PZA vs MMMA

APZA

BMMMA

Measures won2–0PZA wins · of 6 · 5Y

$10,000 · 5Y$9,816PZA

Lowest cost0.28%PZA · $28 on $10k

Most income3.94%PZA · $394 on $10k

Smallest drop−9.4%PZA · worst fall in 1Y

Held in common[…]PZA and MMMA

PZA

MMMA

Invesco National AMT-Free Municipal Bond ETF · $4.1BNYLI MacKay Muni Allocation ETF · $60M

+4.6%3 years · per year$11,455 · […][…]

−0.4%5 years · per year$9,816 · […][…]

0.28%Expense ratio$28 · $40 on $10k · lower wins0.40%

3.94%12-mo yield$394 · $371 on $10k3.71%

−9.4%Worst dropSmaller wins[…]

5.1%VolatilityLower wins[…]

2–0PZA wins

$10,000 · 5 yearsOne scale

Shared top holdingsPZA · MMMA

They share no top holdings, or holdings aren’t on file […]

Held in common[…]

End-of-day Nov 6, 2026 · $10,000 5 years ago, dividends reinvested · ● winner of the row · each row scaled to the bigger of the two

Both

5Y2 funds

#			Trend
1	APZA	Invesco National AMT-Free Municipal Bond ETFRead Desk		0.28%	3.94%	+0.4%	−0.1%	+0.4%	+4.6%	−0.4%	−9.4%	$4.1B
2	BMMMA	NYLI MacKay Muni Allocation ETFRead Desk		0.40%	3.71%	+0.8%	+3.5%	new	new	new	[…]	$60M

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Both

5Y2 funds

#			Trend
1	APZA	Invesco National AMT-Free Municipal Bond ETFRead Desk		0.28%	3.94%	+0.4%	−0.1%	+0.4%	+4.6%	−0.4%	−9.4%	$4.1B
2	BMMMA	NYLI MacKay Muni Allocation ETFRead Desk		0.40%	3.71%	+0.8%	+3.5%	new	new	new	[…]	$60M

End-of-day Nov 6, 2026 · total return, dividends in · 3Y and 5Y per year · A and B = the pair in versus

Cards for this view

PZA vs MMMA

PZA

Invesco National AMT-Free Municipal Bond

$9,816

MMMA

NYLI MacKay Muni Allocation

[…]

MeasurePZAMMMA

Fee0.28%0.40%

Cost on $10k a year$28$40

Yield3.94%3.71%

5 years, per year−0.4%[…]

3 years, per year+4.6%[…]

Worst drop · 1Y−9.4%[…]

Volatility · 1Y5.1%[…]

2–0measures won
PZA first

Nov 6, 2026 · $10,000 five years ago, dividends reinvested

SCHD vs VIG

YTD

SchwabSCHD

+31.4%

VIGVanguard

+12.1%

+31.4%Year to date+12.1%

3.0%Yield1.5%

$120BAssets$109B

2–0SCHD wins

End-of-day Nov 6, 2026

JEPQ vs JEPI

YTD

J.P. MorganJEPQ

+3.2%

JEPIJ.P. Morgan

+5.3%

+3.2%Year to date+5.3%

12.8%Yield8.1%

$42.6BAssets$46.8B

1–1level

End-of-day Nov 6, 2026

SPYM vs SPY

YTD

SPDRSPYM

+8.8%

SPYSPDR

+8.7%

+8.8%Year to date+8.7%

1.1%Yield1.0%

$182BAssets$819B

2–0SPYM wins

End-of-day Nov 6, 2026

Overlap: PZA, MMMA

Today

[…]holdings […]

PZAMMMA

PZA—[…]

MMMA[…]—

End-of-day Nov 6, 2026 · share held in common · outlined: the pair in versus

Income After Fees on $10,000

$366most kept, PZA

PZA$394 − $28 = $366

MMMA$371 − $40 = $331

KeptFee

End-of-day Nov 6, 2026 · yield in dollars minus the fee