DDV vs. NEAR
DDV (Defined Duration 5 ETF) and NEAR (iShares Short Duration Bond Active ETF) are both exchange-traded funds - DDV is a Intermediate Core Bond fund actively managed by Discipline Funds, while NEAR is a Short-Term Bond fund actively managed by iShares. Both are actively managed. A 0.60 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
DDV vs. NEAR - Performance Comparison
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Returns By Period
In the year-to-date period, DDV achieves a 2.29% return, which is significantly higher than NEAR's 0.83% return.
DDV
- 1D
- 0.16%
- 1M
- 0.36%
- YTD
- 2.29%
- 6M
- 2.30%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NEAR
- 1D
- 0.10%
- 1M
- 0.31%
- YTD
- 0.83%
- 6M
- 0.94%
- 1Y
- 3.69%
- 3Y*
- 5.55%
- 5Y*
- 3.88%
- 10Y*
- 2.86%
DDV vs. NEAR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
DDV Defined Duration 5 ETF | 2.29% | 0.47% |
NEAR iShares Short Duration Bond Active ETF | 0.83% | 0.75% |
Correlation
The correlation between DDV and NEAR is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Nov 13, 2025 | 0.60 |
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Return for Risk
DDV vs. NEAR — Risk / Return Rank
DDV
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NEAR
DDV vs. NEAR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defined Duration 5 ETF (DDV) 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.
| DDV | NEAR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.54 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 3.27 | — |
| Martin ratioReturn relative to average drawdown | — | 14.85 | — |
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Drawdowns
DDV vs. NEAR - Drawdown Comparison
The maximum DDV drawdown since its inception was -1.92%, smaller than the maximum NEAR drawdown of -9.61%. Use the drawdown chart below to compare losses from any high point for DDV and NEAR.
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Drawdown Indicators
| DDV | NEAR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.92% | -9.61% | +7.69% |
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 | -0.16% | -0.04% | -0.12% |
Average DrawdownAverage peak-to-trough decline | -0.35% | -0.16% | -0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.25% | — |
Volatility
DDV vs. NEAR - Volatility Comparison
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Volatility by Period
| DDV | NEAR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.49% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.07% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.68% | 1.39% | +1.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.68% | 1.35% | +1.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.68% | 2.50% | +0.18% |
DDV vs. NEAR - Expense Ratio Comparison
Both DDV and NEAR have an expense ratio of 0.25%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
DDV vs. NEAR - Dividend Comparison
DDV's dividend yield for the trailing twelve months is around 1.21%, less than NEAR's 4.43% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DDV Defined Duration 5 ETF | 1.21% | 0.42% | 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 | 4.43% | 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
DDV and NEAR have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.25% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
DDV and NEAR have the same expense ratio: 0.25% per year.
NEAR has the higher dividend yield at 4.43%, compared with 1.21% for DDV.
DDV is categorized as Intermediate Core Bond, while NEAR is Short-Term Bond. They also come from different issuers: Discipline Funds and iShares.
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