PZA vs RJMI
Invesco National AMT-Free Municipal Bond ETF against RJ Eagle Municipal Income ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
0%
6 shared positions
Fee gap
13 bp
PZA is cheaper
1-year return gap
1.4 pts
RJMI is ahead
Larger fund
PZA
$4.1B
Side by side
| PZA | RJMI | |
|---|---|---|
| Fund | Invesco National AMT-Free Municipal Bond ETF | RJ Eagle Municipal Income ETF |
| Issuer | Invesco | RJ |
| Category | National Muni | National Muni |
| Expense ratio | 0.28% | 0.41% |
| Assets | $4.1B | $36M |
| Average daily dollar volume | $83M | $635K |
| Listed | Oct 11, 2007 | Oct 1, 2025 |
| FrenzyCap score | 80 | 31 |
| 1-month return | +5.5% | +4.4% |
| 3-month return | −2.6% | −0.8% |
| Year to date | −3.2% | −2.4% |
| 1-year return | −3.4% | −2.1% |
| 30-day volatility | 8.4% | 5.8% |
| Worst drawdown, 1 year | −10.4% | −8.8% |
| Trailing 12-month yield | 3.94% | 3.29% |
| Holdings | 7,123 | 114 |
| Top 10 weight | 1.0% | 19.5% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | +$213M thru Aug 2026 | +$7.7M thru Jun 2026 |
| 30-day implied volatility | 7.7% | — |
| Holdings as of | as of Aug 31, 2026SEC filing | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
0% of PZA · 6% of RJMI| Holding | PZA | RJMI |
|---|---|---|
| Illinois (State of) Toll Highway Authority 5%, due Jan 1, 2042 | 0.04% | 1.29% |
| Illinois (State of) Toll Highway Authority 5%, due Jan 1, 2044 | 0.03% | 0.53% |
| Minnesota Agricultural & Economic Development Board (HealthPartners Obligated Group) 4%, due Jan 1, 2049 | 0.01% | 0.46% |
| New York City Transitional Finance Authority Future Tax Secured Revenue 5%, due May 1, 2044 | 0.01% | 2.21% |
| City of Philadelphia PA 5.25%, due Aug 1, 2043 | 0.01% | 1.40% |
| Illinois Finance Authority 5%, due Jul 1, 2043 | 0.01% | 0.28% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · PZA holdings · RJMI holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.