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 2022-10-20

Cost/Risk/Yield

Dividend yield2.27%
Expense ratio0.28%
Average spread0.129%
1Y roundtrip cost0.409%

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%
20210.6%-2.0%0.9%1.1%0.6%0.4%0.8%-0.6%-1.1%-0.1%1.1%0.0%1.8%
20202.0%1.3%-3.9%-3.2%4.7%0.5%2.2%-0.8%0.3%-0.7%2.4%0.4%5.1%
20190.1%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%
20170.1%0.6%0.1%1.0%1.8%0.2%0.6%1.1%-0.7%0.0%0.0%1.7%6.6%
20161.0%0.2%0.8%0.9%0.4%2.4%-0.6%0.7%-0.9%-1.2%-4.4%1.5%0.8%
20151.6%-0.8%-0.1%-0.7%-0.2%-1.0%1.4%0.4%0.3%0.7%0.7%1.4%3.7%
20143.0%1.2%1.9%2.2%1.6%0.3%0.5%1.7%0.5%0.8%0.2%0.9%14.7%
20130.7%0.5%-0.5%1.2%-1.6%-4.1%-1.4%-2.2%2.1%1.3%0.2%-0.6%-4.6%
20122.9%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
20220.050.050.050.050.050.040.050.050.050.43
20210.060.060.050.050.050.050.050.050.050.050.050.58
20200.060.060.060.060.060.050.050.040.050.060.060.060.66
20190.060.060.060.060.060.060.060.060.060.060.060.060.69
20180.050.050.050.050.060.060.060.060.060.060.050.60
20170.060.060.060.060.060.060.060.050.060.050.060.050.66
20160.070.070.070.070.070.060.060.060.050.050.050.060.73
20150.070.070.070.070.070.070.060.070.060.060.070.070.82
20140.080.080.080.080.080.080.080.080.080.080.080.070.98
20130.080.070.080.080.080.070.070.080.080.080.080.080.92
20120.090.090.090.090.090.090.090.080.080.080.080.080.99
20110.090.090.090.090.090.090.090.090.090.080.080.081.04
0.810.800.800.800.800.780.780.750.640.700.720.70

Sectors and Top Holdings

Security % Assets
Top 0 Weights0.00%

Compare with similar ETFs

PWZ FLMB JMUB PZA RVNU VTEB
Product namePowerShares California AMT-Free Municipal Bond Portfolio ETFFranklin Liberty Municipal Bond ETFJP Morgan Municipal ETFPowerShares National AMT-Free Municipal Bond Portfolio ETFDeutsche X-trackers Municipal Infrastructure Revenue Bond ETFVanguard Tax-Exempt Bond ETF
IssuerInvescoFranklinJPMorganInvescoXtrackersVanguard
Price$23.26$22.17$48.39$22.22$22.95$48.03
Expense Ratio0.28%worse0.3%better0.18%0.28%better0.15%better0.06%
Average Spread0.129%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
Shares20,434,3114,548,1591,799,89093,124,5345,339,538259,167,736
Average Daily Volume765,0578,04376,7081,194,41750,9909,863,267
Home pageVisit external siteVisit external siteVisit external siteVisit external siteVisit external site
Inception Date2007-10-112017-08-312018-10-292007-10-112013-06-042015-08-21
Index TrackedICE BofAML California Long-Term Core Plus Municipal Securities IndexNo Underlying IndexNo Underlying IndexICE BofAML National Long-Term Core Plus Municipal Securities IndexSolactive Municipal Infrastructure Revenue Bond IndexS&P National AMT-Free Municipal Bond
CategoryCalifornia MunisNational MunisTotal Bond MarketNational MunisNational MunisNational Munis
Asset ClassBondBondBondBondBondBond
Asset Class Size
Value or Growth
Region
CountriesU.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 Yield0.023%0.023%0.022%0.025%0.028%0.020%
Number of Holdings1992185546683765958
YTD Return-15.20%-16.89%-10.68%-16.48%-20.04%-11.27%
Beta0.260.120.050.240.270.16
Upside Beta0.000.09-0.020.010.030.12
Downside Beta-0.050.05-0.07-0.04-0.12-0.01
Volatility 1Y6.11%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

Historic volatility

Implied volatility

Put/Call Ratio (option volume)

Put/Call Ratio (open interest)

Volatility Spread

Volatility Skew