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CLOZ vs OPER

Eldridge BBB-B CLO ETF vs ClearShares Ultra-Short Maturity ETF

CLOZ

Eldridge BBB-B CLO ETF

Annual cost

0.50%

Fund size

$668M

OPER

ClearShares Ultra-Short Maturity ETF

Annual cost

0.20%

Fund size

$118M

Key differences

Both CLOZ and OPER are fixed income ETFs. CLOZ charges 0.50% a year and OPER 0.20%. The main difference: OPER costs 0.30% less per year.

  • OPER costs 0.30% less per year.
  • CLOZ is much larger than OPER. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, CLOZ has delivered higher annualized returns.
  • OPER has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CLOZOPER
Annual cost (TER)0.50%0.20%
Fund size (AUM)$668M$118M
Since20232018
Dividend yield7.46%4.09%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+6.4%+4.1%
CAGR 3Y+10.6%+4.6%
CAGR 5YN/A+3.6%
Sharpe 3Y1.782.16
Volatility 1Y3.44%0.27%
Max drawdown-5.32%-2.33%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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