PWZ vs SUSC

Comparison between INVESCO CALIFORNIA AMT-FREE MUNICIPAL BOND ETF (PWZ, ETF) and ISHARES ESG AWARE USD CORPORATE BOND ETF (SUSC, ETF).

5-Year PerformancePWZ has outperformed SUSC, delivering a return of +0.1% compared to -0.2%

PWZ vs SUSC - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PWZ(ETF)	SUSC(ETF)
Net Assets	$1.20B	$1.30B
Expense Ratio	0.28%	0.18%
Max Drawdown	24.70%	25.83%
Sharpe Ratio	1.20	0.07
5Y Beta	0.11	0.11
5Y Dividends CAGR	6.43%	13.83%

Net Assets

PWZ

$1.20B

Winner

SUSC

$1.30B

Expense Ratio

PWZ

0.28%

Winner

SUSC

0.18%

Max Drawdown

Winner

PWZ

24.70%

SUSC

25.83%

Sharpe Ratio

Winner

PWZ

1.20

SUSC

0.07

5Y Beta

Winner

PWZ

0.11

SUSC

0.11

5Y Dividends CAGR

PWZ

6.43%

Winner

SUSC

13.83%

PWZ vs SUSC - Historical Returns

Returns include dividend reinvestment.

Period	PWZ	SUSC
1 month	+0.51%	-0.80%
3 months	+1.49%	-0.80%
6 months	+2.21%	-0.64%
1 year	+9.47%	+4.03%
5 years(CAGR)	+0.06%	-0.16%
10 years(CAGR)	+1.84%	+2.20%
Max(CAGR)	+3.27%	+2.20%

Winner

PWZ

+0.51%

SUSC

-0.80%

Winner

PWZ

+1.49%

SUSC

-0.80%

Winner

PWZ

+2.21%

SUSC

-0.64%

Winner

PWZ

+9.47%

SUSC

+4.03%

5Y(CAGR)

Winner

PWZ

+0.06%

SUSC

-0.16%

10Y(CAGR)

PWZ

+1.84%

Winner

SUSC

+2.20%

Max(CAGR)

Winner

PWZ

+3.27%

SUSC

+2.20%

PWZ vs SUSC - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	PWZ	SUSC
2026	+2.80%	+0.00%
2025	+1.55%	+7.56%
2024	+2.03%	+2.77%
2023	+6.20%	+7.89%
2022	-11.22%	-15.18%
2021	+1.80%	-1.22%
2020	+4.94%	+9.45%
2019	+8.51%	+14.29%
2018	+0.63%	-2.55%
2017	+6.56%	+1.74%
2016	+0.51%	N/A
2015	+3.23%	N/A
2014	+15.24%	N/A
2013	-4.57%	N/A
2012	+8.85%	N/A
2011	+12.31%	N/A
2010	+0.40%	N/A
2009	+14.61%	N/A
2008	-10.62%	N/A
2007	+0.63%	N/A

PWZ vs SUSC Drawdown Comparison

The maximum drawdown for PWZ was -21.49%, occurring on Dec 16, 2008. Recovery took 414 trading sessions.

The maximum drawdown for SUSC was -22.42%, occurring on Oct 20, 2022. This drawdown has not yet recovered.

The current PWZ drawdown is -0.59%. The current SUSC drawdown is -1.92%.

Rank	PWZ	SUSC
#1	-21.49% Jan 15, 2008 - Sep 4, 2009	-22.42% Aug 3, 2021 - Oct 20, 2022
#2	-17.56% Jul 19, 2021 - Jun 24, 2026	-18.91% Mar 6, 2020 - Jun 15, 2020
#3	-13.10% Mar 9, 2020 - Aug 11, 2020	-5.56% Dec 31, 2020 - Aug 2, 2021
#4	-11.55% Sep 29, 2010 - Aug 4, 2011	-4.68% Dec 29, 2017 - Mar 8, 2019
#5	-11.26% May 2, 2013 - Apr 11, 2014	-2.70% Aug 6, 2020 - Nov 30, 2020
#6	-7.29% Jul 7, 2016 - Aug 30, 2017	-2.52% Aug 28, 2019 - Nov 26, 2019
#7	-4.89% Oct 5, 2009 - Apr 30, 2010	-1.26% Jul 3, 2019 - Aug 1, 2019
#8	-3.28% Feb 2, 2015 - Nov 18, 2015	-1.11% Nov 6, 2017 - Nov 28, 2017
#9	-3.02% Dec 6, 2017 - Dec 28, 2018	-1.06% Nov 30, 2020 - Dec 29, 2020
#10	-2.81% Feb 11, 2021 - Jun 3, 2021	-0.85% Feb 3, 2020 - Feb 14, 2020
#11	-2.24% Aug 11, 2020 - Nov 20, 2020	-0.83% Dec 14, 2017 - Dec 29, 2017
#12	-2.20% Oct 22, 2007 - Jan 8, 2008	-0.77% Nov 28, 2017 - Dec 1, 2017
#13	-2.04% Sep 22, 2011 - Dec 12, 2011	-0.76% Mar 28, 2019 - Apr 26, 2019
#14	-1.99% Nov 28, 2012 - May 1, 2013	-0.72% Sep 7, 2017 - Oct 4, 2017
#15	-1.81% Aug 28, 2019 - Jan 6, 2020	-0.69% Oct 13, 2017 - Nov 3, 2017

Correlation

Correlation between PWZ and SUSC is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2007 - 2026)

PWZ vs SUSC dividend yield comparison.

Year	PWZ	SUSC
2026	1.88%	2.29%
2025	3.41%	4.37%
2024	3.28%	4.34%
2023	2.85%	3.83%
2022	2.49%	2.97%
2021	2.28%	2.21%
2020	2.34%	2.19%
2019	2.51%	3.07%
2018	2.53%	3.33%
2017	2.48%	1.33%
2016	2.86%	0.00%
2015	3.16%	0.00%
2014	3.80%	0.00%
2013	3.97%	0.00%
2012	3.94%	0.00%
2011	4.29%	0.00%
2010	4.74%	0.00%
2009	4.65%	0.00%
2008	4.88%	0.00%
2007	0.94%	0.00%