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PSDM vs MEAR

PGIM Short Duration Multi-Secto vs iShares Short Maturity Municipal Bond Active ETF

PSDM

PGIM Short Duration Multi-Secto

Annual cost

0.40%

Fund size

$185M

MEAR

iShares Short Maturity Municipal Bond Active ETF

Annual cost

0.26%

Fund size

$1.3B

Key differences

  • MEAR costs 0.14% less per year.
  • MEAR is significantly larger than PSDM — larger funds tend to be more liquid and less likely to close.
  • MEAR has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PSDMMEAR
Annual cost (TER)0.40%0.26%
Fund size (AUM)$185M$1.3B
Since20232015
Dividend yield4.81%2.87%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionactive selection
CAGR 1Y+5.2%+3.3%
CAGR 3YN/A+3.6%
CAGR 5YN/A+2.4%
Sharpe 3YN/A0.05
Volatility 1Y1.68%0.86%
Max drawdown-1.19%-2.68%

Similar to PSDM and MEAR