Really, the only lyrical masterpiece we've gotten this century has been City of Blinding Lights (well, and Mercy, to an extent, but it needs fixing). But that's not the entire point. City works as a uplifting track, just as Streets did, partially because it is lyrically deep.
However, usually the issue is not thematic, but presentational.
For instance, let's take Love and Peace. It's an okay song. But it's about the same subject as Sunday Bloody Sunday, Bullet the Blue Sky, and Please. It is not nearly as good as those three.
Sunday Bloody Sunday is filled with raw emotion and a lot of anger on Bono's part. It is an amazing song; one of the early era's best. The music fits it perfectly... the drumming and the guitar perfectly complement Bono's angst.
Bullet is a more violent, anti-Reagan song. Listen any live version of it up to 1997 (after that, they just played it, dropping the attitude, because it was McG's favorite) and you'll hear the raw passion in Bono's voice. Edge's guitar solo goes along perfectly with it; it is Bluesy and American, showing what the song is about, and showing their anger at the American government at the time.
Please is, for me, probably the best of these songs. It is absolutely haunting. Like One, the guitar in it seems to almost cry. A true masterpiece.
LAPOE: Bono bangs on drums and screams "WE NEED LOVE AND PEACE!" a lot. Catchy melody, nothing deep, absolutely no emotion whatsoever coming out of any band member.