NEAR vs. DDV
NEAR (iShares Short Duration Bond Active ETF) and DDV (Defined Duration 5 ETF) are both exchange-traded funds - NEAR is a Short-Term Bond fund actively managed by iShares, while DDV is a Intermediate Core Bond fund actively managed by Discipline Funds. Both are actively managed. A 0.63 correlation means they provide meaningful diversification when combined. Both charge a 0.25% expense ratio.
Performance
NEAR vs. DDV - Performance Comparison
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Returns By Period
In the year-to-date period, NEAR achieves a 0.75% return, which is significantly lower than DDV's 2.21% return.
NEAR
- 1D
- 0.02%
- 1M
- 0.17%
- YTD
- 0.75%
- 6M
- 1.25%
- 1Y
- 4.14%
- 3Y*
- 5.63%
- 5Y*
- 3.86%
- 10Y*
- 2.85%
DDV
- 1D
- -0.02%
- 1M
- 0.49%
- YTD
- 2.21%
- 6M
- 2.67%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NEAR vs. DDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NEAR iShares Short Duration Bond Active ETF | 0.75% | 0.83% |
DDV Defined Duration 5 ETF | 2.21% | 0.71% |
Correlation
The correlation between NEAR and DDV is 0.63, 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 14, 2025 | 0.63 |
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Return for Risk
NEAR vs. DDV — Risk / Return Rank
NEAR
DDV
NEAR vs. DDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Short Duration Bond Active ETF (NEAR) and Defined Duration 5 ETF (DDV). 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.
| NEAR | DDV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.64 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 3.67 | — | — |
| Martin ratioReturn relative to average drawdown | 16.84 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NEAR | DDV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.08 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.90 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.15 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.09 | 2.04 | -0.95 |
Drawdowns
NEAR vs. DDV - Drawdown Comparison
The maximum NEAR drawdown since its inception was -9.61%, which is greater than DDV's maximum drawdown of -1.92%. Use the drawdown chart below to compare losses from any high point for NEAR and DDV.
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Drawdown Indicators
| NEAR | DDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.61% | -1.92% | -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 | -0.07% | -0.14% | +0.07% |
Average DrawdownAverage peak-to-trough decline | -0.16% | -0.35% | +0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.25% | — | — |
Volatility
NEAR vs. DDV - Volatility Comparison
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Volatility by Period
| NEAR | DDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.37% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 0.99% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 1.36% | 2.67% | -1.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.34% | 2.67% | -1.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.50% | 2.67% | -0.17% |
NEAR vs. DDV - Expense Ratio Comparison
Both NEAR and DDV 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
NEAR vs. DDV - Dividend Comparison
NEAR's dividend yield for the trailing twelve months is around 4.43%, more than DDV's 1.21% 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
NEAR and DDV have a correlation of 0.63, 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.
NEAR and DDV have the same expense ratio: 0.25% per year.
NEAR has the higher dividend yield at 4.43%, compared with 1.21% for DDV.
NEAR is categorized as Short-Term Bond, while DDV is Intermediate Core Bond. They also come from different issuers: iShares and Discipline Funds.
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