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MEAR vs CGMU

iShares Short Maturity Municipal Bond Active ETF vs Capital Group Municipal Income ETF

MEAR

iShares Short Maturity Municipal Bond Active ETF

iShares

Annual cost

0.26%

Fund size

$1.3B

CGMU

Capital Group Municipal Income ETF

Capital Group

Annual cost

0.27%

Fund size

$5.8B

Key differences

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

Side-by-side comparison

MEARCGMU
Annual cost (TER)0.26%0.27%
Fund size (AUM)$1.3B$5.8B
Since20152022
Dividend yield2.87%3.35%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+3.3%+6.2%
CAGR 3Y+3.6%+4.2%
CAGR 5Y+2.4%N/A
Sharpe 3Y-0.020.18
Volatility 1Y0.86%2.28%
Max drawdown-2.68%-4.10%

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

Similar to MEAR and CGMU