MUNFvsMUNBETF Comparison
ETF 1
MUNF
Northern Trust 2036 Tax-Exempt Distributing Ladder ETF
This fund is part of
Municipal Bonds
-0.02%
VS
ETF 2
MUNB
Northern Trust 2035 Tax-Exempt Distributing Ladder ETF
This fund is part of
Municipal Bonds
-0.02%
Northern Trust 2036 Tax-Exempt Distributing Ladder ETF (MUNF) and Northern Trust 2035 Tax-Exempt Distributing Ladder ETF (MUNB) have similar underlying exposures to countries and sectors. They also belong to the same industry segment: Municipal Bonds. Both ETFs have the same top 1 sector exposures: Municipal. MUNF is less expensive with a Total Expense Ratio (TER) of 0.1%, versus 0.18% for MUNB. Run a side-by-side ETF comparison of MUNF and MUNB 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
MUNF vs MUNB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MUNF MUNB | +3.76%+3.20% | n/a+0.15% | n/a+0.06% | n/a+0.52% | n/an/a | n/an/a |
| Flows | MUNF MUNB | -- | -- | -+$9M | -+$9M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MUNF MUNB | n/a+3.44% | n/a+2.32% | n/an/a | n/an/a |
| Max drawdown | MUNF MUNB | n/a-3.60% | n/a-4.79% | n/an/a | n/an/a |
| Max drawdown duration | MUNF MUNB | n/a76d | n/a244d | n/an/a | n/an/a |
Trading data
MUNF | MUNB | |
Last sale 10/29/2026 at 2:00 PM | $99.45 | $99.48 |
| Previous close 10/28/2026 | $99.45 | $99.48 |
| Consolidated volume 10/28/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Advertisement
Main metrics
Last update 10/29/2026 at 2:00 PM
Live
Closed
MUNF | MUNB | |
|---|---|---|
| Last price | $99.45 | $99.48 |
| 1D performance | -0.01% | +0.00% |
| AuM | $4.97 M | $13.91 M |
| E/R | 0.1% | 0.18% |
Characteristics
MUNF | MUNB | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Northern Trust | FlexShares |
| Benchmark | - | - |
| N° of holdings | 21 | 31 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 26, 2026 | August 19, 2025 |
| ESG | No | No |
Advertisement
Exposure
Countries
MUNF
USA
16.21%
Other
83.79%
MUNB
USA
15.56%
Other
84.44%
Sectors
MUNF
Municipal
16.21%
Other
83.79%
MUNB
Municipal
15.56%
Other
84.44%
Advertisement
Diversification
MUNF
Total weight of top 15 holdings out of 15
26.8%
MUNB
Total weight of top 15 holdings out of 15
16.58%
Top 15 holdings
Data as of August 31, 2026
MUNF
Indiana Finance Authority, 5% 1feb2028, USD (2017C)
3.08%
Illinois Toll Highway Authority, 5% 1jan2029, USD
2.26%
US66285WT630
1.98%
US927022UM32
1.91%
US23503CAV90
1.79%
US181117GV88
1.77%
US235219PM89
1.62%
US43232RCP38
1.61%
US749845K448
1.61%
City of Orlando, 5% 1oct2027, USD (2018B)
1.58%
US152708CX94
1.56%
US914845VF66
1.53%
US194740UL80
1.51%
US181012BZ77
1.50%
US882669DK71
1.48%
MUNB
District of Columbia, 5% 1dec2026, USD
1.51%
US153476GN09
1.44%
US93972ADP84
1.20%
District of Columbia, 5% 1jun2029, USD (2023B)
1.18%
US517845LF85
1.14%
US365591YX88
1.11%
US749845H220
1.11%
District of Columbia, 5% 1jan2029, USD (2023A)
1.09%
US64711PNE69
1.09%
US495098D288
1.05%
US639905EW41
1.01%
US963099QK58
0.97%
Dallas and Fort Worth International Airport, 5% 1nov2028, USD (2023B)
0.94%
US451446AU27
0.88%
US749845M675
0.85%
Frequently asked questions about MUNF and MUNB
Which ETF is bigger: MUNF or MUNB?
As of October 28, 2026, MUNF holds $4.97 M in assets under management (AUM), while MUNB manages $13.91 M.
What sectors do the MUNF and MUNB ETFs invest in?
MUNF leans toward sectors like Municipal. Meanwhile, MUNB focuses on Municipal.
What are the top holdings of the MUNF ETF and MUNB ETF?
MUNF top holdings include Indiana Finance Authority, 5% 1feb2028, USD (2017C), Illinois Toll Highway Authority, 5% 1jan2029, USD and US66285WT630. MUNB holds in its top three: District of Columbia, 5% 1dec2026, USD, US153476GN09 and US93972ADP84.
Which ETF is more diversified: MUNF or MUNB?
MUNF holds 129 securities with 26.8% of its assets in the top 15. MUNB has 252 securities and a top 15 weight of 16.58%.
Advertisement
Latest news about MUNF & MUNB
Ask the Manager: Dave Abner on the Rise of Distributing Ladder ETFs
February 10, 2026
MUNB
Advertisement
Advertisement
