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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

MUB vs USHY: how they differ

MUB and USHY hold 0% of their weight in the same names, and USHY returned more over the year.

iShares National Muni Bond ETF and iShares Broad USD High Yield Corporate Bond ETF.

What they hold in common

By the books each fund has filed, MUB and USHY hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in MUBOnly in USHY
HOUSTON TEX HIGHER ED FIN CORP 0.13%BLK CSH FND TREASURY SL AGENCY 1.17%
DISTRICT COLUMBIA UNIV REV 0.10%1261229 BC LTD 144A 0.49%
ECTOR CNTY TEX 0.08%MERIDIAN ARC HOLDCO LLC 144A 0.38%
NEW ORLEANS LA 0.08%PR RNO PROPERTY OWNER 1 LLC 144A 0.29%
PORT TACOMA WASH REV 0.08%GALAXY HELIOS DATA CENTERS II LLC 144A 0.24%
CONTRA COSTA CALIF CMNTY COLLE 0.06%SV RNO PROPERTY OWNER 1 LLC 144A 0.24%
LOS ANGELES CALIF 0.06%WULF COMPUTE LLC 144A 0.24%
LOS ANGELES CNTY CALIF 0.06%CORE SCIENTIFIC FINANCE I LLC 144A 0.23%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.

MUB and USHY on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
MUB
iShares National Muni Bond ETF
USHY
iShares Broad USD High Yield Corporate Bond ETF
Where it sitsCore index fundCore index fund
IssueriSharesiShares
What it isNational Muni BondBroad USD High Yield Corporate Bond
Total return, 1 year+0.1%+3.3%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−17.4 pts−14.2 pts
Expense ratio0.05%0.08%
Holdings52151871

MUB in plain words

MUB is a bond fund tracking the National Muni Bond. Over the year to Sep 11, 2026 it returned +0.1% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 3.6% below its high of Jul 6, 2026 on Sep 11, 2026.

USHY in plain words

USHY is a bond fund tracking the Broad USD High Yield Corporate Bond. Over the year to Sep 11, 2026 it returned +3.3% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.08% a year.

Questions people ask

Which returned more over the last year, MUB or USHY?
In the year to Sep 13, 2026, with distributions reinvested, MUB returned +0.1% and USHY returned +3.3%, so USHY returned more. One year is one year; the longer windows are in the table.
Which is cheaper, MUB or USHY?
MUB charges 0.05% a year and USHY charges 0.08%, so MUB is cheaper. Fees come from each fund's prospectus.

Other comparisons

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

MUB against USHY, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, MUB against USHY, data as of Sep 13, 2026. https://etfiq.com/compare/any/mub-vs-ushy Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources