IBDP vs. NEAR

Last updated Apr 1, 2026

Compare and contrast key facts about iShares iBonds Dec 2024 Term Corporate ETF (IBDP) and iShares Short Duration Bond Active ETF (NEAR).

IBDP and NEAR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBDP is a passively managed fund by iShares that tracks the performance of the Bloomberg December 2024 Maturity Corporate Index. It was launched on Mar 11, 2015. NEAR is an actively managed fund by iShares. It was launched on Sep 25, 2013.

Performance

IBDP vs. NEAR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds Dec 2024 Term Corporate ETF (IBDP) and iShares Short Duration Bond Active ETF (NEAR). The values are adjusted to include any dividend payments, if applicable.

IBDP vs. NEAR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
IBDP iShares iBonds Dec 2024 Term Corporate ETF	0.00%	0.00%	5.02%	5.16%	-3.89%	-0.64%	6.14%	11.00%	-1.37%	5.61%
NEAR iShares Short Duration Bond Active ETF	0.16%	5.90%	5.09%	7.42%	0.41%	0.32%	1.39%	3.55%	1.71%	1.41%

Returns By Period

IBDP

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NEAR

• 1D: 0.19%
• 1M: -0.66%
• YTD: 0.16%
• 6M: 1.39%
• 1Y: 4.52%
• 3Y*: 5.75%
• 5Y*: 3.77%
• 10Y*: 2.83%

*Multi-year figures are annualized to reflect compound growth (CAGR)

IBDP vs. NEAR - Expense Ratio Comparison

IBDP has a 0.10% 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%.

NEAR

iShares Short Duration Bond Active ETF

IBDP

iShares iBonds Dec 2024 Term Corporate ETF

Return for Risk

IBDP vs. NEAR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NEAR

NEAR Risk / Return Rank: 96
NEAR Sharpe Ratio Rank: 96
NEAR Sortino Ratio Rank: 97
NEAR Omega Ratio Rank: 97
NEAR Calmar Ratio Rank: 95
NEAR Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

IBDP vs. NEAR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2024 Term Corporate ETF (IBDP) 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IBDP	NEAR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.41	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	2.88	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.14	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	1.08	—

Correlation

The correlation between IBDP and NEAR is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IBDP vs. NEAR - Dividend Comparison

IBDP has not paid dividends to shareholders, while NEAR's dividend yield for the trailing twelve months is around 4.51%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
IBDP iShares iBonds Dec 2024 Term Corporate ETF	0.00%	0.00%	3.93%	3.01%	2.06%	1.86%	2.51%	3.15%	3.35%	3.15%	3.23%	3.74%
NEAR iShares Short Duration Bond Active ETF	4.51%	4.54%	5.00%	4.59%	1.78%	0.76%	1.53%	2.69%	2.25%	1.52%	1.07%	0.85%

Drawdowns

Drawdown Indicators

	IBDP	NEAR	Difference
Max Drawdown Largest peak-to-trough decline	—	-9.61%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-1.16%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-1.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-9.61%	—
Current Drawdown Current decline from peak	—	-0.66%	—
Average Drawdown Average peak-to-trough decline	—	-0.16%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.30%	—

Volatility

Volatility by Period

	IBDP	NEAR	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.93%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	1.88%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	1.32%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	2.49%	—