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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

INDA vs MUB: how they differ

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

iShares MSCI India ETF and iShares National Muni Bond ETF.

What they hold in common

By the books each fund has filed, INDA 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 INDAOnly in MUB
RELIANCE INDUSTRIES LIMITED 6.23%Board of Regents of the University of Te 0.20%
HDFC BANK LIMITED 6.15%New York State Thruway Authority 0.16%
ICICI BANK LIMITED 4.68%New York State Dormitory Authority 0.14%
BHARTI AIRTEL LIMITED 3.63%Houston Higher Education Finance Corp. 0.13%
INFOSYS LIMITED 2.92%Northwest Independent School District 0.13%
AXIS BANK LIMITED 2.23%Ohio State University (The) 0.13%
MAHINDRA AND MAHINDRA LIMITED 2.20%State of New Jersey 0.13%
LARSEN AND TOUBRO LIMITED 2.13%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.

INDA and MUB on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
INDA
iShares MSCI India ETF
MUB
iShares National Muni Bond ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isMSCI IndiaNational Muni Bond
Total return, 1 year−8.8%+0.1%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−26.3 pts−17.4 pts
Expense ratio0.61%0.05%
Holdings1696603

INDA in plain words

INDA is an index equity fund tracking the MSCI India. Over the year to Sep 11, 2026 it returned −8.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.61% 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 169 positions, with the top ten at 33.7%. It sat 17.4% below its high of Sep 26, 2024 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, INDA or MUB?
In the year to Sep 12, 2026, with distributions reinvested, INDA returned −8.8% and MUB returned +0.1%, so MUB returned more. One year is one year; the longer windows are in the table.
Which is cheaper, INDA or MUB?
INDA charges 0.61% 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.

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

A comparison is not a recommendation. Standards and sources