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SCMB vs PZA

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

SCMB

Schwab Municipal Bond ETF

Schwab ETFs

Annual cost

0.03%

Fund size

$3.7B

PZA

Invesco National AMT-Free Municipal Bond ETF

Invesco

Annual cost

0.28%

Fund size

$4.0B

Key differences

  • SCMB costs 0.25% less per year.
  • PZA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SCMBPZA
Annual cost (TER)0.03%0.28%
Fund size (AUM)$3.7B$4.0B
Since20222007
Dividend yield3.41%3.63%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+5.7%+6.6%
CAGR 3Y+2.8%+2.7%
CAGR 5YN/A-0.2%
Sharpe 3Y-0.17-0.12
Volatility 1Y2.92%4.20%
Max drawdown-6.13%-21.69%

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

Similar to SCMB and PZA