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PZA vs RSPT

Comparison between INVESCO NATIONAL AMT-FREE MUNICIPAL BOND ETF (PZA, ETF) and INVESCO S&P 500 EQUAL WEIGHT TECHNOLOGY ETF (RSPT, ETF).

5-Year PerformanceRSPT has outperformed PZA, delivering a return of +16.6% compared to +0.0%

PZA vs RSPT - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
PZA
$3.90B
RSPT
$3.80B
Expense Ratio
Winner
PZA
0.28%
RSPT
0.40%
Max Drawdown
Winner
PZA
27.00%
RSPT
58.97%
Sharpe Ratio
PZA
0.66
Winner
RSPT
2.28
5Y Beta
Winner
PZA
0.04
RSPT
1.34
P/E Ratio
PZA
N/A
RSPT
31.79
Forward P/E
PZA
N/A
RSPT
19.72
PEG Ratio
PZA
N/A
RSPT
0.68
5Y Dividends CAGR
Winner
PZA
5.46%
RSPT
-10.47%
5Y EPS CAGR
PZA
N/A
RSPT
17.98%
Debt to Equity
PZA
N/A
RSPT
111.44%
P/S Ratio
PZA
N/A
RSPT
3.29
P/B Ratio
PZA
N/A
RSPT
4.93

PZA vs RSPT - Historical Returns

Returns include dividend reinvestment.

1M
PZA
+0.70%
Winner
RSPT
+20.22%
3M
PZA
+0.69%
Winner
RSPT
+22.86%
6M
PZA
+2.02%
Winner
RSPT
+28.58%
1Y
PZA
+6.73%
Winner
RSPT
+62.52%
5Y(CAGR)
PZA
+0.03%
Winner
RSPT
+16.65%
10Y(CAGR)
PZA
+1.88%
Winner
RSPT
+21.57%
Max(CAGR)
PZA
+3.22%
Winner
RSPT
+14.40%

PZA vs RSPT - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

YearPZARSPT
2026+1.58%+27.18%
2025+1.38%+22.30%
2024+0.81%+17.94%
2023+7.75%+35.50%
2022-13.00%-24.88%
2021+2.26%+30.18%
2020+4.91%+28.40%
2019+8.48%+41.75%
2018+0.07%-1.79%
2017+6.78%+31.76%
2016+0.62%+20.94%
2015+3.65%+2.89%
2014+15.05%+20.37%
2013-6.96%+35.76%
2012+9.84%+10.47%
2011+13.58%-7.81%
2010-0.41%+16.56%
2009+17.92%+69.08%
2008-12.12%-44.46%
2007+0.75%+1.69%
2006N/A+1.64%

PZA vs RSPT Drawdown Comparison

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

The maximum drawdown for RSPT was -58.91%, occurring on Nov 21, 2008. Recovery took 879 trading sessions.

The current PZA drawdown is -1.70%.

RankPZARSPT
#1-24.48%
Jan 17, 2008 - Sep 11, 2009
-58.91%
Jul 19, 2007 - Jan 12, 2011
#2-21.69%
Mar 9, 2020 - Dec 7, 2020
-33.67%
Feb 19, 2020 - Aug 3, 2020
#3-18.55%
Jul 19, 2021 - Oct 25, 2022
-32.49%
Dec 27, 2021 - Dec 19, 2023
#4-12.46%
Nov 30, 2012 - Jul 14, 2014
-26.73%
Feb 17, 2011 - Jan 25, 2013
#5-11.77%
May 10, 2010 - Aug 3, 2011
-26.62%
Feb 19, 2025 - Jun 26, 2025
#6-7.07%
Jul 8, 2016 - Aug 29, 2017
-22.41%
Aug 29, 2018 - Mar 19, 2019
#7-4.07%
Oct 1, 2009 - Apr 27, 2010
-16.92%
Dec 1, 2015 - May 27, 2016
#8-3.43%
Feb 2, 2015 - Nov 19, 2015
-14.71%
May 27, 2015 - Dec 1, 2015
#9-3.00%
Dec 29, 2017 - Jan 2, 2019
-12.86%
Jul 16, 2024 - Oct 14, 2024
#10-2.99%
Oct 24, 2007 - Jan 2, 2008
-11.71%
Apr 24, 2019 - Jul 3, 2019
#11-2.80%
Feb 10, 2021 - May 28, 2021
-11.01%
Sep 18, 2014 - Nov 3, 2014
#12-2.29%
Sep 22, 2011 - Dec 14, 2011
-10.67%
Jan 28, 2026 - Apr 13, 2026
#13-1.72%
Sep 3, 2019 - Jan 6, 2020
-10.36%
Nov 3, 2025 - Dec 9, 2025
#14-1.72%
Oct 15, 2014 - Dec 12, 2014
-10.12%
Mar 7, 2024 - May 22, 2024
#15-1.58%
Feb 2, 2012 - Apr 13, 2012
-9.90%
Jul 24, 2019 - Nov 7, 2019

Correlation

Correlation between PZA and RSPT is 0.82 which considered as a strong positive correlation - the stocks tend to move together.

0.82
-101

Dividend Comparison (2007 - 2026)

PZA vs RSPT dividend yield comparison.

YearPZARSPT
20261.22%0.07%
20253.55%0.39%
20243.22%0.44%
20232.91%0.56%
20222.68%0.71%
20212.34%0.50%
20202.44%1.29%
20192.81%0.92%
20183.19%0.98%
20173.04%0.84%
20163.23%1.16%
20153.59%1.18%
20143.96%1.16%
20134.27%0.80%
20124.11%1.03%
20114.48%0.74%
20104.90%0.27%
20094.68%0.25%
20085.07%0.35%
20070.93%0.03%

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