With an average three-year Morningstar Rating of 4.3 stars across its open-end and exchange-traded products, the firm has demonstrated its ability to deploy capital successfully for investors. ClearShares's longest-tenured managers do not possess the same experience as management teams at other firms, a detractor from its rating. Specifically, average tenure within the firm is only three years. ClearShares has faced above-average manager turnover in the past five years. This is a concern, as long-term stability tends to support positive results.
In a competitive industry, ClearShares does n't differentiate itself enough, leading to an Average Parent Pillar rating.