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MEAR vs SPBO

iShares Short Maturity Municipal Bond Active ETF vs State Street SPDR Portfolio Corporate Bond ETF

MEAR

iShares Short Maturity Municipal Bond Active ETF

iShares

Annual cost

0.26%

Fund size

$1.3B

SPBO

State Street SPDR Portfolio Corporate Bond ETF

State Street Investment Management

Annual cost

0.03%

Fund size

$2.0B

Key differences

  • SPBO costs 0.23% less per year.
  • MEAR covers north america markets; SPBO covers global.
  • MEAR follows a active selection strategy; SPBO uses index tracking.
  • Over the last 3 years, SPBO has delivered higher annualized returns.

Side-by-side comparison

MEARSPBO
Annual cost (TER)0.26%0.03%
Fund size (AUM)$1.3B$2.0B
Since20152011
Dividend yield2.87%5.12%
Asset classfixed incomefixed income
Regionnorth americaglobal
Strategyactive selectionindex tracking
CAGR 1Y+3.3%+7.2%
CAGR 3Y+3.6%+5.7%
CAGR 5Y+2.4%+0.9%
Sharpe 3Y0.020.36
Volatility 1Y0.86%4.45%
Max drawdown-2.68%-22.04%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to MEAR and SPBO