SECUvsMUNBETF Comparison
VS
ETF 2
MUNB
Northern Trust 2035 Tax-Exempt Distributing Ladder ETF
This fund is part of
Municipal Bonds
-0.03%
iShares Securitized Income Active ETF (SECU) and Northern Trust 2035 Tax-Exempt Distributing Ladder ETF (MUNB) have similar underlying exposures to countries and sectors. SECU's top 3 sector exposures are Industrials, Non-Corporate and Finance. In contrast, MUNB's top sector exposures are Municipal. SECU is more expensive with a Total Expense Ratio (TER) of 0.41%, versus 0.18% for MUNB. Run a side-by-side ETF comparison of SECU 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.
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SECU vs MUNB performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | SECU MUNB | +0.11%-0.05% | +0.49%-0.74% | n/a-0.17% | n/a+1.67% | n/an/a | n/an/a |
| Flows | SECU MUNB | +$67M- | +$260M- | -+$9M | -+$9M | -- | -- |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | SECU MUNB | +2.18%+1.59% | n/a+1.75% | n/an/a | n/an/a |
| Max drawdown | SECU MUNB | -0.59%-1.29% | n/a-2.40% | n/an/a | n/an/a |
| Max drawdown duration | SECU MUNB | 35d58d | n/a188d | n/an/a | n/an/a |
Trading data
SECU | MUNB | |
Last sale 9/3/2026 at 1:30 PM | $49.35 | $99.49 |
| Previous close 09/02/2026 | $49.24 | $99.47 |
| Consolidated volume 09/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
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Main metrics
Last update 9/3/2026 at 1:30 PM
Live
Closed
SECU | MUNB | |
|---|---|---|
| Last price | $49.35 | $99.49 |
| 1D performance | +0.22% | +0.02% |
| AuM | $953.30 M | $13.91 M |
| E/R | 0.41% | 0.18% |
Characteristics
SECU | MUNB | |
|---|---|---|
| Management strategy | Active | Active |
| Provider | iShares | FlexShares |
| Benchmark | - | - |
| N° of holdings | 49 | 31 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | January 23, 2026 | August 19, 2025 |
| ESG | No | No |
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Exposure
Countries
SECU
USA
15.52%
Other
84.48%
MUNB
USA
15.62%
Other
84.38%
Sectors
SECU
Industrials
8.66%
Other
91.34%
MUNB
Municipal
15.62%
Other
84.38%
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Diversification
SECU
Total weight of top 15 holdings out of 15
18.03%
MUNB
Total weight of top 15 holdings out of 15
16.64%
Top 15 holdings
Data as of July 31, 2026
SECU
Dreyfus Treasury Securities Cash Management
6.69%
US01F0406854
1.31%
Carlyle US CLO 2026-2A, FRN 20apr2039, USD (ABS, A1)
1.13%
Diameter Capital CLO 2023-5A, FRN 18jan2039, USD (ABS, A1R)
1.12%
US3133Q3SP70
0.97%
A10 Issuer 2025-FL6, FRN 15may2042, USD (ABS, A)
0.96%
US46594VAF31
0.79%
US816938AB03
0.74%
US05593JAA88
0.68%
Dwight Issuer 2026-FL2, FRN 18jan2044, USD (ABS, A)
0.67%
US38384GAP54
0.62%
US03166KAA79
0.62%
US05618UAA43
0.59%
US05594LAA26
0.57%
US04039JAA34
0.57%
MUNB
District of Columbia, 5% 1dec2026, USD
1.52%
US153476GN09
1.45%
US93972ADP84
1.20%
District of Columbia, 5% 1jun2029, USD (2023B)
1.18%
US517845LF85
1.14%
US365591YX88
1.12%
US749845H220
1.12%
US64711PNE69
1.10%
District of Columbia, 5% 1jan2029, USD (2023A)
1.10%
US495098D288
1.06%
US639905EW41
1.02%
US963099QK58
0.97%
Dallas and Fort Worth International Airport, 5% 1nov2028, USD (2023B)
0.94%
US451446AU27
0.88%
US749845M675
0.86%
Frequently asked questions about SECU and MUNB
Which ETF is bigger: SECU or MUNB?
As of September 2, 2026, SECU holds $953.30 M in assets under management (AUM), while MUNB manages $13.91 M.
What sectors do the SECU and MUNB ETFs invest in?
SECU leans toward sectors like Industrials. Meanwhile, MUNB focuses on Municipal.
What are the top holdings of the SECU ETF and MUNB ETF?
SECU top holdings include Dreyfus Treasury Securities Cash Management, US01F0406854 and Carlyle US CLO 2026-2A, FRN 20apr2039, USD (ABS, A1). MUNB holds in its top three: District of Columbia, 5% 1dec2026, USD, US153476GN09 and US93972ADP84.
Which ETF is more diversified: SECU or MUNB?
SECU holds 868 securities with 18.03% of its assets in the top 15. MUNB has 252 securities and a top 15 weight of 16.64%.
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Latest news about SECU & MUNB
Ask the Manager: Dave Abner on the Rise of Distributing Ladder ETFs
February 10, 2026
MUNB
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