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MEAR vs MBBA

iShares Short Maturity Municipal Bond Active ETF vs iShares Mortgage-Backed Securities Active ETF

MEAR

iShares Short Maturity Municipal Bond Active ETF

Annual cost

0.26%

Fund size

$1.3B

MBBA

iShares Mortgage-Backed Securities Active ETF

Annual cost

0.25%

Fund size

$125M

Key differences

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

Side-by-side comparison

MEARMBBA
Annual cost (TER)0.26%0.25%
Fund size (AUM)$1.3B$125M
Since20151998
Dividend yield2.87%3.98%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+3.3%N/A
CAGR 3Y+3.6%N/A
CAGR 5Y+2.4%N/A
Sharpe 3Y0.02N/A
Volatility 1Y0.86%
Max drawdown-2.68%-2.83%

Similar to MEAR and MBBA