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PWZ vs PVI

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

PWZ

Invesco California AMT-Free Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$1.1B

PVI

Invesco Floating Rate Municipal Income ETF

Invesco

Annual cost

0.25%

Fund size

$31M

Key differences

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

Side-by-side comparison

PWZPVI
Annual cost (TER)0.28%0.25%
Fund size (AUM)$1.1B$31M
Since20072007
Dividend yield3.57%2.16%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.7%+2.3%
CAGR 3Y+2.5%+2.7%
CAGR 5Y-0.2%+1.9%
Sharpe 3Y-0.13-0.34
Volatility 1Y4.39%2.61%
Max drawdown-17.73%-1.16%

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

Similar to PWZ and PVI