NEAR vs. GSST
Compare and contrast key facts about iShares Short Maturity Bond ETF (NEAR) and Goldman Sachs Access Ultra Short Bond ETF (GSST).
NEAR and GSST are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NEAR is an actively managed fund by iShares. It was launched on Sep 25, 2013. GSST is an actively managed fund by Goldman Sachs. It was launched on Apr 15, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NEAR or GSST.
Correlation
The correlation between NEAR and GSST is 0.01, 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
NEAR vs. GSST - Performance Comparison
Key characteristics
NEAR:
3.43
GSST:
8.14
NEAR:
5.09
GSST:
15.59
NEAR:
1.80
GSST:
4.22
NEAR:
5.91
GSST:
23.91
NEAR:
23.82
GSST:
159.25
NEAR:
0.29%
GSST:
0.04%
NEAR:
2.00%
GSST:
0.73%
NEAR:
-9.60%
GSST:
-3.51%
NEAR:
-0.22%
GSST:
0.00%
Returns By Period
In the year-to-date period, NEAR achieves a 1.91% return, which is significantly higher than GSST's 1.60% return.
NEAR
1.91%
0.68%
2.59%
6.75%
3.61%
2.49%
GSST
1.60%
0.31%
2.50%
5.87%
3.24%
N/A
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NEAR vs. GSST - Expense Ratio Comparison
NEAR has a 0.25% expense ratio, which is higher than GSST's 0.16% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
NEAR vs. GSST — Risk-Adjusted Performance Rank
NEAR
GSST
NEAR vs. GSST - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Short Maturity Bond ETF (NEAR) and Goldman Sachs Access Ultra Short Bond ETF (GSST). 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.
Dividends
NEAR vs. GSST - Dividend Comparison
NEAR's dividend yield for the trailing twelve months is around 4.90%, less than GSST's 5.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
GSST Goldman Sachs Access Ultra Short Bond ETF | 5.30% | 5.45% | 4.98% | 1.97% | 0.71% | 1.12% | 1.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
NEAR vs. GSST - Drawdown Comparison
The maximum NEAR drawdown since its inception was -9.60%, which is greater than GSST's maximum drawdown of -3.51%. Use the drawdown chart below to compare losses from any high point for NEAR and GSST. For additional features, visit the drawdowns tool.
Volatility
NEAR vs. GSST - Volatility Comparison
iShares Short Maturity Bond ETF (NEAR) has a higher volatility of 1.29% compared to Goldman Sachs Access Ultra Short Bond ETF (GSST) at 0.47%. This indicates that NEAR's price experiences larger fluctuations and is considered to be riskier than GSST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.