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BALQ vs MEAR

iShares Nasdaq Premium Income Active ETF vs iShares Short Maturity Municipal Bond Active ETF

BALQ

iShares Nasdaq Premium Income Active ETF

Annual cost

0.35%

Fund size

$14M

MEAR

iShares Short Maturity Municipal Bond Active ETF

Annual cost

0.26%

Fund size

$1.3B

Key differences

  • MEAR costs 0.09% less per year.
  • MEAR is significantly larger than BALQ — larger funds tend to be more liquid and less likely to close.
  • BALQ follows a index tracking strategy; MEAR uses active selection.
  • MEAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

BALQMEAR
Annual cost (TER)0.35%0.26%
Fund size (AUM)$14M$1.3B
Since20252015
Dividend yield2.87%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1YN/A+3.3%
CAGR 3YN/A+3.6%
CAGR 5YN/A+2.4%
Sharpe 3YN/A0.02
Volatility 1Y0.86%
Max drawdown-11.79%-2.68%

Similar to BALQ and MEAR