.449595
2024-03-26 0.400 0.399640
2024-02-27 0.470 0.469718
2024-01-29 0.380 0.379545
2023-11-28 0.460 0.459426
2023-10-27 0.440 0.439407
2023-09-27 0.540 0.539353
2023-08-29 0.470 0.468903
2023-07-27 0.420 0.418890
2023-06-28 0.350 0.349162
2023-05-26 0.400 0.399560
2023-04-26 0.380 0.379465
2023-03-29 0.390 0.389435
2023-02-24 0.350 0.349563
2023-01-27 0.290 0.289638
2022-12-28 0.423 0.422725
2022-11-28 0.300 0.299551
2022-10-27 0.260 0.259662
2022-09-28 0.210 0.209665
2022-08-29 0.180 0.179748
2022-07-27 0.120 0.119862
2022-06-28 0.070 0.069920
2022-05-26 0.060 0.059949
2022-04-27 0.040 0.039964
2022-03-29 0.020 0.019983
2022-02-24 0.016 0.015971
2022-01-27 0.015 0.014982
2021-12-15 0.057 0.056972
2021-11-26 0.030 0.029970
2021-10-27 0.025 0.024974
2021-09-28 0.030 0.029967
2021-08-27 0.030 0.029970
2021-07-28 0.030 0.029972
2021-06-28 0.020 0.019981
2021-04-28 0.020 0.019981
2021-03-29 0.030 0.029981
2021-02-24 0.030 0.029981
2021-01-27 0.030 0.029981
2020-12-30 0.053 0.052963
2020-11-25 0.030 0.029975
2020-10-28 0.040 0.039966
2020-09-28 0.060 0.059949
2020-08-27 0.040 0.039960
2020-07-29 0.040 0.039952
2020-06-26 0.030 0.029970
2020-05-27 0.040 0.039966
2020-04-28 0.040 0.039962
2020-03-27 0.040 0.039964
2020-02-26 0.120 0.119922
2020-01-29 0.110 0.109918
2019-12-27 0.095 0.094953
2019-11-26 0.130 0.129961
2019-10-29 0.170 0.169949
2019-09-26 0.180 0.179946
2019-08-28 0.190 0.189934
2019-07-29 0.200 0.199900
2019-06-26 0.620 0.619814
2019-03-27 0.500 0.499700
2018-12-28 0.888 0.880297
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 3.78

Info Dump

Attribute Value
All Time High 103.07
All Time Low 97.59
Ask 100.18
Ask Size 200
Average Daily Volume10 Day 4,460
Average Daily Volume3 Month 6,884
Average Volume 6,884
Average Volume10Days 4,460
Beta3 Year 0.0
Bid 100.15
Bid Size 200
Category Ultrashort Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 100.16
Day Low 100.15
Display Name ClearShares Ultra-Short ETF
Dividend Yield 3.78
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 100.1822
Fifty Day Average Change -0.032196045
Fifty Day Average Change Percent -0.00032137492
Fifty Two Week Change Percent -0.06985068
Fifty Two Week High 100.44
Fifty Two Week High Change -0.29000092
Fifty Two Week High Change Percent -0.0028873049
Fifty Two Week Low 99.88
Fifty Two Week Low Change 0.27000427
Fifty Two Week Low Change Percent 0.0027032867
Fifty Two Week Range 99.88 - 100.44
First Trade Date Milliseconds 1,531,315,800,000
Five Year Average Return 0.038935497
Full Exchange Name NYSEArca
Fullday Change 0.02999878
Fullday Change Percent 0.02995684
Fullday Price 100.15
Fund Family ClearShares
Fund Inception Date 1,531,180,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name ClearShares Ultra-Short Maturity ETF
Market us_market
Market State REGULAR
Max Age 86,400
Message Board Id finmb_566618583
Nav Price 100.189
Net Assets 117,584,952.0
Net Expense Ratio 0.2
Open 100.165
Phone (414) 765-5586
Previous Close 100.17
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.019996643
Regular Market Change Percent -0.019962708
Regular Market Day High 100.16
Regular Market Day Low 100.15
Regular Market Day Range 100.15 - 100.16
Regular Market Open 100.165
Regular Market Previous Close 100.17
Regular Market Price 100.15
Regular Market Time 1,791,989,525
Regular Market Volume 1,064
Short Name ETF ClearShares Ultra-Short Mat
Source Interval 15
Symbol OPER
Three Year Average Return 0.0457842
Total Assets 117,584,952
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.9548
Trailing Three Month Returns 0.9548
Triggerable 1
Two Hundred Day Average 100.18246
Two Hundred Day Average Change -0.032455444
Two Hundred Day Average Change Percent -0.00032396335
Type Disp ETF
Volume 1,064
Yield 0.0378
Ytd Return 2.82353