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

In the year to Oct 9, 2026, with distributions reinvested, MUB returned −2.0% and SCMB −2.7%.

Which is cheaper, MUB or SCMB?

SCMB 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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MUB vs SCMB: Differences, Returns & Fees

MUB's duration was 6.3 years on May 31, 2026 and SCMB's 6.6 on Jun 30, 2026; SCMB charges 0.03% to MUB's 0.05%. Net assets: $48.9bn on Oct 9, 2026 for iShares National Muni Bond ETF, and $4.0bn on Jun 30, 2026 for Schwab Municipal Bond ETF.

SCMB costs 0.02 points a year less; their one-year returns differ by 0.7 points; MUB is 11.5 times larger.

	MUB	SCMB
Expense ratio	0.05%	0.03%
Net assets, as of Jun 30, 2026	$45.8bn	$4.0bn
Total return, 1 year	−2.0%	−2.7%
What it tracks	ICE AMT-Free US National Municipal Index	not read by ETFIQ
Holdings in common	22%
Below its high	5.3%, high on Jul 6, 2026	5.8%, high on Jul 6, 2026

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

−2.0%

MUB total return, 1 year

−2.7%

SCMB total return, 1 year

0.05%

MUB expense ratio

0.03%

SCMB expense ratio

What they hold in common

By the books each fund has filed, MUB and SCMB hold 22% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jun 30, 2026.

50%

half

22% in common

Positions both hold, largest shared weight first

Holding MUB SCMB

State of California, due Sep 1, 2031 0.12% 0.15%

Chicago Transit Authority Sales Tax Receipts Fund, Series 2024A, due Dec 1, 2049 0.11% 0.14%

New Jersey Transportation Trust Fund Authority, Series 2006C, due Dec 15, 2032 0.09% 0.11%

State of Maryland, Series 2023A, due Mar 15, 2038 0.09% 0.13%

Commonwealth of Massachusetts, Series 2023A, due May 1, 2048 0.08% 0.09%

San Antonio Water System, Series 2025D, due May 1, 2055 0.14% 0.08%

New York State Dormitory Authority, Series 2024A, due Jul 1, 2054 0.08% 0.08%

County of Jefferson, Series 2024, due Oct 1, 2049 0.08% 0.08%

State of Washington, Series R-2022D, due Jul 1, 2027 0.07% 0.10%

University of California, Series 2020BE, due May 15, 2047 0.07% 0.08%

Ohio State University (The), Series 2026A, due Jun 1, 2035 0.13% 0.07%

Commonwealth of Pennsylvania, Series 2023-1, due Sep 1, 2040 0.07% 0.11%

Only in MUB

Board of Regents of the University of Texas System, Series 2025B, due Aug 15, 2036 0.19%

Triborough Bridge & Tunnel Authority, Series 2005B-2, due Jan 1, 2032 0.14%

New York City Transitional Finance Authority Future Tax Secured, Series 2019C-4, due Nov 1, 2044 0.13%

Northwest Independent School District, Series 2025, due Feb 15, 2055 0.13%

State of Washington, Series R-2022C, due Jul 1, 2029 0.12%

Pennsylvania Turnpike Commission, Series 2019-2, due Dec 1, 2038 0.12%

Long Island Power Authority, Series 2026A, due Sep 1, 2042 0.11%

Orlando Utilities Commission, Series 2008-1, due Oct 1, 2033 0.11%

Only in SCMB

Commonwealth of Massachusetts, due Nov 1, 2043 0.22%

Gwinnett County School District, due Feb 1, 2030 0.22%

Commonwealth of Pennsylvania, due Mar 1, 2036 0.21%

State of California Department of Water Resources, due Dec 1, 2034 0.19%

State of Washington, due Feb 1, 2039 0.17%

New York City Municipal Water Finance Authority, due Jun 15, 2039 0.17%

NORTHWEST TX INDEP SCH DIST, due Feb 15, 2055 0.16%

Indiana Finance Authority, due Feb 1, 2039 0.15%

Check overlap with more funds →

On the same fields

MUB

iShares National Muni Bond ETF

SCMB

Schwab Municipal Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares Schwab

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

Total return, 1 year −2.0% −2.7%

S&P 500 over the same days +17.3% +17.3%

Gap to the S&P 500 −19.3 pts −20.0 pts

Expense ratio 0.05% 0.03%

Holdings 7448 6845

Net assets, MUB as of Oct 9, 2026 and SCMB as of Jun 30, 2026 $48.9bn $4.0bn

MUB and SCMB on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

MUB in plain words

MUB tracks an index of National Muni Bond. Over the year to Oct 9, 2026 it returned −2.0% with distributions reinvested. The prospectus expense ratio is 0.05% a year. It sat 5.3% below its high of Jul 6, 2026 on Oct 9, 2026.

SCMB in plain words

SCMB tracks an index. Over the year to Oct 9, 2026 it returned −2.7% with distributions reinvested. The prospectus expense ratio is 0.03% a year. It sat 5.8% below its high of Jul 6, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, MUB or SCMB?: In the year to Oct 9, 2026, with distributions reinvested, MUB returned −2.0% and SCMB −2.7%.
Which is cheaper, MUB or SCMB?: SCMB 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 PZA MUB vs VTEB MUB vs TFI FLMI vs MUB SCMB vs VTEB SCMB vs TAFM PZA vs SCMB SCMB vs TFI

MUB on its own →SCMB on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

MUB filings on SEC EDGAR ↗MUB prospectus with the expense ratio (SEC) ↗iShares page for MUB ↗SCMB filings on SEC EDGAR ↗SCMB prospectus with the expense ratio (SEC) ↗Schwab website ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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 SCMB, data as of Oct 9, 2026. https://etfiq.com/compare/any/mub-vs-scmb

Open data

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