Data as of Oct 28, 2026.
MUB vs VNQ: Differences, Returns & Fees
Over the year to Oct 28, 2026, MUB returned −0.4% to VNQ's +4.8%; 0% of their weight is in the same names.
askIQ about this page
askIQ about MUB and VNQ
Net assets: $54.1bn on Oct 27, 2026 for iShares National Muni Bond ETF, and $35.9bn on Sep 30, 2026 for Vanguard Real Estate ETF.
Pair scorecard
MUB costs 0.08 points a year less; their one-year returns differ by 5.2 points; MUB is 1.3 times larger.
| Measure | MUB | VNQ |
|---|---|---|
| Return | ||
| Total return, 1 year | −0.4% | +4.8% |
| Drawdown | ||
| Below its high | 8.3%, high on Jul 28, 2026 | |
| Benchmark | ||
| What it tracks | ICE AMT-Free US National Municipal Index | MSCI US Investable Market Real Estate 25/50 Index |
| Cost and size | ||
| Expense ratio | 0.05% | 0.13% |
| Net assets, as of Sep 30, 2026 | $46.6bn | $35.9bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 63% | |
| Top ten holdings, share of the fund | 55.8% | |
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 VNQ 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 VNQ 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.
VNQ
VNQ tracks an index of US real estate. Over the year to Oct 28, 2026 it returned +4.8% with distributions reinvested. The prospectus expense ratio is 0.13% a year. By its holdings published by its issuer as of Sep 30, 2026, 63% of the fund by weight is stocks the S&P 500 also holds, across 141 positions, with the top ten at 55.8%. It sat 8.3% below its high of Jul 28, 2026 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, MUB or VNQ?
- In the year to Oct 28, 2026, with distributions reinvested, MUB returned −0.4% and VNQ +4.8%.
- Which is cheaper, MUB or VNQ?
- MUB is cheaper, by 0.08 percentage points a year. That is about $8 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 VNQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/mub-vs-vnq
ETFIQ. (Oct 28, 2026). MUB against VNQ. Retrieved from https://etfiq.com/compare/any/mub-vs-vnq
[MUB against VNQ (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/mub-vs-vnq)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.