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SPSB vs MEAR

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

SPSB

State Street SPDR Portfolio Short Term Corporate Bond ETF

State Street Investment Management

Annual cost

0.04%

Fund size

$10.1B

MEAR

iShares Short Maturity Municipal Bond Active ETF

iShares

Annual cost

0.26%

Fund size

$1.3B

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.
  • SPSB follows a index tracking strategy; MEAR uses active selection.
  • 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

SPSBMEAR
Annual cost (TER)0.04%0.26%
Fund size (AUM)$10.1B$1.3B
Since20092015
Dividend yield4.44%2.87%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+4.6%+3.3%
CAGR 3Y+5.3%+3.6%
CAGR 5Y+2.7%+2.4%
Sharpe 3Y1.000.02
Volatility 1Y1.32%0.86%
Max drawdown-11.75%-2.68%

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

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