iShares Short Duration Bond Active ETF
$49.99−0.10 (−0.21%)
- Expense ratio
- 0.25%
- Fund size
- $5.2B
- 1Y return
- +2.1%
- Yield · Last 12 months
- 4.47%
- Holdings
- 1826
- Volume · 30D
- 0.6M sh
- NAV per share
- $50.06
- 52W range
The ETF.net NEAR Grade
Score 54 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 18Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 52Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 43Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 57Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 74Category rank
Our read on NEAR
CThe active outlier in a peer group of penny-cheap Treasury trackers. NEAR's managers pick across roughly 1,800 short bonds, government and corporate, aiming to out-earn the Bloomberg U.S. 1-3 Year Government/Credit index while holding duration under three years.
The fund seeks total return above its Bloomberg U.S. 1-3 Year Government/Credit Bond Index benchmark while generally keeping portfolio duration below three years. It is actively managed through macro allocation and security selection focused on creditworthiness and valuation.
Why people hold it
- Active by design: the managers move between government and corporate paper on creditworthiness and valuation, rather than copying an index line for line.ishares.com
- Roughly 1,800 positions, so no single issuer carries much weight. Income lands monthly.
- Running since 2013 and still doing what the documents say: duration generally kept under three years, one of the tighter mandate fits in its peer group.
- Billions in assets and regular daily trading behind it, sizeable for an actively managed bond fund.
Worth knowing
- Active costs money: 0.25% a year, above the peer median of 0.15% and far above index Treasury trackers like VGSH and SCHO at 0.03%.
- It buys corporate credit, not just government bonds, so issuer risk rides along. Pure Treasury peers such as SHY don't carry that.
- Outcomes hang on manager calls, not an index rulebook, so the portfolio can diverge from its benchmark in either direction.
NEAR Holdings
- Bonds
- 1,826
- 31%
- TREASURY NOTE 0.50% 04/30/2027 (TNOTE)
Sectors
- Health Care100.0%
Geography
- United States92.95%
- United Kingdom2.98%
- Australia1.24%
- Ireland0.80%
- Netherlands0.43%
- Germany0.38%
- Spain0.26%
- Portugal0.17%
- 0.78%
NEAR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NEAR |
|---|---|
| Year to date | +0.9% |
| 1 month | −0.5% |
| 3 months | +0.2% |
| 1 year | +2.1% |
| 3 years | +5.1% |
| 5 years | +3.9% |
| 10 years | +2.8% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NEAR |
|---|---|---|
| 2026 YTD | +0.9% | |
| 2025 | +5.9% | |
| 2024 | +5.1% | |
| 2023 | +7.4% | |
| 2022 | +0.4% | |
| 2021 | +0.3% | |
| 2020 | +1.4% |
NEAR in the news
ETF.net Research hasn’t filed on NEAR yet — coverage lands here as it’s written.
NEAR Dividends
- 4.47%
- $2.24
- $0.18 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.18 |
| Aug 3, 2026 | Aug 6, 2026 | $0.18 |
| Jul 1, 2026 | Jul 7, 2026 | $0.18 |
| Jun 1, 2026 | Jun 4, 2026 | $0.18 |
| May 1, 2026 | May 6, 2026 | $0.18 |
| Apr 1, 2026 | Apr 7, 2026 | $0.18 |
| Mar 2, 2026 | Mar 5, 2026 | $0.17 |
| Feb 2, 2026 | Feb 5, 2026 | $0.18 |
| Dec 19, 2025 | Dec 24, 2025 | $0.28 |
| Dec 1, 2025 | Dec 4, 2025 | $0.18 |
| Nov 3, 2025 | Nov 6, 2025 | $0.18 |
| Oct 1, 2025 | Oct 6, 2025 | $0.18 |
NEAR Risk
- 1.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.43
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −1.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.23
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NEAR Cost
- The middle half of Treasuries (1-3 Year) funds
- Median 0.15%
11 of the 15 Treasuries (1-3 Year) funds charge less.