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

In the year to Oct 28, 2026, with distributions reinvested, MUB returned −0.4% and SCHP −0.8%.

Which is cheaper, MUB or SCHP?

SCHP 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.

Data as of Oct 28, 2026.

Across categories

MUB vs SCHP: Differences, Returns & Fees

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MUB's duration was 7.0 years on Aug 31, 2026 and SCHP's 6.3 on Jun 30, 2026; SCHP charges 0.03% to MUB's 0.05%.

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Net assets: $54.1bn on Oct 27, 2026 for iShares National Muni Bond ETF, and $16.5bn on Jun 30, 2026 for Schwab U.S. TIPS ETF.

MUB on its own →SCHP on its own →

At a glance

−0.4%

MUB total return, 1 year

−0.8%

SCHP total return, 1 year

0.05%

MUB expense ratio

0.03%

SCHP expense ratio

Pair scorecard

SCHP costs 0.02 points a year less; their one-year returns differ by 0.4 points.

MUB vs SCHP: Differences, Returns & Fees
Measure	MUB	SCHP
Return
Measure	MUB	SCHP
Total return, 1 year	−0.4%	−0.8%
Benchmark
Measure	MUB	SCHP
What it tracks	ICE AMT-Free US National Municipal Index	US TIPS
Cost and size
Measure	MUB	SCHP
Expense ratio	0.05%	0.03%
Net assets, MUB as of Oct 27, 2026 and SCHP as of Jun 30, 2026	$54.1bn	$16.5bn
Holdings
Measure	MUB	SCHP
Holdings in common	0%

Holdings in common uses holdings dated Jun 30, 2026 and Aug 31, 2026. Method

What they share

By the books each fund has filed, MUB and SCHP hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first MUB SCHP

Only in one fund ↓

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%

Only in SCHP

U.S. Treasury Inflation-Indexed Notes, due Jul 15, 2035 4.07%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2035 4.01%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2036 4.00%

U.S. Treasury Inflation-Indexed Notes, due Jul 15, 2034 3.77%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2034 3.60%

U.S. Treasury Inflation-Indexed Notes, due Oct 15, 2030 3.40%

U.S. Treasury Inflation-Indexed Notes, due Apr 15, 2030 3.38%

U.S. Treasury Inflation-Indexed Notes, due Jan 15, 2033 3.36%

Check overlap with more funds →

Side by side

MUB iShares National Muni Bond ETF SCHP Schwab U.S. TIPS ETF

Where it sits Bond ETF Bond ETF

Issuer iShares Schwab

What it is Tracks an index of National Muni Bond Tracks an index of US TIPS

Total return, 1 year −0.4% −0.8%

Its benchmark over the same days not measured −1.4% (AGG)

Gap to its benchmark not measured +0.6 pts vs AGG

Expense ratio 0.05% 0.03%

Holdings 7873 48

Net assets, MUB as of Oct 27, 2026 and SCHP as of Jun 30, 2026 $54.1bn $16.5bn

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

Alert

About each fund

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.

SCHP

SCHP tracks an index of US TIPS. Over the year to Oct 28, 2026 it returned −0.8% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, MUB or SCHP?: In the year to Oct 28, 2026, with distributions reinvested, MUB returned −0.4% and SCHP −0.8%.
Which is cheaper, MUB or SCHP?: SCHP 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.

Other comparisons

MUB vs TIP BINC vs MUB MUB vs VTIP MUB vs PFF SCHP vs VTEB HYMB vs SCHP BINC vs SCHP SCHP vs TIP

Where to next

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

Sources and dates

MUB filings on SEC EDGAR ↗

MUB prospectus with the expense ratio (SEC) ↗

iShares page for MUB ↗

SCHP filings on SEC EDGAR ↗

SCHP prospectus with the expense ratio (SEC) ↗

Schwab website ↗

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

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