PowerShares California AMT-Free Municipal Bond Portfolio ETF (PWZ)
Description
The investment seeks to track the performance of the ICE BofAML California Long-Term Core Plus Municipal Securities Index. The PWZ ETF contains 199 constituents. It is focused on holdings in the region.
Price $23.26 as of 2022-10-20Cost/Risk/Yield
| Dividend yield | 2.27% |
| Expense ratio | 0.28% |
| Average spread | 0.129% |
| 1Y roundtrip cost | 0.409% |
Historic prices
Total Returns (including dividends)
Monthly returns heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | -2.9% | -0.7% | -3.6% | -4.6% | 2.4% | -3.0% | 3.9% | -3.7% | -4.2% | 0.4% | -16.0% | ||
| 2021 | 0.6% | -2.0% | 0.9% | 1.1% | 0.6% | 0.4% | 0.8% | -0.6% | -1.1% | -0.1% | 1.1% | 0.0% | 1.8% |
| 2020 | 2.0% | 1.3% | -3.9% | -3.2% | 4.7% | 0.5% | 2.2% | -0.8% | 0.3% | -0.7% | 2.4% | 0.4% | 5.1% |
| 2019 | 0.1% | 0.4% | 2.3% | 0.9% | 1.5% | 0.3% | 1.0% | 2.0% | -0.6% | 0.3% | -0.2% | 0.5% | 8.4% |
| 2018 | -1.6% | -0.8% | 0.3% | -0.4% | 1.7% | 0.0% | 0.4% | 0.0% | -1.3% | -0.9% | 1.3% | 1.4% | 0.2% |
| 2017 | 0.1% | 0.6% | 0.1% | 1.0% | 1.8% | 0.2% | 0.6% | 1.1% | -0.7% | 0.0% | 0.0% | 1.7% | 6.6% |
| 2016 | 1.0% | 0.2% | 0.8% | 0.9% | 0.4% | 2.4% | -0.6% | 0.7% | -0.9% | -1.2% | -4.4% | 1.5% | 0.8% |
| 2015 | 1.6% | -0.8% | -0.1% | -0.7% | -0.2% | -1.0% | 1.4% | 0.4% | 0.3% | 0.7% | 0.7% | 1.4% | 3.7% |
| 2014 | 3.0% | 1.2% | 1.9% | 2.2% | 1.6% | 0.3% | 0.5% | 1.7% | 0.5% | 0.8% | 0.2% | 0.9% | 14.7% |
| 2013 | 0.7% | 0.5% | -0.5% | 1.2% | -1.6% | -4.1% | -1.4% | -2.2% | 2.1% | 1.3% | 0.2% | -0.6% | -4.6% |
| 2012 | 2.9% | 0.5% | -0.5% | 1.2% | 1.1% | -0.1% | 1.9% | 0.1% | 0.3% | 0.4% | 2.2% | -1.8% | 8.3% |
| 2011 | -2.3% | 2.2% | -0.8% | 2.3% | 2.8% | 0.1% | 0.6% | 2.8% | 2.0% | -0.4% | 0.2% | 2.1% | 11.7% |
| 5.2% | 2.5% | -3.2% | 2.0% | 16.9% | -4.0% | 11.2% | 1.5% | -3.2% | 0.7% | 3.8% | 7.4% |
Historical Dividends
Monthly dividend heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.04 | 0.05 | 0.05 | 0.05 | 0.43 | |||
| 2021 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.58 | |
| 2020 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.04 | 0.05 | 0.06 | 0.06 | 0.06 | 0.66 |
| 2019 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.69 |
| 2018 | 0.05 | 0.05 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.60 | |
| 2017 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.05 | 0.06 | 0.05 | 0.06 | 0.05 | 0.66 |
| 2016 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 | 0.06 | 0.06 | 0.05 | 0.05 | 0.05 | 0.06 | 0.73 |
| 2015 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 | 0.07 | 0.06 | 0.06 | 0.07 | 0.07 | 0.82 |
| 2014 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.98 |
| 2013 | 0.08 | 0.07 | 0.08 | 0.08 | 0.08 | 0.07 | 0.07 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.92 |
| 2012 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.99 |
| 2011 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 | 0.08 | 1.04 |
| 0.81 | 0.80 | 0.80 | 0.80 | 0.80 | 0.78 | 0.78 | 0.75 | 0.64 | 0.70 | 0.72 | 0.70 |
Sectors and Top Holdings
| Security | % Assets |
|---|---|
| Top 0 Weights | 0.00% |
Compare with similar ETFs
| PWZ | FLMB | JMUB | PZA | RVNU | VTEB | |
|---|---|---|---|---|---|---|
| Product name | PowerShares California AMT-Free Municipal Bond Portfolio ETF | Franklin Liberty Municipal Bond ETF | JP Morgan Municipal ETF | PowerShares National AMT-Free Municipal Bond Portfolio ETF | Deutsche X-trackers Municipal Infrastructure Revenue Bond ETF | Vanguard Tax-Exempt Bond ETF |
| Issuer | Invesco | Franklin | JPMorgan | Invesco | Xtrackers | Vanguard |
| Price | $23.26 | $22.17 | $48.39 | $22.22 | $22.95 | $48.03 |
| Expense Ratio | 0.28% |  0.3% |  0.18% | 0.28% | 0.15% | 0.06% |
| Average Spread | 0.129% | 0.226% | 0.041% | 0.045% | 0.261% | 0.021% |
| AUM | $475,302,000 | $100,833,000 | $87,096,700 | $2,069,230,000 | $122,542,000 | $12,447,800,000 |
| Shares | 20,434,311 | 4,548,159 | 1,799,890 | 93,124,534 | 5,339,538 | 259,167,736 |
| Average Daily Volume | 765,057 | 8,043 | 76,708 | 1,194,417 | 50,990 | 9,863,267 |
| Home page | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site | Visit external site |
| Inception Date | 2007-10-11 | 2017-08-31 | 2018-10-29 | 2007-10-11 | 2013-06-04 | 2015-08-21 |
| Index Tracked | ICE BofAML California Long-Term Core Plus Municipal Securities Index | No Underlying Index | No Underlying Index | ICE BofAML National Long-Term Core Plus Municipal Securities Index | Solactive Municipal Infrastructure Revenue Bond Index | S&P National AMT-Free Municipal Bond |
| Category | California Munis | National Munis | Total Bond Market | National Munis | National Munis | National Munis |
| Asset Class | Bond | Bond | Bond | Bond | Bond | Bond |
| Asset Class Size | ||||||
| Value or Growth | ||||||
| Region | ||||||
| Countries | U.S. | U.S. | U.S. | U.S. | U.S. | U.S. |
| Annual Dividend Rate | $0.529 | $0.516 | $1.049 | $0.558 | $0.643 | $0.939 |
| Annual Dividend Yield | 0.023% | 0.023% | 0.022% | 0.025% | 0.028% | 0.020% |
| Number of Holdings | 199 | 218 | 554 | 668 | 376 | 5958 |
| YTD Return | -15.20% | -16.89% | -10.68% | -16.48% | -20.04% | -11.27% |
| Beta | 0.26 | 0.12 | 0.05 | 0.24 | 0.27 | 0.16 |
| Upside Beta | 0.00 | 0.09 | -0.02 | 0.01 | 0.03 | 0.12 |
| Downside Beta | -0.05 | 0.05 | -0.07 | -0.04 | -0.12 | -0.01 |
| Volatility 1Y | 6.11% | 5.13% | 3.39% | 6.09% | 7.27% | 3.72% |
| Sharpe Ratio 3Y | -1.11 | -1.16 | -0.94 | -0.79 | -1.07 | -0.68 |
| Treynor Ratio 3Y | -0.02 | -0.04 | -0.06 | -0.02 | -0.02 | -0.02 |