Clearshares Ocio Etf Profile
| OCIO Etf | USD 30.95 0.32 1.02% |
Performance0 of 100
| Odds Of DistressLess than 9
|
ClearShares OCIO is selling at 30.95 as of the 1st of May 2024; that is -1.02 percent decrease since the beginning of the trading day. The etf's open price was 31.27. ClearShares OCIO has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for ClearShares OCIO ETF are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of April 2024 and ending today, the 1st of May 2024. Click here to learn more.
The fund is expected to typically invest approximately 40 percent to 70 percent of its total assets in equity securities , either through Underlying Investments that principally invest in U.S. or foreign equity securities, or directly in U.S. equity securities. More on ClearShares OCIO ETF
Moving together with ClearShares Etf
| 0.97 | AOR | iShares Core Growth | PairCorr |
| 0.96 | GDMA | Alpha Architect Gdsdn | PairCorr |
| 0.93 | TUG | STF Tactical Growth | PairCorr |
| 0.93 | MFUL | Collaborative Investment | PairCorr |
| 0.91 | MPRO | Northern Lights | PairCorr |
Moving against ClearShares Etf
| 0.69 | BITI | ProShares Trust Buyout Trend | PairCorr |
| 0.55 | RRH | Advocate Capital Man | PairCorr |
ClearShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ClearShares OCIO's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ClearShares OCIO or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Asset Allocation ETFs, Target Outcome ETFs, Moderate Allocation, ClearShares (View all Sectors) |
| Issuer | ClearShares |
| Inception Date | 2017-06-26 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 130.16 Million |
| Average Trading Valume | 1,060.7 |
| Asset Type | Multi Asset |
| Category | Asset Allocation |
| Focus | Target Outcome |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | ClearShares, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Quasar Distributors, LLC |
| Portfolio Manager | Jonathan Robinson, Brandon Langley |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 33.0 |
| Market Maker | Jane Street |
| Total Expense | 0.63 |
| Management Fee | 0.55 |
| Country Name | USA |
| Returns Y T D | 2.44 |
| Name | ClearShares OCIO ETF |
| Currency Code | USD |
| Open Figi | BBG00H1CXHB8 |
| In Threey Volatility | 10.29 |
| 1y Volatility | 8.68 |
| 200 Day M A | 30.2801 |
| 50 Day M A | 31.5526 |
| Code | OCIO |
| Updated At | 30th of April 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.17 |
ClearShares OCIO ETF [OCIO] is traded in USA and was established 2017-06-26. The fund is listed under Moderate Allocation category and is part of ClearShares family. The entity is thematically classified as Asset Allocation ETFs. ClearShares OCIO ETF now have 118.08 M in assets. , while the total return for the last 3 years was 2.2%.
Check ClearShares OCIO Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on ClearShares Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding ClearShares Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as ClearShares OCIO ETF Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top ClearShares OCIO ETF Etf Constituents
| SCHZ | Schwab Aggregate Bond | Etf | Intermediate Core Bond |
| OPER | ClearShares Ultra Short Maturity | Etf | Ultrashort Bond |
| JPST | JPMorgan Ultra Short Income | Etf | Ultrashort Bond |
| IUSB | iShares Core Total | Etf | Intermediate Core-Plus Bond |
| VEA | Vanguard FTSE Developed | Etf | Foreign Large Blend |
| VWO | Vanguard FTSE Emerging | Etf | Diversified Emerging Mkts |
| VCSH | Vanguard Short Term Corporate | Etf | Short-Term Bond |
ClearShares OCIO Target Price Odds Analysis
Contingent on a normal probability distribution, the odds of ClearShares OCIO jumping above the current price in 90 days from now is about 84.13%. The ClearShares OCIO ETF probability density function shows the probability of ClearShares OCIO etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days ClearShares OCIO has a beta of 0.0061. This indicates as returns on the market go up, ClearShares OCIO average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding ClearShares OCIO ETF will be expected to be much smaller as well. Additionally, clearShares OCIO ETF has an alpha of 0.013, implying that it can generate a 0.013 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of ClearShares OCIO to move above the current price in 90 days from now is about 84.13 (This ClearShares OCIO ETF probability density function shows the probability of ClearShares Etf to fall within a particular range of prices over 90 days) .
ClearShares OCIO ETF Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ClearShares OCIO market risk premium is the additional return an investor will receive from holding ClearShares OCIO long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ClearShares OCIO. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ClearShares OCIO's alpha and beta are two of the key measurements used to evaluate ClearShares OCIO's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.0266 | |||
| Jensen Alpha | 0.013 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.07) |
ClearShares OCIO Against Markets
Picking the right benchmark for ClearShares OCIO etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ClearShares OCIO etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ClearShares OCIO is critical whether you are bullish or bearish towards ClearShares OCIO ETF at a given time. Please also check how ClearShares OCIO's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ClearShares OCIO without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Portfolio SuggestionGet suggestions outside of your existing asset allocation including your own model portfolios |
| All Next | Launch Module |
How to buy ClearShares Etf?
Before investing in ClearShares OCIO, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ClearShares OCIO. To buy ClearShares OCIO etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ClearShares OCIO. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ClearShares OCIO etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ClearShares OCIO ETF etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ClearShares OCIO ETF etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as ClearShares OCIO ETF, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ClearShares Etf please use our How to Invest in ClearShares OCIO guide.
Already Invested in ClearShares OCIO ETF?
The danger of trading ClearShares OCIO ETF is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ClearShares OCIO is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ClearShares OCIO. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ClearShares OCIO ETF is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ClearShares OCIO ETF offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ClearShares OCIO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Clearshares Ocio Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Clearshares Ocio Etf: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ClearShares OCIO ETF. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
The market value of ClearShares OCIO ETF is measured differently than its book value, which is the value of ClearShares that is recorded on the company's balance sheet. Investors also form their own opinion of ClearShares OCIO's value that differs from its market value or its book value, called intrinsic value, which is ClearShares OCIO's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ClearShares OCIO's market value can be influenced by many factors that don't directly affect ClearShares OCIO's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ClearShares OCIO's value and its price as these two are different measures arrived at by different means. Investors typically determine if ClearShares OCIO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ClearShares OCIO's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.