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

In the year to Sep 13, 2026, with distributions reinvested, MUB returned +0.1% and VTEB returned +0.2%, so VTEB returned more. One year is one year; the longer windows are in the table.

Which is cheaper, MUB or VTEB?

MUB charges 0.05% a year and VTEB charges 0.03%, so VTEB is cheaper. Fees come from each fund's prospectus.

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 VTEB: how they differ

MUB and VTEB hold 0% of their weight in the same names.

iShares National Muni Bond ETF and Vanguard Tax-Exempt Bond Index Fund.

What they hold in common

By the books each fund has filed, MUB and VTEB 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 MUB	Only in VTEB
HOUSTON TEX HIGHER ED FIN CORP 0.13%	University of California 0.12%
DISTRICT COLUMBIA UNIV REV 0.10%	Triborough Bridge & Tunnel Authority 0.12%
ECTOR CNTY TEX 0.08%	Colorado State Education Loan Program 0.11%
NEW ORLEANS LA 0.08%	State of California 0.11%
PORT TACOMA WASH REV 0.08%	New York City Transitional Finance Autho 0.09%
CONTRA COSTA CALIF CMNTY COLLE 0.06%	Dallas Independent School District 0.09%
LOS ANGELES CALIF 0.06%	New York State Dormitory Authority 0.09%
LOS ANGELES CNTY CALIF 0.06%	Ohio Water Development Authority Water P 0.09%

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 Apr 30, 2026 and Sep 10, 2026.

MUB and VTEB on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	MUB iShares National Muni Bond ETF	VTEB Vanguard Tax-Exempt Bond Index Fund
Where it sits	Core index fund	Core index fund
Issuer	iShares	Vanguard
What it is	National Muni Bond	Tax-Exempt Bond
Total return, 1 year	+0.1%	+0.2%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−17.4 pts	−17.3 pts
Expense ratio	0.05%	0.03%
Holdings	5215	10185

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.

VTEB in plain words

VTEB is a bond fund tracking the Tax-Exempt Bond. Over the year to Sep 11, 2026 it returned +0.2% 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 VTEB?: In the year to Sep 13, 2026, with distributions reinvested, MUB returned +0.1% and VTEB returned +0.2%, so VTEB returned more. One year is one year; the longer windows are in the table.
Which is cheaper, MUB or VTEB?: MUB charges 0.05% a year and VTEB charges 0.03%, so VTEB 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 VTEB, 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 VTEB, data as of Sep 13, 2026. https://etfiq.com/compare/any/mub-vs-vteb Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources