NEAR vs. MATX

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Short Duration Bond Active ETF (NEAR) and Matson, Inc. (MATX).

NEAR is an actively managed fund by iShares. It was launched on Sep 25, 2013.

Performance

NEAR vs. MATX - Performance Comparison

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

NEAR vs. MATX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NEAR iShares Short Duration Bond Active ETF	0.16%	5.90%	5.09%	7.42%	0.41%	0.32%	1.39%	3.55%	1.71%	1.41%
MATX Matson, Inc.	32.99%	-7.21%	24.30%	78.20%	-29.53%	60.35%	43.05%	30.32%	9.78%	-13.51%

Returns By Period

In the year-to-date period, NEAR achieves a 0.16% return, which is significantly lower than MATX's 32.99% return. Over the past 10 years, NEAR has underperformed MATX with an annualized return of 2.83%, while MATX has yielded a comparatively higher 17.36% annualized return.

NEAR

• 1D: 0.19%
• 1M: -0.66%
• YTD: 0.16%
• 6M: 1.39%
• 1Y: 4.52%
• 3Y*: 5.75%
• 5Y*: 3.77%
• 10Y*: 2.83%

MATX

• 1D: 4.18%
• 1M: -1.32%
• YTD: 32.99%
• 6M: 67.20%
• 1Y: 29.49%
• 3Y*: 41.79%
• 5Y*: 21.10%
• 10Y*: 17.36%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NEAR vs. MATX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NEAR

NEAR Risk / Return Rank: 96
NEAR Sharpe Ratio Rank: 96
NEAR Sortino Ratio Rank: 97
NEAR Omega Ratio Rank: 97
NEAR Calmar Ratio Rank: 95
NEAR Martin Ratio Rank: 95

MATX

MATX Risk / Return Rank: 62
MATX Sharpe Ratio Rank: 65
MATX Sortino Ratio Rank: 61
MATX Omega Ratio Rank: 62
MATX Calmar Ratio Rank: 63
MATX Martin Ratio Rank: 60

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. MATX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Short Duration Bond Active ETF (NEAR) and Matson, Inc. (MATX). 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	MATX	Difference
Sharpe ratio Return per unit of total volatility	2.41	0.64	+1.77
Sortino ratio Return per unit of downside risk	3.59	1.19	+2.40
Omega ratio Gain probability vs. loss probability	1.56	1.17	+0.39
Calmar ratio Return relative to maximum drawdown	3.92	0.93	+2.99
Martin ratio Return relative to average drawdown	15.25	1.84	+13.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NEAR vs. MATX - Sharpe Ratio Comparison

The current NEAR Sharpe Ratio is 2.41, which is higher than the MATX Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of NEAR and MATX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NEAR	MATX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.41	0.64	+1.77
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	2.88	0.53	+2.35
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.14	0.41	+0.73
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	0.24	+0.83

Correlation

The correlation between NEAR and MATX is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

NEAR vs. MATX - Dividend Comparison

NEAR's dividend yield for the trailing twelve months is around 4.51%, more than MATX's 0.87% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NEAR iShares Short Duration Bond Active ETF	4.51%	4.54%	5.00%	4.59%	1.78%	0.76%	1.53%	2.69%	2.25%	1.52%	1.07%	0.85%
MATX Matson, Inc.	0.87%	1.13%	0.98%	1.15%	1.95%	1.18%	1.58%	2.11%	2.56%	2.61%	2.09%	1.64%

Drawdowns

NEAR vs. MATX - Drawdown Comparison

The maximum NEAR drawdown since its inception was -9.61%, smaller than the maximum MATX drawdown of -71.40%. Use the drawdown chart below to compare losses from any high point for NEAR and MATX.

Drawdown Indicators

	NEAR	MATX	Difference
Max Drawdown Largest peak-to-trough decline	-9.61%	-71.40%	+61.79%
Max Drawdown (1Y) Largest decline over 1 year	-1.16%	-32.95%	+31.79%
Max Drawdown (5Y) Largest decline over 5 years	-1.32%	-53.63%	+52.31%
Max Drawdown (10Y) Largest decline over 10 years	-9.61%	-53.63%	+44.02%
Current Drawdown Current decline from peak	-0.66%	-4.26%	+3.60%
Average Drawdown Average peak-to-trough decline	-0.16%	-33.43%	+33.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.30%	16.68%	-16.38%

Volatility

NEAR vs. MATX - Volatility Comparison

The current volatility for iShares Short Duration Bond Active ETF (NEAR) is 0.62%, while Matson, Inc. (MATX) has a volatility of 11.07%. This indicates that NEAR experiences smaller price fluctuations and is considered to be less risky than MATX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NEAR	MATX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.62%	11.07%	-10.45%
Volatility (6M) Calculated over the trailing 6-month period	0.93%	27.25%	-26.32%
Volatility (1Y) Calculated over the trailing 1-year period	1.88%	46.20%	-44.32%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.32%	39.71%	-38.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.49%	42.32%	-39.83%