# iShares National Muni Bond ETF (MUB) vs State Street SPDR S&P 500 ETF Trust (SPY) · total-return overlay

LOPJLB holding-return compare (5Y). Dividends and splits. Each path starts at 0% from the first adjusted close in the window.

- Interactive: https://www.lopjlb.com/vs/MUB/SPY
- API: `GET /bff/api/bigfive/compare-series?symbols=MUB%2CSPY&range=5y`

## Window

| Symbol | Window % | Worst drawdown | YTD |
|---|---:|---:|---:|
| MUB | +2.04% | -11.56% | -0.89% |
| SPY | +82.83% | -24.49% | +13.34% |

## Periods (calendar lookback)

| Symbol | 1Y | 2Y | 3Y | 5Y |
|---|---:|---:|---:|---:|
| MUB | +2.75% | +2.76% | +8.89% | +2.04% |
| SPY | +19.97% | +43.10% | +77.98% | +82.83% |

## Annual

| Year | MUB | SPY |
|---|---:|---:|
| YTD | -0.89% | +13.34% |
| 2025 | +3.66% | +18.01% |
| 2024 | +1.41% | +25.59% |
| 2023 | +5.18% | +26.73% |
| 2022 | -7.26% | -18.64% |
| 2021 | +0.02% | +6.05% |

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Research context only. Not personalized investment advice.