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LMUB vs PZT

iShares Long-Term National Muni Bd ETF vs Invesco New York AMT-Free Municipal Bond ETF

LMUB

iShares Long-Term National Muni Bd ETF

iShares

Annual cost

0.09%

Fund size

$1.5B

PZT

Invesco New York AMT-Free Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$130M

Key differences

  • LMUB costs 0.19% less per year.
  • LMUB is significantly larger than PZT — larger funds tend to be more liquid and less likely to close.
  • PZT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

LMUBPZT
Annual cost (TER)0.09%0.28%
Fund size (AUM)$1.5B$130M
Since20252007
Dividend yield3.96%3.57%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.8%+7.1%
CAGR 3YN/A+2.7%
CAGR 5YN/A-0.3%
Sharpe 3YN/A-0.09
Volatility 1Y4.20%4.64%
Max drawdown-5.51%-19.28%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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