PZT vs BSMY
Comparison between INVESCO NEW YORK AMT-FREE MUNICIPAL BOND ETF (PZT, ETF) and Invesco BulletShares 2034 Municipal Bond ETF (BSMY, ETF).
PZT vs BSMY - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
PZT
$130M
BSMY
$130M
Expense Ratio
PZT
0.28%
Winner
BSMY
0.18%
Max Drawdown
PZT
25.44%
Winner
BSMY
7.98%
Sharpe Ratio
PZT
1.12
Winner
BSMY
1.12
5Y Beta
PZT
0.08
Winner
BSMY
0.06
5Y Dividends CAGR
PZT
5.75%
BSMY
N/A
PZT vs BSMY - Historical Returns
Returns include dividend reinvestment.
1M
Winner
PZT
+0.95%
BSMY
+0.52%
3M
Winner
PZT
+1.55%
BSMY
+0.30%
6M
Winner
PZT
+3.04%
BSMY
+1.88%
1Y
Winner
PZT
+8.94%
BSMY
+7.72%
5Y(CAGR)
PZT
-0.07%
BSMY
N/A
10Y(CAGR)
PZT
+1.89%
BSMY
N/A
Max(CAGR)
Winner
PZT
+3.00%
BSMY
+1.92%
PZT vs BSMY - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | PZT | BSMY |
|---|---|---|
| 2026 | +2.66% | +1.22% |
| 2025 | +1.01% | +3.39% |
| 2024 | +1.65% | -1.86% |
| 2023 | +7.35% | N/A |
| 2022 | -12.87% | N/A |
| 2021 | +2.53% | N/A |
| 2020 | +5.60% | N/A |
| 2019 | +8.88% | N/A |
| 2018 | -0.34% | N/A |
| 2017 | +5.69% | N/A |
| 2016 | +1.19% | N/A |
| 2015 | +2.75% | N/A |
| 2014 | +15.43% | N/A |
| 2013 | -6.92% | N/A |
| 2012 | +7.13% | N/A |
| 2011 | +12.45% | N/A |
| 2010 | +0.02% | N/A |
| 2009 | +16.86% | N/A |
| 2008 | -13.72% | N/A |
| 2007 | +1.19% | N/A |
PZT vs BSMY Drawdown Comparison
The maximum drawdown for PZT was -22.71%, occurring on Oct 16, 2008. Recovery took 422 trading sessions.
The maximum drawdown for BSMY was -6.81%, occurring on Apr 11, 2025. Recovery took 210 trading sessions.
The current PZT drawdown is -1.59%. The current BSMY drawdown is -0.80%.
| Rank | PZT | BSMY |
|---|---|---|
| #1 | -22.71% Jan 16, 2008 - Sep 18, 2009 | -6.81% Dec 6, 2024 - Oct 10, 2025 |
| #2 | -19.13% Jul 19, 2021 - Oct 26, 2022 | -3.55% Oct 1, 2024 - Dec 2, 2024 |
| #3 | -16.55% Mar 9, 2020 - Aug 5, 2020 | -3.31% Feb 27, 2026 - Mar 26, 2026 |
| #4 | -12.33% Nov 30, 2012 - May 29, 2014 | -0.67% Nov 11, 2025 - Jan 2, 2026 |
| #5 | -10.45% Sep 27, 2010 - Aug 9, 2011 | -0.51% Jan 14, 2026 - Feb 3, 2026 |
| #6 | -7.34% Jul 5, 2016 - Nov 7, 2017 | -0.38% Sep 16, 2024 - Oct 1, 2024 |
| #7 | -4.19% Oct 6, 2009 - Apr 21, 2010 | -0.26% Oct 28, 2025 - Nov 11, 2025 |
| #8 | -3.41% Dec 29, 2017 - Jan 2, 2019 | -0.21% Feb 10, 2026 - Feb 13, 2026 |
| #9 | -3.33% Feb 12, 2021 - Jun 3, 2021 | -0.18% Dec 4, 2024 - Dec 6, 2024 |
| #10 | -2.94% Jan 30, 2015 - Oct 16, 2015 | -0.16% Feb 5, 2026 - Feb 10, 2026 |
| #11 | -2.55% Aug 7, 2020 - Nov 19, 2020 | -0.12% Feb 19, 2026 - Feb 24, 2026 |
| #12 | -2.31% Sep 23, 2011 - Dec 7, 2011 | -0.08% Jan 9, 2026 - Jan 14, 2026 |
| #13 | -2.02% Sep 3, 2019 - Jan 6, 2020 | -0.08% Sep 11, 2024 - Sep 13, 2024 |
| #14 | -1.86% Oct 22, 2007 - Dec 11, 2007 | -0.07% Jan 7, 2026 - Jan 9, 2026 |
| #15 | -1.67% Jan 31, 2012 - Apr 23, 2012 | -0.06% Feb 17, 2026 - Feb 19, 2026 |
Correlation
Correlation between PZT and BSMY is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.
0.94
-101
Dividend Comparison (2007 - 2026)
PZT vs BSMY dividend yield comparison.
| Year | PZT | BSMY |
|---|---|---|
| 2026 | 1.54% | 1.49% |
| 2025 | 3.43% | 3.31% |
| 2024 | 3.04% | 0.79% |
| 2023 | 2.82% | 0.00% |
| 2022 | 2.66% | 0.00% |
| 2021 | 2.77% | 0.00% |
| 2020 | 2.55% | 0.00% |
| 2019 | 2.73% | 0.00% |
| 2018 | 3.01% | 0.00% |
| 2017 | 2.94% | 0.00% |
| 2016 | 3.36% | 0.00% |
| 2015 | 3.40% | 0.00% |
| 2014 | 3.75% | 0.00% |
| 2013 | 4.18% | 0.00% |
| 2012 | 4.00% | 0.00% |
| 2011 | 4.25% | 0.00% |
| 2010 | 4.82% | 0.00% |
| 2009 | 4.58% | 0.00% |
| 2008 | 5.06% | 0.00% |
| 2007 | 0.94% | 0.00% |
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