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PBUS vs PZA

Invesco MSCI USA ETF vs Invesco National AMT-Free Municipal Bond ETF

PBUS

Invesco MSCI USA ETF

Annual cost

0.04%

Fund size

$11.4B

PZA

Invesco National AMT-Free Municipal Bond ETF

Annual cost

0.28%

Fund size

$4.1B

Key differences

  • PBUS costs 0.24% less per year.
  • PBUS is classified as equity, while PZA is fixed income — different risk/return profiles.
  • Over the last 3 years, PBUS has delivered higher annualized returns.
  • PZA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PBUSPZA
Annual cost (TER)0.04%0.28%
Fund size (AUM)$11.4B$4.1B
Since20172007
Dividend yield0.98%3.65%
Asset classequityfixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+24.6%+8.7%
CAGR 3Y+22.6%+3.4%
CAGR 5Y+13.1%-0.0%
Sharpe 3Y1.190.00
Volatility 1Y12.39%4.23%
Max drawdown-33.15%-21.69%

Similar to PBUS and PZA