PZT vs ONOF
Comparison between INVESCO NEW YORK AMT-FREE MUNICIPAL BOND ETF (PZT, ETF) and GLOBAL X ADAPTIVE U.S. RISK MANAGEMENT ETF (ONOF, ETF).
5-Year PerformanceONOF has outperformed PZT, delivering a return of +8.4% compared to -0.4%
PZT vs ONOF - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
PZT vs ONOF - Historical Returns
Returns include dividend reinvestment.
PZT vs ONOF - Annual Returns (2007 - 2026)
Returns include dividend reinvestment.
| Year | PZT | ONOF |
|---|---|---|
| 2026 | +2.37% | +6.48% |
| 2025 | +1.01% | +9.04% |
| 2024 | +1.65% | +20.01% |
| 2023 | +7.35% | +11.58% |
| 2022 | -12.87% | -12.03% |
| 2021 | +2.53% | +25.19% |
| 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 ONOF Drawdown Comparison
The maximum drawdown for PZT was -22.71%, occurring on Oct 16, 2008. Recovery took 422 trading sessions.
The maximum drawdown for ONOF was -26.21%, occurring on Jun 16, 2022. Recovery took 520 trading sessions.
The current PZT drawdown is -1.87%. The current ONOF drawdown is -1.41%.
| Rank | PZT | ONOF |
|---|---|---|
| #1 | -22.71% Jan 16, 2008 - Sep 18, 2009 | -26.21% Dec 29, 2021 - Jan 25, 2024 |
| #2 | -19.13% Jul 19, 2021 - Oct 26, 2022 | -21.67% Feb 19, 2025 - Sep 15, 2025 |
| #3 | -16.55% Mar 9, 2020 - Aug 5, 2020 | -8.87% Jul 16, 2024 - Nov 6, 2024 |
| #4 | -12.33% Nov 30, 2012 - May 29, 2014 | -6.86% Jan 12, 2026 - Apr 30, 2026 |
| #5 | -10.45% Sep 27, 2010 - Aug 9, 2011 | -5.42% Mar 28, 2024 - May 14, 2024 |
| #6 | -7.34% Jul 5, 2016 - Nov 7, 2017 | -5.40% Sep 3, 2021 - Oct 20, 2021 |
| #7 | -4.19% Oct 6, 2009 - Apr 21, 2010 | -5.25% Oct 28, 2025 - Dec 11, 2025 |
| #8 | -3.41% Dec 29, 2017 - Jan 2, 2019 | -5.13% Feb 12, 2021 - Mar 17, 2021 |
| #9 | -3.33% Feb 12, 2021 - Jun 3, 2021 | -4.48% Jun 2, 2026 - Jun 10, 2026 |
| #10 | -2.94% Jan 30, 2015 - Oct 16, 2015 | -4.41% Nov 17, 2021 - Dec 23, 2021 |
| #11 | -2.55% Aug 7, 2020 - Nov 19, 2020 | -4.36% Dec 6, 2024 - Jan 22, 2025 |
| #12 | -2.31% Sep 23, 2011 - Dec 7, 2011 | -4.27% Jan 21, 2021 - Feb 8, 2021 |
| #13 | -2.02% Sep 3, 2019 - Jan 6, 2020 | -4.20% Apr 29, 2021 - Jun 4, 2021 |
| #14 | -1.86% Oct 22, 2007 - Dec 11, 2007 | -2.93% Oct 8, 2025 - Oct 24, 2025 |
| #15 | -1.67% Jan 31, 2012 - Apr 23, 2012 | -2.74% Jul 12, 2021 - Jul 23, 2021 |
Correlation
Correlation between PZT and ONOF is 0.43 which considered as a weak positive correlation - the stocks show a slight tendency to move together.
Dividend Comparison (2007 - 2026)
PZT vs ONOF dividend yield comparison.
| Year | PZT | ONOF |
|---|---|---|
| 2026 | 2.19% | 0.41% |
| 2025 | 3.43% | 1.38% |
| 2024 | 3.04% | 0.93% |
| 2023 | 2.82% | 1.37% |
| 2022 | 2.66% | 1.92% |
| 2021 | 2.77% | 0.69% |
| 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% |
Select Stocks to Compare
More Comparisons
Compare with similar stocks