ETF comparison

MUBvsSUB

Both US Municipal Bond.

iShares National Muni Bond ETF · iShares Short-Term National Muni Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
9.3%

612 positions appear in both funds. Buying equal dollars of MUB and SUB would leave roughly9.3%of each dollar exposed to the same underlying securities.

MUB only 90.2%Shared 9.3%SUB only 91.1%
In MUB only
6,042 positions
Shared
612 positions
In SUB only
2,305 positions

Side by side

MUB

iShares National Muni Bond ETF

iShares · US Municipal Bond

97composite / 100
Expense ratio
0.050%
Net assets
$45.38B
TTM yield
3.33%
Top-10 conc.
2.5%
SUB

iShares Short-Term National Muni Bond ETF

iShares · US Municipal Bond

96composite / 100
Expense ratio
0.070%
Net assets
$11.64B
TTM yield
2.58%
Top-10 conc.
3.1%

Sub-score comparison

95
Cost
93
93
Tax efficiency
93
100
Liquidity
100
100
Concentration
100
Tracking quality
MUBsub-scoreSUB

Tracking quality isn't part of the composite — seewhat we don't scorefor why.

Cost difference

MUB is 2 bps cheaper than SUB. On a $100,000 position that's about $20/yr more in fees for SUB.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open thecost calculator pre-filled with MUB vs SUB.

Top shared holdings

612 shared in total
#HoldingIn MUBIn SUBOverlap
1BlackRock Liquidity Funds1.28%0.59%0.59%
2San Antonio Water System0.14%0.28%0.14%
3Triborough Bridge & Tunnel Authority0.14%0.18%0.14%
4State of New Jersey0.13%0.17%0.13%
5East County Advanced Water Purification Joint Powers Authority0.11%0.18%0.11%
6State of Illinois0.11%0.14%0.11%
7New Jersey Educational Facilities Authority0.11%0.10%0.10%
8City of Seattle0.10%0.27%0.10%
9Commonwealth of Pennsylvania0.09%0.09%0.09%
10City of Houston Combined Utility System0.09%0.21%0.09%
11New York City Municipal Water Finance Authority0.08%0.08%0.08%
12County of King0.08%0.35%0.08%

Only in MUB

6,042 total
  • Board of Regents of the University of Texas System0.19%
  • New York State Thruway Authority0.15%
  • New York City Transitional Finance Authority Future Tax Secured0.13%
  • New York State Dormitory Authority0.13%
  • Ohio State University (The)0.13%
  • Houston Higher Education Finance Corp.0.13%
  • Northwest Independent School District0.13%
  • State of California0.12%
  • State of Washington0.12%
  • Pennsylvania Turnpike Commission0.12%

Only in SUB

2,305 total
  • State of California0.27%
  • Pennsylvania Turnpike Commission0.25%
  • New Jersey Turnpike Authority0.25%
  • State of California0.24%
  • State of California0.24%
  • State of Connecticut Special Tax0.21%
  • New York City Transitional Finance Authority Future Tax Secured0.21%
  • Commonwealth of Pennsylvania0.20%
  • New York City Transitional Finance Authority Future Tax Secured0.20%
  • State of Georgia0.19%

Open MUB or SUB at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodologyand funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see/methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.