MATX vs. NEAR
Compare and contrast key facts about Matson, Inc. (MATX) and iShares Short Maturity Bond ETF (NEAR).
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: MATX or NEAR.
Correlation
The correlation between MATX and NEAR is 0.03, 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.
Performance
MATX vs. NEAR - Performance Comparison
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Key characteristics
MATX:
0.01
NEAR:
2.96
MATX:
0.36
NEAR:
4.45
MATX:
1.05
NEAR:
1.67
MATX:
0.02
NEAR:
5.37
MATX:
0.06
NEAR:
20.55
MATX:
16.71%
NEAR:
0.30%
MATX:
44.11%
NEAR:
2.07%
MATX:
-70.57%
NEAR:
-9.61%
MATX:
-30.89%
NEAR:
-0.42%
Returns By Period
In the year-to-date period, MATX achieves a -14.21% return, which is significantly lower than NEAR's 2.05% return. Over the past 10 years, MATX has outperformed NEAR with an annualized return of 12.48%, while NEAR has yielded a comparatively lower 2.50% annualized return.
MATX
-14.21%
17.84%
-28.00%
0.64%
37.86%
12.48%
NEAR
2.05%
0.63%
2.86%
6.09%
3.47%
2.50%
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Risk-Adjusted Performance
MATX vs. NEAR — Risk-Adjusted Performance Rank
MATX
NEAR
MATX vs. NEAR - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Matson, Inc. (MATX) 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.
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Dividends
MATX vs. NEAR - Dividend Comparison
MATX's dividend yield for the trailing twelve months is around 1.18%, less than NEAR's 4.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MATX Matson, Inc. | 1.18% | 0.98% | 1.15% | 1.95% | 1.18% | 1.58% | 2.11% | 2.56% | 2.61% | 2.09% | 1.64% | 1.91% |
NEAR iShares Short Maturity Bond ETF | 4.90% | 5.00% | 4.59% | 1.78% | 0.76% | 1.53% | 2.69% | 2.25% | 1.52% | 1.07% | 0.85% | 0.85% |
Drawdowns
MATX vs. NEAR - Drawdown Comparison
The maximum MATX drawdown since its inception was -70.57%, which is greater than NEAR's maximum drawdown of -9.61%. Use the drawdown chart below to compare losses from any high point for MATX and NEAR. For additional features, visit the drawdowns tool.
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Volatility
MATX vs. NEAR - Volatility Comparison
Matson, Inc. (MATX) has a higher volatility of 26.97% compared to iShares Short Maturity Bond ETF (NEAR) at 0.80%. This indicates that MATX'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.
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