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NEAR vs PSDM

iShares Short Duration Bond Active ETF vs PGIM Short Duration Multi-Secto

NEAR

iShares Short Duration Bond Active ETF

Annual cost

0.25%

Fund size

$4.3B

PSDM

PGIM Short Duration Multi-Secto

Annual cost

0.40%

Fund size

$185M

Key differences

  • NEAR costs 0.15% less per year.
  • NEAR is significantly larger than PSDM — larger funds tend to be more liquid and less likely to close.
  • NEAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

NEARPSDM
Annual cost (TER)0.25%0.40%
Fund size (AUM)$4.3B$185M
Since20132023
Dividend yield4.48%4.81%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+4.5%+5.2%
CAGR 3Y+5.7%N/A
CAGR 5Y+3.9%N/A
Sharpe 3Y1.24N/A
Volatility 1Y1.37%1.68%
Max drawdown-9.61%-1.19%

Similar to NEAR and PSDM