Data as of Oct 28, 2026.
EWY vs MUB: Differences, Returns & Fees
Over the year to Oct 28, 2026, EWY returned +79.7% to MUB's −0.4%; 0% of their weight is in the same names.
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Net assets: $24.4bn on Oct 28, 2026 for iShares MSCI South Korea ETF, and $54.1bn on Oct 27, 2026 for iShares National Muni Bond ETF.
Pair scorecard
MUB costs 0.54 points a year less; their one-year returns differ by 80.1 points; MUB is 2.4 times larger.
| Measure | EWY | MUB |
|---|---|---|
| Return | ||
| Total return, 1 year | +79.7% | −0.4% |
| Drawdown | ||
| Below its high | 24.3%, high on Jun 18, 2026 | |
| Benchmark | ||
| What it tracks | MSCI Korea 25/50 Daily 25 Capped Index | ICE AMT-Free US National Municipal Index |
| Cost and size | ||
| Expense ratio | 0.59% | 0.05% |
| Net assets, as of Oct 26, 2026 | $22.5bn | $54.1bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 0% | |
| Top ten holdings, share of the fund | 60.9% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
Risk and return
Sep 21, 2007 to Oct 23, 2026 · 996 weekly returnsEWY returned more: +201.7% to +76.1%. MUB swung less: 6.5% to 29.8%. MUB fell less at its worst: −12.4% to −70.1%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | EWY | MUB | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +201.7% | +76.1% | EWY | Price change plus distributions, reinvested. |
| Annualized | +5.9% | +3.0% | EWY | Total return as a yearly rate. |
| Price return | +123.9% | +3.4% | EWY | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 29.8% | 6.5% | MUB | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 20.6% | 4.7% | MUB | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −70.1% | −12.4% | MUB | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.29 | 0.26 | EWY | Return above Treasury bills per unit of volatility. |
| Sortino | 0.42 | 0.36 | EWY | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.08 | 0.24 | MUB | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 996 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, EWY and MUB hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
EWY and MUB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
EWY and MUB do different jobs. What does each one do in a portfolio?
- What each follows. EWY follows MSCI Korea 25/50 Daily 25 Capped Index and MUB follows ICE AMT-Free US National Municipal Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 EWY returned +79.7% and MUB −0.4% with distributions reinvested, a gap of 80.1 points.
Data as of Oct 28, 2026.
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EWY
EWY tracks the MSCI South Korea. Over the year to Oct 28, 2026 it returned +79.7% with distributions reinvested, against +16.3% for its benchmark, the MSCI Emerging Markets Index. The prospectus expense ratio is 0.59% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 78 positions, with the top ten at 60.9%. It sat 24.3% below its high of Jun 18, 2026 on Oct 28, 2026.
MUB
MUB tracks an index of National Muni Bond. Over the year to Oct 28, 2026 it returned −0.4% with distributions reinvested. The prospectus expense ratio is 0.05% a year.
Questions people ask
- Which returned more over the last year, EWY or MUB?
- In the year to Oct 28, 2026, with distributions reinvested, EWY returned +79.7% and MUB −0.4%.
- Which is cheaper, EWY or MUB?
- MUB is cheaper, by 0.54 percentage points a year. That is about $54 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, EWY against MUB, data as of Oct 28, 2026. https://etfiq.com/compare/any/ewy-vs-mub
ETFIQ. (Oct 28, 2026). EWY against MUB. Retrieved from https://etfiq.com/compare/any/ewy-vs-mub
[EWY against MUB (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/ewy-vs-mub)
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