MATX vs. NEAR
MATX (Matson, Inc.) is a stock, while NEAR (iShares Short Duration Bond Active ETF) is Short-Term Bond fund actively managed by iShares. Over the past 10 years, MATX returned 20.47%/yr vs 2.86%/yr for NEAR. Their 0.01 correlation means their historical movements had little consistent relationship.
Performance
MATX vs. NEAR - Performance Comparison
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Returns By Period
In the year-to-date period, MATX achieves a 64.66% return, which is significantly higher than NEAR's 1.02% return. Over the past 10 years, MATX has outperformed NEAR with an annualized return of 20.47%, while NEAR has yielded a comparatively lower 2.86% annualized return.
MATX
- 1D
- -0.52%
- 1M
- -0.46%
- 6M
- 26.91%
- YTD
- 64.66%
- 1Y
- 89.41%
- 3Y*
- 30.66%
- 5Y*
- 26.37%
- 10Y*
- 20.47%
- ALL TIME*
- 10.52%
NEAR
- 1D
- 0.02%
- 1M
- 0.05%
- 6M
- 0.65%
- YTD
- 1.02%
- 1Y
- 3.25%
- 3Y*
- 5.41%
- 5Y*
- 3.91%
- 10Y*
- 2.86%
- ALL TIME*
- 2.43%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
MATX Matson, Inc. | $60.53M | $65.75M | $56.66M |
| $20.32M | $23.15M | $29.48M |
MATX vs. NEAR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MATX Matson, Inc. | 64.66% | -7.21% | 24.30% | 78.20% | -29.53% | 60.35% | 43.05% | 30.32% | 9.78% | -13.51% |
NEAR iShares Short Duration Bond Active ETF | 1.02% | 5.90% | 5.09% | 7.42% | 0.41% | 0.32% | 1.39% | 3.55% | 1.71% | 1.41% |
Correlation
The correlation between MATX and NEAR is 0.17, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.17 |
Correlation (3Y) Balances recent behavior with more history. | 0.06 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.04 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.01 |
Correlation (All Time) Calculated using the full available price history since Sep 26, 2013 | 0.01 |
The correlation between MATX and NEAR shifts across timeframes, from 0.01 (all time) to 0.17 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
MATX vs. NEAR — Risk / Return Rank
MATX
NEAR
MATX vs. NEAR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Matson, Inc. (MATX) 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.
| MATX | NEAR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | 0.00 | ||
| Sortino ratioReturn per unit of downside risk | -0.24 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.50 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 4.12 | 3.04 | +1.07 |
| Martin ratioReturn relative to average drawdown | 13.52 | 13.71 | -0.19 |
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Drawdowns
MATX vs. NEAR - Drawdown Comparison
The maximum MATX drawdown since its inception was -71.40%, 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.
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Drawdown Indicators
| MATX | NEAR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.40% | -9.61% | -61.79% |
Max Drawdown (1Y)Largest decline over 1 year | -22.40% | -1.13% | -21.27% |
Max Drawdown (3Y)Largest decline over 3 years | -46.90% | -1.16% | -45.74% |
Max Drawdown (5Y)Largest decline over 5 years | -53.63% | -1.32% | -52.31% |
Max Drawdown (10Y)Largest decline over 10 years | -53.63% | -9.61% | -44.02% |
Current DrawdownCurrent decline from peak | -9.38% | 0.00% | -9.38% |
Average DrawdownAverage peak-to-trough decline | -31.11% | -0.16% | -30.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.81% | 0.25% | +6.56% |
Volatility
MATX vs. NEAR - Volatility Comparison
Matson, Inc. (MATX) has a higher volatility of 9.82% compared to iShares Short Duration Bond Active ETF (NEAR) at 0.33%. 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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Volatility by Period
| MATX | NEAR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.82% | 0.33% | +9.49% |
Volatility (6M)Calculated over the trailing 6-month period | 23.80% | 1.09% | +22.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.56% | 1.38% | +35.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.71% | 1.36% | +38.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 42.22% | 2.50% | +39.72% |
Dividends
MATX vs. NEAR - Dividend Comparison
MATX's dividend yield for the trailing twelve months is around 0.71%, less than NEAR's 4.42% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MATX Matson, Inc. | 0.71% | 1.13% | 0.98% | 1.15% | 1.95% | 1.18% | 1.58% | 2.11% | 2.56% | 2.61% | 2.09% | 1.64% |
NEAR iShares Short Duration Bond Active ETF | 4.06% | 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
MATX and NEAR have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MATX has higher volatility (9.82%) compared to NEAR (0.33%). In terms of maximum drawdown, MATX dropped -71.40% vs NEAR's -9.61%.
NEAR currently has the higher Sharpe Ratio (2.52 vs 2.52), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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