iShares Short Duration Bond Active ETF
$49.96+0.01 (+0.03%)
- 0.25%
- $5.22B
- +2.2%
- 4.48%
- 738K sh
- low $49.68high $51.37
The ETF.net NEAR Grade
C
Score 55 out of 100
- 11 of 15
Score 55 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25. The letter stays C for now. A new letter must hold for 3 published runs before it replaces it.
Cost
The fund’s net expense ratio, ranked against its category.F18 out of 100Rank 12 of 15Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 14Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B56 out of 100Rank 5 of 15Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C44 out of 100Rank 9 of 15Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B68 out of 100Rank 5 of 15Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A74 out of 100Rank 4 of 15
Our read on NEAR
In short
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.
Stated mandate
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
Worth knowing
NEAR Holdings
- Bonds
- 1,958
- 27%
- Treasury Note 0.50% 04/30/2027 (Tnote)
Sectors
- Treasuries and Treasury Futures26.3%
- Investment Grade Industrials15.2%
- Investment Grade Financials12.7%
- Asset Backed Securities10.5%
- Commercial Mortgages8.8%
- Non-Agency Mortgages6.0%
- High Yield4.7%
- CLO Securities4.1%
- Investment Grade Utilities3.5%
- Non-US Credit Related3.5%
- Emerging Markets1.5%
- Agency Pass-Through MBS1.4%
- Agency CMOs1.2%
- Non-US Sovereign Related0.3%
- High Yield Index Credit Derivatives0.1%
- US Interest Rate Derivatives0.1%
- Taxable Muni Bonds0.0%
Geography
- United States85.65%
- Cayman Islands3.91%
- United Kingdom3.03%
- Ireland1.50%
- Australia1.18%
- Netherlands1.05%
- Luxembourg0.38%
- Canada0.32%
- 2.99%
NEAR Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
NEAR$10,218
Returns run to the Oct 30, 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 | +1.3% |
| 1 month | +0.9% |
| 3 months | +0.3% |
| 1 year | +2.2% |
| 3 years | +5.0% |
| 5 years | +4.0% |
| 10 years | +2.9% |
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 | +1.3% | |
| 2025 | +5.9% | |
| 2024 | +5.1% | |
| 2023 | +7.4% | |
| 2022 | +0.4% | |
| 2021 | +0.3% | |
| 2020 | +1.4% |
NEAR in the news
NEAR Dividends
- 4.48%
- $2.25
- $0.18 per share
- Monthly
NEAR Risk
- 1.8%
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.
- 0.26
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.
- −1.2%
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.
FMP measures it over up to five years of monthly returns.
NEAR Cost
Overpaying vs VGSH, tied cheapest in Treasuries (1-3 Year)
$4,521
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
NEAR 0.25%
$5,159
VGSH 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | NEAR | VGSH | Overpaying |
|---|---|---|---|
| 10 | $455 | $55 | $400 |
| 20 | $1,769 | $216 | $1,553 |
| 30 | $5,159 | $638 | $4,521 |
Other funds in Treasuries (1-3 Year)
- BUTWOUS Treasury 2 Year Note ETFExpense ratio 0.15%1 year return +1.9%
- BUSSHWisdomTree 1-3 Year Laddered Treasury FundExpense ratio 0.15%1 year return +2.0%
- CFTSDFranklin Short Duration U.S. Government ETFExpense ratio 0.25%1 year return +2.6%
- CCUSTCorgi 1-3 Year Treasury Bond ETFExpense ratio 0.05%1 year return
- CBWZSPDR Bloomberg Short Term International Treasury Bond ETFExpense ratio 0.35%1 year return +0.3%
