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PVI vs PZA

Invesco Floating Rate Municipal Income ETF vs Invesco National AMT-Free Municipal Bond ETF

PVI

Invesco Floating Rate Municipal Income ETF

Invesco

Annual cost

0.25%

Fund size

$31M

PZA

Invesco National AMT-Free Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$4.0B

Key differences

  • PZA is significantly larger than PVI — larger funds tend to be more liquid and less likely to close.

Side-by-side comparison

PVIPZA
Annual cost (TER)0.25%0.28%
Fund size (AUM)$31M$4.0B
Since20072007
Dividend yield2.16%3.63%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+2.3%+6.6%
CAGR 3Y+2.7%+2.7%
CAGR 5Y+1.9%-0.2%
Sharpe 3Y-0.34-0.12
Volatility 1Y2.61%4.20%
Max drawdown-1.16%-21.69%

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

Similar to PVI and PZA