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MEAR vs FMHI

iShares Short Maturity Municipal Bond Active ETF vs First Trust Municipal High Income ETF

MEAR

iShares Short Maturity Municipal Bond Active ETF

Annual cost

0.26%

Fund size

$1.4B

FMHI

First Trust Municipal High Income ETF

Annual cost

0.49%

Fund size

$976M

Key differences

Both MEAR and FMHI are fixed income ETFs. MEAR charges 0.26% a year and FMHI 0.49%. The main difference: MEAR follows a active selection strategy; FMHI uses index tracking.

  • MEAR follows a active selection strategy; FMHI uses index tracking.
  • MEAR costs 0.23% less per year.
  • Over the last three years, FMHI has delivered higher annualized returns.

Side-by-side comparison

MEARFMHI
Annual cost (TER)0.26%0.49%
Fund size (AUM)$1.4B$976M
Since20152017
Dividend yield2.86%4.26%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+3.2%+8.3%
CAGR 3Y+3.5%+5.5%
CAGR 5Y+2.4%+0.9%
Sharpe 3Y-0.080.40
Volatility 1Y0.86%3.07%
Max drawdown-2.68%-18.83%

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

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