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NEAR vs SPLB

iShares Short Duration Bond Active ETF vs State Street SPDR Portfolio Long Term Corporate Bond ETF

NEAR

iShares Short Duration Bond Active ETF

iShares

Annual cost

0.25%

Fund size

$4.3B

SPLB

State Street SPDR Portfolio Long Term Corporate Bond ETF

State Street Investment Management

Annual cost

0.04%

Fund size

$1.3B

Key differences

  • SPLB costs 0.21% less per year.
  • NEAR is significantly larger than SPLB — larger funds tend to be more liquid and less likely to close.
  • NEAR follows a active selection strategy; SPLB uses index tracking.
  • Over the last 3 years, NEAR has delivered higher annualized returns.

Side-by-side comparison

NEARSPLB
Annual cost (TER)0.25%0.04%
Fund size (AUM)$4.3B$1.3B
Since20132009
Dividend yield4.48%5.39%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+4.5%+9.1%
CAGR 3Y+5.7%+4.7%
CAGR 5Y+3.9%-1.5%
Sharpe 3Y1.230.15
Volatility 1Y1.37%8.24%
Max drawdown-9.61%-34.46%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to NEAR and SPLB