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MEAR vs IGIB

iShares Short Maturity Municipal Bond Active ETF vs iShares 5-10 Year Investment Grade Corporate Bond ETF

MEAR

iShares Short Maturity Municipal Bond Active ETF

Annual cost

0.26%

Fund size

$1.3B

IGIB

iShares 5-10 Year Investment Grade Corporate Bond ETF

Annual cost

0.04%

Fund size

$17.9B

Key differences

  • IGIB costs 0.22% less per year.
  • IGIB is significantly larger than MEAR — larger funds tend to be more liquid and less likely to close.
  • MEAR follows a active selection strategy; IGIB uses index tracking.
  • Over the last 3 years, IGIB has delivered higher annualized returns.
  • IGIB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MEARIGIB
Annual cost (TER)0.26%0.04%
Fund size (AUM)$1.3B$17.9B
Since20152007
Dividend yield2.87%4.73%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+3.3%+7.2%
CAGR 3Y+3.6%+6.5%
CAGR 5Y+2.4%+1.6%
Sharpe 3Y0.050.52
Volatility 1Y0.86%4.16%
Max drawdown-2.68%-20.63%

Similar to MEAR and IGIB