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

In the year to Oct 28, 2026, with distributions reinvested, HYG returned +1.3% and MUB −0.4%.

Which is cheaper, HYG or MUB?

MUB is cheaper, by 0.44 percentage points a year. That is about $44 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

HYG vs MUB: Differences, Returns & Fees

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On Aug 31, 2026 HYG's duration was 2.9 years and MUB's 7.0; MUB charges 0.05% to HYG's 0.49%.

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Net assets on Oct 27, 2026: $17.5bn for iShares iBoxx $ High Yield Corporate Bond ETF and $54.1bn for iShares National Muni Bond ETF.

HYG on its own →MUB on its own →

At a glance

+1.3%

HYG total return, 1 year

−0.4%

MUB total return, 1 year

0.49%

HYG expense ratio

0.05%

MUB expense ratio

Pair scorecard

MUB costs 0.44 points a year less; their one-year returns differ by 1.7 points; MUB is 3.1 times larger.

HYG vs MUB: Differences, Returns & Fees
Measure	HYG	MUB
Return
Measure	HYG	MUB
Total return, 1 year	+1.3%	−0.4%
Benchmark
Measure	HYG	MUB
What it tracks	Markit iBoxx USD Liquid High Yield Index	ICE AMT-Free US National Municipal Index
Cost and size
Measure	HYG	MUB
Expense ratio	0.49%	0.05%
Net assets, as of Oct 27, 2026	$17.5bn	$54.1bn
Holdings
Measure	HYG	MUB
Holdings in common	0%

Holdings in common uses holdings dated Aug 31, 2026. Method

What they share

By the books each fund has filed, HYG and MUB hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first HYG MUB

Only in one fund ↓

Only in HYG

1261229 BC Ltd, due Apr 15, 2032 0.50%

Meridian Arc Holdco LLC, due Apr 30, 2031 0.45%

EchoStar Corp, due Nov 30, 2029 0.43%

PR RNO Property Owner 1 LLC, due May 1, 2031 0.34%

Quikrete Holdings Inc, due Mar 1, 2032 0.32%

Cloud Software Group LLC, due Mar 31, 2029 0.32%

Cloud Software Group LLC, due Sep 30, 2029 0.32%

Galaxy Helios Data Centers II LLC, due Aug 1, 2031 0.30%

Only in MUB

Board of Regents of the University of Texas System, Series 2025B, due Aug 15, 2036 0.18%

San Antonio Water System, Series 2025D, due May 1, 2055 0.15%

New York State Thruway Authority, Series 2022A, due Mar 15, 2048 0.15%

New York State Dormitory Authority, Series 2019D, due Feb 15, 2047 0.13%

Northwest Independent School District, Series 2025, due Feb 15, 2055 0.12%

Houston Higher Education Finance Corp., Series 2024, due May 15, 2034 0.12%

State of New Jersey, Series 2020A, due Jun 1, 2028 0.12%

Ohio State University (The), Series 2026A, due Jun 1, 2035 0.12%

Check overlap with more funds →

Side by side

HYG iShares iBoxx $ High Yield Corporate Bond ETF MUB iShares National Muni Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares iShares

What it is Tracks an index of US high yield bonds Tracks an index of National Muni Bond

Total return, 1 year +1.3% −0.4%

Its benchmark over the same days −1.2% (IUSB) not measured

Gap to its benchmark +2.5 pts vs IUSB not measured

Expense ratio 0.49% 0.05%

Holdings 1332 7873

Net assets, as of Oct 27, 2026 $17.5bn $54.1bn

HYG and MUB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

HYG

HYG tracks an index of US high yield bonds. Over the year to Oct 28, 2026 it returned +1.3% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.49% a year.

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, HYG or MUB?: In the year to Oct 28, 2026, with distributions reinvested, HYG returned +1.3% and MUB −0.4%.
Which is cheaper, HYG or MUB?: MUB is cheaper, by 0.44 percentage points a year. That is about $44 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

HYG vs VTEB HYG vs HYMB HYG vs VGLT HYG vs VCLT MUB vs USHY JNK vs MUB LQD vs MUB IEI vs MUB

Where to next

HYG on its own →MUB on its own →Hold both: look the portfolio through →Rankings →HYG dividend history →HYG holdings →MUB dividend history →MUB holdings →Standards and sources →

Sources and dates

HYG and MUB filings on SEC EDGAR ↗

HYG and MUB prospectus with the expense ratio (SEC) ↗

iShares page for HYG ↗

iShares page for MUB ↗

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, HYG against MUB, data as of Oct 28, 2026. https://etfiq.com/compare/any/hyg-vs-mub

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.