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NEAR vs BYLD

iShares Short Duration Bond Active ETF vs iShares Yield Optimized Bond ETF

NEAR

iShares Short Duration Bond Active ETF

Annual cost

0.25%

Fund size

$4.3B

BYLD

iShares Yield Optimized Bond ETF

Annual cost

0.13%

Fund size

$387M

Key differences

  • BYLD costs 0.12% less per year.
  • NEAR is significantly larger than BYLD — larger funds tend to be more liquid and less likely to close.
  • NEAR follows a active selection strategy; BYLD uses index tracking.

Side-by-side comparison

NEARBYLD
Annual cost (TER)0.25%0.13%
Fund size (AUM)$4.3B$387M
Since20132014
Dividend yield4.48%5.35%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.5%+7.7%
CAGR 3Y+5.7%+6.6%
CAGR 5Y+3.9%+2.4%
Sharpe 3Y1.230.63
Volatility 1Y1.37%3.86%
Max drawdown-9.61%-14.75%

Similar to NEAR and BYLD