PZT vs DEFR
Comparison between INVESCO NEW YORK AMT-FREE MUNICIPAL BOND ETF (PZT, ETF) and APTUS DEFERRED INCOME ETF (DEFR, ETF).
PZT vs DEFR - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
PZT
$139M
DEFR
$139M
Expense Ratio
Winner
PZT
0.28%
DEFR
0.79%
Max Drawdown
PZT
25.44%
Winner
DEFR
3.90%
Sharpe Ratio
Winner
PZT
1.26
DEFR
0.13
5Y Beta
Winner
PZT
0.08
DEFR
0.20
5Y Dividends CAGR
PZT
5.15%
DEFR
N/A
PZT vs DEFR - Historical Returns
Returns include dividend reinvestment.
1M
PZT
-0.54%
Winner
DEFR
-0.14%
3M
Winner
PZT
+0.76%
DEFR
-0.49%
6M
Winner
PZT
+2.68%
DEFR
-0.32%
1Y
Winner
PZT
+9.88%
DEFR
+3.83%
5Y(CAGR)
PZT
-0.36%
DEFR
N/A
10Y(CAGR)
PZT
+1.75%
DEFR
N/A
Max(CAGR)
PZT
+2.96%
Winner
DEFR
+5.22%
PZT vs DEFR - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | PZT | DEFR |
|---|---|---|
| 2026 | +2.37% | -0.60% |
| 2025 | +1.01% | +6.86% |
| 2024 | +1.65% | N/A |
| 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 DEFR Drawdown Comparison
The maximum drawdown for PZT was -22.71%, occurring on Oct 16, 2008. Recovery took 422 trading sessions.
The maximum drawdown for DEFR was -3.90%, occurring on May 19, 2026. This drawdown has not yet recovered.
The current PZT drawdown is -1.87%. The current DEFR drawdown is -2.89%.
| Rank | PZT | DEFR |
|---|---|---|
| #1 | -22.71% Jan 16, 2008 - Sep 18, 2009 | -3.90% Feb 27, 2026 - May 19, 2026 |
| #2 | -19.13% Jul 19, 2021 - Oct 26, 2022 | -1.47% Oct 27, 2025 - Nov 26, 2025 |
| #3 | -16.55% Mar 9, 2020 - Aug 5, 2020 | -1.33% Jun 30, 2025 - Jul 29, 2025 |
| #4 | -12.33% Nov 30, 2012 - May 29, 2014 | -1.25% Nov 26, 2025 - Feb 9, 2026 |
| #5 | -10.45% Sep 27, 2010 - Aug 9, 2011 | -0.96% Sep 22, 2025 - Sep 29, 2025 |
| #6 | -7.34% Jul 5, 2016 - Nov 7, 2017 | -0.96% Aug 4, 2025 - Sep 2, 2025 |
| #7 | -4.19% Oct 6, 2009 - Apr 21, 2010 | -0.88% May 15, 2025 - May 27, 2025 |
| #8 | -3.41% Dec 29, 2017 - Jan 2, 2019 | -0.85% Jun 4, 2025 - Jun 9, 2025 |
| #9 | -3.33% Feb 12, 2021 - Jun 3, 2021 | -0.72% Sep 29, 2025 - Oct 15, 2025 |
| #10 | -2.94% Jan 30, 2015 - Oct 16, 2015 | -0.63% Jun 9, 2025 - Jun 16, 2025 |
| #11 | -2.55% Aug 7, 2020 - Nov 19, 2020 | -0.57% Sep 11, 2025 - Sep 22, 2025 |
| #12 | -2.31% Sep 23, 2011 - Dec 7, 2011 | -0.51% Jun 16, 2025 - Jun 23, 2025 |
| #13 | -2.02% Sep 3, 2019 - Jan 6, 2020 | -0.46% May 27, 2025 - May 29, 2025 |
| #14 | -1.86% Oct 22, 2007 - Dec 11, 2007 | -0.34% Sep 2, 2025 - Sep 4, 2025 |
| #15 | -1.67% Jan 31, 2012 - Apr 23, 2012 | -0.26% Feb 17, 2026 - Feb 20, 2026 |
Correlation
Correlation between PZT and DEFR is 0.88 which considered as a strong positive correlation - the stocks tend to move together.
0.88
-101
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