PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
NEAR vs. EFV
Performance
Return for Risk
Drawdowns
Volatility
Dividends

NEAR vs. EFV

Last updated Jun 13, 2026

NEAR (iShares Short Duration Bond Active ETF) and EFV (iShares MSCI EAFE Value ETF) are both exchange-traded funds - NEAR is a Short-Term Bond fund actively managed by iShares, while EFV is a Foreign Large Cap Equities fund tracking the MSCI EAFE Value Index. NEAR is actively managed, while EFV is passively managed. Over the past 10 years, NEAR returned 2.85%/yr vs 10.55%/yr for EFV. At a 0.07 correlation, their price movements are largely independent. NEAR charges 0.25%/yr vs 0.39%/yr for EFV.

Performance

NEAR vs. EFV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Short Duration Bond Active ETF (NEAR) and iShares MSCI EAFE Value ETF (EFV). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, NEAR achieves a 0.79% return, which is significantly lower than EFV's 10.56% return. Over the past 10 years, NEAR has underperformed EFV with an annualized return of 2.85%, while EFV has yielded a comparatively higher 10.55% annualized return.

NEAR

1D
-0.03%
1M
0.15%
YTD
0.79%
6M
1.16%
1Y
4.05%
3Y*
5.61%
5Y*
3.87%
10Y*
2.85%

EFV

1D
0.48%
1M
0.52%
YTD
10.56%
6M
12.39%
1Y
27.62%
3Y*
21.79%
5Y*
12.36%
10Y*
10.55%
*Multi-year figures are annualized to reflect compound growth (CAGR)

NEAR vs. EFV - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
NEAR
iShares Short Duration Bond Active ETF		0.79%5.90%5.09%7.42%0.41%0.32%1.39%3.55%1.71%1.41%
EFV
iShares MSCI EAFE Value ETF		10.56%42.22%5.35%18.85%-5.22%11.08%-2.97%15.80%-14.67%21.22%

Correlation

The correlation between NEAR and EFV is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.38

Correlation (3Y)
Calculated over the trailing 3-year period

0.27

Correlation (5Y)
Calculated over the trailing 5-year period

0.20

Correlation (10Y)
Calculated over the trailing 10-year period

0.11

Correlation (All Time)
Calculated using the full available price history since Sep 26, 2013

0.07

Over the past year, NEAR and EFV have become more correlated (0.38) than their long-term average of 0.07, meaning their price movements have been converging.

NEAR vs. EFV - Sectors Allocation Comparison

Sectors
NEAR
EFV

Financial Services

0.1%
37.3%

Basic Materials

-

6.5%

Consumer Cyclical

-

6.0%

Consumer Defensive

-

9.5%

Energy

-

6.8%

Healthcare

-

7.4%

Industrials

-

9.6%

Real Estate

-

2.7%

Technology

-

3.2%

Utilities

-

5.7%

Communication Services

-0.0%
4.4%

Financial Services

NEAR
0.1%
EFV
37.3%

Basic Materials

NEAR

-

EFV
6.5%

Consumer Cyclical

NEAR

-

EFV
6.0%

Consumer Defensive

NEAR

-

EFV
9.5%

Energy

NEAR

-

EFV
6.8%

Healthcare

NEAR

-

EFV
7.4%

Industrials

NEAR

-

EFV
9.6%

Real Estate

NEAR

-

EFV
2.7%

Technology

NEAR

-

EFV
3.2%

Utilities

NEAR

-

EFV
5.7%

Communication Services

NEAR
-0.0%
EFV
4.4%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Short Duration Bond Active ETF

iShares MSCI EAFE Value ETF

Often compared with NEAR:
NEAR vs. SGOVNEAR vs. JPSTNEAR vs. MINTNEAR vs. FLOTNEAR vs. SHVNEAR vs. GSYNEAR vs. GSST
Often compared with EFV:
EFV vs. VEAEFV vs. EFAVEFV vs. DFIVXEFV vs. FIVAEFV vs. VOOEFV vs. VTRIXEFV vs. SCHF

Return for Risk

NEAR vs. EFV — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
NEAR
NEAR Risk / Return Rank: 9090
Overall Rank
NEAR Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
NEAR Sortino Ratio Rank: 9595
Sortino Ratio Rank
NEAR Omega Ratio Rank: 9494
Omega Ratio Rank
NEAR Calmar Ratio Rank: 7979
Calmar Ratio Rank
NEAR Martin Ratio Rank: 8888
Martin Ratio Rank
EFV
EFV Risk / Return Rank: 6464
Overall Rank
EFV Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
EFV Sortino Ratio Rank: 6767
Sortino Ratio Rank
EFV Omega Ratio Rank: 6666
Omega Ratio Rank
EFV Calmar Ratio Rank: 5858
Calmar Ratio Rank
EFV Martin Ratio Rank: 6060
Martin Ratio Rank
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.

NEAR vs. EFV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Short Duration Bond Active ETF (NEAR) and iShares MSCI EAFE Value ETF (EFV). 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.

NEAREFVDifference
Sharpe ratioReturn per unit of total volatility
2.99
1.90

+1.09

Sortino ratioReturn per unit of downside risk
4.71
2.65

+2.07

Omega ratioGain probability vs. loss probability

1.62

1.34

+0.28

Calmar ratioReturn relative to maximum drawdown

3.59

2.55

+1.04

Martin ratioReturn relative to average drawdown

16.36

9.40

+6.97

NEAR vs. EFV - Sharpe Ratio Comparison

The current NEAR Sharpe Ratio is 2.99, which is higher than the EFV Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of NEAR and EFV, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Drawdowns

NEAR vs. EFV - Drawdown Comparison

The maximum NEAR drawdown since its inception was -9.61%, smaller than the maximum EFV drawdown of -63.94%. Use the drawdown chart below to compare losses from any high point for NEAR and EFV.

Loading charts...

Drawdown Indicators

NEAREFVDifference

Max Drawdown

Largest peak-to-trough decline

-9.61%

-63.94%

+54.33%

Max Drawdown (1Y)

Largest decline over 1 year

-1.13%

-10.90%

+9.77%

Max Drawdown (3Y)

Largest decline over 3 years

-1.16%

-13.72%

+12.56%

Max Drawdown (5Y)

Largest decline over 5 years

-1.32%

-25.84%

+24.52%

Max Drawdown (10Y)

Largest decline over 10 years

-9.61%

-43.16%

+33.55%

Current Drawdown

Current decline from peak

-0.03%

-1.24%

+1.21%

Average Drawdown

Average peak-to-trough decline

-0.16%

-14.81%

+14.65%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.25%

2.96%

-2.71%

Volatility

NEAR vs. EFV - Volatility Comparison

The current volatility for iShares Short Duration Bond Active ETF (NEAR) is 0.44%, while iShares MSCI EAFE Value ETF (EFV) has a volatility of 4.62%. This indicates that NEAR experiences smaller price fluctuations and is considered to be less risky than EFV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

NEAREFVDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.44%

4.62%

-4.18%

Volatility (6M)

Calculated over the trailing 6-month period

1.02%

11.98%

-10.96%

Volatility (1Y)

Calculated over the trailing 1-year period

1.36%

14.58%

-13.22%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.34%

16.02%

-14.68%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.50%

17.85%

-15.35%

NEAR vs. EFV - Expense Ratio Comparison

NEAR has a 0.25% expense ratio, which is lower than EFV's 0.39% expense ratio.

Dividends

NEAR vs. EFV - Dividend Comparison

NEAR's dividend yield for the trailing twelve months is around 4.43%, more than EFV's 3.76% yield.

PositionTTM20252024202320222021202020192018201720162015
EFV
iShares MSCI EAFE Value ETF		3.76%4.16%4.66%4.36%4.17%4.07%2.42%4.62%4.56%3.56%3.28%3.59%
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 EFV have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

EFV has higher volatility (4.62%) compared to NEAR (0.44%). In terms of maximum drawdown, NEAR dropped -9.61% vs EFV's -63.94%.

On 10-year performance, EFV leads with 10.55% vs 2.85% for NEAR. On fees, NEAR is cheaper at 0.25% per year. On volatility, NEAR has been the lower-risk option at 0.44%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, EFV has performed better with a 10.55% return vs 2.85%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

NEAR is cheaper with a 0.25% expense ratio, compared with 0.39% for EFV.

NEAR has the higher dividend yield at 4.43%, compared with 3.76% for EFV.

NEAR is categorized as Short-Term Bond, while EFV is Foreign Large Cap Equities. Their fees differ too: 0.25% for NEAR and 0.39% for EFV.

NEAR currently has the higher Sharpe Ratio (2.99 vs 1.90), 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.

Portfolio Optimizer

Find the right allocation for NEAR and EFV

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer