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PWZ vs PZT

Invesco California AMT-Free Municipal Bond ETF vs Invesco New York AMT-Free Municipal Bond ETF

PWZ

Invesco California AMT-Free Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$1.1B

PZT

Invesco New York AMT-Free Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$130M

Key differences

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

Side-by-side comparison

PWZPZT
Annual cost (TER)0.28%0.28%
Fund size (AUM)$1.1B$130M
Since20072007
Dividend yield3.57%3.57%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.7%+7.1%
CAGR 3Y+2.5%+2.7%
CAGR 5Y-0.2%-0.3%
Sharpe 3Y-0.13-0.09
Volatility 1Y4.39%4.64%
Max drawdown-17.73%-19.28%

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

Similar to PWZ and PZT