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PZA vs LMUB

Invesco National AMT-Free Municipal Bond ETF vs iShares Long-Term National Muni Bd ETF

PZA

Invesco National AMT-Free Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$4.0B

LMUB

iShares Long-Term National Muni Bd ETF

iShares

Annual cost

0.09%

Fund size

$1.5B

Key differences

  • LMUB costs 0.19% less per year.
  • PZA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PZALMUB
Annual cost (TER)0.28%0.09%
Fund size (AUM)$4.0B$1.5B
Since20072025
Dividend yield3.63%3.96%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.7%+8.1%
CAGR 3Y+3.5%N/A
CAGR 5Y-0.0%N/A
Sharpe 3Y0.01N/A
Volatility 1Y4.25%4.27%
Max drawdown-21.69%-5.51%

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

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