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NEAR vs IWB

iShares Short Duration Bond Active ETF vs iShares Russell 1000 ETF

NEAR

iShares Short Duration Bond Active ETF

Annual cost

0.25%

Fund size

$4.6B

IWB

iShares Russell 1000 ETF

Annual cost

0.15%

Fund size

$48.9B

Key differences

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

  • NEAR is a fixed income fund, while IWB is an equity fund. They carry different risk/return profiles.
  • NEAR follows a active selection strategy; IWB uses index tracking.
  • 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

NEARIWB
Annual cost (TER)0.25%0.15%
Fund size (AUM)$4.6B$48.9B
Since20132000
Dividend yield4.47%0.91%
Asset classfixed incomeequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+3.9%+24.3%
CAGR 3Y+5.6%+22.2%
CAGR 5Y+3.8%+12.6%
Sharpe 3Y1.131.17
Volatility 1Y1.38%12.22%
Max drawdown-9.61%-34.60%

Similar to NEAR and IWB