Skip to content
Beacon
Screener

PZT vs TAXF

Invesco New York AMT-Free Municipal Bond ETF vs American Century Diversified Municipal Bond ETF

PZT

Invesco New York AMT-Free Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$130M

TAXF

American Century Diversified Municipal Bond ETF

American Century Investments

Annual cost

0.27%

Fund size

$627M

Key differences

  • TAXF is significantly larger than PZT — larger funds tend to be more liquid and less likely to close.
  • PZT follows a index tracking strategy; TAXF uses active selection.
  • PZT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PZTTAXF
Annual cost (TER)0.28%0.27%
Fund size (AUM)$130M$627M
Since20072018
Dividend yield3.57%3.82%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingactive selection
CAGR 1Y+7.1%+7.0%
CAGR 3Y+2.7%+3.6%
CAGR 5Y-0.3%+0.9%
Sharpe 3Y-0.090.03
Volatility 1Y4.64%3.09%
Max drawdown-19.28%-13.94%

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

Similar to PZT and TAXF