Data as of Oct 28, 2026.
MUB vs VB: Differences, Returns & Fees
Over the year to Oct 28, 2026, MUB returned −0.4% to VB's +14.4%; 0% of their weight is in the same names.
askIQ about this page
askIQ about MUB and VB
Net assets: $54.1bn on Oct 27, 2026 for iShares National Muni Bond ETF, and $76.9bn on Sep 30, 2026 for Vanguard Morningstar Small-Cap ETF.
Pair scorecard
VB costs 0.02 points a year less; their one-year returns differ by 14.8 points; VB is 1.7 times larger.
| Measure | MUB | VB |
|---|---|---|
| Return | ||
| Total return, 1 year | −0.4% | +14.4% |
| Drawdown | ||
| Below its high | 5.7%, high on Aug 14, 2026 | |
| Benchmark | ||
| What it tracks | ICE AMT-Free US National Municipal Index | Morningstar US Small Cap Index |
| Cost and size | ||
| Expense ratio | 0.05% | 0.03% |
| Net assets, as of Sep 30, 2026 | $46.6bn | $76.9bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 22% | |
| Top ten holdings, share of the fund | 5.9% | |
Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, MUB and VB hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.
half
0% in common
Only in one fund ↓
Side by side
MUB and VB 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.
VB
VB tracks an index of Small-Cap. Over the year to Oct 28, 2026 it returned +14.4% with distributions reinvested. The prospectus expense ratio is 0.03% a year. By its holdings published by its issuer as of Sep 30, 2026, 22% of the fund by weight is stocks the S&P 500 also holds, across 1,303 positions, with the top ten at 5.9%. It sat 5.7% below its high of Aug 14, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, MUB or VB?
- In the year to Oct 28, 2026, with distributions reinvested, MUB returned −0.4% and VB +14.4%.
- Which is cheaper, MUB or VB?
- VB 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.
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 VB, data as of Oct 28, 2026. https://etfiq.com/compare/any/mub-vs-vb
ETFIQ. (Oct 28, 2026). MUB against VB. Retrieved from https://etfiq.com/compare/any/mub-vs-vb
[MUB against VB (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/mub-vs-vb)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.