NEAR vs. LODI
NEAR (iShares Short Duration Bond Active ETF) and LODI (AAM SLC Low Duration Income ETF) are both Short-Term Bond funds. Both are actively managed. Over the past year, NEAR returned 4.31% vs 6.02% for LODI. A 0.53 correlation means they provide meaningful diversification when combined. NEAR charges 0.25%/yr vs 0.15%/yr for LODI.
Performance
NEAR vs. LODI - Performance Comparison
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Returns By Period
In the year-to-date period, NEAR achieves a 0.73% return, which is significantly lower than LODI's 1.88% return.
NEAR
- 1D
- 0.00%
- 1M
- 0.20%
- YTD
- 0.73%
- 6M
- 1.15%
- 1Y
- 4.31%
- 3Y*
- 5.64%
- 5Y*
- 3.86%
- 10Y*
- 2.85%
LODI
- 1D
- -0.04%
- 1M
- 0.50%
- YTD
- 1.88%
- 6M
- 2.26%
- 1Y
- 6.02%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
NEAR vs. LODI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
NEAR iShares Short Duration Bond Active ETF | 0.73% | 5.90% | 0.10% |
LODI AAM SLC Low Duration Income ETF | 1.88% | 6.04% | 0.26% |
Correlation
The correlation between NEAR and LODI is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.56 |
Correlation (All Time) Calculated using the full available price history since Dec 5, 2024 | 0.53 |
The correlation between NEAR and LODI has been stable across timeframes, ranging from 0.53 to 0.56 - a consistent structural relationship.
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Return for Risk
NEAR vs. LODI — Risk / Return Rank
NEAR
LODI
NEAR vs. LODI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Short Duration Bond Active ETF (NEAR) and AAM SLC Low Duration Income ETF (LODI). 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 | LODI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.67 | ||
| Sortino ratioReturn per unit of downside risk | +1.27 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 1.63 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.81 | 8.08 | -4.27 |
| Martin ratioReturn relative to average drawdown | 17.49 | 20.98 | -3.49 |
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 | LODI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.18 | 2.52 | +0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.90 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.14 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.09 | 2.37 | -1.28 |
Drawdowns
NEAR vs. LODI - Drawdown Comparison
The maximum NEAR drawdown since its inception was -9.61%, which is greater than LODI's maximum drawdown of -1.01%. Use the drawdown chart below to compare losses from any high point for NEAR and LODI.
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Drawdown Indicators
| NEAR | LODI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.61% | -1.01% | -8.60% |
Max Drawdown (1Y)Largest decline over 1 year | -1.13% | -0.75% | -0.38% |
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 | -0.09% | -0.04% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -0.16% | -0.21% | +0.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.25% | 0.29% | -0.04% |
Volatility
NEAR vs. LODI - Volatility Comparison
iShares Short Duration Bond Active ETF (NEAR) has a higher volatility of 0.37% compared to AAM SLC Low Duration Income ETF (LODI) at 0.31%. This indicates that NEAR's price experiences larger fluctuations and is considered to be riskier than LODI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEAR | LODI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.37% | 0.31% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 1.00% | 1.17% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.36% | 2.43% | -1.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.34% | 2.34% | -1.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.50% | 2.34% | +0.16% |
NEAR vs. LODI - Expense Ratio Comparison
NEAR has a 0.25% expense ratio, which is higher than LODI's 0.15% 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%.
Dividends
NEAR vs. LODI - Dividend Comparison
NEAR's dividend yield for the trailing twelve months is around 4.44%, less than LODI's 4.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LODI AAM SLC Low Duration Income ETF | 4.96% | 5.11% | 0.38% | 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 | 4.44% | 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 LODI have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
NEAR has higher volatility (0.37%) compared to LODI (0.31%). In terms of maximum drawdown, NEAR dropped -9.61% vs LODI's -1.01%.
On 1-year performance, LODI leads with 6.02% vs 4.31% for NEAR. On fees, LODI is cheaper at 0.15% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, LODI has performed better with a 6.02% return vs 4.31%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LODI is cheaper with a 0.15% expense ratio, compared with 0.25% for NEAR.
LODI has the higher dividend yield at 4.96%, compared with 4.44% for NEAR.
They also come from different issuers: iShares and AAM. Their fees differ too: 0.25% for NEAR and 0.15% for LODI.
NEAR currently has the higher Sharpe Ratio (3.18 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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