Screener
CALI vs PWZ
iShares Short-Term California Muni Active ETF vs Invesco California AMT-Free Municipal Bond ETF
Key differences
- CALI costs 0.08% less per year.
- PWZ is significantly larger than CALI — larger funds tend to be more liquid and less likely to close.
- PWZ has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| CALI | PWZ | |
|---|---|---|
| Annual cost (TER) | 0.20% | 0.28% |
| Fund size (AUM) | $295M | $1.1B |
| Since | 2023 | 2007 |
| Dividend yield | 2.55% | 3.57% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | index tracking | index tracking |
| CAGR 1Y | +3.0% | +6.7% |
| CAGR 3Y | N/A | +2.5% |
| CAGR 5Y | N/A | -0.2% |
| Sharpe 3Y | N/A | -0.13 |
| Volatility 1Y | 0.76% | 4.39% |
| Max drawdown | -0.78% | -17.73% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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