Español 
Deutsch 
Français 
MSCI World Index (MSC)
NASDAQ Composite (NASDAQ)
FTSE China A50 Index (FGI)
STOXX Europe 600 (SIX)
Nikkei 300 (OSA)
NIFTY 50 (NSE)
DAX Performance Index (XETRA)
FTSE 100 (FGI)
CAC 40 (EURONEXT)
ClearShares Ultra-Short Maturity ETF (OPER)
USD100.21
+0.01 (+0.01%)
AMEX USD US Fixed Income
NAV
USD 100.22
-0.01% vs NAV
as of 2026-07-13
AUM
USD 112.75M
TER
0.20%
Yield (TTM)
4.02%
Distribution
Distributing · Monthly
52-week range
99.98 – 100.52
Holdings
6
Issuer
ClearShares
About this ETF
The ClearShares OPER ETF (the Fund) is an actively managed portfolio seeking current income by investing in repurchase “repo” agreements, collateralized by U.S. Government Securities and other fixed income instruments.
ISIN
US26922A4537
Issuer
ClearShares
Domicile
US
Inception
2018-07-09
Asset class
Fixed Income
Website
clear-shares.com/oper
Price
Top 10 holdings
| OPER REPO 07/16/26 3.85% 07/16/2026 OPER071626-1 | 44.35% |
| OPER REPO 07/16/26 3.85% 07/16/2026 OPER071626 | 44.35% |
| OPER REPO 07/13/26 3.58% 07/13/2026 OPER071326-1 | 6.83% |
| OPER REPO 07/13/26 3.58% 07/13/2026 OPER071326 | 4.43% |
| Cash & Other | 0.03% |
| First American Government Obligations Fund 12/01/2 FGXXX | 0.01% |
Sector mix
Price chart
USD100.21
+0.01 (+0.01%)
Loading historical data…
Returns
| 1 month | +0.11% |
| 3 months | -0.02% |
| 6 months | +0.11% |
| Year to date | +0.18% |
| 1 year | -0.08% |
| 3 years (ann.) | -0.06% |
| 5 years (ann.) | +0.02% |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 1.17% |
| Sharpe (1y) | -0.06 |
| Sharpe (3y) | -0.03 |
| Sortino (1y) | -0.03 |
| Max drawdown (1y) | -0.54% |
| Max drawdown (5y) | -0.71% |
| Max drawdown (full) | -3.00% |
| Beta vs S&P 500 (1y) | 0.00 |
| Correlation vs S&P 500 (1y) | 0.00 |
Technical outlook as of 2026-07-13
Day Score (bias 0-100, not a probability)
82
P(gain) 22 sessions — probability
59%
VaR 95% (daily)
-0.03%
CVaR 95% (daily)
-0.24%
GARCH vol forecast (22d)
0.07%
Market regime (Markov)
Lateral
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Top-10 concentration
100.0%
Effective holdings
3
Disclosed positions
6
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
OPER
0.20%
Fixed Income median
0.20%
Cheapest in class BKAG
0.00%
Comparison universe: 1,710 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-06-29 | 2026-06-30 | USD 0.2500 |
| 2026-05-28 | 2026-05-29 | USD 0.3200 |
| 2026-04-29 | 2026-04-30 | USD 0.3300 |
| 2026-03-30 | 2026-03-31 | USD 0.3000 |
| 2026-02-26 | 2026-02-27 | USD 0.2700 |
| 2026-01-29 | 2026-01-30 | USD 0.2788 |
| 2025-12-30 | 2025-12-31 | USD 0.3220 |
| 2025-11-26 | 2025-11-28 | USD 0.3500 |
| 2025-10-30 | 2025-10-31 | USD 0.3800 |
| 2025-09-29 | 2025-09-30 | USD 0.4500 |
| 2025-08-28 | 2025-08-29 | USD 0.3800 |
| 2025-07-30 | 2025-07-31 | USD 0.4000 |
| 2025-06-27 | 2025-06-30 | USD 0.3100 |
| 2025-05-29 | 2025-05-30 | USD 0.3300 |
| 2025-04-29 | 2025-04-30 | USD 0.3800 |
| 2025-03-28 | 2025-03-31 | USD 0.3600 |
| 2025-02-27 | 2025-02-28 | USD 0.3400 |
| 2025-01-30 | 2025-01-31 | USD 0.3200 |
| 2024-12-30 | 2024-12-31 | USD 0.4640 |
| 2024-11-27 | 2024-11-29 | USD 0.3800 |
| 2024-10-30 | 2024-10-31 | USD 0.4500 |
| 2024-09-27 | 2024-09-30 | USD 0.4500 |
| 2024-08-29 | 2024-08-30 | USD 0.4500 |
| 2024-07-30 | 2024-07-31 | USD 0.4500 |
| 2024-06-27 | 2024-06-28 | USD 0.3700 |
| 2024-05-30 | 2024-05-31 | USD 0.5000 |
| 2024-04-26 | 2024-04-30 | USD 0.4500 |
| 2024-03-26 | 2024-03-28 | USD 0.4000 |
| 2024-02-27 | 2024-02-29 | USD 0.4700 |
| 2024-01-29 | 2024-01-31 | USD 0.3800 |
| 2023-12-26 | 2023-12-28 | USD 0.5435 |
| 2023-11-28 | 2023-11-30 | USD 0.4600 |
| 2023-10-27 | 2023-11-01 | USD 0.4400 |
| 2023-08-29 | 2023-08-31 | USD 0.4700 |
| 2023-07-27 | 2023-07-31 | USD 0.4200 |
| 2023-06-28 | 2023-06-30 | USD 0.3500 |
| 2023-05-26 | 2023-05-31 | USD 0.4000 |
| 2023-04-26 | 2023-04-28 | USD 0.3800 |
| 2023-03-29 | 2023-03-31 | USD 0.3900 |
| 2023-02-24 | 2023-02-28 | USD 0.3500 |
ESG profile
No ESG estimate available: none of the scored universe overlaps this portfolio (typical for bond, commodity or synthetic funds).
Scored coverage: 0.0% of the portfolio by weight.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 4.01% | -0.82% | -0.19 |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 4.03% | -0.76% | -0.17 |
| Vanguard Total International Bond ETF BNDX | 0.07% | 122.00B | 4.52% | -2.72% | -0.64 |
| iShares 0-3 Month Treasury Bond ETF SGOV | 0.09% | 97.69B | 3.80% | +0.05% | 0.05 |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 4.16% | -0.54% | -0.18 |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 4.02% | -1.02% | -0.48 |
| Vanguard Intermediate-Term Corporate Bond ETF VCIT | 0.03% | 68.70B | 4.86% | -1.04% | -0.22 |
| Vanguard Intermediate-Term Bond ETF BIV | 0.03% | 52.20B | 4.27% | -1.28% | -0.28 |
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 4.47% | -0.85% | -0.36 |
| Vanguard Intermediate-Term Treasury ETF VGIT | 0.03% | 49.50B | 3.89% | -1.50% | -0.41 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Vanguard Short-Term Corporate Bond ETF VCSH | 0.03% | 50.50B | 0.0% |
| Vanguard Total Bond Market ETF BND | 0.03% | 394.40B | 0.0% |
| iShares Core U.S. Aggregate Bond ETF AGG | 0.03% | 138.36B | 0.0% |
| Vanguard Short-Term Inflation-Protected Securities ETF VTIP | 0.03% | 70.50B | 0.0% |
| Vanguard Short-Term Bond ETF BSV | 0.03% | 70.40B | 0.0% |
