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FXED vs MEAR

Sound Enhanced Fixed Income ETF vs iShares Short Maturity Municipal Bond Active ETF

FXED

Sound Enhanced Fixed Income ETF

Annual cost

1.89%

Fund size

$40M

MEAR

iShares Short Maturity Municipal Bond Active ETF

Annual cost

0.26%

Fund size

$1.4B

Key differences

Both FXED and MEAR are fixed income ETFs. FXED charges 1.89% a year and MEAR 0.26%. The main difference: MEAR costs 1.63% less per year.

  • MEAR costs 1.63% less per year.
  • MEAR is much larger than FXED. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, FXED has delivered higher annualized returns.
  • MEAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FXEDMEAR
Annual cost (TER)1.89%0.26%
Fund size (AUM)$40M$1.4B
Since20202015
Dividend yield7.10%2.86%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+4.5%+3.2%
CAGR 3Y+6.6%+3.5%
CAGR 5Y+2.3%+2.4%
Sharpe 3Y0.38-0.08
Volatility 1Y6.85%0.86%
Max drawdown-20.07%-2.68%

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

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