iShares Short Duration Bond Active ETF
$49.91−0.03 (−0.05%)
- 0.25%
- $5.1B
- +2.0%
- 4.50%
- 0.7M sh
- $49.85
- low $49.68high $51.37
The ETF.net NEAR Grade
B
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.
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.B59 out of 100Rank 3 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 8 of 15Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B59 out of 100Rank 7 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
BThe 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
- 1,886
- 29%
- Treasury Note 0.50% 04/30/2027 (Tnote)
Geography
- United States92.79%
- United Kingdom3.14%
- Australia1.21%
- Ireland0.82%
- Netherlands0.43%
- Germany0.38%
- Spain0.26%
- Portugal0.16%
- 0.80%
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$10,197
Returns run to the Oct 12, 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 | 0.0% |
| 3 months | 0.0% |
| 1 year | +2.0% |
| 3 years | +5.0% |
| 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
NEAR Dividends
- 4.50%
- $2.25
- $0.18 per share
- Monthly
Distribution history
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.
- 0.16
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
0.25%
NEAR0.25%
- The middle half of Treasuries (1-3 Year) funds
- Median 0.15%
11 of the 15 Treasuries (1-3 Year) funds charge less.
Other funds in Treasuries (1-3 Year)
- BUTWOUS Treasury 2 Year Note ETFExpense ratio 0.15%1 year return +1.3%
- BUSSHWisdomTree 1-3 Year Laddered Treasury FundExpense ratio 0.15%1 year return +1.4%
- CFTSDFranklin Short Duration U.S. Government ETFExpense ratio 0.25%1 year return +2.0%
- 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 −0.9%