PZA vs BLCR

Comparison between INVESCO NATIONAL AMT-FREE MUNICIPAL BOND ETF (PZA, ETF) and BlackRock Large Cap Core ETF (BLCR, ETF).

PZA vs BLCR - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PZA(ETF)	BLCR(ETF)
Net Assets	$3.90B	$4B
Expense Ratio	0.28%	0.36%
Max Drawdown	27.00%	21.36%
Sharpe Ratio	0.66	2.70
5Y Beta	0.04	1.07
P/E Ratio	N/A	35.68
Forward P/E	N/A	22.79
PEG Ratio	N/A	0.52
5Y Dividends CAGR	5.46%	N/A
5Y EPS CAGR	N/A	27.48%
Debt to Equity	N/A	59.66%
P/S Ratio	N/A	1.84
P/B Ratio	N/A	5.81

Net Assets

PZA

$3.90B

Winner

BLCR

$4B

Expense Ratio

Winner

PZA

0.28%

BLCR

0.36%

Max Drawdown

PZA

27.00%

Winner

BLCR

21.36%

Sharpe Ratio

PZA

0.66

Winner

BLCR

2.70

5Y Beta

Winner

PZA

0.04

BLCR

1.07

P/E Ratio

PZA

N/A

BLCR

35.68

Forward P/E

PZA

N/A

BLCR

22.79

PEG Ratio

PZA

N/A

BLCR

0.52

5Y Dividends CAGR

PZA

5.46%

BLCR

N/A

5Y EPS CAGR

PZA

N/A

BLCR

27.48%

Debt to Equity

PZA

N/A

BLCR

59.66%

P/S Ratio

PZA

N/A

BLCR

1.84

P/B Ratio

PZA

N/A

BLCR

5.81

PZA vs BLCR - Historical Returns

Returns include dividend reinvestment.

Period	PZA	BLCR
1 month	+0.70%	+13.45%
3 months	+0.69%	+13.81%
6 months	+2.02%	+20.57%
1 year	+6.73%	+55.19%
5 years(CAGR)	+0.03%	N/A
10 years(CAGR)	+1.88%	N/A
Max(CAGR)	+3.22%	+32.84%

PZA

+0.70%

Winner

BLCR

+13.45%

PZA

+0.69%

Winner

BLCR

+13.81%

PZA

+2.02%

Winner

BLCR

+20.57%

PZA

+6.73%

Winner

BLCR

+55.19%

5Y(CAGR)

PZA

+0.03%

BLCR

N/A

10Y(CAGR)

PZA

+1.88%

BLCR

N/A

Max(CAGR)

PZA

+3.22%

Winner

BLCR

+32.84%

PZA vs BLCR - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	PZA	BLCR
2026	+1.58%	+16.61%
2025	+1.38%	+30.58%
2024	+0.81%	+17.91%
2023	+7.75%	+14.18%
2022	-13.00%	N/A
2021	+2.26%	N/A
2020	+4.91%	N/A
2019	+8.48%	N/A
2018	+0.07%	N/A
2017	+6.78%	N/A
2016	+0.62%	N/A
2015	+3.65%	N/A
2014	+15.05%	N/A
2013	-6.96%	N/A
2012	+9.84%	N/A
2011	+13.58%	N/A
2010	-0.41%	N/A
2009	+17.92%	N/A
2008	-12.12%	N/A
2007	+0.75%	N/A

PZA vs BLCR Drawdown Comparison

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

The maximum drawdown for BLCR was -21.29%, occurring on Apr 8, 2025. Recovery took 91 trading sessions.

The current PZA drawdown is -1.70%.

Rank	PZA	BLCR
#1	-24.48% Jan 17, 2008 - Sep 11, 2009	-21.29% Jan 23, 2025 - Jun 4, 2025
#2	-21.69% Mar 9, 2020 - Dec 7, 2020	-10.26% Jan 29, 2026 - Apr 13, 2026
#3	-18.55% Jul 19, 2021 - Oct 25, 2022	-8.45% Jul 16, 2024 - Sep 26, 2024
#4	-12.46% Nov 30, 2012 - Jul 14, 2014	-6.17% Nov 10, 2025 - Dec 10, 2025
#5	-11.77% May 10, 2010 - Aug 3, 2011	-5.42% Apr 1, 2024 - May 14, 2024
#6	-7.07% Jul 8, 2016 - Aug 29, 2017	-4.65% Dec 16, 2024 - Jan 21, 2025
#7	-4.07% Oct 1, 2009 - Apr 27, 2010	-4.15% Dec 11, 2025 - Dec 23, 2025
#8	-3.43% Feb 2, 2015 - Nov 19, 2015	-3.88% Oct 14, 2024 - Nov 7, 2024
#9	-3.00% Dec 29, 2017 - Jan 2, 2019	-3.44% Oct 1, 2025 - Oct 23, 2025
#10	-2.99% Oct 24, 2007 - Jan 2, 2008	-2.93% Nov 7, 2024 - Dec 2, 2024
#11	-2.80% Feb 10, 2021 - May 28, 2021	-2.37% Aug 14, 2025 - Aug 28, 2025
#12	-2.29% Sep 22, 2011 - Dec 14, 2011	-2.25% Jan 6, 2026 - Jan 27, 2026
#13	-1.72% Sep 3, 2019 - Jan 6, 2020	-2.10% Sep 22, 2025 - Oct 1, 2025
#14	-1.72% Oct 15, 2014 - Dec 12, 2014	-2.10% Dec 28, 2023 - Jan 19, 2024
#15	-1.58% Feb 2, 2012 - Apr 13, 2012	-1.62% Jan 29, 2024 - Feb 2, 2024

Correlation

Correlation between PZA and BLCR is 0.67 which considered as a moderate positive correlation - the stocks show some tendency to move together.

0.67

-101

Dividend Comparison (2007 - 2026)

PZA vs BLCR dividend yield comparison.

Year	PZA	BLCR
2026	1.22%	0.01%
2025	3.55%	0.33%
2024	3.22%	0.75%
2023	2.91%	0.13%
2022	2.68%	0.00%
2021	2.34%	0.00%
2020	2.44%	0.00%
2019	2.81%	0.00%
2018	3.19%	0.00%
2017	3.04%	0.00%
2016	3.23%	0.00%
2015	3.59%	0.00%
2014	3.96%	0.00%
2013	4.27%	0.00%
2012	4.11%	0.00%
2011	4.48%	0.00%
2010	4.90%	0.00%
2009	4.68%	0.00%
2008	5.07%	0.00%
2007	0.93%	0.00%