Screener
MEAR vs FMUN
iShares Short Maturity Municipal Bond Active ETF vs Fidelity Systematic Municipal Bond Index ETF
Key differences
Both MEAR and FMUN are fixed income ETFs. MEAR charges 0.26% a year and FMUN 0.05%. The main difference: MEAR follows a active selection strategy; FMUN uses index tracking.
- MEAR follows a active selection strategy; FMUN uses index tracking.
- FMUN costs 0.21% less per year.
- MEAR is much larger than FMUN. Larger funds are usually more liquid and less likely to close.
Side-by-side comparison
| MEAR | FMUN | |
|---|---|---|
| Annual cost (TER) | 0.26% | 0.05% |
| Fund size (AUM) | $1.4B | $181M |
| Since | 2015 | 2019 |
| Dividend yield | 2.86% | 3.30% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | active selection | index tracking |
| CAGR 1Y | +3.2% | +7.3% |
| CAGR 3Y | +3.5% | N/A |
| CAGR 5Y | +2.4% | N/A |
| Sharpe 3Y | -0.08 | N/A |
| Volatility 1Y | 0.86% | 3.14% |
| Max drawdown | -2.68% | -3.21% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.