DFSD vs. NEAR
Compare and contrast key facts about Dimensional Short-Duration Fixed Income ETF (DFSD) and iShares Short Maturity Bond ETF (NEAR).
DFSD and NEAR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. DFSD is an actively managed fund by Dimensional. It was launched on Nov 15, 2021. NEAR is an actively managed fund by iShares. It was launched on Sep 25, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DFSD or NEAR.
Correlation
The correlation between DFSD and NEAR is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
DFSD vs. NEAR - Performance Comparison
Key characteristics
DFSD:
2.10
NEAR:
3.16
DFSD:
2.82
NEAR:
4.68
DFSD:
1.44
NEAR:
1.65
DFSD:
2.64
NEAR:
6.93
DFSD:
14.36
NEAR:
18.92
DFSD:
0.28%
NEAR:
0.28%
DFSD:
1.90%
NEAR:
1.68%
DFSD:
-8.45%
NEAR:
-9.60%
DFSD:
-1.52%
NEAR:
-0.34%
Returns By Period
In the year-to-date period, DFSD achieves a 3.40% return, which is significantly lower than NEAR's 4.76% return.
DFSD
3.40%
-0.83%
1.58%
3.89%
N/A
N/A
NEAR
4.76%
0.37%
3.10%
5.19%
2.85%
2.31%
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DFSD vs. NEAR - Expense Ratio Comparison
DFSD has a 0.16% 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%.
Risk-Adjusted Performance
DFSD vs. NEAR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Dimensional Short-Duration Fixed Income ETF (DFSD) and iShares Short Maturity Bond 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.
Dividends
DFSD vs. NEAR - Dividend Comparison
DFSD's dividend yield for the trailing twelve months is around 3.94%, less than NEAR's 5.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DFSD Dimensional Short-Duration Fixed Income ETF | 3.94% | 3.89% | 2.11% | 0.11% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NEAR iShares Short Maturity Bond ETF | 5.02% | 4.58% | 1.78% | 0.76% | 1.53% | 2.69% | 2.25% | 1.52% | 1.07% | 0.85% | 0.85% | 0.15% |
Drawdowns
DFSD vs. NEAR - Drawdown Comparison
The maximum DFSD drawdown since its inception was -8.45%, smaller than the maximum NEAR drawdown of -9.60%. Use the drawdown chart below to compare losses from any high point for DFSD and NEAR. For additional features, visit the drawdowns tool.
Volatility
DFSD vs. NEAR - Volatility Comparison
Dimensional Short-Duration Fixed Income ETF (DFSD) has a higher volatility of 1.06% compared to iShares Short Maturity Bond ETF (NEAR) at 0.48%. This indicates that DFSD's price experiences larger fluctuations and is considered to be riskier than NEAR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.