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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 VGSH: how they differ

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

iShares National Muni Bond ETF and Vanguard Short-Term Treasury Index Fund.

What they hold in common

By the books each fund has filed, MUB and VGSH 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 VGSH
HOUSTON TEX HIGHER ED FIN CORP 0.13%United States Treasury Note/Bond 2.26%
DISTRICT COLUMBIA UNIV REV 0.10%United States Treasury Note/Bond 1.41%
ECTOR CNTY TEX 0.08%United States Treasury Note/Bond 1.36%
NEW ORLEANS LA 0.08%United States Treasury Note/Bond 1.32%
PORT TACOMA WASH REV 0.08%United States Treasury Note/Bond 1.31%
CONTRA COSTA CALIF CMNTY COLLE 0.06%United States Treasury Note/Bond 1.30%
LOS ANGELES CALIF 0.06%United States Treasury Note/Bond 1.27%
LOS ANGELES CNTY CALIF 0.06%United States Treasury Note/Bond 1.27%

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 May 31, 2026 and Sep 10, 2026.

MUB and VGSH on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
MUB
iShares National Muni Bond ETF
VGSH
Vanguard Short-Term Treasury Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isNational Muni BondShort-Term Treasury
Total return, 1 year+0.1%+1.8%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−17.4 pts−15.7 pts
Expense ratio0.05%0.03%
Holdings521591

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.

VGSH in plain words

VGSH is a bond fund tracking the Short-Term Treasury. Over the year to Sep 11, 2026 it returned +1.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year.

Questions people ask

Which returned more over the last year, MUB or VGSH?
In the year to Sep 13, 2026, with distributions reinvested, MUB returned +0.1% and VGSH returned +1.8%, so VGSH returned more. One year is one year; the longer windows are in the table.
Which is cheaper, MUB or VGSH?
MUB charges 0.05% a year and VGSH charges 0.03%, so VGSH is cheaper. Fees come from each fund's prospectus.

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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 VGSH, 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 VGSH, data as of Sep 13, 2026. https://etfiq.com/compare/any/mub-vs-vgsh Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources