OPER

ClearShares Ultra-Short Maturity ETF

$100.19

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The ClearShares Ultra-Short Maturity ETF (OPER) seeks to provide investment results that, before fees and expenses, correspond to the inverse performance of the Bloomberg Barclays 1-3 Month U.S. Treasury Bill Index.

Overview

ETF tracking ClearShares Ultra-Short Maturity ETF

Category Inverse

Issuer Other

Inception Date 2018-07-11

Market Cap $120.2M

Average Volume N/A

Dividend Yield 3.64%

52-Week Range $100.00 - $100.52

VWAP $100.18

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund uses a passive management (or indexing) approach and seeks to track the performance of the Bloomberg Barclays 1-3 Month U.S. Treasury Bill Index. It invests in financial instruments, such as swap agreements, that provide inverse exposure to the index.

✨ Key Features

Inverse exposure to short-term U.S. Treasury bills
Designed to provide a hedge against rising interest rates
Potential for gains when short-term Treasury yields increase
Highly liquid and transparent investment vehicle

⚠️ Primary Risks

Inverse performance risk: The fund's returns will move in the opposite direction of the underlying index, which may not align with an investor's expectations
Interest rate risk: Rising interest rates may adversely impact the fund's performance
Liquidity risk: The fund may have difficulty trading certain securities at an advantageous time or price
Counterparty risk: The fund is exposed to the creditworthiness of its swap agreement counterparties

👤 Best For

The ClearShares Ultra-Short Maturity ETF may be suitable for investors seeking a short-term, defensive investment that can potentially benefit from rising interest rates. It may be used as a hedging tool or as part of a diversified portfolio. Investors should have a thorough understanding of the risks associated with inverse and leveraged ETFs.