Screener
OVT vs NEAR
Overlay Shares Short Term Bond ETF vs iShares Short Duration Bond Active ETF
Key differences
Both OVT and NEAR are fixed income ETFs. OVT charges 0.79% a year and NEAR 0.25%. The main difference: OVT follows a option income strategy; NEAR uses active selection.
- OVT follows a option income strategy; NEAR uses active selection.
- NEAR costs 0.54% less per year.
- NEAR is much larger than OVT. Larger funds are usually more liquid and less likely to close.
- Over the last three years, OVT has delivered higher annualized returns.
- NEAR has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| OVT | NEAR | |
|---|---|---|
| Annual cost (TER) | 0.79% | 0.25% |
| Fund size (AUM) | $61M | $4.6B |
| Since | 2021 | 2013 |
| Dividend yield | 8.11% | 4.47% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | option income | active selection |
| CAGR 1Y | +8.3% | +4.1% |
| CAGR 3Y | +7.4% | +5.6% |
| CAGR 5Y | +2.9% | +3.9% |
| Sharpe 3Y | 0.88 | 1.18 |
| Volatility 1Y | 3.56% | 1.37% |
| Max drawdown | -13.59% | -9.61% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.