NEAR vs. LVHI
NEAR (iShares Short Duration Bond Active ETF) and LVHI (Franklin International Low Volatility High Dividend Index ETF) are both exchange-traded funds - NEAR is a Short-Term Bond fund actively managed by iShares, while LVHI is a Volatility Hedged Equity fund tracking the Franklin International Low Volatility High Dividend Hedged Index-NR. NEAR is actively managed, while LVHI is passively managed. Over the past 5 years, NEAR returned 3.87%/yr vs 15.97%/yr for LVHI. At a 0.04 correlation, their price movements are largely independent. NEAR charges 0.25%/yr vs 0.40%/yr for LVHI.
Performance
NEAR vs. LVHI - Performance Comparison
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Returns By Period
In the year-to-date period, NEAR achieves a 0.79% return, which is significantly lower than LVHI's 13.78% return.
NEAR
- 1D
- -0.03%
- 1M
- 0.22%
- YTD
- 0.79%
- 6M
- 1.16%
- 1Y
- 4.12%
- 3Y*
- 5.61%
- 5Y*
- 3.87%
- 10Y*
- 2.85%
LVHI
- 1D
- 0.49%
- 1M
- 0.84%
- YTD
- 13.78%
- 6M
- 14.96%
- 1Y
- 32.13%
- 3Y*
- 21.52%
- 5Y*
- 15.97%
- 10Y*
- —
NEAR vs. LVHI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
LVHI Franklin International Low Volatility High Dividend Index ETF | 13.78% | 27.12% | 14.81% | 17.45% | 3.84% | 18.19% | -8.76% | 18.35% | -5.22% | 12.26% |
Correlation
The correlation between NEAR and LVHI is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.10 |
Correlation (All Time) Calculated using the full available price history since Jul 28, 2016 | 0.04 |
The correlation between NEAR and LVHI shifts across timeframes, from 0.04 (all time) to 0.17 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
NEAR vs. LVHI — Risk / Return Rank
NEAR
LVHI
NEAR vs. LVHI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Short Duration Bond Active ETF (NEAR) and Franklin International Low Volatility High Dividend Index ETF (LVHI). 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.
| NEAR | LVHI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.32 | ||
| Sortino ratioReturn per unit of downside risk | +0.17 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.63 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.59 | 5.23 | -1.64 |
| Martin ratioReturn relative to average drawdown | 16.36 | 21.61 | -5.25 |
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Drawdowns
NEAR vs. LVHI - Drawdown Comparison
The maximum NEAR drawdown since its inception was -9.61%, smaller than the maximum LVHI drawdown of -32.31%. Use the drawdown chart below to compare losses from any high point for NEAR and LVHI.
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Drawdown Indicators
| NEAR | LVHI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.61% | -32.31% | +22.70% |
Max Drawdown (1Y)Largest decline over 1 year | -1.13% | -6.08% | +4.95% |
Max Drawdown (3Y)Largest decline over 3 years | -1.16% | -11.99% | +10.83% |
Max Drawdown (5Y)Largest decline over 5 years | -1.32% | -11.99% | +10.67% |
Max Drawdown (10Y)Largest decline over 10 years | -9.61% | — | — |
Current DrawdownCurrent decline from peak | -0.03% | 0.00% | -0.03% |
Average DrawdownAverage peak-to-trough decline | -0.16% | -3.51% | +3.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.25% | 1.48% | -1.23% |
Volatility
NEAR vs. LVHI - Volatility Comparison
The current volatility for iShares Short Duration Bond Active ETF (NEAR) is 0.44%, while Franklin International Low Volatility High Dividend Index ETF (LVHI) has a volatility of 2.78%. This indicates that NEAR experiences smaller price fluctuations and is considered to be less risky than LVHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NEAR | LVHI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.44% | 2.78% | -2.34% |
Volatility (6M)Calculated over the trailing 6-month period | 1.02% | 7.72% | -6.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.36% | 9.60% | -8.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.34% | 11.08% | -9.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.50% | 13.75% | -11.25% |
NEAR vs. LVHI - Expense Ratio Comparison
NEAR has a 0.25% expense ratio, which is lower than LVHI's 0.40% expense ratio.
Dividends
NEAR vs. LVHI - Dividend Comparison
NEAR's dividend yield for the trailing twelve months is around 4.43%, less than LVHI's 4.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LVHI Franklin International Low Volatility High Dividend Index ETF | 4.69% | 4.92% | 3.98% | 8.12% | 7.74% | 4.13% | 3.97% | 6.67% | 10.67% | 3.38% | 2.02% | 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 LVHI 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.
LVHI has higher volatility (2.78%) compared to NEAR (0.44%). In terms of maximum drawdown, NEAR dropped -9.61% vs LVHI's -32.31%.
On 5-year performance, LVHI leads with 15.97% vs 3.87% 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 5-year period, LVHI has performed better with a 15.97% return vs 3.87%. 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 0.40% for LVHI.
LVHI has the higher dividend yield at 4.69%, compared with 4.43% for NEAR.
NEAR is categorized as Short-Term Bond, while LVHI is Volatility Hedged Equity. They also come from different issuers: iShares and Franklin Templeton. Their fees differ too: 0.25% for NEAR and 0.40% for LVHI.
LVHI currently has the higher Sharpe Ratio (3.31 vs 2.99), 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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