SMBS vs MUB

ASMBS

BMUB

Measures won3–1SMBS wins · of 6 · 5Y

$10,000 · 5Y$10,414MUB

Lowest cost0.03%SMBS · $3 on $10k

Most income5.27%SMBS · $527 on $10k

Smallest drop−5.2%SMBS · worst fall in 1Y

Held in common[…]SMBS and MUB

SMBS

MUB

Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETF · $6.5BiShares National Muni Bond ETF · $54.9B

[…]3 years · per year[…] · $11,418+4.5%

[…]5 years · per year[…] · $10,414+0.8%

0.03%Expense ratio$3 · $5 on $10k · lower wins0.05%

5.27%12-mo yield$527 · $327 on $10k3.27%

−5.2%Worst dropSmaller wins−6.3%

4.7%VolatilityLower wins3.7%

3–1SMBS wins

$10,000 · 5 yearsOne scale

Shared top holdingsSMBS · MUB

They share no top holdings, or holdings aren’t on file […]

Held in common[…]

End-of-day Nov 6, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

Both

5Y2 funds

#			Trend
1	BMUB	iShares National Muni Bond ETFRead Desk		0.05%	3.27%	+0.4%	+0.5%	+0.9%	+4.5%	+0.8%	−6.3%	$54.9B
2	ASMBS	Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETFRead Desk		0.03%	5.27%	+0.1%	+0.5%	+1.6%	new	new	−5.2%	$6.5B

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Both

5Y2 funds

#			Trend
1	BMUB	iShares National Muni Bond ETFRead Desk		0.05%	3.27%	+0.4%	+0.5%	+0.9%	+4.5%	+0.8%	−6.3%	$54.9B
2	ASMBS	Schwab Strategic Trust - Schwab Mortgage-Backed Securities ETFRead Desk		0.03%	5.27%	+0.1%	+0.5%	+1.6%	new	new	−5.2%	$6.5B

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

SMBS vs MUB

SMBS

Schwab Strategic Trust - Schwab Mortgage-Backed Securities

[…]

MUB

iShares National Muni Bond

$10,414

MeasureSMBSMUB

Fee0.03%0.05%

Cost on $10k a year$3$5

Yield5.27%3.27%

5 years, per year[…]+0.8%

3 years, per year[…]+4.5%

Worst drop · 1Y−5.2%−6.3%

Volatility · 1Y4.7%3.7%

3–1measures won
SMBS first

Nov 6, 2026 · $10,000 five years ago, dividends reinvested

SCHD vs VIG

YTD

SchwabSCHD

+31.4%

VIGVanguard

+12.1%

+31.4%Year to date+12.1%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 6, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+3.2%

JEPIJ.P. Morgan

+5.3%

+3.2%Year to date+5.3%

12.8%Yield8.1%

$42.6BAssets$46.8B

1–1level

End-of-day Nov 6, 2026

SPYM vs SPY

YTD

SPDRSPYM

+8.8%

SPYSPDR

+8.7%

+8.8%Year to date+8.7%

1.1%Yield1.0%

$182BAssets$819B

2–0SPYM wins

End-of-day Nov 6, 2026

Overlap: SMBS, MUB

Today

[…]holdings […]

SMBSMUB

SMBS—[…]

MUB[…]—

End-of-day Nov 6, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$524most kept, SMBS

SMBS$527 − $3 = $524

MUB$327 − $5 = $322

KeptFee

End-of-day Nov 6, 2026 · yield in dollars minus the fee