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MEAR vs SMMU

iShares Short Maturity Municipal Bond Active ETF vs PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

MEAR

iShares Short Maturity Municipal Bond Active ETF

Annual cost

0.26%

Fund size

$1.3B

SMMU

PIMCO Short Term Municipal Bond Active Exchange-Traded Fund

Annual cost

0.35%

Fund size

$1.1B

Key differences

  • MEAR costs 0.09% less per year.
  • SMMU has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MEARSMMU
Annual cost (TER)0.26%0.35%
Fund size (AUM)$1.3B$1.1B
Since20152010
Dividend yield2.87%2.79%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+3.3%+4.0%
CAGR 3Y+3.6%+3.8%
CAGR 5Y+2.4%+1.9%
Sharpe 3Y0.050.10
Volatility 1Y0.86%1.03%
Max drawdown-2.68%-5.09%

Similar to MEAR and SMMU