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NEAR vs SMMU

iShares Short Duration Bond Active ETF vs PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

NEAR

iShares Short Duration Bond Active ETF

Annual cost

0.25%

Fund size

$4.3B

SMMU

PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

Annual cost

0.35%

Fund size

$1.1B

Key differences

  • NEAR costs 0.10% less per year.
  • NEAR is significantly larger than SMMU — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, NEAR has delivered higher annualized returns.

Side-by-side comparison

NEARSMMU
Annual cost (TER)0.25%0.35%
Fund size (AUM)$4.3B$1.1B
Since20132010
Dividend yield4.48%2.79%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+4.5%+4.0%
CAGR 3Y+5.7%+3.8%
CAGR 5Y+3.9%+1.9%
Sharpe 3Y1.240.10
Volatility 1Y1.37%1.03%
Max drawdown-9.61%-5.09%

Similar to NEAR and SMMU