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PZA vs BAB

Invesco National AMT-Free Municipal Bond ETF vs Invesco Taxable Municipal Bond ETF

PZA

Invesco National AMT-Free Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$4.0B

BAB

Invesco Taxable Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$1.0B

Key differences

  • PZA is significantly larger than BAB — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, BAB has delivered higher annualized returns.

Side-by-side comparison

PZABAB
Annual cost (TER)0.28%0.28%
Fund size (AUM)$4.0B$1.0B
Since20072009
Dividend yield3.63%4.05%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.6%+7.7%
CAGR 3Y+2.7%+4.0%
CAGR 5Y-0.2%-0.4%
Sharpe 3Y-0.120.08
Volatility 1Y4.20%5.97%
Max drawdown-21.69%-27.80%

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

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