See what your fund actually adds
iShares Short Maturity Municipal Bond Active ETF MEAR
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | MEAR | Replication |
|---|---|---|
| Annualized growth | 2.4% | 3.2% |
| Annualized volatility | 0.7% | 0.7% |
| Sharpe ratio | 3.16 | 4.86 |
| Maximum drawdown | 0.9% | 1.2% |
| Replication fit (R²) | 0.64 · Tracking error 0.4% | |
Replication portfolio
The published portfolio below is the investable basket used to model MEAR’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| BIL | FI · Ultra-Short | 82.5% |
| MUB | FI · Municipal | 10.3% |
| VGSH | FI · Short Gov | 7.2% |