Get the weekly note

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

EFA vs MUB: how they differ

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

iShares MSCI EAFE ETF and iShares National Muni Bond ETF.

What they hold in common

By the books each fund has filed, EFA 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 EFAOnly in MUB
ASML HOLDING 3.01%HOUSTON TEX HIGHER ED FIN CORP 0.13%
HSBC HOLDINGS PLC 1.61%DISTRICT COLUMBIA UNIV REV 0.10%
ROCHE PS PAR AG 1.36%ECTOR CNTY TEX 0.08%
SHELL PLC 1.25%NEW ORLEANS LA 0.08%
MITSUBISHI UFJ FINANCIAL GROUP 1.15%PORT TACOMA WASH REV 0.08%
NOVARTIS AG 1.15%CONTRA COSTA CALIF CMNTY COLLE 0.06%
NESTLE SA 1.12%LOS ANGELES CALIF 0.06%
ASTRAZENECA PLC 1.09%LOS ANGELES CNTY CALIF 0.06%

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 Sep 10, 2026.

EFA and MUB on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
EFA
iShares MSCI EAFE ETF
MUB
iShares National Muni Bond ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isDeveloped markets ex USNational Muni Bond
Total return, 1 year+18.2%+0.1%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500+0.7 pts−17.4 pts
Expense ratio0.32%0.05%
Holdings6705215

EFA in plain words

EFA is an index equity fund tracking the Developed markets ex US. Over the year to Sep 11, 2026 it returned +18.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.32% a year. By its holdings filed for Sep 10, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 670 positions, with the top ten at 13.8%.

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, EFA or MUB?
In the year to Sep 13, 2026, with distributions reinvested, EFA returned +18.2% and MUB returned +0.1%, so EFA returned more. One year is one year; the longer windows are in the table.
Which is cheaper, EFA or MUB?
EFA charges 0.32% 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.

EFA against MUB, ETFIQ, data as of Sep 13, 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, EFA against MUB, data as of Sep 13, 2026. https://etfiq.com/compare/any/efa-vs-mub Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources