OPER vs SHV
ClearShares Ultra-Short Maturity ETF compared with iShares 0–1 Year Treasury Bond ETF on yield, payout growth, payment schedule, cost and risk.
OPER
ClearShares Ultra-Short Maturity ETF
TTM yield · Monthly
SHV
iShares 0–1 Year Treasury Bond ETF
TTM yield · Monthly
Quick take
- OPER yields more today: 3.77% vs 3.63% (forward).
- Both pay every month.
- Over the last year OPER delivered the higher total return: +4.0% vs +3.5% (price change plus payouts).
- SHV is cheaper to own: 0.15% vs 0.20% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | OPER | SHV |
|---|---|---|
| Share price | $100.24 | $110.33 |
| TTM yield | 3.77% | 3.63% |
| Forward yield | 3.77% | 3.63% |
| Annual payout per share | $3.781 | $4.005 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 29, 2026 (est.) | Oct 31, 2026 (est.) |
| Expense ratio | 0.20% | 0.15% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 88/100 | 94/100 |
| 1-year total return | +4.0% | +3.5% |
| 1-year price return | +0.2% | -0.1% |
| Size (market cap / AUM) | 117.6M | 22.8B |
| Years paying | 7.8 | 19.7 |
| Sector / category | Ultrashort Bond | Ultrashort Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| OPER | SHV | |
|---|---|---|
| Shares | 99.8 | 90.6 |
| Income per year | $377 | $363 |
| Income per month (avg) | $31 | $30 |
At forward yields, before taxes. Model OPER · Model SHV
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| OPER Oct 29, 2026 | Nov 12, 2026 | $0.3151 | Est. |
| OPER Nov 28, 2026 | Dec 12, 2026 | $0.3151 | Est. |
| OPER Dec 28, 2026 | Jan 11, 2027 | $0.3151 | Est. |
| SHV Oct 31, 2026 | Nov 14, 2026 | $0.3337 | Est. |
| SHV Nov 30, 2026 | Dec 14, 2026 | $0.3337 | Est. |
| SHV Dec 30, 2026 | Jan 13, 2027 | $0.3337 | Est. |
Annual payouts per share
OPERSHV
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, OPER or SHV?
OPER currently has the higher trailing yield: OPER yields 3.77% and SHV yields 3.63%. Yield changes daily with price, so check the live figures above.
How often do OPER and SHV pay?
OPER pays every month and SHV pays every month. OPER's next ex-date is Oct 29, 2026 and SHV's is Oct 31, 2026.
Is OPER or SHV better for income?
It depends on what you are optimising for. OPER and SHV differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.