BPH vs. NEAR
BPH (BP p.l.c. ADRhedged ETF) and NEAR (iShares Short Duration Bond Active ETF) are both exchange-traded funds - BPH is a Energy Equities fund actively managed by Precidian, while NEAR is a Short-Term Bond fund actively managed by iShares. Both are actively managed. At a correlation of -0.44, they often move in opposite directions. BPH charges 0.19%/yr vs 0.25%/yr for NEAR.
Performance
BPH vs. NEAR - Performance Comparison
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Returns By Period
BPH
- 1D
- -0.55%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NEAR
- 1D
- 0.10%
- 1M
- 0.21%
- YTD
- 0.73%
- 6M
- 0.96%
- 1Y
- 3.76%
- 3Y*
- 5.52%
- 5Y*
- 3.86%
- 10Y*
- 2.85%
BPH vs. NEAR - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
BPH BP p.l.c. ADRhedged ETF | -5.53% |
NEAR iShares Short Duration Bond Active ETF | 0.21% |
Correlation
The correlation between BPH and NEAR is -0.44, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 26, 2026 | -0.44 |
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Return for Risk
BPH vs. NEAR — Risk / Return Rank
BPH
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NEAR
BPH vs. NEAR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BP p.l.c. ADRhedged ETF (BPH) and iShares Short Duration Bond Active ETF (NEAR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BPH | NEAR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.55 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.33 | — |
| Martin ratioReturn relative to average drawdown | — | 15.13 | — |
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Drawdowns
BPH vs. NEAR - Drawdown Comparison
The maximum BPH drawdown since its inception was -9.43%, roughly equal to the maximum NEAR drawdown of -9.61%. Use the drawdown chart below to compare losses from any high point for BPH and NEAR.
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Drawdown Indicators
| BPH | NEAR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.43% | -9.61% | +0.18% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.13% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -1.16% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -1.32% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -9.61% | — |
Current DrawdownCurrent decline from peak | -8.71% | -0.14% | -8.57% |
Average DrawdownAverage peak-to-trough decline | -3.18% | -0.16% | -3.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.25% | — |
Volatility
BPH vs. NEAR - Volatility Comparison
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Volatility by Period
| BPH | NEAR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.49% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.06% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 24.10% | 1.39% | +22.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.10% | 1.35% | +22.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.10% | 2.50% | +21.60% |
BPH vs. NEAR - Expense Ratio Comparison
BPH has a 0.19% expense ratio, which is lower than NEAR's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
BPH vs. NEAR - Dividend Comparison
BPH's dividend yield for the trailing twelve months is around 0.53%, less than NEAR's 4.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BPH BP p.l.c. ADRhedged ETF | 0.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEAR iShares Short Duration Bond Active ETF | 4.44% | 4.54% | 5.00% | 4.59% | 1.78% | 0.76% | 1.53% | 2.69% | 2.25% | 1.52% | 1.07% | 0.85% |
Frequently Asked Questions
BPH and NEAR have a correlation of -0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, BPH is cheaper at 0.19% per year. The better choice depends on whether you care most about return, fees, risk, or income.
BPH is cheaper with a 0.19% expense ratio, compared with 0.25% for NEAR.
NEAR has the higher dividend yield at 4.44%, compared with 0.53% for BPH.
BPH is categorized as Energy Equities, while NEAR is Short-Term Bond. They also come from different issuers: Precidian and iShares. Their fees differ too: 0.19% for BPH and 0.25% for NEAR.
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