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PZA vs PWZ

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

PZA

Invesco National AMT-Free Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$4.0B

PWZ

Invesco California AMT-Free Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$1.1B

Key differences

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

Side-by-side comparison

PZAPWZ
Annual cost (TER)0.28%0.28%
Fund size (AUM)$4.0B$1.1B
Since20072007
Dividend yield3.63%3.57%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+6.6%+6.7%
CAGR 3Y+2.7%+2.5%
CAGR 5Y-0.2%-0.2%
Sharpe 3Y-0.12-0.13
Volatility 1Y4.20%4.39%
Max drawdown-21.69%-17.73%

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

Similar to PZA and PWZ