Which returned more over the last year, EEM or MUB?

In the year to Sep 12, 2026, with distributions reinvested, EEM returned +32.3% and MUB returned +0.1%, so EEM returned more. One year is one year; the longer windows are in the table.

Which is cheaper, EEM or MUB?

EEM charges 0.72% a year and MUB charges 0.05%, so MUB is cheaper. Fees come from each fund's prospectus.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

EEM vs MUB: how they differ

EEM and MUB hold 0% of their weight in the same names, and EEM returned more over the year.

iShares MSCI Emerging Markets ETF and iShares National Muni Bond ETF.

What they hold in common

By the books each fund has filed, EEM and MUB hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in EEM	Only in MUB
Taiwan Semiconductor Manufacturing Compa 14.28%	Board of Regents of the University of Te 0.20%
SK hynix Inc. 6.65%	New York State Thruway Authority 0.16%
Tencent Holdings Limited 2.71%	New York State Dormitory Authority 0.14%
Alibaba Group Holding Limited 2.08%	Houston Higher Education Finance Corp. 0.13%
MediaTek Inc. 1.62%	Northwest Independent School District 0.13%
DELTA ELECTRONICS, INC. 1.17%	Ohio State University (The) 0.13%
HON HAI PRECISION INDUSTRY CO., LTD. 0.90%	State of New Jersey 0.13%
Samsung Electronics Co., Ltd. 0.85%	State of California 0.13%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026.

EEM and MUB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	EEM iShares MSCI Emerging Markets ETF	MUB iShares National Muni Bond ETF
Where it sits	Core index fund	Core index fund
Issuer	iShares	iShares
What it is	Emerging markets	National Muni Bond
Total return, 1 year	+32.3%	+0.1%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	+14.8 pts	−17.4 pts
Expense ratio	0.72%	0.05%
Holdings	1245	6603

EEM in plain words

EEM is an index equity fund tracking the Emerging markets. Over the year to Sep 11, 2026 it returned +32.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.72% a year. By its holdings filed for May 31, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 1245 positions, with the top ten at 38.9%. It sat 4.7% below its high of Jun 22, 2026 on Sep 11, 2026.

MUB in plain words

MUB is a bond fund tracking the National Muni Bond. Over the year to Sep 11, 2026 it returned +0.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 3.6% below its high of Jul 6, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, EEM or MUB?: In the year to Sep 12, 2026, with distributions reinvested, EEM returned +32.3% and MUB returned +0.1%, so EEM returned more. One year is one year; the longer windows are in the table.
Which is cheaper, EEM or MUB?: EEM charges 0.72% a year and MUB charges 0.05%, so MUB is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

EEM against MUB, ETFIQ, data as of Sep 12, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, EEM against MUB, data as of Sep 12, 2026. https://etfiq.com/compare/any/EEM-MUB Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources