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OPER vs CLOZ

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

OPER

ClearShares Ultra-Short Maturity ETF

Annual cost

0.20%

Fund size

$118M

CLOZ

Eldridge BBB-B CLO ETF

Annual cost

0.50%

Fund size

$668M

Key differences

Both OPER and CLOZ are fixed income ETFs. OPER charges 0.20% a year and CLOZ 0.50%. 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

OPERCLOZ
Annual cost (TER)0.20%0.50%
Fund size (AUM)$118M$668M
Since20182023
Dividend yield4.09%7.46%
Asset classfixed incomefixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+4.1%+6.4%
CAGR 3Y+4.6%+10.6%
CAGR 5Y+3.6%N/A
Sharpe 3Y2.161.78
Volatility 1Y0.27%3.44%
Max drawdown-2.33%-5.32%

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

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