IXJ vs PZA

Comparison between ISHARES GLOBAL HEALTHCARE ETF (IXJ, ETF) and INVESCO NATIONAL AMT-FREE MUNICIPAL BOND ETF (PZA, ETF).

5-Year PerformanceIXJ has outperformed PZA, delivering a return of +5.2% compared to -0.5%

IXJ vs PZA - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IXJ(ETF)	PZA(ETF)
Net Assets	$4.10B	$4.20B
Expense Ratio	0.38%	0.28%
Max Drawdown	42.81%	27.00%
Sharpe Ratio	1.20	0.70
5Y Beta	0.43	0.06
P/E Ratio	33.77	N/A
Forward P/E	20.63	N/A
PEG Ratio	0.31	N/A
5Y Dividends CAGR	7.94%	6.50%
5Y EPS CAGR	8.72%	N/A
Debt to Equity	154.60%	N/A
P/S Ratio	1.56	N/A
P/B Ratio	5.01	N/A

Net Assets

IXJ

$4.10B

Winner

PZA

$4.20B

Expense Ratio

IXJ

0.38%

Winner

PZA

0.28%

Max Drawdown

IXJ

42.81%

Winner

PZA

27.00%

Sharpe Ratio

Winner

IXJ

1.20

PZA

0.70

5Y Beta

IXJ

0.43

Winner

PZA

0.06

P/E Ratio

IXJ

33.77

PZA

N/A

Forward P/E

IXJ

20.63

PZA

N/A

PEG Ratio

IXJ

0.31

PZA

N/A

5Y Dividends CAGR

Winner

IXJ

7.94%

PZA

6.50%

5Y EPS CAGR

IXJ

8.72%

PZA

N/A

Debt to Equity

IXJ

154.60%

PZA

N/A

P/S Ratio

IXJ

1.56

PZA

N/A

P/B Ratio

IXJ

5.01

PZA

N/A

IXJ vs PZA - Historical Returns

Returns include dividend reinvestment.

Period	IXJ	PZA
1 month	+8.25%	-1.28%
3 months	+14.53%	+0.13%
6 months	+7.32%	-1.14%
1 year	+23.92%	+7.06%
5 years(CAGR)	+5.20%	-0.46%
10 years(CAGR)	+9.12%	+1.56%
Max(CAGR)	+7.63%	+3.10%

Winner

IXJ

+8.25%

PZA

-1.28%

Winner

IXJ

+14.53%

PZA

+0.13%

Winner

IXJ

+7.32%

PZA

-1.14%

Winner

IXJ

+23.92%

PZA

+7.06%

5Y(CAGR)

Winner

IXJ

+5.20%

PZA

-0.46%

10Y(CAGR)

Winner

IXJ

+9.12%

PZA

+1.56%

Max(CAGR)

Winner

IXJ

+7.63%

PZA

+3.10%

IXJ vs PZA - Annual Returns (2001 - 2026)

Returns include dividend reinvestment.

Year	IXJ	PZA
2026	+10.31%	+0.29%
2025	+14.95%	+1.38%
2024	-0.69%	+0.81%
2023	+3.59%	+7.75%
2022	-3.93%	-13.00%
2021	+19.74%	+2.26%
2020	+12.39%	+4.91%
2019	+24.67%	+8.48%
2018	+1.74%	+0.07%
2017	+19.02%	+6.78%
2016	-4.37%	+0.62%
2015	+5.69%	+3.65%
2014	+18.07%	+15.05%
2013	+33.83%	-6.96%
2012	+15.83%	+9.84%
2011	+9.85%	+13.58%
2010	+0.65%	-0.41%
2009	+16.29%	+17.92%
2008	-19.96%	-12.12%
2007	+2.96%	+0.75%
2006	+8.49%	N/A
2005	+7.27%	N/A
2004	+3.72%	N/A
2003	+16.34%	N/A
2002	-17.01%	N/A
2001	-2.47%	N/A

IXJ vs PZA Drawdown Comparison

The maximum drawdown for IXJ was -40.60%, occurring on Mar 9, 2009. Recovery took 1001 trading sessions.

The maximum drawdown for PZA was -24.48%, occurring on Oct 15, 2008. Recovery took 416 trading sessions.

The current IXJ drawdown is -0.48%. The current PZA drawdown is -2.95%.

Rank	IXJ	PZA
#1	-40.60% May 7, 2007 - Apr 26, 2011	-24.48% Jan 17, 2008 - Sep 11, 2009
#2	-31.87% Nov 26, 2001 - Apr 13, 2005	-21.69% Mar 9, 2020 - Dec 7, 2020
#3	-27.35% Feb 12, 2020 - Jul 14, 2020	-18.55% Jul 19, 2021 - Oct 25, 2022
#4	-18.80% Aug 5, 2015 - Jun 19, 2017	-12.46% Nov 30, 2012 - Jul 14, 2014
#5	-18.14% Aug 30, 2024 - Jan 6, 2026	-11.77% May 10, 2010 - Aug 3, 2011
#6	-17.48% Apr 8, 2022 - Jan 8, 2024	-7.07% Jul 8, 2016 - Aug 29, 2017
#7	-16.52% May 31, 2011 - Mar 13, 2012	-4.07% Oct 1, 2009 - Apr 27, 2010
#8	-14.45% Oct 1, 2018 - Jul 2, 2019	-3.43% Feb 2, 2015 - Nov 19, 2015
#9	-11.65% Jan 26, 2018 - Aug 21, 2018	-2.99% Dec 29, 2017 - Jan 2, 2019
#10	-10.78% Feb 27, 2026 - Jul 2, 2026	-2.99% Oct 24, 2007 - Jan 2, 2008
#11	-10.59% Dec 29, 2021 - Apr 7, 2022	-2.80% Feb 10, 2021 - May 28, 2021
#12	-8.47% Sep 24, 2014 - Oct 30, 2014	-2.29% Sep 22, 2011 - Dec 14, 2011
#13	-7.78% Sep 3, 2021 - Dec 23, 2021	-1.72% Sep 3, 2019 - Jan 6, 2020
#14	-7.77% Jan 25, 2021 - Apr 16, 2021	-1.72% Oct 15, 2014 - Dec 12, 2014
#15	-7.76% Sep 2, 2020 - Nov 5, 2020	-1.58% Feb 2, 2012 - Apr 13, 2012

Correlation

Correlation between IXJ and PZA is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2001 - 2026)

IXJ vs PZA dividend yield comparison.

Year	IXJ	PZA
2026	0.79%	2.21%
2025	1.40%	3.55%
2024	1.50%	3.22%
2023	1.38%	2.91%
2022	1.17%	2.68%
2021	1.12%	2.34%
2020	1.27%	2.44%
2019	1.42%	2.81%
2018	2.11%	3.19%
2017	1.46%	3.04%
2016	1.73%	3.23%
2015	2.85%	3.59%
2014	1.38%	3.96%
2013	1.51%	4.27%
2012	2.28%	4.11%
2011	2.17%	4.48%
2010	2.20%	4.90%
2009	1.97%	4.68%
2008	2.25%	5.07%
2007	1.72%	0.93%
2006	0.85%	0.00%
2005	0.70%	0.00%
2004	0.74%	0.00%
2003	0.63%	0.00%
2002	0.61%	0.00%
2001	0.03%	0.00%