OPERvsCLSEETF Comparison
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ClearShares Ultra-Short Maturity ETF (OPER) and Convergence Long/Short Equity ETF (CLSE) belong to the same industry segment: Alternatives. OPER is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 1.52% for CLSE. OPER is up 2.98% year-to-date (YTD) with -$3M in YTD flows. CLSE performs better with 25.56% YTD performance, and +$654M in YTD flows. Run a side-by-side ETF comparison of OPER and CLSE below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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OPER vs CLSE performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/15/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | OPER CLSE | +0.31%+1.01% | +0.95%+0.58% | +2.98%+25.56% | +3.85%+35.21% | +14.45%+112.54% | +21.13%n/a |
| Flows | OPER CLSE | +$3M+$94M | +$8M+$273M | -$3M+$654M | +$5M+$687M | -$113M+$842M | -$63M- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | OPER CLSE | +0.13%+8.65% | +0.14%+12.97% | +0.18%+13.46% | +0.19%n/a |
| Max drawdown | OPER CLSE | n/a-3.12% | n/a-4.60% | n/a-15.76% | n/an/a |
| Max drawdown duration | OPER CLSE | n/a43d | n/a40d | n/a188d | n/an/a |
Trading data
OPER | CLSE | |
Last sale 10/15/2026 at 7:57 PM | $100.18 | $33.92 |
| Previous close 10/15/2026 | $100.17 | $34.05 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/15/2026 at 7:57 PM
Live
Closed
OPER | CLSE | |
|---|---|---|
| Last price | $100.18 | $33.92 |
| 1D performance | +0.01% | -0.40% |
| AuM | $117.76 M | $1.03 B |
| E/R | 0.2% | 1.52% |
Characteristics
OPER | CLSE | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Clear Shares | Convergence Investment Partners LLC |
| Benchmark | - | - |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 11, 2018 | February 22, 2022 |
| ESG | No | No |
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Exposure
Countries
OPER
Data will be available soon
CLSE
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Sectors
OPER
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CLSE
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Diversification
OPER
Data will be available soon
CLSE
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Top 15 holdings
Data as of January 1, 1970
OPER
Data will be available soon
CLSE
Data will be available soon
Frequently asked questions about OPER and CLSE
How have the OPER and CLSE ETFs performed in 2026?
As of October 15, 2026, OPER is up 2.98% year-to-date (YTD), while CLSE has returned 25.56%. That puts CLSE better performer ahead so far this year.
Which ETF is attracting more investor money: OPER or CLSE?
Year-to-date, the OPER ETF saw -$3M in flows, compared to +$654M for CLSE.
Which ETF is more volatile: OPER or CLSE?
Over the past year, OPER had a volatility of 0.14%, while CLSE experienced 12.97%.
Which ETF is bigger: OPER or CLSE?
As of October 15, 2026, OPER holds $117.76 M in assets under management (AUM), while CLSE manages $1.03 B.
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