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MUB vs HTAX

iShares National Muni Bond ETF vs Nomura National High-Yield Municipal Bond ETF

MUB

iShares National Muni Bond ETF

Annual cost

0.05%

Fund size

$44.9B

HTAX

Nomura National High-Yield Municipal Bond ETF

Annual cost

0.49%

Fund size

$57M

Key differences

Both MUB and HTAX are fixed income ETFs. MUB charges 0.05% a year and HTAX 0.49%. The main difference: MUB follows a index tracking strategy; HTAX uses active selection.

  • MUB follows a index tracking strategy; HTAX uses active selection.
  • MUB costs 0.44% less per year.
  • MUB is much larger than HTAX. Larger funds are usually more liquid and less likely to close.
  • MUB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

MUBHTAX
Annual cost (TER)0.05%0.49%
Fund size (AUM)$44.9B$57M
Since20072025
Dividend yield3.17%4.50%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+6.6%+9.0%
CAGR 3Y+3.3%N/A
CAGR 5Y+0.9%N/A
Sharpe 3Y-0.05N/A
Volatility 1Y2.92%4.70%
Max drawdown-13.68%-6.10%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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