Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
IUSB vs MUB: how they differ
IUSB and MUB hold 0% of their weight in the same names.
iShares Core Universal USD Bond ETF and iShares National Muni Bond ETF.
What they hold in common
By the books each fund has filed, IUSB and MUB hold 0% of their money in the same securities at the same weight.
| Only in IUSB | Only in MUB |
|---|---|
| United States of America 0.38% | Board of Regents of the University of Te 0.20% |
| United States of America 0.37% | New York State Thruway Authority 0.16% |
| United States of America 0.37% | New York State Dormitory Authority 0.14% |
| United States of America 0.37% | Houston Higher Education Finance Corp. 0.13% |
| United States of America 0.36% | Northwest Independent School District 0.13% |
| United States of America 0.36% | Ohio State University (The) 0.13% |
| United States of America 0.36% | State of New Jersey 0.13% |
| United States of America 0.35% | 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 Apr 30, 2026 and May 31, 2026.
| IUSB iShares Core Universal USD Bond ETF | MUB iShares National Muni Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | Core Universal USD Bond | National Muni Bond |
| Total return, 1 year | −0.3% | +0.1% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −17.8 pts | −17.4 pts |
| Expense ratio | 0.06% | 0.05% |
| Holdings | 17819 | 6603 |
IUSB in plain words
IUSB is a bond fund tracking the Core Universal USD Bond. Over the year to Sep 11, 2026 it returned −0.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% a year.
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, IUSB or MUB?
- In the year to Sep 12, 2026, with distributions reinvested, IUSB returned −0.3% and MUB returned +0.1%, so MUB returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, IUSB or MUB?
- IUSB charges 0.06% a year and MUB charges 0.05%, so MUB is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where to next
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, IUSB against MUB, data as of Sep 12, 2026. https://etfiq.com/compare/any/IUSB-MUB Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources