Summary
MEAR
Prices · period metrics · 12M
NAV as of 15/10/2026
02/04/2025 → 02/04/2026
Return 1.64% 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: 15/10/2026

Current price: $49.80

Expense ratio: 0.26%

Assets under management
$1.5B
-0.03% 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

-0.02%

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

-0.23%

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

0.36%

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

1.64%

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

4.81%

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

9.69%

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: 15/10/2025 - 15/10/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.006%

Best day

0.161%

08/10/2026
Worst day

-0.238%

20/03/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
15/10/2026 $49.82 $49.88 $49.79 $49.80 915,700
14/10/2026 $49.74 $49.77 $49.69 $49.76 393,500
13/10/2026 $49.57 $49.79 $49.57 $49.73 217,000
12/10/2026 $49.71 $49.73 $49.65 $49.66 477,700
09/10/2026 $49.60 $49.73 $49.60 $49.68 483,200
08/10/2026 $49.55 $49.65 $49.49 $49.63 347,100
07/10/2026 $49.49 $49.68 $49.49 $49.55 379,500
06/10/2026 $49.70 $49.70 $49.60 $49.63 341,400
05/10/2026 $49.50 $49.64 $49.50 $49.63 447,200
02/10/2026 $49.69 $49.69 $49.57 $49.57 231,800