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

ETFIQetfiq.com · independent ETF data

EWJ vs MUB: how they differ

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

iShares MSCI Japan ETF and iShares National Muni Bond ETF.

What they hold in common

By the books each fund has filed, EWJ 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 EWJOnly in MUB
Mitsubishi UFJ Financial Group, Inc. 4.08%Board of Regents of the University of Te 0.20%
TOYOTA MOTOR CORPORATION 3.45%New York State Thruway Authority 0.16%
SoftBank Group Corp. 3.37%New York State Dormitory Authority 0.14%
Tokyo Electron Limited 2.90%Houston Higher Education Finance Corp. 0.13%
Hitachi, Ltd. 2.86%Northwest Independent School District 0.13%
Sumitomo Mitsui Financial Group, Inc. 2.58%Ohio State University (The) 0.13%
Sony Group Corporation 2.56%State of New Jersey 0.13%
ADVANTEST CORPORATION 2.41%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.

EWJ and MUB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
EWJ
iShares MSCI Japan ETF
MUB
iShares National Muni Bond ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isMSCI JapanNational Muni Bond
Total return, 1 year+26.5%+0.1%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+9.0 pts−17.4 pts
Expense ratio0.49%0.05%
Holdings1796603

EWJ in plain words

EWJ is an index equity fund tracking the MSCI Japan. Over the year to Sep 11, 2026 it returned +26.5% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.49% 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 179 positions, with the top ten at 28.4%.

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, EWJ or MUB?
In the year to Sep 12, 2026, with distributions reinvested, EWJ returned +26.5% and MUB returned +0.1%, so EWJ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, EWJ or MUB?
EWJ charges 0.49% 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.

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

A comparison is not a recommendation. Standards and sources