OPERvsHYGHETF Comparison
VS
ClearShares Ultra-Short Maturity ETF (OPER) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH) belong to the same industry segment: Alternatives. OPER is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 1.12% for HYGH. OPER is up 2.98% year-to-date (YTD) with -$3M in YTD flows. HYGH performs better with 3.5% YTD performance, and +$225M in YTD flows. Run a side-by-side ETF comparison of OPER and HYGH below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
OPER vs HYGH 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 HYGH | +0.31%-0.90% | +0.95%-0.12% | +2.98%+3.50% | +3.85%+5.30% | +14.45%+28.94% | +21.13%+38.27% |
| Flows | OPER HYGH | +$3M+$13M | +$8M+$99M | -$3M+$225M | +$5M+$225M | -$113M+$488M | -$63M+$542M |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | OPER HYGH | +0.13%+2.24% | +0.14%+3.00% | +0.18%+4.36% | +0.19%+6.57% |
| Max drawdown | OPER HYGH | n/a-1.45% | n/a-1.50% | n/a-5.55% | n/a-8.13% |
| Max drawdown duration | OPER HYGH | n/a24d | n/a70d | n/a78d | n/a252d |
Trading data
OPER | HYGH | |
Last sale 10/16/2026 at 1:30 PM | $100.23 | $84.69 |
| Previous close 10/15/2026 | $100.18 | $84.99 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
OPER
is actively managed and doesn’t replicate an indexOPER | HYGH | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
OPER | HYGH | |
|---|---|---|
| Last price | $100.23 | $84.69 |
| 1D performance | +0.05% | -0.35% |
| AuM | $117.76 M | $654.75 M |
| E/R | 0.2% | 1.12% |
Characteristics
OPER | HYGH | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | Clear Shares | iShares |
| Benchmark | - | BlackRock Interest Rate Hedged High Yield Bond Index |
| N° of holdings | - | - |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | July 11, 2018 | May 24, 2014 |
| ESG | No | No |
Advertisement
Exposure
Countries
OPER
Data will be available soon
HYGH
Data will be available soon
Sectors
OPER
Data will be available soon
HYGH
Data will be available soon
Advertisement
Diversification
OPER
Data will be available soon
HYGH
Data will be available soon
Top 15 holdings
Data as of January 1, 1970
OPER
Data will be available soon
HYGH
Data will be available soon
Frequently asked questions about OPER and HYGH
How have the OPER and HYGH ETFs performed in 2026?
As of October 15, 2026, OPER is up 2.98% year-to-date (YTD), while HYGH has returned 3.5%. That puts HYGH better performer ahead so far this year.
Which ETF is attracting more investor money: OPER or HYGH?
Year-to-date, the OPER ETF saw -$3M in flows, compared to +$225M for HYGH.
Which ETF is more volatile: OPER or HYGH?
Over the past year, OPER had a volatility of 0.14%, while HYGH experienced 3%.
Which ETF is bigger: OPER or HYGH?
As of October 15, 2026, OPER holds $117.76 M in assets under management (AUM), while HYGH manages $654.75 M.
Advertisement
Advertisement
