MUB vs PWZ
YTDYear to date
MUB wins+0.6 pts
Past year
MUB wins+0.5 pts
Fee
MUB winslower fee
Yield
PWZ wins+0.7 pts
AUM
MUB44.3× more
3–1MUB wins
MUB and PWZ · year-to-date · as of Nov 7, 2026 · AUM not scored
PWZ vs S&P 500
YTD$23.37 · +0.3% last sessionDividend-adjusted total return. S&P 500 uses VOO.CompareS&P 500+ Peer avg+ Add a fund
Return1D1M3MYTD ▼1Y3Y5YMAX
Total return+0.3%+5.7%−2.1%−0.1%+0.4%+14.2%−1.3%+78.0%
Peer average+0.2%+4.2%−0.2%+1.1%+1.5%+15.2%+3.0%—
S&P 500 · VOO+0.3%−5.0%−4.6%+8.7%+9.8%+80.8%+71.8%+793.2%
Invesco PWZ and Vanguard VOO · total return, dividends in · as of Nov 7, 2026
PWZ’s Holdings
TodayUSD Pending DiPending Dividends1.2%California H0.8%California H0.7%Regents of t0.6%California H0.6%California E0.5%Regents of t0.5%California E0.5%Los Angeles 0.4%University o0.4%Los Angeles 0.4%San Diego Un0.4%Foothill-Eas0.4%San Diego Co0.4%University o0.4%California E0.4%University o0.4%San Francisc0.3%California E0.3%City of San 0.3%San Francisc0.3%California H0.3%
USD Pending DiPending Dividends1.2%California H0.8%California H0.7%Regents of t0.6%California H0.6%California E0.5%Regents of t0.5%California E0.5%Los Angeles 0.4%University o0.4%Los Angeles 0.4%San Diego Un0.4%
Invesco PWZ · 1,305 holdings · top 22 shown · tile size = share of the fund · as of Nov 6, 2026
All 166 Municipal ETFs
YTD| # | Trend | |||||||
|---|---|---|---|---|---|---|---|---|
| 1 | MUB | National Muni BondReadDesk | 0.05% | 3.3% | +0.5% | +0.5% | $55.0B | |
| 2 | VTEB | Tax-Exempt BondReadDesk | 0.03% | 3.5% | +0.7% | +0.7% | $49.6B | |
| 3 | SUB | Short-Term National Muni BondReadDesk | 0.07% | 2.6% | +1.6% | +1.6% | $13.4B | |
| 4 | JMUB | JPMorgan MunicipalReadDesk | 0.18% | 3.8% | +0.9% | +0.9% | $9.1B | |
| 5 | CGMU | Capital Group Municipal IncomeReadDesk | 0.27% | 3.4% | +1.3% | +1.3% | $7.6B | |
| 6 | CMF | California Muni BondReadDesk | 0.08% | 3.0% | +0.4% | +0.4% | $5.5B | |
| 7 | HYD | VanEck High Yield MuniReadDesk | 0.32% | 4.4% | +1.0% | +1.0% | $4.6B | |
| 8 | PZA | National AMT-Free Municipal BondReadDesk | 0.28% | 3.9% | −0.1% | −0.1% | $4.1B | |
| 9 | SCMB | Municipal BondReadDesk | 0.03% | 3.6% | +0.4% | +0.4% | $4.1B | |
| 10 | HYMB | State Street SPDR Nuveen ICE High Yield Municipal BondReadDesk | 0.35% | 4.7% | +1.5% | +1.5% | $3.8B | |
| 11 | CGHM | Capital Group Municipal High-IncomeReadDesk | 0.34% | 4.3% | +1.8% | +1.8% | $3.8B | |
| 12 | MUNI | PIMCO Intermediate Municipal Bond Active Exchange-TradedReadDesk | 0.35% | 3.3% | +1.3% | +1.3% | $3.7B | |
| 13 | VTEC | California Tax-Exempt BondReadDesk | 0.06% | 3.2% | +0.3% | +0.3% | $3.6B | |
| 14 | VTES | Short-Term Tax-Exempt BondReadDesk | 0.05% | 2.7% | +1.4% | +1.4% | $3.6B | |
| 15 | SHM | State Street SPDR Nuveen ICE Short Term Municipal BondReadDesk | 0.20% | 2.7% | +1.4% | +1.4% | $3.5B | |
| 16 | TFI | State Street SPDR Nuveen ICE Municipal BondReadDesk | 0.23% | 3.6% | +0.2% | +0.2% | $2.9B |
1–16 of 166Page 1 of 11
Municipal · current AUM · as of Nov 7, 2026
PWZ Payouts by Year
6YLatest payout, Oct 2026
$0.08
a share · every month
3.9% yield
3.9% yield
6 years added up
$3.82 a share
$3.82 a share
Invesco PWZ · per-share distributions by ex-date · 2021–2026
PWZ’s Peers
YTD| # | Trend | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | MUB | iShares National Muni Bond ETFReadVersus | 0.05% | 3.3% | +0.4% | +0.5% | +0.9% | $55.0B | |
| 2 | VTEB | Vanguard Tax-Exempt Bond ETFReadVersus | 0.03% | 3.5% | +0.2% | +0.7% | +1.3% | $49.6B | |
| 3 | SUB | iShares Short-Term National Muni Bond ETFReadVersus | 0.07% | 2.6% | 0.0% | +1.6% | +2.5% | $13.4B | |
| 4 | JMUB | JPMorgan Municipal ETFReadVersus | 0.18% | 3.8% | +0.1% | +0.9% | +1.4% | $9.1B | |
| 5 | CGMU | Capital Group Municipal Income ETFReadVersus | 0.27% | 3.4% | +0.2% | +1.3% | +2.0% | $7.6B | |
| 6 | PWZ | Invesco California AMT-Free Municipal Bond ETFThis fund | 0.28% | 3.9% | +0.3% | −0.1% | +0.4% | $1.2B |
#137 of 141 this year · #94 cheapest of 166 · sorted by assetsOpen the Bonds & Cash table →
PWZ and its peer group · total return · as of Nov 7, 2026
Cards for This View
PWZ’s Top 10 Holdings
Today6.2%of PWZ sits in these 10
1USD PePending Dividends1.19%
2CalifoCalifornia Health Facilities Financing Authority 4.00% 11/01/20440.81%
3CalifoCalifornia Health Facilities Financing Authority 5.00% 11/15/20560.67%
4RegentRegents of the University of California Medical Center Pooled Revenue 5.00% 05/15/20470.59%
5CalifoCalifornia Health Facilities Financing Authority 4.00% 08/15/20480.57%
6CalifoCalifornia Educational Facilities Authority 5.00% 10/01/20550.52%
7RegentRegents of the University of California Medical Center Pooled Revenue 4.00% 05/15/20530.51%
8CalifoCalifornia Educational Facilities Authority 5.00% 05/01/20490.50%
9Los AnLos Angeles Department of Water & Power 5.00% 07/01/20500.44%
10UniverUniversity of California 5.00% 05/15/20530.42%
Invesco PWZ · weight in the fund · as of Nov 6, 2026
PWZ’s Holdings
TodayUSD Pending DiPending Dividends1.2%California H0.8%California H0.7%Regents of t0.6%California H0.6%California E0.5%Regents of t0.5%California E0.5%Los Angeles 0.4%University o0.4%Los Angeles 0.4%San Diego Un0.4%Foothill-Eas0.4%San Diego Co0.4%University o0.4%California E0.4%University o0.4%San Francisc0.3%California E0.3%City of San 0.3%San Francisc0.3%California H0.3%
USD Pending DiPending Dividends1.2%California H0.8%California H0.7%Regents of t0.6%California H0.6%California E0.5%Regents of t0.5%California E0.5%Los Angeles 0.4%University o0.4%Los Angeles 0.4%San Diego Un0.4%
Invesco PWZ · 1,305 holdings · top 22 shown · tile size = share of the fund · as of Nov 6, 2026
PWZ vs Peer Average
YTDPWZAvsBPeer average
1D+0.3%+0.2%
1M+5.7%+4.2%
3M−2.1%−0.2%
YTD−0.1%+1.1%
1Y+0.4%+1.5%
3Y+14.2%+15.2%
5Y−1.3%+3.0%
2–5Peer average wins
165 Municipal peers · each row scaled to its leader