PWZ was created on 2007-10-11 by Invesco. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 777.23m in AUM and 724 holdings. PWZ tracks an index of insured investment-grade", tax-exempt debt issued by California or any US territory with at least 15 years remaining to maturity.
TIP was created on 2003-12-04 by iShares. The fund's investment portfolio concentrates primarily on investment grade fixed income. The ETF currently has 13743.79m in AUM and 52 holdings. TIP tracks a market-value-weighted index of US Treasury inflation-protected securities with at least one year remaining in maturity.
Key Details
Oct 11, 2007
Dec 04, 2003
Fixed Income
Fixed Income
Investment Grade
Investment Grade
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.
SeekingAlpha
Municipal bonds posted a slightly negative total return of -0.12% in Q2, a result shaped by evolving foreign trade conditions, elevated new issuance, and periods of heightened volatility.
SeekingAlpha
Capital Markets Outlook Q3 2025: Red Light, Green Light...Yellow Light?
SeekingAlpha
Fixed Income Perspectives - Looking Ahead At Q3 2025: Policy Volatility Meets Income Opportunity
SeekingAlpha
Two-year and 30-year Treasury yields declined 18 and 16 basis points, respectively, as investors fully priced in odds of a September rate cut.
SeekingAlpha
This is a brief overview of Cumberland Advisorsâ thoughts on financial markets as we head into the second half of 2025. Read more here.
SeekingAlpha
Q2 2025 Credit Commentary: Up In The Air
PWZ - Invesco California AMT Free Municipal Bond ETF and TIP - iShares TIPS Bond ETF have a 0 holding overlap. Which accounts for a 0.0% overlap.
Number of overlapping holdings
0
% of overlapping holdings
0%
Name | Weight in PWZ | Weight in TIP |
---|---|---|
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
---|---|---|---|---|
SBAC | 43.42% | $24.60B | +5.04% | 1.81% |
NGG | 42.85% | $69.97B | +10.27% | 4.37% |
FCPT | 40.08% | $2.66B | -4.02% | 5.36% |
AMT | 39.94% | $100.51B | -3.74% | 3.10% |
ES | 39.70% | $24.38B | +0.62% | 4.41% |
ED | 39.53% | $36.84B | +4.16% | 3.26% |
FTS | 39.07% | $24.48B | +18.33% | 3.55% |
FAF | 38.94% | $6.21B | +1.58% | 3.55% |
DTE | 38.37% | $28.45B | +13.65% | 3.12% |
OHI | 38.25% | $11.32B | +7.06% | 6.78% |
SAFE | 38.04% | $1.05B | -37.07% | 4.86% |
PNW | 37.72% | $10.73B | +5.17% | 3.94% |
ELS | 37.60% | $11.49B | -12.30% | 3.31% |
GTY | 37.55% | $1.61B | -5.65% | 6.55% |
GMRE | 37.50% | $469.49M | -26.49% | 11.26% |
LNT | 37.04% | $16.57B | +14.91% | 3.04% |
UMH | 37.01% | $1.40B | -5.81% | 5.21% |
PFSI | 36.54% | $4.91B | -3.48% | 1.25% |
PSA | 36.45% | $51.33B | -3.88% | 4.12% |
LTC | 36.20% | $1.59B | -2.25% | 6.57% |
Double maintains 1 strategies that include TIP - iShares TIPS Bond ETF.
Name | Correlation | AUM | Expense Ratio | |
---|---|---|---|---|
MUNI | 75.40% | $2.05B | 0.35% | |
MUB | 75.00% | $37.99B | 0.05% | |
PZA | 74.16% | $2.80B | 0.28% | |
CMF | 73.53% | $3.40B | 0.08% | |
HTAB | 72.90% | $388.14M | 0.39% | |
VTEB | 72.56% | $37.90B | 0.03% | |
JMUB | 72.44% | $3.21B | 0.18% | |
SCMB | 71.16% | $2.09B | 0.03% | |
CGMU | 70.63% | $3.49B | 0.27% | |
FMB | 69.99% | $1.86B | 0.65% | |
TFI | 69.95% | $3.17B | 0.23% | |
TAXF | 69.13% | $471.82M | 0.29% | |
ITM | 69.07% | $1.86B | 0.18% | |
MMIT | 68.35% | $1.05B | 0.3% | |
MMIN | 68.09% | $319.21M | 0.3% | |
MINO | 67.70% | $306.63M | 0.39% | |
NYF | 67.36% | $878.63M | 0.25% | |
HYD | 67.26% | $3.26B | 0.32% | |
MLN | 67.22% | $502.13M | 0.24% | |
HYMB | 65.10% | $2.63B | 0.35% |
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
---|---|---|---|---|
CUBE | 41.15% | $9.49B | -14.55% | 4.99% |
MFA | 40.68% | $974.18M | -16.46% | 14.96% |
CIM | 39.91% | $1.13B | -7.19% | 10.59% |
PSA | 39.39% | $51.33B | -3.88% | 4.12% |
NMFC | 39.25% | - | - | 12.32% |
EXR | 39.12% | $32.24B | -6.86% | 4.28% |
AGNC | 37.38% | $9.94B | -4.04% | 14.75% |
PFLT | 37.37% | - | - | 11.63% |
NLY | 37.17% | $12.60B | +3.53% | 12.92% |
ZG | 36.64% | $18.61B | +61.45% | 0.00% |
Z | 36.63% | $19.28B | +62.11% | 0.00% |
MFIC | 36.03% | - | - | 11.85% |
NMAI | 35.99% | - | - | 11.90% |
FDUS | 35.54% | - | - | 8.17% |
E | 35.54% | $50.92B | +8.94% | 6.42% |
STWD | 35.41% | $7.39B | -0.85% | 9.64% |
CGBD | 35.34% | - | - | 11.33% |
DX | 35.19% | $1.37B | +4.50% | 14.45% |
RELX | 35.04% | $94.98B | +9.63% | 1.63% |
XWDIX | 34.87% | - | - | 11.96% |
SeekingAlpha
Vanguard Intermediate Corporate Bond ETF is this yearâs top performer with a 5.4% year-to-date advance. Click to read.
SeekingAlpha
Have The Bond Vigilantes Dismissed Tariff-Inflation Risk?
SeekingAlpha
Are Current Interest Rates Too High? What Is Normal?
SeekingAlpha
The August 1 tariffs deadline that will raise prices for US imports is approaching, but market sentiment remains unaffected, based on set of proxy ETFs through Fridayâs close.
SeekingAlpha
Weekly Market Pulse: The Lamest Of Ducks
SeekingAlpha
LTPZ suffered a steep price decline since 2021, but I expect a recovery as inflation concerns persist and demand for TIPS rises. See why LTPZ ETF is a Strong Buy.
Name | Correlation | AUM | Expense Ratio | |
---|---|---|---|---|
USDU | -27.64% | $136.94M | 0.5% | |
UUP | -27.10% | $208.10M | 0.77% | |
FLJH | -10.96% | $90.69M | 0.09% | |
DXJ | -9.79% | $3.57B | 0.48% | |
DBJP | -9.39% | $385.95M | 0.45% | |
TUR | -8.61% | $167.44M | 0.59% | |
HEWJ | -8.60% | $368.28M | 0.5% | |
ICLO | -7.87% | $335.85M | 0.19% | |
THTA | -6.85% | $36.25M | 0.61% | |
KCCA | -6.81% | $108.58M | 0.87% | |
CTA | -5.97% | $1.13B | 0.76% | |
CLIP | -5.80% | $1.51B | 0.07% | |
NUKZ | -4.39% | $467.96M | 0.85% | |
AGZD | -3.80% | $98.80M | 0.23% | |
CORN | -3.49% | $44.24M | 0.2% | |
ARTY | -3.33% | $1.23B | 0.47% | |
JETS | -3.29% | $812.04M | 0.6% | |
USFR | -2.76% | $18.91B | 0.15% | |
YBTC | -2.55% | $255.17M | 0.96% | |
ULTY | -2.00% | $2.20B | 1.3% |
Name | Correlation | AUM | Expense Ratio | |
---|---|---|---|---|
BIL | 0.12% | $41.72B | 0.1356% | |
PALL | 0.55% | $590.35M | 0.6% | |
TFLO | -0.55% | $6.73B | 0.15% | |
MMKT | 0.62% | $57.61M | 0.2% | |
CONY | 0.68% | $1.48B | 1.22% | |
CLIP | 0.82% | $1.51B | 0.07% | |
PPLT | -0.89% | $1.63B | 0.6% | |
KRE | 0.90% | $3.55B | 0.35% | |
YBTC | -1.01% | $255.17M | 0.96% | |
AGZD | -1.28% | $98.80M | 0.23% | |
SMIN | 1.78% | $936.12M | 0.75% | |
PIN | 2.00% | $221.84M | 0.78% | |
KMLM | 2.32% | $189.78M | 0.9% | |
IAT | 2.34% | $629.33M | 0.4% | |
SOYB | 2.62% | $25.07M | 0.22% | |
BILZ | 2.63% | $898.21M | 0.14% | |
INDY | 3.01% | $698.70M | 0.89% | |
KBE | 3.20% | $1.56B | 0.35% | |
HODL | 3.49% | $1.97B | 0.25% | |
WEAT | -3.50% | $120.48M | 0.28% |
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
---|---|---|---|---|
FRO | -0.01% | $4.24B | -21.17% | 7.10% |
SYM | 0.01% | $5.53B | +86.09% | 0.00% |
CCRN | -0.02% | $452.41M | -23.50% | 0.00% |
BARK | -0.02% | $155.61M | -39.54% | 0.00% |
CATY | -0.03% | $3.27B | +5.40% | 2.90% |
JOUT | -0.04% | $341.57M | -20.28% | 4.04% |
MTUS | -0.04% | $681.20M | -25.54% | 0.00% |
APRE | -0.05% | $9.74M | -53.75% | 0.00% |
CARM | 0.07% | $14.17M | -68.60% | 0.00% |
CNDT | 0.08% | $445.03M | -33.73% | 0.00% |
PRPH | -0.09% | $14.55M | -88.98% | 0.00% |
UNH | 0.09% | $236.83B | -54.70% | 3.24% |
LEGN | 0.10% | $7.50B | -28.28% | 0.00% |
TXMD | -0.10% | $13.43M | -34.65% | 0.00% |
CELC | 0.11% | $1.46B | +114.37% | 0.00% |
ACET | -0.13% | $58.15M | -54.64% | 0.00% |
NECB | 0.13% | $302.20M | -4.90% | 3.26% |
DG | -0.13% | $23.51B | -10.96% | 2.22% |
OFLX | -0.14% | $336.34M | -36.67% | 4.11% |
ARIS | -0.14% | $687.43M | +23.09% | 2.32% |
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
---|---|---|---|---|
DFDV | -41.72% | $236.88M | +2,061.94% | 0.00% |
NEOG | -25.25% | $1.05B | -72.53% | 0.00% |
STTK | -21.49% | $40.01M | -79.68% | 0.00% |
AGL | -21.37% | $798.93M | -74.34% | 0.00% |
MVO | -18.55% | $66.36M | -37.28% | 17.79% |
FATE | -15.45% | $134.12M | -77.19% | 0.00% |
RYTM | -12.85% | $5.62B | +79.67% | 0.00% |
PCRX | -12.75% | $1.00B | +10.59% | 0.00% |
YOU | -12.75% | $2.75B | +38.81% | 1.61% |
PRTA | -12.72% | $373.02M | -70.04% | 0.00% |
CNR | -12.11% | $4.04B | -20.85% | 0.93% |
BTU | -10.65% | $1.96B | -25.49% | 1.90% |
BANF | -10.54% | $4.21B | +16.80% | 1.45% |
HUM | -10.35% | $28.08B | -42.49% | 1.44% |
STNG | -10.24% | $2.30B | -41.33% | 3.36% |
NFBK | -10.16% | $467.18M | -13.70% | 4.73% |
NXDT | -9.93% | $208.87M | -29.48% | 13.04% |
AMR | -9.76% | $1.65B | -56.12% | 0.00% |
MSBI | -9.44% | $379.96M | -24.56% | 7.00% |
CVM | -9.36% | $48.77M | -79.80% | 0.00% |
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
---|---|---|---|---|
DFDV | -27.54% | $236.88M | +2,061.94% | 0.00% |
NEOG | -18.13% | $1.05B | -72.53% | 0.00% |
SEER | -17.58% | $128.28M | +10.66% | 0.00% |
CYRX | -17.26% | $379.04M | -16.46% | 0.00% |
MVO | -17.13% | $66.36M | -37.28% | 17.79% |
HQY | -15.59% | $8.28B | +22.12% | 0.00% |
AGL | -14.64% | $798.93M | -74.34% | 0.00% |
ULCC | -14.35% | $1.03B | +14.07% | 0.00% |
RXST | -14.09% | $318.19M | -82.60% | 0.00% |
EH | -13.73% | $934.17M | +43.06% | 0.00% |
NPWR | -13.71% | $221.52M | -68.58% | 0.00% |
PINS | -13.61% | $25.93B | +2.60% | 0.00% |
PRPH | -12.54% | $14.55M | -88.98% | 0.00% |
TKC | -12.31% | $4.85B | -28.81% | 5.57% |
STNG | -12.00% | $2.30B | -41.33% | 3.36% |
STTK | -11.72% | $40.01M | -79.68% | 0.00% |
ANET | -11.52% | $148.98B | +52.36% | 0.00% |
TRMD | -11.49% | $1.88B | -49.30% | 20.88% |
TSEM | -11.38% | $5.34B | +17.64% | 0.00% |
INFY | -11.18% | $71.49B | -23.88% | 2.96% |
Name | Correlation | AUM | Expense Ratio | |
---|---|---|---|---|
ICLO | -15.32% | $335.85M | 0.19% | |
USDU | -15.21% | $136.94M | 0.5% | |
VIXY | -11.87% | $267.44M | 0.85% | |
UUP | -11.70% | $208.10M | 0.77% | |
IVOL | -11.32% | $336.13M | 1.02% | |
KCCA | -10.12% | $108.58M | 0.87% | |
BTAL | -8.90% | $315.46M | 1.43% | |
TAIL | -8.35% | $88.40M | 0.59% | |
CORN | -6.97% | $44.24M | 0.2% | |
VIXM | -6.23% | $26.21M | 0.85% | |
THTA | -6.00% | $36.25M | 0.61% | |
FTSD | -4.77% | $233.59M | 0.25% | |
WEAT | -3.50% | $120.48M | 0.28% | |
AGZD | -1.28% | $98.80M | 0.23% | |
YBTC | -1.01% | $255.17M | 0.96% | |
PPLT | -0.89% | $1.63B | 0.6% | |
TFLO | -0.55% | $6.73B | 0.15% | |
BIL | 0.12% | $41.72B | 0.1356% | |
PALL | 0.55% | $590.35M | 0.6% | |
MMKT | 0.62% | $57.61M | 0.2% |
Name | Correlation | AUM | Expense Ratio | |
---|---|---|---|---|
FBTC | -0.02% | $24.00B | 0.25% | |
ARKW | 0.04% | $2.31B | 0.82% | |
ARKB | -0.08% | $5.78B | 0.21% | |
IBIT | -0.11% | $86.17B | 0.25% | |
XTN | 0.12% | $151.52M | 0.35% | |
BTCW | -0.16% | $183.71M | 0.3% | |
YMAG | 0.17% | $365.86M | 1.12% | |
BTCO | -0.17% | $637.99M | 0.39% | |
BTC | 0.19% | $5.34B | 0.15% | |
BITQ | -0.19% | $277.51M | 0.85% | |
BITO | 0.19% | $2.72B | 0.95% | |
AIPI | -0.20% | $346.39M | 0.65% | |
GBTC | -0.22% | $21.24B | 1.5% | |
IYT | 0.23% | $748.01M | 0.39% | |
PGJ | -0.26% | $144.10M | 0.67% | |
SOXQ | -0.32% | $503.14M | 0.19% | |
BITB | -0.32% | $4.79B | 0.2% | |
YMAX | 0.33% | $1.01B | 1.28% | |
AIRR | 0.34% | $4.61B | 0.7% | |
VIXY | 0.36% | $267.44M | 0.85% |
Name | Correlation | AUM | Expense Ratio | |
---|---|---|---|---|
TIPZ | 98.51% | $94.55M | 0.2% | |
GTIP | 98.12% | $171.49M | 0.12% | |
DFIP | 97.84% | $938.72M | 0.11% | |
TDTF | 96.16% | $853.76M | 0.18% | |
SCHP | 95.53% | $13.28B | 0.03% | |
SPIP | 95.53% | $951.55M | 0.12% | |
TIPX | 92.85% | $1.74B | 0.15% | |
LTPZ | 91.05% | $672.49M | 0.2% | |
FBND | 88.29% | $19.69B | 0.36% | |
BND | 88.07% | $132.06B | 0.03% | |
AGG | 88.00% | $127.76B | 0.03% | |
IUSB | 87.71% | $33.03B | 0.06% | |
JCPB | 87.66% | $7.15B | 0.38% | |
EAGG | 87.66% | $4.00B | 0.1% | |
FIXD | 87.59% | $3.33B | 0.65% | |
BIV | 87.50% | $23.71B | 0.03% | |
BKAG | 87.23% | $1.96B | 0% | |
SPAB | 87.19% | $8.53B | 0.03% | |
HTRB | 87.18% | $2.00B | 0.29% | |
SCHZ | 87.08% | $8.64B | 0.03% |
Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
---|---|---|---|---|
WING | -0.01% | $8.10B | -22.91% | 0.30% |
OLED | 0.02% | $7.02B | -31.59% | 1.15% |
ZEUS | -0.02% | $358.32M | -35.44% | 1.94% |
HWM | -0.02% | $76.36B | +101.65% | 0.19% |
WEAV | 0.03% | $572.89M | -25.59% | 0.00% |
AEHR | -0.04% | $559.11M | +0.64% | 0.00% |
CG | -0.04% | $22.64B | +29.23% | 2.23% |
BKE | 0.04% | $2.53B | +21.22% | 2.84% |
TAC | 0.04% | $3.60B | +64.95% | 1.44% |
HBI | -0.04% | $1.53B | -28.90% | 0.00% |
SEAT | 0.05% | $211.13M | -66.94% | 0.00% |
INTA | -0.05% | $3.31B | +13.39% | 0.00% |
ZM | -0.05% | $22.54B | +22.05% | 0.00% |
GRWG | 0.05% | $60.69M | -56.03% | 0.00% |
POWI | -0.06% | $2.86B | -28.60% | 1.62% |
EXOD | 0.06% | $913.22M | +111.50% | 0.00% |
CDW | 0.06% | $23.99B | -21.63% | 1.38% |
PSQH | 0.07% | $90.17M | -25.00% | 0.00% |
INOD | 0.07% | $1.50B | +151.95% | 0.00% |
ST | 0.07% | $4.75B | -14.85% | 1.54% |
Invesco California AMT Free Municipal Bond ETF - PWZ is made up of 572 holdings. iShares TIPS Bond ETF - TIP is made up of 53 holdings.
Name | Weight |
---|---|
- | 1.03% |
- | 0.75% |
3 3BYHTG1NT CALIFORNIA ST 4% | 0.71% |
- | 0.68% |
- | 0.66% |
- | 0.63% |
- | 0.62% |
- | 0.58% |
- | 0.58% |
3 3BPMJM2NT CALIFORNIA HEALTH FACS FING AUTH REV 4% | 0.57% |
- | 0.52% |
- | 0.52% |
- | 0.51% |
- | 0.45% |
- | 0.44% |
- | 0.43% |
- | 0.42% |
- | 0.42% |
- | 0.41% |
- | 0.40% |
- | 0.40% |
- | 0.39% |
- | 0.39% |
- | 0.39% |
- | 0.39% |
- | 0.39% |
- | 0.39% |
- | 0.39% |
- | 0.37% |
- | 0.36% |
Name | Weight |
---|---|
- | 3.99% |
7 7009247NT TREASURY (CPI) NOTE - 2.13 2035-01-15 | 3.96% |
7 7009129NT TREASURY (CPI) NOTE - 1.88 2034-07-15 | 3.86% |
7 7008969NT TREASURY (CPI) NOTE - 1.75 2034-01-15 | 3.67% |
- | 3.49% |
7 7008479NT TREASURY (CPI) NOTE - 1.13 2033-01-15 | 3.49% |
7 7008185NT TREASURY (CPI) NOTE - 0.63 2032-07-15 | 3.47% |
7 7008700NT TREASURY (CPI) NOTE - 1.38 2033-07-15 | 3.40% |
7 7009194NT TREASURY (CPI) NOTE - 1.63 2029-10-15 | 3.38% |
7 7009049NT TREASURY (CPI) NOTE - 2.13 2029-04-15 | 3.33% |
7 7008823NT TREASURY (CPI) NOTE - 2.38 2028-10-15 | 3.26% |
7 7008033NT TREASURY (CPI) NOTE - 0.13 2032-01-15 | 3.22% |
7 7008398NT TREASURY (CPI) NOTE - 1.63 2027-10-15 | 3.11% |
7 7008589NT TREASURY (CPI) NOTE - 1.25 2028-04-15 | 3.04% |
7 7008123NT TREASURY (CPI) NOTE - 0.13 2027-04-15 | 3.01% |
- | 2.99% |
- | 2.97% |
7 7007458NT TREASURY (CPI) NOTE - 0.13 2031-01-15 | 2.92% |
7 7007247NT TREASURY (CPI) NOTE - 0.13 2030-07-15 | 2.87% |
- | 2.74% |
- | 2.69% |
7 7007077NT TREASURY (CPI) NOTE - 0.13 2030-01-15 | 2.68% |
- | 2.57% |
7 7005600NT TREASURY (CPI) NOTE - 0.38 2027-01-15 | 2.48% |
7 7006943NT TREASURY (CPI) NOTE - 0.25 2029-07-15 | 2.43% |
7 7006462NT TREASURY (CPI) NOTE - 0.75 2028-07-15 | 2.39% |
7 7005917NT TREASURY (CPI) NOTE - 0.88 2029-01-15 | 2.03% |
7 7000344NT TREASURY (CPI) NOTE - 3.88 2029-04-15 | 1.52% |
7 7000060NT TREASURY (CPI) NOTE - 1.38 2044-02-15 | 1.36% |
- | 1.36% |