All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

MUB: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

MUB real return snapshot: after CPI-U inflation, MUB returned −0.59% over the past year and −4.00% YTD, with dividends reinvested. Since Sep. 10, 2007, MUB is up +8.32% in real purchasing-power return, or +0.42%/yr, and is currently −19.94% below its real total-return high on Feb. 10, 2021.

Data ending Fri Sep. 4, 2026

Growth of $10,000

Mon 2007-09-10💬 to Fri 2026-09-04 Overall
Return 		Exponential
Trendline
MUB × 		+8.32%
+0.42%/yr 		+0.59%/yr
R2=0.143
iShares National Muni Bond ETF Exchange-Traded Fund

Growth of $10,000 Summary

Mon 2007-09-10💬 to Fri 2026-09-04 Start
Value 		End
Value
MUB × 		$10,000.00
2007-09-10 		$10,832.44
2026-09-04

This Year’s Performance

through 2026-09-04

  YTD YoY
MUB × 		−4.00% −0.59%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
MUB × 		−19.94%
on 2026-09-04
from 2021-02-10 peak 		−22.73%
on 2023-10-25
from 2021-02-10 peak

Rolling Returns

Period ending Fri 2026-09-04 1 yr 2 yr 3 yr 5 yr 10 yr
MUB × 		−0.59% −3.41%
−1.72%/yr 		−0.45%
−0.15%/yr 		−16.63%
−3.57%/yr 		−15.18%
−1.63%/yr

Annual Returns

Year MUB
2026 (YTD) −4.00%
2025 +1.08%
2024 −1.57%
2023 +2.14%
2022 −12.97%
2021 −5.62%
2020 +3.71%
2019 +4.66%
2018 −0.96%
2017 +2.56%
2016 −2.19%
2015 +2.16%
2014 +8.53%
2013 −4.87%
2012 +3.40%
2011 +9.73%
2010 −1.38%
2009 +4.23%
2008 +1.08%
2007 +0.83%