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OND vs NEAR

ProShares On-Demand ETF vs iShares Short Duration Bond Active ETF

OND

ProShares On-Demand ETF

Annual cost

0.58%

Fund size

$4M

NEAR

iShares Short Duration Bond Active ETF

Annual cost

0.25%

Fund size

$4.6B

Key differences

OND is an equity ETF, while NEAR is a fixed income ETF. OND charges 0.58% a year and NEAR 0.25%.

  • OND is an equity fund, while NEAR is a fixed income fund. They carry different risk/return profiles.
  • OND follows a index tracking strategy; NEAR uses active selection.
  • OND covers global markets; NEAR covers North America.
  • NEAR costs 0.33% less per year.
  • NEAR is much larger than OND. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, OND has delivered higher annualized returns.
  • NEAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

ONDNEAR
Annual cost (TER)0.58%0.25%
Fund size (AUM)$4M$4.6B
Since20212013
Dividend yield0.00%4.47%
Asset classequityfixed income
Regionglobalnorth america
Strategyindex trackingactive selection
CAGR 1Y-15.5%+4.1%
CAGR 3Y+15.3%+5.6%
CAGR 5YN/A+3.9%
Sharpe 3Y0.611.18
Volatility 1Y20.73%1.37%
Max drawdown-59.02%-9.61%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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