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PZT vs BAB

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

PZT

Invesco New York AMT-Free Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$130M

BAB

Invesco Taxable Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$1.0B

Key differences

  • BAB is significantly larger than PZT — 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

PZTBAB
Annual cost (TER)0.28%0.28%
Fund size (AUM)$130M$1.0B
Since20072009
Dividend yield3.57%4.05%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+7.1%+7.7%
CAGR 3Y+2.7%+4.0%
CAGR 5Y-0.3%-0.4%
Sharpe 3Y-0.090.08
Volatility 1Y4.64%5.97%
Max drawdown-19.28%-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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