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FTMA vs MEAR

Franklin Massachusetts Municipal Inc ETF vs iShares Short Maturity Municipal Bond Active ETF

FTMA

Franklin Massachusetts Municipal Inc ETF

Franklin Templeton Investments

Annual cost

0.35%

Fund size

$273M

MEAR

iShares Short Maturity Municipal Bond Active ETF

iShares

Annual cost

0.26%

Fund size

$1.3B

Key differences

  • MEAR costs 0.09% less per year.
  • MEAR is significantly larger than FTMA — larger funds tend to be more liquid and less likely to close.
  • FTMA follows a index tracking strategy; MEAR uses active selection.

Side-by-side comparison

FTMAMEAR
Annual cost (TER)0.35%0.26%
Fund size (AUM)$273M$1.3B
Since20182015
Dividend yield3.15%2.87%
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/A-0.02
Volatility 1Y0.86%
Max drawdown-2.27%-2.68%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to FTMA and MEAR