Data as of Oct 28, 2026.
MUB vs SCHH: Differences, Returns & Fees
Over the year to Oct 28, 2026, MUB returned −0.4% to SCHH's +8.7%; 0% of their weight is in the same names.
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Net assets: $54.1bn on Oct 27, 2026 for iShares National Muni Bond ETF, and $11.2bn on Aug 31, 2026 for Schwab U.S. REIT ETF.
Pair scorecard
MUB costs 0.02 points a year less; their one-year returns differ by 9.1 points.
| Measure | MUB | SCHH |
|---|---|---|
| Return | ||
| Total return, 1 year | −0.4% | +8.7% |
| Drawdown | ||
| Below its high | 8.5%, high on Jul 24, 2026 | |
| Benchmark | ||
| What it tracks | ICE AMT-Free US National Municipal Index | US REIT |
| Cost and size | ||
| Expense ratio | 0.05% | 0.07% |
| Net assets, MUB as of Oct 27, 2026 and SCHH as of Aug 31, 2026 | $54.1bn | $11.2bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 74% | |
| Top ten holdings, share of the fund | 51.6% | |
Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method
Risk and return
Jan 21, 2011 to Oct 23, 2026 · 822 weekly returnsSCHH returned more: +175.1% to +58.9%. MUB swung less: 5.7% to 20.9%. MUB fell less at its worst: −12.4% to −42.3%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | MUB | SCHH | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +58.9% | +175.1% | SCHH | Price change plus distributions, reinvested. |
| Annualized | +3.0% | +6.6% | SCHH | Total return as a yearly rate. |
| Price return | +5.2% | +79.9% | SCHH | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 5.7% | 20.9% | MUB | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 4.0% | 14.7% | MUB | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −12.4% | −42.3% | MUB | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.26 | 0.33 | SCHH | Return above Treasury bills per unit of volatility. |
| Sortino | 0.37 | 0.47 | SCHH | Return above Treasury bills per unit of downside deviation. |
| Calmar | 0.24 | 0.16 | MUB | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 822 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, MUB and SCHH hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
MUB and SCHH on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
MUB and SCHH do different jobs. What does each one do in a portfolio?
- What each follows. MUB follows ICE AMT-Free US National Municipal Index and SCHH follows US REIT.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Oct 27, 2026 and Aug 31, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 MUB returned −0.4% and SCHH +8.7% with distributions reinvested, a gap of 9.1 points.
Data as of Oct 28, 2026.
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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.
SCHH
SCHH tracks an index of US REIT. Over the year to Oct 28, 2026 it returned +8.7% with distributions reinvested. The prospectus expense ratio is 0.07% a year. By its holdings filed for Aug 31, 2026, 74% of the fund by weight is stocks the S&P 500 also holds, across 117 positions, with the top ten at 51.6%. It sat 8.5% below its high of Jul 24, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, MUB or SCHH?
- In the year to Oct 28, 2026, with distributions reinvested, MUB returned −0.4% and SCHH +8.7%.
- Which is cheaper, MUB or SCHH?
- MUB is cheaper, by 0.02 percentage points a year. That is about $2 on $10,000 held for a year. Fees come from each fund's prospectus.
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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, MUB against SCHH, data as of Oct 28, 2026. https://etfiq.com/compare/any/mub-vs-schh
ETFIQ. (Oct 28, 2026). MUB against SCHH. Retrieved from https://etfiq.com/compare/any/mub-vs-schh
[MUB against SCHH (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/mub-vs-schh)
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