Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
FENI vs MUB: how they differ
FENI and MUB hold 0% of their weight in the same names, and FENI returned more over the year.
Fidelity Enhanced International ETF and iShares National Muni Bond ETF.
What they hold in common
By the books each fund has filed, FENI and MUB hold 0% of their money in the same securities at the same weight.
| Only in FENI | Only in MUB |
|---|---|
| ASML HOLDING NV 4.11% | Board of Regents of the University of Te 0.20% |
| NESTLE SA 1.77% | New York State Thruway Authority 0.16% |
| SIEMENS AG 1.63% | New York State Dormitory Authority 0.14% |
| TOKYO ELECTRON LTD 1.46% | Houston Higher Education Finance Corp. 0.13% |
| ABB LTD 1.34% | Northwest Independent School District 0.13% |
| HSBC HOLDINGS PLC 1.33% | Ohio State University (The) 0.13% |
| IBERDROLA SA 1.23% | State of New Jersey 0.13% |
| BANCO BILBAO VIZCAYA ARGENTARIA S.A 1.22% | 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 Jun 30, 2026 and May 31, 2026.
| FENI Fidelity Enhanced International ETF | MUB iShares National Muni Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Fidelity | iShares |
| What it is | Enhanced International | National Muni Bond |
| Total return, 1 year | +19.4% | +0.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +1.9 pts | −17.4 pts |
| Expense ratio | 0.28% | 0.05% |
| Holdings | 392 | 6603 |
FENI in plain words
FENI is an index equity fund tracking the Enhanced International. Over the year to Sep 11, 2026 it returned +19.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.28% a year. By its holdings filed for Jun 30, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 392 positions, with the top ten at 16.7%.
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, FENI or MUB?
- In the year to Sep 12, 2026, with distributions reinvested, FENI returned +19.4% and MUB returned +0.1%, so FENI returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, FENI or MUB?
- FENI charges 0.28% a year and MUB charges 0.05%, so MUB is cheaper. Fees come from each fund's prospectus.
Other comparisons
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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.
Cite this page. ETFIQ, FENI against MUB, data as of Sep 12, 2026. https://etfiq.com/compare/any/FENI-MUB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources