OPER vs ABEQ

Comparison between CLEARSHARES ULTRA-SHORT MATURITY ETF (OPER, ETF) and ABSOLUTE SELECT VALUE ETF (ABEQ, ETF).

5-Year PerformanceABEQ has outperformed OPER, delivering a return of +7.1% compared to +3.7%

OPER vs ABEQ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OPER(ETF)	ABEQ(ETF)
Net Assets	$143M	$142M
Expense Ratio	0.20%	0.85%
Max Drawdown	3.00%	27.82%
Sharpe Ratio	1.37	0.66
5Y Beta	0.00	0.35
P/E Ratio	N/A	15.53
Forward P/E	N/A	14.31
PEG Ratio	N/A	0.73
5Y Dividends CAGR	59.13%	37.10%
5Y EPS CAGR	N/A	7.01%
Debt to Equity	N/A	64.54%
P/S Ratio	N/A	1.77
P/B Ratio	N/A	2.33

Net Assets

Winner

OPER

$143M

ABEQ

$142M

Expense Ratio

Winner

OPER

0.20%

ABEQ

0.85%

Max Drawdown

Winner

OPER

3.00%

ABEQ

27.82%

Sharpe Ratio

Winner

OPER

1.37

ABEQ

0.66

5Y Beta

Winner

OPER

0.00

ABEQ

0.35

P/E Ratio

OPER

N/A

ABEQ

15.53

Forward P/E

OPER

N/A

ABEQ

14.31

PEG Ratio

OPER

N/A

ABEQ

0.73

5Y Dividends CAGR

Winner

OPER

59.13%

ABEQ

37.10%

5Y EPS CAGR

OPER

N/A

ABEQ

7.01%

Debt to Equity

OPER

N/A

ABEQ

64.54%

P/S Ratio

OPER

N/A

ABEQ

1.77

P/B Ratio

OPER

N/A

ABEQ

2.33

OPER vs ABEQ - Historical Returns

Returns include dividend reinvestment.

Period	OPER	ABEQ
1 month	+0.31%	-0.13%
3 months	+0.92%	-4.61%
6 months	+1.81%	+3.51%
1 year	+4.07%	+9.89%
5 years(CAGR)	+3.65%	+7.09%
Max(CAGR)	+2.79%	+7.74%

Winner

OPER

+0.31%

ABEQ

-0.13%

Winner

OPER

+0.92%

ABEQ

-4.61%

OPER

+1.81%

Winner

ABEQ

+3.51%

OPER

+4.07%

Winner

ABEQ

+9.89%

5Y(CAGR)

OPER

+3.65%

Winner

ABEQ

+7.09%

Max(CAGR)

OPER

+2.79%

Winner

ABEQ

+7.74%

OPER vs ABEQ - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	OPER	ABEQ
2026	+1.54%	+3.58%
2025	+4.36%	+14.87%
2024	+5.33%	+11.94%
2023	+5.06%	+3.90%
2022	+1.75%	-0.89%
2021	+0.37%	+12.61%
2020	+0.64%	+2.51%
2019	+2.15%	N/A
2018	+0.90%	N/A

OPER vs ABEQ Drawdown Comparison

The maximum drawdown for OPER was -2.33%, occurring on Nov 19, 2018. Recovery took 280 trading sessions.

The maximum drawdown for ABEQ was -27.82%, occurring on Mar 23, 2020. Recovery took 204 trading sessions.

The current ABEQ drawdown is -7.29%.

Rank	OPER	ABEQ
#1	-2.33% Nov 15, 2018 - Dec 30, 2019	-27.82% Feb 11, 2020 - Dec 1, 2020
#2	-0.13% Feb 24, 2022 - May 12, 2022	-17.26% Apr 20, 2022 - Mar 6, 2024
#3	-0.11% Mar 28, 2024 - Apr 2, 2024	-7.95% Apr 2, 2025 - May 27, 2025
#4	-0.11% Mar 17, 2020 - May 26, 2020	-7.89% Feb 27, 2026 - Jun 1, 2026
#5	-0.09% Mar 31, 2025 - Apr 8, 2025	-5.84% Nov 10, 2021 - Dec 29, 2021
#6	-0.07% Apr 29, 2026 - May 11, 2026	-5.52% May 17, 2021 - Nov 10, 2021
#7	-0.07% Mar 13, 2023 - Mar 20, 2023	-5.48% Oct 18, 2024 - Feb 13, 2025
#8	-0.05% Mar 2, 2021 - Mar 17, 2021	-4.43% Oct 6, 2025 - Nov 26, 2025
#9	-0.05% Mar 25, 2024 - Mar 27, 2024	-4.07% Jan 14, 2022 - Mar 16, 2022
#10	-0.05% Mar 30, 2023 - Apr 3, 2023	-3.97% Mar 28, 2024 - May 9, 2024
#11	-0.04% Nov 23, 2022 - Nov 28, 2022	-3.44% May 17, 2024 - Jul 12, 2024
#12	-0.04% May 12, 2026 - May 15, 2026	-3.22% Jul 31, 2024 - Aug 16, 2024
#13	-0.04% Jan 27, 2022 - Feb 24, 2022	-2.95% Feb 8, 2021 - Mar 10, 2021
#14	-0.03% Oct 5, 2023 - Oct 9, 2023	-2.81% Jan 7, 2021 - Feb 8, 2021
#15	-0.03% Dec 12, 2023 - Dec 15, 2023	-2.42% Nov 28, 2025 - Dec 24, 2025