MUNGvsMBBAETF Comparison
ETF 1
MUNG
Northern Trust 2046 Tax-Exempt Distributing Ladder ETF
This fund is part of
Municipal Bonds
-0.02%
VS
Northern Trust 2046 Tax-Exempt Distributing Ladder ETF (MUNG) and iShares Mortgage-Backed Securities Active ETF (MBBA) have similar underlying exposures to countries and sectors. MUNG's top 1 sector exposures are Municipal. In contrast, MBBA's top sector exposures are Industrials and Non-Corporate. MUNG is less expensive with a Total Expense Ratio (TER) of 0.1%, versus 0.26% for MBBA. Run a side-by-side ETF comparison of MUNG and MBBA 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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MUNG vs MBBA performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/28/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | MUNG MBBA | +4.22%+1.96% | n/a-1.76% | n/an/a | n/an/a | n/an/a | n/an/a |
| Flows | MUNG MBBA | -+$43M | -+$596M | -- | -- | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | MUNG MBBA | n/a+5.98% | n/an/a | n/an/a | n/an/a |
| Max drawdown | MUNG MBBA | n/a-4.67% | n/an/a | n/an/a | n/an/a |
| Max drawdown duration | MUNG MBBA | n/a64d | n/an/a | n/an/a | n/an/a |
Trading data
MUNG | MBBA | |
Last sale 10/28/2026 at 1:30 PM | $98.99 | $48.04 |
| Previous close 10/28/2026 | $99.04 | $47.90 |
| Consolidated volume 10/28/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 10/28/2026 at 1:30 PM
Live
Closed
MUNG | MBBA | |
|---|---|---|
| Last price | $98.99 | $48.04 |
| 1D performance | -0.05% | +0.29% |
| AuM | $9.90 M | $749.33 M |
| E/R | 0.1% | 0.26% |
Characteristics
MUNG | MBBA | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | Northern Trust | iShares |
| Benchmark | - | - |
| N° of holdings | 24 | 26 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 26, 2026 | January 23, 2026 |
| ESG | No | No |
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Exposure
Countries
MUNG
USA
9.46%
Other
90.54%
MBBA
Data will be available soon
Sectors
MUNG
Municipal
9.46%
Other
90.54%
MBBA
Data will be available soon
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Diversification
MUNG
Total weight of top 15 holdings out of 15
25.07%
MBBA
Data will be available soon
Top 15 holdings
Data as of August 31, 2026
MUNG
US45115PDP36
2.41%
US783244PZ33
2.30%
US145317BV45
2.13%
State of Washington, 5% 1feb2029, USD
2.10%
US452227UF66
2.01%
US491552W684
1.76%
US45506EPG25
1.59%
US387460QM34
1.57%
US790415BV49
1.52%
US790415CC58
1.43%
US79467BHS79
1.29%
US66440AUA23
1.27%
US570799JE77
1.24%
Chicago O'Hare International Airport, 5% 1jan2037, USD (2025A)
1.22%
US667826GW53
1.22%
MBBA
Data will be available soon
Frequently asked questions about MUNG and MBBA
Which ETF is bigger: MUNG or MBBA?
As of October 28, 2026, MUNG holds $9.90 M in assets under management (AUM), while MBBA manages $749.33 M.
What sectors do the MUNG and MBBA ETFs invest in?
MUNG leans toward sectors like Municipal. Meanwhile, MBBA focuses on Industrials.
What are the top holdings of the MUNG ETF and MBBA ETF?
MUNG top holdings include US45115PDP36, US783244PZ33 and US145317BV45. MBBA holds in its top three: US01F0206A20, US01F0226A83 and US01F0526982.
Which ETF is more diversified: MUNG or MBBA?
MUNG holds 182 securities with 25.07% of its assets in the top 15. MBBA has 506 securities and a top 15 weight of 85.37%.
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