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IWB vs NEAR

iShares Russell 1000 ETF vs iShares Short Duration Bond Active ETF

IWB

iShares Russell 1000 ETF

Annual cost

0.15%

Fund size

$48.9B

NEAR

iShares Short Duration Bond Active ETF

Annual cost

0.25%

Fund size

$4.6B

Key differences

IWB is an equity ETF, while NEAR is a fixed income ETF. IWB charges 0.15% a year and NEAR 0.25%.

  • IWB is an equity fund, while NEAR is a fixed income fund. They carry different risk/return profiles.
  • IWB follows a index tracking strategy; NEAR uses active selection.
  • IWB costs 0.10% less per year.
  • IWB is much larger than NEAR. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, IWB has delivered higher annualized returns.
  • IWB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IWBNEAR
Annual cost (TER)0.15%0.25%
Fund size (AUM)$48.9B$4.6B
Since20002013
Dividend yield0.91%4.47%
Asset classequityfixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+24.3%+3.9%
CAGR 3Y+22.2%+5.6%
CAGR 5Y+12.6%+3.8%
Sharpe 3Y1.171.13
Volatility 1Y12.22%1.38%
Max drawdown-34.60%-9.61%

Similar to IWB and NEAR