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OCIOClearShares OCIO ETF

Get income8y track recordRanked #995 of 1,622 in this goal

Seeks to outperform a traditional 60/40 mix of global equity and fixed income investments.

By ClearShares · Launched 2017

Annual Cost

0.65%

#3,297 of 5,562 · average

Fund Size

$168M

#2,441 of 5,562 · mid-size

Dividend YieldGoal

1.77%

Track Record

8 years

#1,579 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$12,211+22.1%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

What it actually holds

By weight

Concentration

Top 10 holdings = 64.7% of fundconcentrated

Mount Vernon Liquid Assets Portfolio, LLC
19.4%
Invesco QQQ Trust Series 1
6.6%
Vanguard FTSE Developed Market
5.4%
State Street Technology Select
5.1%
State Street SPDR Portfolio S&
5.1%
Vanguard Total Stock Market ET
4.8%
SPDR S&P 500 ETF Trust
4.7%
iShares Russell Mid-Cap Growth
4.6%
iShares Core S&P 500 ETF
4.6%
iShares 3-7 Year Treasury Bond
4.4%

Asset allocation

Stocks
78.9%
Bonds
14.2%
Cash
6.7%
Other
0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
10.5%Moderate

Year-on-year price swings

Max drawdown
-24.2%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.91Decent risk-adjusted returns
Sortino (3Y)
1.33Good downside protection

Where to buy

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to outperform a traditional 60/40 mix of global equity and fixed income investments.
Strategy
Actively managed fund of funds investing primarily in other registered investment companies, including ETFs, across various asset classes. Allocates assets in U.S. and foreign equities, debt obligations, and may write covered call options to generate income.
Inception date
June 26, 2017
Fund family
ClearShares

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

Source: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Why we flagged this: strategy=option_income + option_income_strategy

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19