Which returned more over the last year, MUB or XLU?

In the year to Sep 12, 2026, with distributions reinvested, MUB returned +0.1% and XLU returned +2.4%, so XLU returned more. One year is one year; the longer windows are in the table.

Which is cheaper, MUB or XLU?

MUB charges 0.05% a year and XLU charges 0.08%, so MUB is cheaper. Fees come from each fund's prospectus.

Data as of Sep 12, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

MUB vs XLU: how they differ

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

iShares National Muni Bond ETF and State Street(R) Utilities Select Sector SPDR(R) ETF.

What they hold in common

By the books each fund has filed, MUB and XLU 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 MUB	Only in XLU
Board of Regents of the University of Te 0.20%	NextEra Energy Inc 12.93%
New York State Thruway Authority 0.16%	Southern Co/The 7.62%
New York State Dormitory Authority 0.14%	Duke Energy Corp 6.97%
Houston Higher Education Finance Corp. 0.13%	Constellation Energy Corp 5.61%
Northwest Independent School District 0.13%	American Electric Power Co Inc 5.26%
Ohio State University (The) 0.13%	Sempra 4.28%
State of New Jersey 0.13%	Dominion Energy Inc 4.24%
State of California 0.13%	Entergy Corp 3.71%

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 and XLU on the fields both publish, as of Sep 12, 2026. Source: ETFIQ.
	MUB iShares National Muni Bond ETF	XLU State Street(R) Utilities Select Sector SPDR(R) ETF
Where it sits	Core index fund	Core index fund
Issuer	iShares	State Street
What it is	National Muni Bond	Utilities
Total return, 1 year	+0.1%	+2.4%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−17.4 pts	−15.1 pts
Expense ratio	0.05%	0.08%
Holdings	6603	31

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.

XLU in plain words

XLU is an index equity fund tracking the Utilities. Over the year to Sep 11, 2026 it returned +2.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% 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 31 positions, with the top ten at 57.7%. It sat 10.0% below its high of Feb 27, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, MUB or XLU?: In the year to Sep 12, 2026, with distributions reinvested, MUB returned +0.1% and XLU returned +2.4%, so XLU returned more. One year is one year; the longer windows are in the table.
Which is cheaper, MUB or XLU?: MUB charges 0.05% a year and XLU 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.

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

A comparison is not a recommendation. Standards and sources