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OPER vs CDX

ClearShares Ultra-Short Maturity ETF vs Simplify High Yield ETF

OPER

ClearShares Ultra-Short Maturity ETF

ClearShares

Annual cost

0.20%

Fund size

$143M

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

Key differences

  • CDX is significantly larger than OPER — larger funds tend to be more liquid and less likely to close.
  • OPER is classified as fixed income, while CDX is alternative — different risk/return profiles.
  • OPER follows a active selection strategy; CDX uses multi strategy.
  • Over the last 3 years, CDX has delivered higher annualized returns.

Side-by-side comparison

OPERCDX
Annual cost (TER)0.20%0.25%
Fund size (AUM)$143M$440M
Since20182022
Dividend yield4.10%8.37%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyactive selectionmulti strategy
CAGR 1Y+4.1%-0.6%
CAGR 3Y+4.6%+7.6%
CAGR 5Y+3.5%N/A
Sharpe 3Y2.260.40
Volatility 1Y0.26%5.68%
Max drawdown-2.33%-13.24%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to OPER and CDX