Data as of Oct 28, 2026.
MUB vs SPMO: Differences, Returns & Fees
Over the year to Oct 28, 2026, MUB returned −0.4% to SPMO's +18.4%; 0% of their weight is in the same names.
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Net assets on Oct 27, 2026: $54.1bn for iShares National Muni Bond ETF and $22.3bn for Invesco S&P 500 Momentum ETF.
Pair scorecard
MUB costs 0.08 points a year less; their one-year returns differ by 18.8 points; MUB is 2.4 times larger.
| Measure | MUB | SPMO |
|---|---|---|
| Return | ||
| Total return, 1 year | −0.4% | +18.4% |
| Drawdown | ||
| Below its high | 10.2%, high on Jun 22, 2026 | |
| Benchmark | ||
| What it tracks | ICE AMT-Free US National Municipal Index | S&P 500 Momentum Index |
| Cost and size | ||
| Expense ratio | 0.05% | 0.13% |
| Net assets, as of Oct 27, 2026 | $54.1bn | $22.3bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 100% | |
| Top ten holdings, share of the fund | 50.7% | |
Holdings in common uses holdings dated Oct 27, 2026. Method
What they share
By the books each fund has filed, MUB and SPMO hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
MUB and SPMO on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
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.
SPMO
SPMO tracks the S&P 500 Momentum. Over the year to Oct 28, 2026 it returned +18.4% with distributions reinvested, against +13.7% for its benchmark, the S&P 500 Index. The prospectus expense ratio is 0.13% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 50.7%. It sat 10.2% below its high of Jun 22, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, MUB or SPMO?
- In the year to Oct 28, 2026, with distributions reinvested, MUB returned −0.4% and SPMO +18.4%.
- Which is cheaper, MUB or SPMO?
- MUB is cheaper, by 0.08 percentage points a year. That is about $8 on $10,000 held for a year. Fees come from each fund's prospectus.
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 SPMO, data as of Oct 28, 2026. https://etfiq.com/compare/any/mub-vs-spmo
ETFIQ. (Oct 28, 2026). MUB against SPMO. Retrieved from https://etfiq.com/compare/any/mub-vs-spmo
[MUB against SPMO (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/mub-vs-spmo)
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