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MUBvsSCMBETF Comparison

ETF 1

MUB

iShares National Muni Bond ETF

This fund is part of

Municipal Bonds

+0.28%

Full MUB fund page

VS

ETF 2

SCMB

Schwab Municipal Bond ETF

This fund is part of

Municipal Bonds

+0.28%

Full SCMB fund page

iShares National Muni Bond ETF (MUB) and Schwab Municipal Bond ETF (SCMB) belong to the same industry segment: Municipal Bonds. MUB's top 2 sector exposures are Municipal and Non-Corporate. In contrast, SCMB's top sector exposures are Municipal. MUB is more expensive with a Total Expense Ratio (TER) of 0.05%, versus 0.03% for SCMB. MUB is down -0.65% year-to-date (YTD) with +$13.78B in YTD flows. SCMB performs worse with -0.99% YTD performance, and +$1.44B in YTD flows. Run a side-by-side ETF comparison of MUB 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.

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MUB vs SCMB performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 10/26/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	MUB SCMB	+3.83%+3.94%	-1.07%-1.28%	-0.65%-0.99%	-0.30%-0.70%	+8.97%+12.56%	-0.35%n/a
Flows	MUB SCMB	+$7.18B+$876M	+$9.92B+$204M	+$13.78B+$1.44B	+$14.97B+$1.72B	+$18.91B+$3.95B	+$33.33B-

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	MUB SCMB	+5.22%+5.54%	+3.31%+3.51%	+3.68%+3.88%	+3.60%n/a
Max drawdown	MUB SCMB	-5.55%-5.88%	-6.40%-6.81%	-6.40%-6.81%	-11.55%n/a
Max drawdown duration	MUB SCMB	74d74d	112d113d	112d113d	1488dn/a

Trading data

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	MUB	SCMB
Last sale 10/27/2026 at 1:30 PM	$103.87	$24.72
Previous close 10/26/2026	$103.82	$24.74
Consolidated volume 10/26/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of October 28, 2026

1-year trailing difference

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	MUB	SCMB
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 10/27/2026 at 1:30 PM

Live

Closed

	MUB	SCMB
Last price	$103.87	$24.72
1D performance	+0.05%	-0.08%
AuM	$54.09 B	$4.04 B
E/R	0.05%	0.03%

Characteristics

	MUB	SCMB
Management strategy	Passive	Passive
Provider	iShares	Schwab ETFs
Benchmark	ICE AMT-Free US National Municipal Index	ICE AMT-Free Core U.S. National Municipal Index
N° of holdings	3823	302
Asset class	Fixed Income	Fixed Income
Trailing 12m distribution yield	Join	Join
Inception date	September 7, 2007	October 12, 2022
ESG	No	No

More MUB data on Trackinsight

More SCMB data on Trackinsight

Exposure

Countries

MUB

USA

56.95%

Other

43.05%

SCMB

USA

58.8%

Other

41.2%

Sectors

MUB

Municipal

56.94%

Other

43.06%

SCMB

Municipal

58.8%

Other

41.2%

Diversification

MUB

Total weight of top 15 holdings out of 15

1.93%

SCMB

Total weight of top 15 holdings out of 15

8.86%

Top 15 holdings

Data as of August 31, 2026

MUB

University of Texas, 5% 15aug2036, USD (2025B)

0.19%

US79642GTU66

0.15%

US650028ZA41

0.15%

New York Dormitory Authority, 4% 15feb2047, USD (2019D)

0.13%

Houston Higher Education Finance Corp., 5% 15may2034, USD (2024)

0.13%

New Jersey, 5% 1jun2028, USD

0.13%

Northwest Independent School District, 5.25% 15feb2055, USD (2025)

0.13%

Ohio State University, 5% 1jun2035, USD (2026)

0.12%

California, 5% 1sep2031, USD

0.12%

US93974EVY93

0.12%

Illinois, 5% 1nov2027, USD (2017D)

0.11%

East AWP Joint Powers Authority, 3.125% 1sep2026, USD (2024A)

0.11%

Chicago Transit Authority, 5% 1dec2049, USD (2024A)

0.11%

US812643ZK32

0.11%

US44244CN944

0.11%

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 MUB and SCMB

How have the MUB and SCMB ETFs performed in 2026?

As of October 26, 2026, MUB is down -0.65% year-to-date (YTD), while SCMB has lost -0.99%. That puts MUB better performer ahead so far this year.

Which ETF is attracting more investor money: MUB or SCMB?

Year-to-date, the MUB ETF saw +$13.78B in flows, compared to +$1.44B for SCMB.

Which ETF is more volatile: MUB or SCMB?

Over the past year, MUB had a volatility of 3.31%, while SCMB experienced 3.51%.

Which ETF is bigger: MUB or SCMB?

As of October 26, 2026, MUB holds $54.09 B in assets under management (AUM), while SCMB manages $4.04 B.

What sectors do the MUB and SCMB ETFs invest in?

MUB leans toward sectors like Municipal. Meanwhile, SCMB focuses on Municipal.

What are the top holdings of the MUB ETF and SCMB ETF?

MUB top holdings include University of Texas, 5% 15aug2036, USD (2025B), US79642GTU66 and US650028ZA41. 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).

MUBvsSCMBETF Comparison

iShares National Muni Bond ETF

Schwab Municipal Bond ETF

MUB vs SCMB performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the MUB and SCMB ETFs performed in 2026?

As of October 26, 2026, MUB is down -0.65% year-to-date (YTD), while SCMB has lost -0.99%. That puts MUB better performer ahead so far this year.

Which ETF is attracting more investor money: MUB or SCMB?

Year-to-date, the MUB ETF saw +$13.78B in flows, compared to +$1.44B for SCMB.

Which ETF is more volatile: MUB or SCMB?

Over the past year, MUB had a volatility of 3.31%, while SCMB experienced 3.51%.

Which ETF is bigger: MUB or SCMB?

As of October 26, 2026, MUB holds $54.09 B in assets under management (AUM), while SCMB manages $4.04 B.

What sectors do the MUB and SCMB ETFs invest in?

MUB leans toward sectors like Municipal. Meanwhile, SCMB focuses on Municipal.

What are the top holdings of the MUB ETF and SCMB ETF?

MUB top holdings include University of Texas, 5% 15aug2036, USD (2025B), US79642GTU66 and US650028ZA41. 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: MUB or SCMB?

MUB holds 6873 securities with 1.93% of its assets in the top 15. SCMB has 522 securities and a top 15 weight of 8.86%.

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