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

In the year to Oct 28, 2026, with distributions reinvested, MUB returned −0.4% and XLP +13.8%.

Which is cheaper, MUB or XLP?

MUB is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

MUB vs XLP: Differences, Returns & Fees

Share on X Download as PDF

Over the year to Oct 28, 2026, MUB returned −0.4% to XLP's +13.8%; 0% of their weight is in the same names.

askIQ about this page

askIQ about MUB and XLP

Net assets on Oct 27, 2026: $54.1bn for iShares National Muni Bond ETF and $14.6bn for State Street Consumer Staples Select Sector SPDR ETF.

MUB on its own →XLP on its own →

At a glance

−0.4%

MUB total return, 1 year

+13.8%

XLP total return, 1 year

0.05%

MUB expense ratio

0.08%

XLP expense ratio

Pair scorecard

MUB costs 0.03 points a year less; their one-year returns differ by 14.2 points; MUB is 3.7 times larger.

MUB vs XLP: Differences, Returns & Fees
Measure	MUB	XLP
Return
Measure	MUB	XLP
Total return, 1 year	−0.4%	+13.8%
Drawdown
Measure	MUB	XLP
Below its high		3.5%, high on Oct 22, 2026
Benchmark
Measure	MUB	XLP
What it tracks	ICE AMT-Free US National Municipal Index	Consumer Staples Select Sector Index
Cost and size
Measure	MUB	XLP
Expense ratio	0.05%	0.08%
Net assets, as of Oct 27, 2026	$54.1bn	$14.6bn
Holdings
Measure	MUB	XLP
Holdings in common	0%
In the S&P 500, by weight		100%
Top ten holdings, share of the fund		62.9%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

By the books each fund has filed, MUB and XLP hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first MUB XLP

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 XLP

WALMART INC 11.05%

COSTCO WHOLESALE CORP 9.14%

PROCTER + GAMBLE CO 7.69%

COCA COLA CO 7.34%

PHILIP MORRIS INTERNATIONAL 6.56%

ALTRIA GROUP INC 4.54%

COLGATE PALMOLIVE CO 4.39%

MONDELEZ INTERNATIONAL INC A 4.19%

Check overlap with more funds →

Side by side

MUB iShares National Muni Bond ETF XLP State Street Consumer Staples Select Sector SPDR ETF

Where it sits Bond ETF Stock ETF

Issuer iShares State Street

What it is Tracks an index of National Muni Bond Tracks an index of Consumer staples

Total return, 1 year −0.4% +13.8%

Expense ratio 0.05% 0.08%

Holdings 7873 36

Net assets, as of Oct 27, 2026 $54.1bn $14.6bn

MUB and XLP 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.

XLP

XLP tracks an index of Consumer staples. Over the year to Oct 28, 2026 it returned +13.8% with distributions reinvested. The prospectus expense ratio is 0.08% a year. By its holdings published by its issuer for Oct 27, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 36 positions, with the top ten at 62.9%. It sat 3.5% below its high of Oct 22, 2026 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, MUB or XLP?: In the year to Oct 28, 2026, with distributions reinvested, MUB returned −0.4% and XLP +13.8%.
Which is cheaper, MUB or XLP?: MUB is cheaper, by 0.03 percentage points a year. That is about $3 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

MUB vs VDC MUB vs SCHH MUB vs VHT MUB vs XLC VTEB vs XLP HYMB vs XLP TIP vs XLP PFF vs XLP

Where to next

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

Sources and dates

MUB filings on SEC EDGAR ↗

MUB prospectus with the expense ratio (SEC) ↗

iShares page for MUB ↗

XLP filings on SEC EDGAR ↗

XLP prospectus with the expense ratio (SEC) ↗

State Street website ↗

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

Open data →

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