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Morningstar

ClearShares Ultra-Short Maturity ETF OPER

Morningstar Medalist Rating
Medalist Rating as of | See ClearShares Investment Hub

Morningstar’s Analysis OPER

Will OPER outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable OPER’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the OPER management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of OPER’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit ClearShares Ultra-Short Maturity ETF to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings OPER

More OPER Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings —
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

OPER REPO 5/13/24 5.50%

36.28 60.0 Mil
Cash and Equivalents

OPER REPO 5/14/24 5.50%

30.23 50.0 Mil
Cash and Equivalents

OPER REPO 5/8/24 5.36%

15.25 25.2 Mil
Cash and Equivalents

OPER REPO 5/8/24 5.36%

9.07 15.0 Mil
Cash and Equivalents

OPER REPO 5/9/24 5.36%

9.07 15.0 Mil
Cash and Equivalents

DEPOSITS WITH BROKER FOR SHORT POSITIONS

0.06 97,166
Cash and Equivalents

First American Government Obligs X

0.05 77,009
Cash and Equivalents