PZA vs GRNY
Comparison between INVESCO NATIONAL AMT-FREE MUNICIPAL BOND ETF (PZA, ETF) and FUNDSTRAT GRANNY SHOTS US LARGE CAP ETF (GRNY, ETF).
PZA vs GRNY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
PZA
$3.90B
GRNY
$3.90B
Expense Ratio
Winner
PZA
0.28%
GRNY
0.75%
Max Drawdown
PZA
27.00%
Winner
GRNY
24.18%
Sharpe Ratio
PZA
0.66
Winner
GRNY
1.70
5Y Beta
Winner
PZA
0.04
GRNY
1.25
P/E Ratio
PZA
N/A
GRNY
34.15
Forward P/E
PZA
N/A
GRNY
16.93
PEG Ratio
PZA
N/A
GRNY
0.80
5Y Dividends CAGR
PZA
5.46%
GRNY
N/A
5Y EPS CAGR
PZA
N/A
GRNY
22.96%
Debt to Equity
PZA
N/A
GRNY
56.16%
P/S Ratio
PZA
N/A
GRNY
4.92
P/B Ratio
PZA
N/A
GRNY
5.66
PZA vs GRNY - Historical Returns
Returns include dividend reinvestment.
1M
PZA
+0.70%
Winner
GRNY
+8.44%
3M
PZA
+0.69%
Winner
GRNY
+6.89%
6M
PZA
+2.02%
Winner
GRNY
+6.98%
1Y
PZA
+6.73%
Winner
GRNY
+35.97%
5Y(CAGR)
PZA
+0.03%
GRNY
N/A
10Y(CAGR)
PZA
+1.88%
GRNY
N/A
Max(CAGR)
PZA
+3.22%
Winner
GRNY
+21.43%
PZA vs GRNY - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | PZA | GRNY |
|---|---|---|
| 2026 | +1.58% | +8.00% |
| 2025 | +1.38% | +24.36% |
| 2024 | +0.81% | -1.09% |
| 2023 | +7.75% | N/A |
| 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 GRNY Drawdown Comparison
The maximum drawdown for PZA was -24.48%, occurring on Oct 15, 2008. Recovery took 416 trading sessions.
The maximum drawdown for GRNY was -24.18%, occurring on Apr 8, 2025. Recovery took 93 trading sessions.
The current PZA drawdown is -1.70%. The current GRNY drawdown is -0.41%.
| Rank | PZA | GRNY |
|---|---|---|
| #1 | -24.48% Jan 17, 2008 - Sep 11, 2009 | -24.18% Jan 23, 2025 - Jun 6, 2025 |
| #2 | -21.69% Mar 9, 2020 - Dec 7, 2020 | -11.63% Oct 29, 2025 - Apr 17, 2026 |
| #3 | -18.55% Jul 19, 2021 - Oct 25, 2022 | -6.54% Dec 6, 2024 - Jan 22, 2025 |
| #4 | -12.46% Nov 30, 2012 - Jul 14, 2014 | -3.80% Aug 12, 2025 - Sep 10, 2025 |
| #5 | -11.77% May 10, 2010 - Aug 3, 2011 | -3.51% Oct 9, 2025 - Oct 24, 2025 |
| #6 | -7.07% Jul 8, 2016 - Aug 29, 2017 | -3.24% Nov 11, 2024 - Nov 26, 2024 |
| #7 | -4.07% Oct 1, 2009 - Apr 27, 2010 | -2.87% Jul 28, 2025 - Aug 8, 2025 |
| #8 | -3.43% Feb 2, 2015 - Nov 19, 2015 | -2.65% Sep 22, 2025 - Oct 6, 2025 |
| #9 | -3.00% Dec 29, 2017 - Jan 2, 2019 | -2.02% Apr 24, 2026 - May 1, 2026 |
| #10 | -2.99% Oct 24, 2007 - Jan 2, 2008 | -1.59% May 6, 2026 - May 7, 2026 |
| #11 | -2.80% Feb 10, 2021 - May 28, 2021 | -1.32% Jun 30, 2025 - Jul 3, 2025 |
| #12 | -2.29% Sep 22, 2011 - Dec 14, 2011 | -1.31% Jul 3, 2025 - Jul 14, 2025 |
| #13 | -1.72% Sep 3, 2019 - Jan 6, 2020 | -1.20% Jun 16, 2025 - Jun 23, 2025 |
| #14 | -1.72% Oct 15, 2014 - Dec 12, 2014 | -1.12% Jul 17, 2025 - Jul 23, 2025 |
| #15 | -1.58% Feb 2, 2012 - Apr 13, 2012 | -1.10% Oct 6, 2025 - Oct 8, 2025 |
Correlation
Correlation between PZA and GRNY is 0.53 which considered as a moderate positive correlation - the stocks show some tendency to move together.
0.53
-101
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