Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MUB vs USHY: how they differ
MUB and USHY hold 0% of their weight in the same names, and USHY returned more over the year.
iShares National Muni Bond ETF and iShares Broad USD High Yield Corporate Bond ETF.
What they hold in common
By the books each fund has filed, MUB and USHY hold 0% of their money in the same securities at the same weight.
| Only in MUB | Only in USHY |
|---|---|
| Board of Regents of the University of Te 0.20% | 1261229 BC LTD 0.48% |
| New York State Thruway Authority 0.16% | ECHOSTAR CORP 0.42% |
| New York State Dormitory Authority 0.14% | QUIKRETE HOLDINGS INC 0.29% |
| Houston Higher Education Finance Corp. 0.13% | SV RNO PROPERTY OWNER 1 0.28% |
| Northwest Independent School District 0.13% | CLOUD SOFTWARE GRP INC 0.27% |
| Ohio State University (The) 0.13% | WULF COMPUTE LLC 0.26% |
| State of New Jersey 0.13% | ASURION LLC/ASURION CO 0.26% |
| State of California 0.13% | HUB INTERNATIONAL LTD 0.26% |
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.
| MUB iShares National Muni Bond ETF | USHY iShares Broad USD High Yield Corporate Bond ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | iShares |
| What it is | National Muni Bond | Broad USD High Yield Corporate Bond |
| Total return, 1 year | +0.1% | +3.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −17.4 pts | −14.2 pts |
| Expense ratio | 0.05% | 0.08% |
| Holdings | 6603 | 1894 |
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.
USHY in plain words
USHY is a bond fund tracking the Broad USD High Yield Corporate Bond. Over the year to Sep 11, 2026 it returned +3.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year.
Questions people ask
- Which returned more over the last year, MUB or USHY?
- In the year to Sep 12, 2026, with distributions reinvested, MUB returned +0.1% and USHY returned +3.3%, so USHY returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MUB or USHY?
- MUB charges 0.05% a year and USHY charges 0.08%, 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, MUB against USHY, data as of Sep 12, 2026. https://etfiq.com/compare/any/MUB-USHY Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources