OPER vs VOO

OPER vs VOO

Which is better, OPER or VOO?

Ultrashort Term Bond against Large Cap Blend.

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window.

Lower Fees: VOOHigher Returns: VOO

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricOPERVOO
Expense Ratio0.20%0.03%Best
AUM$115M$997.4B
Dividend Yield4.21%1.04%
Holdings3509
YTD Return+2.64%+12.25%Best
1Y Return+3.88%+17.03%Best
3Y Return (annualized)+4.48%+21.25%Best
5Y Return (annualized)+3.76%+13.08%Best
Volatility (annualized)0.7%Best16.7%
Max Drawdown-3.0%Best-34.3%
$10,000 over 5 years$12,027$18,490Best
Fund FamilyClearShares ETFsVanguard (US)
CategoryFixed IncomeEquity
StyleUltrashort Term BondLarge Cap Blend
InceptionJul 10, 2018Sep 7, 2010

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Jul 11, 2018 to Sep 17, 2026 (8.2 years).

OPER vs VOO growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

OPER vs VOO Performance

Clearshares Ultra-Short Maturity ETF (OPER) is an ETF from ClearShares ETFs and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year OPER returned +3.88% while VOO returned +17.03%. Year to date, OPER is up 2.64% versus a gain of 12.25% for VOO.

Over three years, OPER compounded at +4.48% per year against +21.25% for VOO; over five years the annualized figures are +3.76% and +13.08% respectively. Across the full 8-year window we track, VOO has the edge at +14.26% annualized vs +2.32%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VOO has been the more volatile fund, with annualized monthly volatility of 16.7% compared with 0.7% for OPER. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -3.0% for OPER and -34.3% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.11. They move largely independently of each other.

Fees and Cost Over Time

OPER charges 0.20% per year while VOO charges 0.03%. On a $10,000 position that is $20 vs $3 annually, a gap of $17 per year that compounds over a long holding period. On income, OPER currently yields 4.21% against 1.04% for VOO.

Holdings Overlap

We hold position weights for 1 holding in OPER and 494 in VOO, totalling 0.0% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

0 positions in common, counted across the 1 positions we hold weights for in OPER and 494 in VOO, against full books of 3 and 509.

You are not choosing between two funds in isolation.

Whichever of OPER and VOO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

OPERVOO

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, OPER or VOO?

OPER has an expense ratio of 0.20% while VOO charges 0.03%. VOO is the cheaper option, by $17 a year on a $10,000 investment.

Which performed better, OPER or VOO?

Over the past year OPER returned +3.88% vs +17.03% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (8 years), OPER annualized +2.32% vs +14.26% for VOO. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, OPER or VOO?

VOO has been the more volatile fund at 16.7% annualized versus 0.7% for OPER. Worst drawdown: OPER -3.0% vs VOO -34.3%.

Should I hold both OPER and VOO?

OPER and VOO have a monthly-return correlation of 0.11, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, OPER or VOO?

OPER yields 4.21% while VOO yields 1.04%, so OPER currently pays the higher dividend yield.

Is VOO better than OPER?

VOO has a lower expense ratio. VOO led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.