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PBUS vs PZT

Invesco MSCI USA ETF vs Invesco New York AMT-Free Municipal Bond ETF

PBUS

Invesco MSCI USA ETF

Annual cost

0.04%

Fund size

$11.4B

PZT

Invesco New York AMT-Free Municipal Bond ETF

Annual cost

0.28%

Fund size

$135M

Key differences

  • PBUS costs 0.24% less per year.
  • PBUS is significantly larger than PZT — larger funds tend to be more liquid and less likely to close.
  • PBUS is classified as equity, while PZT is fixed income — different risk/return profiles.
  • Over the last 3 years, PBUS has delivered higher annualized returns.
  • PZT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PBUSPZT
Annual cost (TER)0.04%0.28%
Fund size (AUM)$11.4B$135M
Since20172007
Dividend yield0.98%3.60%
Asset classequityfixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+24.6%+9.2%
CAGR 3Y+22.6%+3.2%
CAGR 5Y+13.1%-0.0%
Sharpe 3Y1.19-0.02
Volatility 1Y12.39%4.75%
Max drawdown-33.15%-19.28%

Similar to PBUS and PZT