LMUBvsSCMBETF Comparison
VS
iShares Long-Term National Muni Bond ETF (LMUB) and Schwab Municipal Bond ETF (SCMB) belong to the same industry segment: Municipal Bonds. LMUB's top 2 sector exposures are Municipal and Non-Corporate. In contrast, SCMB's top sector exposures are Municipal. LMUB is more expensive with a Total Expense Ratio (TER) of 0.09%, versus 0.03% for SCMB. LMUB is down -3.54% year-to-date (YTD) with +$1.75B in YTD flows. SCMB performs better with -2.36% YTD performance, and +$1.12B in YTD flows. Run a side-by-side ETF comparison of LMUB and SCMB below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
LMUB vs SCMB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/16/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | LMUB SCMB | -0.62%-0.19% | -5.55%-3.55% | -3.54%-2.36% | -3.10%-1.83% | n/a+9.65% | n/an/a |
| Flows | LMUB SCMB | -$139M+$110M | +$76M-$169M | +$1.75B+$1.12B | +$1.75B+$1.43B | -+$3.65B | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | LMUB SCMB | +7.05%+5.42% | +4.52%+3.39% | n/a+3.88% | n/an/a |
| Max drawdown | LMUB SCMB | -8.31%-6.09% | -9.29%-6.81% | n/a-6.81% | n/an/a |
| Max drawdown duration | LMUB SCMB | 92d92d | 102d103d | n/a103d | n/an/a |
Trading data
LMUB | SCMB | |
Last sale 10/16/2026 at 1:30 PM | $47.31 | $24.49 |
| Previous close 10/15/2026 | $47.28 | $24.46 |
| Consolidated volume 10/15/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of October 19, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
LMUB | SCMB | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 10/16/2026 at 1:30 PM
Live
Closed
LMUB | SCMB | |
|---|---|---|
| Last price | $47.31 | $24.49 |
| 1D performance | +0.06% | +0.12% |
| AuM | $1.67 B | $3.66 B |
| E/R | 0.09% | 0.03% |
Characteristics
LMUB | SCMB | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | iShares | Schwab ETFs |
| Benchmark | ICE Long AMT-Free US National Municipal Index | ICE AMT-Free Core U.S. National Municipal Index |
| N° of holdings | 408 | 302 |
| Asset class | - | Fixed Income |
| Trailing 12m distribution yield | Join | Join |
| Inception date | March 17, 2025 | October 12, 2022 |
| ESG | No | No |
Advertisement
Exposure
Countries
LMUB
USA
56.44%
Other
43.56%
SCMB
USA
58.8%
Other
41.2%
Sectors
LMUB
Municipal
53.58%
Other
46.42%
SCMB
Municipal
58.8%
Other
41.2%
Advertisement
Diversification
LMUB
Total weight of top 15 holdings out of 15
10.72%
SCMB
Total weight of top 15 holdings out of 15
8.86%
Top 15 holdings
Data as of August 31, 2026
LMUB
BlackRock Liquidity MuniCash
2.86%
Massachusetts, 5% 1oct2052, USD (2023)
0.86%
US64972JPQ57
0.63%
Oklahoma Capitol Improvement Authority, 5.25% 1jul2050, USD (2025A)
0.63%
US646039ZM26
0.61%
US70914P5R91
0.60%
US882725DA91
0.56%
US452153HP77
0.55%
US64985TGH86
0.53%
US452153PC72
0.52%
US812643C289
0.50%
Triborough Bridge and Tunnel Authority, 5% 15nov2041, USD (2026A-1)
0.48%
City of New York, 5.25% 1feb2050, USD (2025)
0.47%
US882270XW66
0.46%
Clark School District, 5% 15jun2040, USD (2026A)
0.46%
SCMB
New York Municipal Water Finance Authority, FRN 15jun2041, USD (2026)
1.11%
US59261A3T29
0.97%
University of California, 5% 15nov2041, USD (2026)
0.76%
Massachusetts, 5% 1nov2043, USD (2017)
0.70%
Pennsylvania, 4% 1mar2036, USD
0.56%
City of New York, FRN 1apr2042, USD
0.56%
University of California, 5% 15nov2035, USD (2026)
0.48%
US68607DXA89
0.47%
US544647HQ66
0.47%
US74265L3A45
0.47%
US592112XL58
0.47%
City of New York, 5% 1aug2032, USD (2022)
0.46%
City of New York, 5.4% 1aug2006, USD
0.46%
US709225GV28
0.46%
California, 5% 1sep2031, USD
0.46%
Frequently asked questions about LMUB and SCMB
How have the LMUB and SCMB ETFs performed in 2026?
As of October 16, 2026, LMUB is down -3.54% year-to-date (YTD), while SCMB has lost -2.36%. That puts SCMB better performer ahead so far this year.
Which ETF is attracting more investor money: LMUB or SCMB?
Year-to-date, the LMUB ETF saw +$1.75B in flows, compared to +$1.12B for SCMB.
Which ETF is more volatile: LMUB or SCMB?
Over the past year, LMUB had a volatility of 4.52%, while SCMB experienced 3.39%.
Which ETF is bigger: LMUB or SCMB?
As of October 16, 2026, LMUB holds $1.67 B in assets under management (AUM), while SCMB manages $3.66 B.
What sectors do the LMUB and SCMB ETFs invest in?
LMUB leans toward sectors like Municipal. Meanwhile, SCMB focuses on Municipal.
What are the top holdings of the LMUB ETF and SCMB ETF?
LMUB top holdings include BlackRock Liquidity MuniCash, Massachusetts, 5% 1oct2052, USD (2023) and US64972JPQ57. SCMB holds in its top three: New York Municipal Water Finance Authority, FRN 15jun2041, USD (2026), US59261A3T29 and University of California, 5% 15nov2041, USD (2026).
Which ETF is more diversified: LMUB or SCMB?
LMUB holds 804 securities with 10.72% of its assets in the top 15. SCMB has 522 securities and a top 15 weight of 8.86%.
Advertisement
Advertisement
