4 min read
By Beqa Bumbeishvili, ETF Insider


Exchange-Traded Funds (ETFs) have become increasingly popular in the world of finance, offering investors a diverse range of options for building their portfolios. In this article, we will conduct a comprehensive comparison between two well-known ETFs: MUB (iShares National Muni Bond ETF) and HYG (iShares iBoxx $ High Yield Corporate Bond ETF). We will explore various aspects of these ETFs, including their tickers, full names, issuers, sectors, top holdings, capitalization, strategy, tracking, and exposure.

MUB VS HYG: Overview

MUB and HYG are two ETFs that cater to different segments of the fixed-income market. MUB focuses on municipal bonds issued by state and local governments in the United States, while HYG invests in high-yield corporate bonds. These distinct investment strategies lead to variations in risk and return potential, which we will delve into further.

MUB VS HYG: Sectors and Top Holdings

The MUB ETF primarily consists of municipal bonds, which are generally considered safer investments due to their tax-free interest income. HYG, on the other hand, is invested in the corporate bond market, with holdings in companies like Ford, Occidental Petroleum, and Dell Technologies. Understanding the sectors and top holdings of these ETFs is crucial for investors looking to align their investments with their risk tolerance and income needs.

MUB overlap MUB VS HYGMUB overlap MUB VS HYG

MUB VS HYG: Capitalization and Strategy

MUB boasts a substantial asset under management (AUM), reflecting its popularity among investors seeking tax-exempt income. HYG's strategy revolves around high-yield corporate bonds, which carry a higher level of credit risk but offer potentially higher yields. The differences in capitalization and strategy between these two ETFs lead to varying levels of risk and return, and investors should carefully consider their investment goals.

MUB VS HYG: Tracking and Exposure

MUB aims to provide investors with exposure to the municipal bond market's performance, allowing them to benefit from the stability of government-backed debt. In contrast, HYG offers exposure to high-yield corporate bonds, tracking an index of such bonds. The tracking methods differ significantly: MUB tracks the municipal bond market, while HYG tracks the performance of high-yield corporate bonds. Understanding these tracking and exposure strategies is essential for investors to make informed decisions.


MUB and HYG represent distinct investment opportunities within the fixed-income market. To gain deeper insights into these ETFs, including their holdings, correlations, overlaps, and other critical details, investors can turn to ETF Insider—an invaluable tool for exploring financial instruments. With its user-friendly app, ETF Insider provides comprehensive information that can assist investors in making well-informed decisions.

Disclaimer: This article does not provide any investment advisory services.

MUB ETF issuer
MUB ETF official page

HYG quote and analysis

Discover the top holdings, correlations, and overlaps of ETFs using our visualization tool.
Our app allows you to build and track your portfolio.
To learn more about the HYG iShares iBoxx $ High Yield Corporate Bond ETF, access our dedicated page now.

Get started