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IWB vs MEAR

iShares Russell 1000 ETF vs iShares Short Maturity Municipal Bond Active ETF

IWB

iShares Russell 1000 ETF

Annual cost

0.15%

Fund size

$48.9B

MEAR

iShares Short Maturity Municipal Bond Active ETF

Annual cost

0.26%

Fund size

$1.4B

Key differences

IWB is an equity ETF, while MEAR is a fixed income ETF. IWB charges 0.15% a year and MEAR 0.26%.

  • IWB is an equity fund, while MEAR is a fixed income fund. They carry different risk/return profiles.
  • IWB follows a index tracking strategy; MEAR uses active selection.
  • IWB costs 0.11% less per year.
  • IWB is much larger than MEAR. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, IWB has delivered higher annualized returns.
  • IWB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

IWBMEAR
Annual cost (TER)0.15%0.26%
Fund size (AUM)$48.9B$1.4B
Since20002015
Dividend yield0.91%2.86%
Asset classequityfixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+24.3%+3.2%
CAGR 3Y+22.2%+3.6%
CAGR 5Y+12.6%+2.4%
Sharpe 3Y1.17-0.01
Volatility 1Y12.22%0.86%
Max drawdown-34.60%-2.68%

Similar to IWB and MEAR