MEAR vs ZROZ

Comparison between ISHARES SHORT MATURITY MUNICIPAL BOND ACTIVE ETF (MEAR, ETF) and PIMCO 25+ YEAR ZERO COUPON U.S. TREASURY INDEX EXCHANGE-TRADED FUND (ZROZ, ETF).

5-Year PerformanceMEAR has outperformed ZROZ, delivering a return of +2.4% compared to -11.4%

MEAR vs ZROZ - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	MEAR(ETF)	ZROZ(ETF)
Net Assets	$1.40B	$1.40B
Expense Ratio	0.25%	0.15%
Max Drawdown	2.82%	67.48%
Sharpe Ratio	-0.21	-0.21
5Y Beta	0.01	0.11
5Y Dividends CAGR	36.70%	3.66%

Net Assets

MEAR

$1.40B

ZROZ

$1.40B

Expense Ratio

MEAR

0.25%

Winner

ZROZ

0.15%

Max Drawdown

Winner

MEAR

2.82%

ZROZ

67.48%

Sharpe Ratio

MEAR

-0.21

Winner

ZROZ

-0.21

5Y Beta

Winner

MEAR

0.01

ZROZ

0.11

5Y Dividends CAGR

Winner

MEAR

36.70%

ZROZ

3.66%

MEAR vs ZROZ - Historical Returns

Returns include dividend reinvestment.

Period	MEAR	ZROZ
1 month	+0.26%	-1.33%
3 months	+0.27%	-0.95%
6 months	+1.32%	-4.75%
1 year	+3.45%	+0.27%
5 years(CAGR)	+2.39%	-11.36%
10 years(CAGR)	+1.78%	-3.79%
Max(CAGR)	+1.67%	+2.14%

Winner

MEAR

+0.26%

ZROZ

-1.33%

Winner

MEAR

+0.27%

ZROZ

-0.95%

Winner

MEAR

+1.32%

ZROZ

-4.75%

Winner

MEAR

+3.45%

ZROZ

+0.27%

5Y(CAGR)

Winner

MEAR

+2.39%

ZROZ

-11.36%

10Y(CAGR)

Winner

MEAR

+1.78%

ZROZ

-3.79%

Max(CAGR)

MEAR

+1.67%

Winner

ZROZ

+2.14%

MEAR vs ZROZ - Annual Returns (2009 - 2026)

Returns include dividend reinvestment.

Year	MEAR	ZROZ
2026	+0.83%	-0.16%
2025	+3.72%	-1.87%
2024	+3.28%	-15.03%
2023	+3.91%	-1.52%
2022	+0.12%	-39.26%
2021	+0.16%	-4.79%
2020	+1.02%	+22.56%
2019	+2.03%	+20.05%
2018	+1.54%	-3.51%
2017	+0.88%	+13.87%
2016	+0.61%	-0.31%
2015	+0.54%	-7.39%
2014	N/A	+48.29%
2013	N/A	-19.11%
2012	N/A	+3.51%
2011	N/A	+61.75%
2010	N/A	+9.96%
2009	N/A	-6.29%

MEAR vs ZROZ Drawdown Comparison

The maximum drawdown for MEAR was -2.68%, occurring on Mar 23, 2020. Recovery took 80 trading sessions.

The maximum drawdown for ZROZ was -62.94%, occurring on Oct 19, 2023. This drawdown has not yet recovered.

The current ZROZ drawdown is -59.76%.

Rank	MEAR	ZROZ
#1	-2.68% Mar 6, 2020 - Jun 30, 2020	-62.94% Mar 9, 2020 - Oct 19, 2023
#2	-1.12% Jul 22, 2021 - Jan 4, 2023	-32.29% Jul 25, 2012 - Dec 11, 2014
#3	-0.87% Aug 23, 2016 - Feb 8, 2017	-28.88% Aug 26, 2010 - Aug 10, 2011
#4	-0.86% Apr 3, 2025 - May 15, 2025	-25.82% Jan 30, 2015 - Jun 27, 2016
#5	-0.78% Sep 14, 2015 - Feb 17, 2016	-25.21% Jul 8, 2016 - Aug 2, 2019
#6	-0.56% Mar 6, 2015 - Aug 7, 2015	-18.35% Oct 3, 2011 - Dec 19, 2011
#7	-0.52% Sep 14, 2017 - May 9, 2018	-17.49% Dec 19, 2011 - May 17, 2012
#8	-0.47% Feb 26, 2026 - May 6, 2026	-15.67% Nov 27, 2009 - May 6, 2010
#9	-0.43% Feb 17, 2017 - Feb 23, 2017	-12.23% Aug 28, 2019 - Feb 20, 2020
#10	-0.36% Apr 12, 2023 - May 31, 2023	-9.10% Aug 10, 2011 - Aug 18, 2011
#11	-0.36% Feb 8, 2017 - Feb 13, 2017	-8.29% May 6, 2010 - May 20, 2010
#12	-0.36% Sep 8, 2020 - Dec 23, 2020	-7.85% Sep 22, 2011 - Oct 3, 2011
#13	-0.36% Mar 7, 2017 - Apr 10, 2017	-7.18% Aug 19, 2011 - Sep 2, 2011
#14	-0.35% Feb 17, 2016 - May 10, 2016	-7.09% Jun 1, 2012 - Jul 20, 2012
#15	-0.32% Jun 21, 2018 - Jun 28, 2018	-6.88% Jul 1, 2010 - Aug 16, 2010

Correlation

Correlation between MEAR and ZROZ is -0.42 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.42

-101

Dividend Comparison (2009 - 2026)

MEAR vs ZROZ dividend yield comparison.

Year	MEAR	ZROZ
2026	0.91%	1.30%
2025	2.95%	4.96%
2024	3.44%	4.58%
2023	3.30%	3.52%
2022	0.88%	2.76%
2021	0.30%	1.60%
2020	0.90%	1.68%
2019	1.57%	2.22%
2018	1.36%	2.06%
2017	1.01%	2.53%
2016	0.81%	3.00%
2015	0.53%	2.98%
2014	0.00%	2.60%
2013	0.00%	4.28%
2012	0.00%	3.16%
2011	0.00%	2.99%
2010	0.00%	4.55%
2009	0.00%	0.74%