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

ETFIQetfiq.com · independent ETF data

IUSB vs MUB: how they differ

IUSB and MUB hold 0% of their weight in the same names.

iShares Core Universal USD Bond ETF and iShares National Muni Bond ETF.

What they hold in common

By the books each fund has filed, IUSB 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 IUSBOnly in MUB
United States of America 0.38%HOUSTON TEX HIGHER ED FIN CORP 0.13%
United States of America 0.37%DISTRICT COLUMBIA UNIV REV 0.10%
United States of America 0.37%ECTOR CNTY TEX 0.08%
United States of America 0.37%NEW ORLEANS LA 0.08%
United States of America 0.36%PORT TACOMA WASH REV 0.08%
United States of America 0.36%CONTRA COSTA CALIF CMNTY COLLE 0.06%
United States of America 0.36%LOS ANGELES CALIF 0.06%
United States of America 0.35%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 Apr 30, 2026 and Sep 10, 2026.

IUSB and MUB on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
IUSB
iShares Core Universal USD Bond ETF
MUB
iShares National Muni Bond ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isCore Universal USD BondNational Muni Bond
Total return, 1 year−0.3%+0.1%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−17.8 pts−17.4 pts
Expense ratio0.06%0.05%
Holdings178195215

IUSB in plain words

IUSB is a bond fund tracking the Core Universal USD Bond. Over the year to Sep 11, 2026 it returned −0.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.06% 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, IUSB or MUB?
In the year to Sep 13, 2026, with distributions reinvested, IUSB returned −0.3% and MUB returned +0.1%, so MUB returned more. One year is one year; the longer windows are in the table.
Which is cheaper, IUSB or MUB?
IUSB charges 0.06% a year and MUB charges 0.05%, so MUB is cheaper. Fees come from each fund's prospectus.

Other comparisons

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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.

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

A comparison is not a recommendation. Standards and sources