Data as of Oct 28, 2026.

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MOAT vs MUB: Differences, Returns & Fees

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Over the year to Oct 28, 2026, MOAT returned +10.3% to MUB's −0.4%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $11.6bn for VanEck Morningstar Wide Moat ETF and $54.1bn for iShares National Muni Bond ETF.

At a glance
+10.3%
MOAT total return, 1 year
−0.4%
MUB total return, 1 year
0.46%
MOAT expense ratio
0.05%
MUB expense ratio

Pair scorecard

MUB costs 0.41 points a year less; their one-year returns differ by 10.7 points; MUB is 4.7 times larger.

MOAT vs MUB: Differences, Returns & Fees
MeasureMOATMUB
Return
Total return, 1 year+10.3%−0.4%
Drawdown
Below its high3.7%, high on Aug 27, 2026
Benchmark
What it tracksMorningstar Wide Moat Focus IndexICE AMT-Free US National Municipal Index
Cost and size
Expense ratio0.46%0.05%
Net assets, as of Oct 27, 2026$11.6bn$54.1bn
Holdings
Holdings in common0%
In the S&P 500, by weight92%
Top ten holdings, share of the fund26.5%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, MOAT and MUB hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first MOAT MUB
Only in one fund ↓
Only in MOAT
Danaher Corp 2.85%
Microsoft Corp 2.81%
Estee Lauder Cos Inc 2.78%
Tyler Technologies Inc 2.73%
Broadridge Financial Solutions Inc 2.65%
Brown-Forman Corp 2.57%
Kenvue Inc 2.57%
Ge Healthcare Technologies Inc 2.55%
Only in MUB
UNIVERSITY TEX UNIV REVS 0.16%
SAN ANTONIO TEX WTR REV 0.13%
NEW YORK ST TWY AUTH ST PERS I 0.12%
NORTHWEST TEX INDPT SCH DIST 0.12%
OKLAHOMA TRANSN AUTH OK F/K/A 0.12%
HOUSTON TEX HIGHER ED FIN CORP 0.11%
NEW JERSEY ST 0.11%
OHIO ST UNIV GEN RCPTS 0.11%
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Side by side

MOAT VanEck Morningstar Wide Moat ETF MUB iShares National Muni Bond ETF
Where it sits Stock ETF Bond ETF
What it is Tracks the Morningstar Wide Moat Tracks an index of National Muni Bond
Total return, 1 year +10.3% −0.4%
Its benchmark over the same days +13.7% (VOO) not measured
Gap to its benchmark −3.4 pts vs VOO not measured
Expense ratio 0.46% 0.05%
Holdings 54 7873
Net assets, as of Oct 27, 2026 $11.6bn $54.1bn

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

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About each fund
MOAT

MOAT tracks the Morningstar Wide Moat. Over the year to Oct 28, 2026 it returned +10.3% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.46% a year. By its holdings published by its issuer for Oct 27, 2026, 92% of the fund by weight is stocks the S&P 500 also holds, across 54 positions, with the top ten at 26.5%. It sat 3.7% below its high of Aug 27, 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, MOAT or MUB?
In the year to Oct 28, 2026, with distributions reinvested, MOAT returned +10.3% and MUB −0.4%.
Which is cheaper, MOAT or MUB?
MUB is cheaper, by 0.41 percentage points a year. That is about $41 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, MOAT against MUB, data as of Oct 28, 2026. https://etfiq.com/compare/any/moat-vs-mub

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