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ETFs

BlackRock Short Maturity Municipal Bond ETF

MEAR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Mar 03 2015
Expense Ratio
0.25%
Type
US Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$3,768,347
AUM
$595,671,494
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

n/a
IOWA FIN AUTH MIDWESTERN DISAS
4.97%
n/a
COLUMBIA ALA INDL DEV BRD POLL
4.47%
n/a
ST JAMES PARISH LA REV
4.46%
n/a
PENNSYLVANIA ECONOMIC DEV FIN
3.87%
n/a
Mississippi Bus (13 % max) Remarketable 2010-1.11.35 Chevron USA Inc Series 2010J Var Rt
3.80%
n/a
PENNSYLVANIA ECONOMIC DEV FIN
3.36%
n/a
WISCONSIN ST
3.34%
n/a
BLACK BELT ENERGY GAS DIST ALA
3.34%
n/a
MEADE CNTY KY INDL BLDG REV
2.74%
n/a
NORTH CAROLINA CAP FACS AGY SO
2.19%
Invest with MEAR

What is MEAR?

The BlackRock Short Maturity Municipal Bond ETF seeks to maximize tax-free current income.Seeks to maximize tax-free income through diversified exposure to short-term municipal bonds. Put cash to work in a low yield environment, while seeking to reduce both taxes and interest rate risk. Actively managed by the municipal bond team at BlackRock, one of the largest municipal bond managers in the world.

ETFs related toMEAR

ETFs correlated to MEAR include TSLR, XAUG, GAUG

MEAR
BlackRock Institutional Trust Company N.A. - BlackRock Short Maturity Municipal Bond ETF
TSLR
GraniteShares ETF Trust - GraniteShares 1.75x Long TSLA Daily ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
GAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - August
LGRO
Advisors Series Trust - Level Four Large Cap Growth Active ETF
CONY
Tidal Trust II - YieldMax COIN Option Income Strategy ETF
GJUN
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Moderate Buffer ETF - June
CVRD
Madison ETFs Trust - Madison Covered Call ETF
JMHI
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan High Yield Municipal ETF
HYD
VanEck ETF Trust - VanEck High Yield Muni ETF
CLIP
Global X Funds - Global X 1-3 Month T-Bill ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

FAQ

MEAR is a US Bonds ETF. The BlackRock Short Maturity Municipal Bond ETF seeks to maximize tax-free current income.Seeks to maximize tax-free income through diversified exposure to short-term municipal bonds. Put cash to work in a low yield environment, while seeking to reduce both taxes and interest rate risk. Actively managed by the municipal bond team at BlackRock, one of the largest municipal bond managers in the world.

Yes, MEAR is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, MEAR is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on MEAR is 0.0013%. This is the percent change in the value of MEAR over the most recent 1-month period. The 3-month return on MEAR is 0.0075%. This is the percent change in the value of MEAR over the most recent 3-month period.

The standard deviation of MEAR for the past year is 0.0137%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to MEAR include SUB, CMF, and MUB.

ETFs correlated to MEAR include TSLR, XAUG, and GAUG.

ETFs that are inversely correlated to MEAR include BILZ, JUCY, and TFLO.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.