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MEAR vs SPSB

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

MEAR

iShares Short Maturity Municipal Bond Active ETF

iShares

Annual cost

0.26%

Fund size

$1.3B

SPSB

State Street SPDR Portfolio Short Term Corporate Bond ETF

State Street Investment Management

Annual cost

0.04%

Fund size

$10.1B

Key differences

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

Side-by-side comparison

MEARSPSB
Annual cost (TER)0.26%0.04%
Fund size (AUM)$1.3B$10.1B
Since20152009
Dividend yield2.87%4.44%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+3.3%+4.6%
CAGR 3Y+3.6%+5.3%
CAGR 5Y+2.4%+2.7%
Sharpe 3Y0.021.00
Volatility 1Y0.86%1.32%
Max drawdown-2.68%-11.75%

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

Similar to MEAR and SPSB