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FTSM vs MEAR

First Trust Enhanced Short Maturity ETF vs iShares Short Maturity Municipal Bond Active ETF

FTSM

First Trust Enhanced Short Maturity ETF

Annual cost

0.29%

Fund size

$6.4B

MEAR

iShares Short Maturity Municipal Bond Active ETF

Annual cost

0.26%

Fund size

$1.4B

Key differences

Both FTSM and MEAR are fixed income ETFs. FTSM charges 0.29% a year and MEAR 0.26%. The main difference: FTSM follows a index tracking strategy; MEAR uses active selection.

  • FTSM follows a index tracking strategy; MEAR uses active selection.
  • FTSM is much larger than MEAR. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FTSM has delivered higher annualized returns.

Side-by-side comparison

FTSMMEAR
Annual cost (TER)0.29%0.26%
Fund size (AUM)$6.4B$1.4B
Since20142015
Dividend yield4.16%2.86%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+4.2%+3.2%
CAGR 3Y+4.9%+3.5%
CAGR 5Y+3.5%+2.4%
Sharpe 3Y2.45-0.08
Volatility 1Y0.48%0.86%
Max drawdown-4.12%-2.68%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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