ETF Analysis
MUB ETF: Municipal Bond Yield, Tax-Exempt Income and Fund Analysis
MUB answer
MUB, the iShares National Muni Bond ETF, holds 7,053 investment-grade bonds issued by U.S. states, cities and other local governments. Interest from municipal bonds is generally exempt from federal income tax, though it may be subject to state and local tax and, for some investors, the alternative minimum tax; capital gains distributions are taxable. MUB's expense ratio is 0.05%, it manages $51.79B, and its annualized volatility is 3.70%.
- Expense ratio
- 0.05%
- Fund size
- $51.79B
- Holdings
- 7,053
- Annual volatility
- 3.70%
- Max drawdown
- -7.93%
iShares National Muni Bond ETF (MUB) currently has an AIQ Score of 60/100, indicating a neutral setup. Risk is the strongest factor at 89/100. Value is the weakest current factor at 36/100. Performance, momentum, risk, distribution, and exposure evidence should be read together at the latest market-close snapshot.
MUB at a Glance
Crawlable current metrics from the latest market-close ETF snapshot.
| Metric | Current |
|---|---|
| Price | $102.45 |
| AIQ Score | 60/100 |
| Overall View | Neutral |
| Technical Analysis Consensus | Buy |
| Fund Size | $51.79B |
| Expense Ratio | 0.05% |
| Holdings Count | 7,053 |
| NAV | $102.16 |
| Asset Class | Fixed Income |
| Primary Exposure | State Tax-Backed (29.11%) |
| Issuer | IShares |
| Domicile | US |
| Inception Date | Sep 7, 2007 |
| Distribution Yield | 3.34% |
| Beta | 0.9 |
| Average Volume | 8.7M |
| 52-week range | $100.07-$109.00 |
| RSI 14 | 65.46 |
| 50-Day SMA | $103.16 |
| 200-Day SMA | $106.08 |
| Risk Score | 89/100 |
| Momentum Score | 56/100 |
| Value Exposure Score | 36/100 |
MUB Long-Horizon ETF Performance
Trailing returns, growth of $10,000, drawdown history, and calendar-year returns from available daily closes.
| Period | Total return | Annualized | Max drawdown | Start date |
|---|---|---|---|---|
| 1Y | -4.80% | -4.80% | -7.93% | Oct 20, 2025 |
| 3Y | 0.96% | 0.32% | -7.93% | Oct 20, 2023 |
| 5Y | -11.46% | -2.41% | -14.01% | Oct 25, 2021 |
| 10Y | -11.46% | -2.41% | -14.01% | Oct 25, 2021 |
Growth of $10,000
Indexed to the first available close in this history window.
Drawdown History
Peak-to-trough decline from each prior high over the available window.
Calendar-Year Returns
Full-year returns where available, with the current calendar year shown as YTD.
MUBiShares National Muni Bond ETF
Financial Services / Asset Management - Bonds
Low Priority
Above Peers
Latest quote
- Momentum56
- Value36
- Quality72
- Risk resilience89
- Sentiment—
MUB ETF Analysis Summary
iShares National Muni Bond ETF (MUB) currently has an AIQ Score of 60/100, indicating a neutral setup. Risk resilience is the strongest factor at 89/100. Value is the weakest current factor at 36/100. Performance, exposure, distribution, momentum, and risk evidence should be read together at the latest market-close snapshot.
In a neutral regime, MUB has AIQ Score of 60/100 with Risk resilience base of 89/100 and fading Value at 36/100. Wait for component alignment before adding exposure.
Risk resilience (89/100) leads while Value (36/100) lags. This cross-factor spread creates entry timing uncertainty.
Financial Services · 0.10% ETF move · MUB classified in Asset Management - Bonds.
Current Evidence
AlgovestIQ Evidence Summary
Current consensus, supporting evidence, recent changes, and what would strengthen or weaken the view.
Is MUB Bullish or Bearish Right Now?
MUB currently has a neutral overall setup. Risk Resilience is the strongest factor at 89/100, while Value is weakest at 36/100. The current evidence suggests a mixed rather than strongly bullish or bearish setup.
- - Quality is supportive at 72/100.
- - Risk Resilience is supportive at 89/100.
- - Technical consensus has more buy votes than sell votes (25 vs 17).
- - Value is the current constraint at 36/100.
- - Price is -3.42% below its 200-day SMA.
Current Consensus
MUB's Technical Analysis Consensus is currently Buy, with 25 buy, 3 neutral, and 17 sell votes. MUB's 14-day RSI is 65.46, which places the ETF in a constructive momentum range. MUB's beta is 0.9, indicating market sensitivity broadly in line with the market.
What Changed in MUB?
The largest recent change in MUB is Momentum moving up by 13.0 points over the available 7-day comparison window. Risk Resilience remains the strongest visible factor.
What Would Change the MUB Outlook?
The current neutral outlook could improve if AIQ moves above 70, momentum recovers, risk resilience improves, and price confirms a stronger trend above the 50-day and 200-day moving averages. It would weaken if AIQ falls below 40, price loses long-term moving-average support, distribution or liquidity context deteriorates, or risk evidence worsens.
AIQ > 70, RSI above 55, price above SMA-50/SMA-200, and positive market-context evidence.
AIQ below 40, RSI below 45, loss of SMA-200, negative revisions, or rising volatility and drawdown risk.
MUB Decision Framework
Public evidence layers, setup checks, and risk context for iShares National Muni Bond ETF.
iShares National Muni Bond ETF (MUB) ETF Analysis
iShares National Muni Bond ETF has an AIQ Score of 60/100 in a Neutral regime. Risk is strongest at 89/100. Beta is 0.9, close to market sensitivity. Review the supporting etf factors together before drawing a conclusion from any single score.
| Evidence Layer | Public Evidence |
|---|---|
| Regime Context | MUB is in a Neutral AIQ regime with score 60/100. |
| Signal Conflict | The primary conflict is that risk leads at 89/100 while value lags at 36/100. |
| Factor Evidence | Momentum 56/100 · Value 36/100 · Quality 72/100 · Risk 89/100 |
| Persistence | Current snapshot evidence is shown; historical persistence remains in AIQ Pro. |
Current Setup Checklist
Risk is the strongest factor at 89/100.
Momentum is 56/100 and RSI (14) is 65.5.
MUB is in a Neutral regime at 60/100.
Risk factor is 89/100 with beta 0.9 and annual volatility 3.7%.
Current conflict: risk leads at 89/100 while value lags at 36/100.
MUB Research Cluster
ETF-specific paths for performance, risk, distributions, market context, data, comparisons, and news.
MUB ETF Analytics
MUB holdings context, yield, risk, valuation exposure, momentum, and AIQ evidence.
MUB Technical Analysis
MUB technical setup based on RSI, MACD, moving averages, AIQ Momentum, volume, trend, volatility, and pivots.
MUB ETF Market Context
Track MUB market context, news pressure, trend changes, income events, and current allocation evidence.
MUB Distribution Analysis
MUB distribution yield, annualized distributions, payment history, and income context.
MUB ETF Data
MUB available fund data, market metrics, technical readings, risk measures, and AIQ evidence.
MUB Risk Analysis
MUB volatility, beta, drawdown, Sharpe ratio, VaR, and downside resilience.
MUB ETF News
MUB ETF news, market tone, recent headlines, and catalyst context.
MUB vs Fixed Income — Credit & Aggregate Peers
Current peer cohort: MUB · PULS · PYLD · SCHI · SCHZ. Compare AIQ, factor scores, Sharpe ratio and 1-year volatility in one indexable view.
| Peer | AIQ | Value | Momentum | Risk | Sharpe | 1Y Volatility | Compare |
|---|---|---|---|---|---|---|---|
| MUB Current ETF | 60/100 | 36/100 | 56/100 | 89/100 | -2.35 | 3.70% | Current |
| PULS PGIM Ultra Short Bond ETF | 55/100 | 36/100 | 58/100 | 67/100 | -3.33 | 1.29% | MUB vs PULS |
| PYLD PIMCO Active Bond ETF | 58/100 | 36/100 | 56/100 | 88/100 | -2.32 | 4.03% | MUB vs PYLD |
| SCHI Schwab 5-10 Year Corporate Bond ETF | 58/100 | 36/100 | 58/100 | 92/100 | -2.4 | 4.68% | MUB vs SCHI |
| SCHZ Schwab U.S. Aggregate Bond ETF | 69/100 | 73/100 | 58/100 | 93/100 | -2.39 | 4.14% | MUB vs SCHZ |
Peer cohort is resolved dynamically from the AlgovestIQ universe taxonomy and Compare relationship graph. Data as of Oct 21, 2026.
About the AIQ Score
Methodology for the current ETF evidence.
The AlgovestIQ AIQ Score combines multiple dimensions of ETF evidence, including momentum, valuation exposure, quality, risk resilience, sentiment context, and timing signals. It is a descriptive research score, not a guarantee of future performance or a personalized recommendation.
View AIQ methodologyFactor Diagnostics
A compact bridge from the AIQ score to the evidence tabs.
Valuation exposure across the fund's holdings.
Quality context inferred from fund exposure and available evidence.
Trend, momentum, volume, and timing confirmation.
Resilience, volatility, beta, drawdown, and tail risk.
News and event pressure around the setup.
Open the return calculator with ETF context while purchase price, shares, dates and fees remain user inputs.
AIQ Component Profile
Compare the five component scores on one consistent 0–100 scale.
Review earnings timing, revisions, news pressure, and prior event reactions in one place.
Open catalystsNo quarterly financial rows in this snapshot.
Checked Oct 22, 2026
Explore factor drivers, conflicts, persistence, and scenario sensitivity in the advanced workspace.
ETF Analytics Snapshot
Current ETF evidence uses fund profile, cost, size, distribution, momentum, and risk fields.
ETF pages use fund-native profile fields for cost, size, liquidity, holdings breadth, NAV, issuer, and launch date.
Market Confirmation
Technicals are summarized first, with the indicator library behind it.
Risk Alignment
Higher resilience is stronger; exposure metrics stay separate.
Continue Researching MUB
Open the detailed evidence pages and workflows behind the stock overview read.
Premium Feature
Full AIQ Analysis
AIQ Intelligence
AIQ Pro for MUB
Scenario Analysis
AIQ Scenario Builder
Portfolio Implication
Related Links
MUB ETF FAQ
Is MUB tax-free?
Mostly at the federal level: MUB's interest income is generally exempt from federal income tax. It may be subject to state and local tax and, for some investors, the alternative minimum tax, and any capital gains distributions are taxable.
What is MUB's expense ratio?
MUB's expense ratio is 0.05% a year.