Summary
MEAR
Prices · period metrics · 12M
NAV as of 03/06/2026
02/04/2025 → 02/04/2026
Return 3.06% Volatility 1.22% Sharpe -0.69
Official loaded data — not a live quote.

ISHARES SHORT MATURITY MUNICIPAL BOND ACTIVE ETF

Symbol: MEAR

Exchange: BATS

Sector: N/A

Category: Muni National Short

Inception date: 03/03/2015

Latest date: 03/06/2026

Current price: $50.28

Expense ratio: 0.26%

Assets under management
$1.3B
0.04% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

0.10%

Ann. -5.29% (Sharpe / Sortino numerator)

Volatility

1.57%

Sharpe ratio

-5.665

VaR 95%

-0.23%

CVaR 95%: -0.27%
Max drawdown: -0.38%
Sortino ratio: -5.730
Calmar ratio: -14.05

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

0.10%

Ann. 0.36% (Sharpe / Sortino numerator)

Volatility

1.21%

Sharpe ratio

-2.704

VaR 95%

-0.15%

CVaR 95%: -0.22%
Max drawdown: -0.83%
Sortino ratio: -2.630
Calmar ratio: 0.44

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

1.07%

Ann. 1.49% (Sharpe / Sortino numerator)

Volatility

0.98%

Sharpe ratio

-2.177

VaR 95%

-0.08%

CVaR 95%: -0.16%
Max drawdown: -0.83%
Sortino ratio: -2.282
Calmar ratio: 1.80

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

3.06%

Ann. 2.78% (Sharpe / Sortino numerator)

Volatility

1.22%

Sharpe ratio

-0.694

VaR 95%

-0.09%

CVaR 95%: -0.21%
Max drawdown: -0.86%
Sortino ratio: -0.637
Calmar ratio: 3.25

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

5.83%

Ann. 3.21% (Sharpe / Sortino numerator)

Volatility

1.09%

Sharpe ratio

-0.382

VaR 95%

-0.08%

CVaR 95%: -0.16%
Max drawdown: -0.86%
Sortino ratio: -0.422
Calmar ratio: 3.75

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

10.06%

Ann. 3.38% (Sharpe / Sortino numerator)

Volatility

1.09%

Sharpe ratio

-0.230

VaR 95%

-0.09%

CVaR 95%: -0.15%
Max drawdown: -0.86%
Sortino ratio: -0.280
Calmar ratio: 3.94

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 03/06/2025 - 03/06/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.012%

Best day

0.219%

04/08/2025
Worst day

-0.238%

20/03/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
03/06/2026 $50.26 $50.29 $50.23 $50.28 146,200
02/06/2026 $50.22 $50.30 $50.22 $50.28 201,300
01/06/2026 $50.15 $50.30 $50.15 $50.25 156,800
29/05/2026 $50.33 $50.36 $50.30 $50.35 64,500
28/05/2026 $50.30 $50.33 $50.26 $50.30 143,000
27/05/2026 $50.20 $50.30 $50.17 $50.29 191,400
26/05/2026 $50.30 $50.34 $50.26 $50.28 189,300
22/05/2026 $50.24 $50.27 $50.19 $50.26 117,400
21/05/2026 $50.15 $50.23 $50.15 $50.19 127,900
20/05/2026 $50.22 $50.24 $50.17 $50.20 115,000