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

In the year to Oct 28, 2026, with distributions reinvested, MUB returned −0.4% and VBK +10.3%.

Which is cheaper, MUB or VBK?

Neither: MUB and VBK both charge 0.05% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

MUB vs VBK: Differences, Returns & Fees

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Over the year to Oct 28, 2026, MUB returned −0.4% to VBK's +10.3%; 0% of their weight is in the same names.

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Net assets: $54.1bn on Oct 27, 2026 for iShares National Muni Bond ETF, and $22.8bn on Sep 30, 2026 for Vanguard Morningstar Small-Cap Growth ETF.

MUB on its own →VBK on its own →

At a glance

−0.4%

MUB total return, 1 year

+10.3%

VBK total return, 1 year

0.05%

MUB expense ratio

0.05%

VBK expense ratio

Pair scorecard

Both cost 0.05% a year; their one-year returns differ by 10.7 points; MUB is 2.0 times larger.

MUB vs VBK: Differences, Returns & Fees
Measure	MUB	VBK
Return
Measure	MUB	VBK
Total return, 1 year	−0.4%	+10.3%
Drawdown
Measure	MUB	VBK
Below its high		8.0%, high on Aug 17, 2026
Benchmark
Measure	MUB	VBK
What it tracks	ICE AMT-Free US National Municipal Index	Morningstar US Small Cap Growth Index
Cost and size
Measure	MUB	VBK
Expense ratio	0.05%	0.05%
Net assets, as of Sep 30, 2026	$46.6bn	$22.8bn
Holdings
Measure	MUB	VBK
Holdings in common	0%
In the S&P 500, by weight		10%
Top ten holdings, share of the fund		12.2%

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 VBK hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first MUB VBK

Only in one fund ↓

Only in MUB

UNIVERSITY TEX UNIV REVS 0.16%

SAN ANTONIO TEX WTR REV 0.13%

NEW YORK ST TWY AUTH ST PERS I 0.12%

NORTHWEST TEX INDPT SCH DIST 0.12%

OKLAHOMA TRANSN AUTH OK F/K/A 0.12%

HOUSTON TEX HIGHER ED FIN CORP 0.11%

NEW JERSEY ST 0.11%

OHIO ST UNIV GEN RCPTS 0.11%

Only in VBK

SLCMT1142 2.09%

Natera Inc 1.61%

Twilio Inc 1.28%

Revolution Medicines Inc 1.19%

Illumina Inc 1.18%

Everpure Inc 1.18%

Okta Inc 1.00%

EMCOR Group Inc 0.95%

Check overlap with more funds →

Side by side

MUB iShares National Muni Bond ETF VBK Vanguard Morningstar Small-Cap Growth ETF

Where it sits Bond ETF Stock ETF

Issuer iShares Vanguard

What it is Tracks an index of National Muni Bond Tracks an index of Small-Cap Growth

Total return, 1 year −0.4% +10.3%

Expense ratio 0.05% 0.05%

Holdings 7873 554

Net assets, MUB as of Oct 27, 2026 and VBK as of Sep 30, 2026 $54.1bn $22.8bn

MUB and VBK 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.

VBK

VBK tracks an index of Small-Cap Growth. Over the year to Oct 28, 2026 it returned +10.3% with distributions reinvested. By its holdings published by its issuer as of Sep 30, 2026, 10% of the fund by weight is stocks the S&P 500 also holds, across 554 positions, with the top ten at 12.2%. It sat 8.0% below its high of Aug 17, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, MUB or VBK?: In the year to Oct 28, 2026, with distributions reinvested, MUB returned −0.4% and VBK +10.3%.
Which is cheaper, MUB or VBK?: Neither: MUB and VBK both charge 0.05% a year. Fees come from each fund's prospectus.

Other comparisons

IWO vs MUB AVUV vs MUB MUB vs VBR IJS vs MUB VBK vs VTEB HYMB vs VBK BNDX vs VBK SGOV vs VBK

Where to next

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

Sources and dates

MUB filings on SEC EDGAR ↗

MUB prospectus with the expense ratio (SEC) ↗

iShares page for MUB ↗

VBK filings on SEC EDGAR ↗

VBK prospectus with the expense ratio (SEC) ↗

Vanguard page for VBK ↗

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 VBK, data as of Oct 28, 2026. https://etfiq.com/compare/any/mub-vs-vbk

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