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NEAR vs IGIB

iShares Short Duration Bond Active ETF vs iShares 5-10 Year Investment Grade Corporate Bond ETF

NEAR

iShares Short Duration Bond Active ETF

Annual cost

0.25%

Fund size

$4.3B

IGIB

iShares 5-10 Year Investment Grade Corporate Bond ETF

Annual cost

0.04%

Fund size

$17.9B

Key differences

  • IGIB costs 0.21% less per year.
  • IGIB is significantly larger than NEAR — larger funds tend to be more liquid and less likely to close.
  • NEAR follows a active selection strategy; IGIB uses index tracking.
  • IGIB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NEARIGIB
Annual cost (TER)0.25%0.04%
Fund size (AUM)$4.3B$17.9B
Since20132007
Dividend yield4.48%4.73%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.5%+7.2%
CAGR 3Y+5.7%+6.5%
CAGR 5Y+3.9%+1.6%
Sharpe 3Y1.240.52
Volatility 1Y1.37%4.16%
Max drawdown-9.61%-20.63%

Similar to NEAR and IGIB