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SPLB vs NEAR

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

SPLB

State Street SPDR Portfolio Long Term Corporate Bond ETF

State Street Investment Management

Annual cost

0.04%

Fund size

$1.3B

NEAR

iShares Short Duration Bond Active ETF

iShares

Annual cost

0.25%

Fund size

$4.3B

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.
  • SPLB follows a index tracking strategy; NEAR uses active selection.
  • Over the last 3 years, NEAR has delivered higher annualized returns.

Side-by-side comparison

SPLBNEAR
Annual cost (TER)0.04%0.25%
Fund size (AUM)$1.3B$4.3B
Since20092013
Dividend yield5.39%4.48%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+9.1%+4.5%
CAGR 3Y+4.7%+5.7%
CAGR 5Y-1.5%+3.9%
Sharpe 3Y0.151.23
Volatility 1Y8.24%1.37%
Max drawdown-34.46%-9.61%

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

Similar to SPLB and NEAR