Data as of Oct 28, 2026.

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MUB vs VCLT: Differences, Returns & Fees

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MUB's duration was 7.0 years on Aug 31, 2026 and VCLT's 12.0 on May 31, 2026; VCLT charges 0.03% to MUB's 0.05%.

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Net assets: $54.1bn on Oct 27, 2026 for iShares National Muni Bond ETF, and $7.5bn on Sep 30, 2026 for Vanguard Long-Term Corporate Bond ETF.

At a glance
−0.4%
MUB total return, 1 year
−5.9%
VCLT total return, 1 year
0.05%
MUB expense ratio
0.03%
VCLT expense ratio

Pair scorecard

VCLT costs 0.02 points a year less; their one-year returns differ by 5.5 points; MUB is 6.2 times larger.

MUB vs VCLT: Differences, Returns & Fees
MeasureMUBVCLT
Return
Total return, 1 year−0.4%−5.9%
Drawdown
Below its high17.8%, high on Sep 22, 2021
Benchmark
What it tracksICE AMT-Free US National Municipal IndexBloomberg U.S. 10+ Year Corporate Bond Index
Cost and size
Expense ratio0.05%0.03%
Net assets, as of Sep 30, 2026$46.6bn$7.5bn
Holdings
Holdings in common0%

Holdings in common uses holdings dated May 31, 2026 and Aug 31, 2026. Method

What they share

0%

By the books each fund has filed, MUB and VCLT hold 0% of their money in the same securities at the same weight. Holdings dated May 31, 2026 and Aug 31, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first MUB VCLT
Only in one fund ↓
Only in MUB
Board of Regents of the University of Texas System, Series 2025B, due Aug 15, 2036 0.18%
San Antonio Water System, Series 2025D, due May 1, 2055 0.15%
New York State Thruway Authority, Series 2022A, due Mar 15, 2048 0.15%
New York State Dormitory Authority, Series 2019D, due Feb 15, 2047 0.13%
Northwest Independent School District, Series 2025, due Feb 15, 2055 0.12%
Houston Higher Education Finance Corp., Series 2024, due May 15, 2034 0.12%
State of New Jersey, Series 2020A, due Jun 1, 2028 0.12%
Ohio State University (The), Series 2026A, due Jun 1, 2035 0.12%
Only in VCLT
ANHEUSER-BUSCH, due Feb 1, 2046 0.37%
CVS HEALTH CORP, due Mar 25, 2048 0.33%
META PLATFORMS, due Nov 15, 2055 0.28%
BOEING CO, due May 1, 2050 0.27%
PFIZER INVSTMNT, due May 19, 2053 0.27%
AMAZON.COM INC, due Mar 13, 2056 0.26%
ORACLE CORP, due Feb 4, 2056 0.24%
AT&T INC, due Sep 15, 2053 0.23%
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Side by side

MUB iShares National Muni Bond ETF VCLT Vanguard Long-Term Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of National Muni Bond Tracks an index of Long-Term Corporate Bond
Total return, 1 year −0.4% −5.9%
Expense ratio 0.05% 0.03%
Holdings 7873 2562
Net assets, MUB as of Oct 27, 2026 and VCLT as of Sep 30, 2026 $54.1bn $7.5bn

MUB and VCLT on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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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.

VCLT

VCLT tracks an index of Long-Term Corporate Bond. Over the year to Oct 28, 2026 it returned −5.9% with distributions reinvested. The prospectus expense ratio is 0.03% a year. It sat 17.8% below its high of Sep 22, 2021 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, MUB or VCLT?
In the year to Oct 28, 2026, with distributions reinvested, MUB returned −0.4% and VCLT −5.9%.
Which is cheaper, MUB or VCLT?
VCLT 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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ETFIQ, MUB against VCLT, data as of Oct 28, 2026. https://etfiq.com/compare/any/mub-vs-vclt

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