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MEAR vs IWR

iShares Short Maturity Municipal Bond Active ETF vs iShares Russell Mid-Cap ETF

MEAR

iShares Short Maturity Municipal Bond Active ETF

Annual cost

0.26%

Fund size

$1.4B

IWR

iShares Russell Mid-Cap ETF

Annual cost

0.18%

Fund size

$54.8B

Key differences

MEAR is a fixed income ETF, while IWR is an equity ETF. MEAR charges 0.26% a year and IWR 0.18%.

  • MEAR is a fixed income fund, while IWR is an equity fund. They carry different risk/return profiles.
  • MEAR follows a active selection strategy; IWR uses index tracking.
  • IWR costs 0.08% less per year.
  • IWR is much larger than MEAR. Larger funds are usually more liquid and less likely to close.
  • Over the last three years, IWR has delivered higher annualized returns.
  • IWR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MEARIWR
Annual cost (TER)0.26%0.18%
Fund size (AUM)$1.4B$54.8B
Since20152001
Dividend yield2.86%1.16%
Asset classfixed incomeequity
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+3.2%+19.9%
CAGR 3Y+3.6%+17.8%
CAGR 5Y+2.4%+7.7%
Sharpe 3Y-0.010.89
Volatility 1Y0.86%13.54%
Max drawdown-2.68%-40.59%

Similar to MEAR and IWR