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Sunday, October 4, 2026The Morning Brief →Sign in

PZAvsVTEB

Invesco National AMT-Free Municipal Bond ETF against Vanguard Tax-Exempt Bond Index Fund — the fee, the flows, the book, and a year head-to-head.

One year, growth of $100
PZA 92VTEB 95Oct 25Oct 26GROWTH OF $100
Head to head
PZAVTEB
Expense ratio0.28%0.050%
Assets$4.1B$33.8B
Net flow, 1 month+$46M—
Net flow, 1 year+$1.1B—
Return, YTD-8.1%-6.0%
Return, 1 year-7.9%-5.5%
Avg daily volume4.1M29.2M
Holdings21022
ListedOct 11, 2007Aug 21, 2015
Options marketYesYes

MARKED CELLS LEAD ON THAT LINE · LOWER FEE, LARGER ASSETS, STRONGER FLOWS & RETURNS

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