Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.
MUB vs XLP: how they differ
MUB and XLP hold 0% of their weight in the same names, and XLP returned more over the year.
iShares National Muni Bond ETF and State Street(R) Consumer Staples Select Sector SPDR(R) ETF.
What they hold in common
By the books each fund has filed, MUB and XLP hold 0% of their money in the same securities at the same weight.
| Only in MUB | Only in XLP |
|---|---|
| Board of Regents of the University of Te 0.20% | Walmart Inc 10.84% |
| New York State Thruway Authority 0.16% | Costco Wholesale Corp 9.06% |
| New York State Dormitory Authority 0.14% | Procter & Gamble Co/The 7.46% |
| Houston Higher Education Finance Corp. 0.13% | Coca-Cola Co/The 6.87% |
| Northwest Independent School District 0.13% | Philip Morris International Inc 6.16% |
| Ohio State University (The) 0.13% | Colgate-Palmolive Co 4.71% |
| State of New Jersey 0.13% | Altria Group Inc 4.55% |
| State of California 0.13% | Monster Beverage Corp 4.47% |
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.
| MUB iShares National Muni Bond ETF | XLP State Street(R) Consumer Staples Select Sector SPDR(R) ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | iShares | State Street |
| What it is | National Muni Bond | Consumer staples |
| Total return, 1 year | +0.1% | +6.3% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | −17.4 pts | −11.2 pts |
| Expense ratio | 0.05% | 0.08% |
| Holdings | 6603 | 34 |
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.
XLP in plain words
XLP is an index equity fund tracking the Consumer staples. Over the year to Sep 11, 2026 it returned +6.3% 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. By its holdings filed for Jun 30, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 34 positions, with the top ten at 62.6%. It sat 6.2% below its high of Feb 27, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, MUB or XLP?
- In the year to Sep 12, 2026, with distributions reinvested, MUB returned +0.1% and XLP returned +6.3%, so XLP returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, MUB or XLP?
- MUB charges 0.05% a year and XLP charges 0.08%, 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.
Cite this page. ETFIQ, MUB against XLP, data as of Sep 12, 2026. https://etfiq.com/compare/any/MUB-XLP Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources