NEAR ETF

The iShares Short Duration Bond Active ETF offers a good mix of risk and return. The NEAR ETF mainly invests in Treasuries. It provides a solid yield considering its level of risk.

We think the BlackRock Short Duration Bond ETF is perfectly aligned to prosper in an uncertain interest rate environment. Although its low duration limits upside pricing prospects, it costs a compelling dividend yield. The ETF's inclusion of high-quality corporate bonds likely enhances its yield potential while diversifying risk.

The ETF has transformed itself from a cash-like fund to one holding riskier assets with a higher duration profile of 1.92 years. NEAR's price sensitivity has increased due to its extended duration. The fund is positioned to benefit if interest rates decrease. Despite the increase in the fund's duration, the credit profile for the name is very benign, with most holdings falling in the AAA or AA ratings band.

BlackRock Short Duration Bond ETF is an actively managed fund with low credit and interest rate risk. The NEAR fund aims to meet the current income needs of its unitholders, by investing in short-term, USD denominated securities. We had previously rated the NEAR ETF as a Buy.

For investors seeking momentum, BlackRock Short Maturity Bond ETF NEAR is probably on radar. The fund just hit a 52-week high and is up 1.8% from its 52-week low price of $48.99/share.

NEAR: Ceasing To Be A Cash Parking Vehicle

For investors seeking momentum, BlackRock Short Maturity Bond ETF NEAR is probably on radar. The fund just hit a 52-week high and is up 1.9% from its 52-week low price of $48.99/share.

iShares Short Maturity Bond ETF is an actively managed ETF, and its cyclical attributes challenges the influence of duration on risk reduction. The ETF's allocation suggests it is bullish on cyclical sectors, yet it remains neutral on the credit outlook. An option-adjusted spread decrease has provided NEAR ETF a helping hand. However, questions remain about the metrics of sustainability.

For investors seeking momentum, BlackRock Short Maturity Bond ETF NEAR is probably on radar. The fund just hit a 52-week high and is up 1.69% from its 52-week low price of $48.99/share.