OPER vs IQM

Comparison between CLEARSHARES ULTRA-SHORT MATURITY ETF (OPER, ETF) and FRANKLIN INTELLIGENT MACHINES ETF (IQM, ETF).

5-Year PerformanceIQM has outperformed OPER, delivering a return of +17.4% compared to +3.7%

OPER vs IQM - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OPER(ETF)	IQM(ETF)
Net Assets	$118M	$118M
Expense Ratio	0.20%	0.50%
Max Drawdown	3.00%	45.01%
Sharpe Ratio	0.43	1.07
5Y Beta	0.00	1.69
P/E Ratio	N/A	53.10
Forward P/E	N/A	30.54
PEG Ratio	N/A	0.35
5Y Dividends CAGR	56.95%	N/A
5Y EPS CAGR	N/A	34.53%
P/S Ratio	N/A	2.75
P/B Ratio	N/A	14.24

Net Assets

OPER

$118M

IQM

$118M

Expense Ratio

Winner

OPER

0.20%

IQM

0.50%

Max Drawdown

Winner

OPER

3.00%

IQM

45.01%

Sharpe Ratio

OPER

0.43

Winner

IQM

1.07

5Y Beta

Winner

OPER

0.00

IQM

1.69

P/E Ratio

OPER

N/A

IQM

53.10

Forward P/E

OPER

N/A

IQM

30.54

PEG Ratio

OPER

N/A

IQM

0.35

5Y Dividends CAGR

OPER

56.95%

IQM

N/A

5Y EPS CAGR

OPER

N/A

IQM

34.53%

P/S Ratio

OPER

N/A

IQM

2.75

P/B Ratio

OPER

N/A

IQM

14.24

OPER vs IQM - Historical Returns

Returns include dividend reinvestment.

Period	OPER	IQM
1 month	+0.29%	-8.50%
3 months	+0.87%	+1.66%
6 months	+1.78%	+15.06%
1 year	+3.95%	+38.89%
5 years(CAGR)	+3.74%	+17.39%
10 years(CAGR)	+2.81%	N/A
Max(CAGR)	+2.81%	+26.27%

Winner

OPER

+0.29%

IQM

-8.50%

OPER

+0.87%

Winner

IQM

+1.66%

OPER

+1.78%

Winner

IQM

+15.06%

OPER

+3.95%

Winner

IQM

+38.89%

5Y(CAGR)

OPER

+3.74%

Winner

IQM

+17.39%

10Y(CAGR)

OPER

+2.81%

IQM

N/A

Max(CAGR)

OPER

+2.81%

Winner

IQM

+26.27%

OPER vs IQM - Annual Returns (2018 - 2026)

Returns include dividend reinvestment.

Year	OPER	IQM
2026	+2.02%	+21.17%
2025	+4.36%	+30.98%
2024	+5.33%	+34.91%
2023	+5.06%	+42.59%
2022	+1.75%	-33.76%
2021	+0.37%	+26.37%
2020	+0.64%	+78.48%
2019	+2.15%	N/A
2018	+0.90%	N/A

OPER vs IQM Drawdown Comparison

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

The maximum drawdown for IQM was -44.91%, occurring on Oct 14, 2022. Recovery took 571 trading sessions.

The current IQM drawdown is -14.17%.

Rank	OPER	IQM
#1	-2.33% Nov 15, 2018 - Dec 30, 2019	-44.91% Nov 19, 2021 - Mar 1, 2024
#2	-0.13% Feb 24, 2022 - May 12, 2022	-30.42% Jan 23, 2025 - Jun 24, 2025
#3	-0.11% Mar 28, 2024 - Apr 2, 2024	-30.17% Mar 4, 2020 - May 8, 2020
#4	-0.11% Mar 17, 2020 - May 26, 2020	-19.70% Feb 12, 2021 - Aug 3, 2021
#5	-0.09% Mar 31, 2025 - Apr 8, 2025	-18.59% Jul 8, 2024 - Nov 8, 2024
#6	-0.07% Apr 29, 2026 - May 11, 2026	-17.92% Jun 22, 2026 - Jul 17, 2026
#7	-0.07% Mar 13, 2023 - Mar 20, 2023	-14.71% Oct 29, 2025 - Jan 16, 2026
#8	-0.05% Mar 2, 2021 - Mar 17, 2021	-13.95% Feb 25, 2026 - Apr 10, 2026
#9	-0.05% Mar 25, 2024 - Mar 27, 2024	-11.91% Sep 2, 2020 - Oct 12, 2020
#10	-0.05% Mar 30, 2023 - Apr 3, 2023	-11.57% Mar 7, 2024 - May 21, 2024
#11	-0.04% Nov 23, 2022 - Nov 28, 2022	-11.50% Jun 2, 2026 - Jun 18, 2026
#12	-0.04% May 12, 2026 - May 15, 2026	-10.10% Jan 16, 2026 - Feb 25, 2026
#13	-0.04% Jan 27, 2022 - Feb 24, 2022	-8.35% Sep 7, 2021 - Oct 25, 2021
#14	-0.03% Oct 5, 2023 - Oct 9, 2023	-8.30% Oct 13, 2020 - Nov 5, 2020
#15	-0.03% Dec 12, 2023 - Dec 15, 2023	-7.14% May 14, 2026 - May 26, 2026