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

In the year to Sep 13, 2026, with distributions reinvested, EMB returned +2.8% and MUB returned +0.1%, so EMB returned more. One year is one year; the longer windows are in the table.

Which is cheaper, EMB or MUB?

EMB charges 0.39% a year and MUB charges 0.05%, so MUB is cheaper. Fees come from each fund's prospectus.

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

ETFIQetfiq.com · independent ETF data

EMB vs MUB: how they differ

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

iShares J.P. Morgan USD Emerging Markets Bond ETF and iShares National Muni Bond ETF.

What they hold in common

By the books each fund has filed, EMB 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 EMB	Only in MUB
BLK CSH FND TREASURY SL AGENCY 0.84%	HOUSTON TEX HIGHER ED FIN CORP 0.13%
EAGLE FUNDING LUXCO SARL RegS 0.50%	DISTRICT COLUMBIA UNIV REV 0.10%
UKRAINE (REPUBLIC OF) C BONDS RegS 0.42%	ECTOR CNTY TEX 0.08%
ECUADOR REPUBLIC OF (GOVERNMENT) RegS 0.34%	NEW ORLEANS LA 0.08%
GHANA (REPUBLIC OF) DISCO RegS 0.31%	PORT TACOMA WASH REV 0.08%
CHINA LIFE INSURANCE OVERSEAS CO L RegS 0.28%	CONTRA COSTA CALIF CMNTY COLLE 0.06%
REPUBLIC OF HUNGARY 0.27%	LOS ANGELES CALIF 0.06%
ANGOLA (REPUBLIC OF) RegS 0.26%	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.

EMB and MUB on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	EMB iShares J.P. Morgan USD Emerging Markets Bond ETF	MUB iShares National Muni Bond ETF
Where it sits	Core index fund	Core index fund
Issuer	iShares	iShares
What it is	J.P. Morgan USD Emerging Markets Bond	National Muni Bond
Total return, 1 year	+2.8%	+0.1%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−14.7 pts	−17.4 pts
Expense ratio	0.39%	0.05%
Holdings	612	5215

EMB in plain words

EMB is a bond fund tracking the J.P. Morgan USD Emerging Markets Bond. Over the year to Sep 11, 2026 it returned +2.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.39% 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, EMB or MUB?: In the year to Sep 13, 2026, with distributions reinvested, EMB returned +2.8% and MUB returned +0.1%, so EMB returned more. One year is one year; the longer windows are in the table.
Which is cheaper, EMB or MUB?: EMB charges 0.39% 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.

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

A comparison is not a recommendation. Standards and sources