MEAR Performance — iShares Short Maturity Municipal Bond Active ETF
Data updated: 2026-09-25
MEAR returned +1.18% year to date and +2.51% over one year to Jul 2026. Annualised returns are +3.37% over 3 years and +2.42% over 5 years. The fund trailed its Alternative category average: $100 invested three years ago grew to $110, against $168 for the category, and to $103 over one year, against $108. Volatility over the past three years was 0.74% a year. In the 12 months to Jul 2026 the fund took in a net $173.9M, and assets reached $1.36B.
MEAR Growth of $100
What $100 invested in iShares Short Maturity Municipal Bond Active ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | MEAR | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $103 | $108 |
| 3 years (Aug 2023 – Jul 2026) | $110 | $168 |
| 5 years (Aug 2021 – Jul 2026) | $113 | $159 |
| Since data start (Aug 2019 – Jul 2026) | $115 | $190 |
MEAR Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.18% |
| 1 year | +2.51% |
| 3 years (annualised) | +3.37% |
| 5 years (annualised) | +2.42% |
MEAR Annual Returns
Calendar-year total returns of iShares Short Maturity Municipal Bond Active ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.18% |
| 2025 | +3.68% |
| 2024 | +3.35% |
| 2023 | +3.96% |
| 2022 | +0.15% |
| 2021 | +0.06% |
| 2020 | +1.10% |
| 2019 (Aug–Dec) | +0.57% |
MEAR Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.4% | +0.4% | −0.4% | +0.3% | +0.2% | +0.3% | −0.1% | — | — | — | — | — |
| 2025 | +0.4% | +0.4% | +0.1% | 0.0% | +0.4% | +0.5% | +0.4% | +0.5% | +0.3% | +0.1% | +0.2% | +0.3% |
| 2024 | +0.2% | +0.3% | +0.2% | +0.2% | +0.4% | +0.4% | +0.4% | +0.5% | +0.3% | 0.0% | +0.4% | 0.0% |
| 2023 | +0.4% | 0.0% | +0.5% | +0.1% | +0.2% | +0.5% | +0.3% | +0.2% | +0.1% | +0.3% | +0.8% | +0.5% |
| 2022 | −0.3% | −0.1% | −0.3% | −0.2% | +0.2% | +0.1% | +0.2% | −0.1% | −0.1% | +0.1% | +0.5% | +0.1% |
| 2021 | +0.1% | 0.0% | +0.1% | 0.0% | 0.0% | 0.0% | +0.1% | 0.0% | −0.1% | 0.0% | 0.0% | 0.0% |
| 2020 | +0.2% | +0.2% | −0.7% | +0.2% | +0.5% | +0.2% | +0.2% | +0.1% | +0.1% | 0.0% | +0.1% | +0.1% |
| 2019 | — | — | — | — | — | — | — | +0.1% | −0.1% | +0.2% | +0.1% | +0.2% |
MEAR Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 0.74%
- 3-year Sharpe ratio: -1.53 (vs 4.5% risk-free rate)
- Best month: +0.80% (Nov 2023)
- Worst month: −0.37% (Mar 2026)
MEAR Fund Flows
Monthly money in and out of iShares Short Maturity Municipal Bond Active ETF, from SEC Form N-PORT.
- 12-month net flow: $173.9M
- 12-month gross sales (incl. reinvestments): $304.8M
- Sales ÷ redemptions: 2.33×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $0 | $47.7M | −$47.7M |
| Jun 2026 | $30.2M | $0 | $30.2M |
| May 2026 | $32.7M | $2.5M | $30.1M |
| Apr 2026 | $0 | $37.7M | −$37.7M |
| Mar 2026 | $25.2M | $15.1M | $10.1M |
| Feb 2026 | $15.2M | $2.5M | $12.6M |
| Jan 2026 | $30.2M | $0 | $30.2M |
| Dec 2025 | $37.7M | $0 | $37.7M |
| Nov 2025 | $32.7M | $0 | $32.7M |
| Oct 2025 | $25.2M | $17.6M | $7.6M |
| Sep 2025 | $48.0M | $5.0M | $42.9M |
| Aug 2025 | $27.7M | $2.5M | $25.2M |
MEAR Assets Under Management
Net assets of iShares Short Maturity Municipal Bond Active ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.36B |
| 2026-04-30 | $1.35B |
| 2026-01-31 | $1.37B |
| 2025-10-31 | $1.27B |
| 2025-07-31 | $1.19B |
| 2025-04-30 | $1.01B |
| 2025-01-31 | $769.99M |
| 2024-10-31 | $682.28M |
| 2024-07-31 | $692.35M |
| 2024-04-30 | $608.05M |
| 2024-01-31 | $626.33M |
| 2023-10-31 | $615.16M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.