{
  "page": "compare",
  "query": {
    "a": "PZA",
    "b": "SCMB"
  },
  "retrieved_at": "2026-07-07T16:13:45+00:00",
  "disclaimer": "Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them.",
  "attribution": "Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC.",
  "terms": {
    "notice": "Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed.",
    "url": "https://fundwatcher.app/terms/"
  },
  "fund_a": {
    "name": "Invesco National AMT-Free Municipal Bond ETF",
    "ticker": "PZA",
    "slug": "PZA",
    "series_id": "S000019245",
    "html_url": "https://fundwatcher.app/funds/PZA/"
  },
  "fund_b": {
    "name": "Schwab Municipal Bond ETF",
    "ticker": "SCMB",
    "slug": "SCMB",
    "series_id": "S000077692",
    "html_url": "https://fundwatcher.app/funds/SCMB/"
  },
  "overlap": {
    "coverage_a_by_b": "0.2294006651802007249422773295",
    "coverage_b_by_a": "0.2294006651802007249422773296",
    "shared_count": 2153,
    "as_of": {
      "a": "2026-02-28",
      "b": "2026-03-31"
    },
    "a_top": [
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        "name": "NEW YORK ST DORM AUTH REVENUES REGD B/E 5.50000000",
        "value": "5525695.08",
        "weight": "0.00150374",
        "shared": true
      },
      {
        "name": "CALIFORNIA ST HLTH FACS FING AUTH REVENUE",
        "value": "5326604.46",
        "weight": "0.00144956",
        "shared": false
      },
      {
        "name": "TX WTR DEV BRD",
        "value": "4794709.82",
        "weight": "0.00130481",
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      },
      {
        "name": "UNIV OF CALIFORNIA CA REVENUES",
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      {
        "name": "DALLAS ISD",
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      {
        "name": "NY ST DORM AUTH PIT 20D SF 4.0% 02-15-47",
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        "weight": "0.00123015",
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      },
      {
        "name": "Salt River Project Agricultural Improvement & Power District, Series 2025, RB",
        "value": "4309046.00",
        "weight": "0.00117264",
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      {
        "name": "STATE OF CALIFORNIA 4.0% 09-01-43",
        "value": "4305310.38",
        "weight": "0.00117163",
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      },
      {
        "name": "NY MTA TRANSP 5.25% 11/15/2055",
        "value": "4189701.00",
        "weight": "0.00114017",
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      },
      {
        "name": "Monroe County Industrial Development Corp. (University of Rochester), Series 2020 A, RB",
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      {
        "name": "NYC WTR 4% 6/15/2051",
        "value": "4181299.20",
        "weight": "0.00113788",
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      },
      {
        "name": "UNIV OF CA REGENTS -P",
        "value": "4148843.40",
        "weight": "0.00112905",
        "shared": false
      },
      {
        "name": "TX TTFTRN 5.5 10/01/2055",
        "value": "4001638.67",
        "weight": "0.00108899",
        "shared": true
      },
      {
        "name": "TRIBOROUGH NY BRIDGE   TUNNEL TRBTRN 05/51 FIXED 5",
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        "weight": "0.00108480",
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      },
      {
        "name": "TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE",
        "value": "3906647.77",
        "weight": "0.00106314",
        "shared": true
      },
      {
        "name": "SAN DIEGO USD-I",
        "value": "3859544.70",
        "weight": "0.00105032",
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      },
      {
        "name": "MASSACHUSETTS ST-G",
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      {
        "name": "NJ TPK 4% 1/1/2042",
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        "weight": "0.00104153",
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      {
        "name": "HAYS TX CONSOL INDEP SCH DIST",
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        "weight": "0.00103813",
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      {
        "name": "NY ST UDC PIT REV 20A SF 4.0% 03-15-49",
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        "weight": "0.00102825",
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      {
        "name": "NJ TPK 5.25% 1/1/52",
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        "weight": "0.00100189",
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      {
        "name": "LOWER AL GAS DIST GAS PROJ REV LWRUTL 09/46 FIXED 5",
        "value": "3656901.88",
        "weight": "0.00099517",
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      },
      {
        "name": "MET TRANSPRTN AUTH NY DEDICATED TAX FUND",
        "value": "3636809.36",
        "weight": "0.00098971",
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      },
      {
        "name": "State of California 5.00% 03/01/2055",
        "value": "3633927.79",
        "weight": "0.00098892",
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      },
      {
        "name": "CALIFORNIA ST EDUCTNL FACS AUTH REVENUE",
        "value": "3623733.00",
        "weight": "0.00098615",
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      },
      {
        "name": "Tender Option Bond Trust Receipts/Certificates",
        "value": "3608719.15",
        "weight": "0.00098206",
        "shared": true
      },
      {
        "name": "COLORADO ST HLTH FACS AUTH REVENUE",
        "value": "3603317.05",
        "weight": "0.00098059",
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      {
        "name": "San Francisco City & County, Series 2023B",
        "value": "3601485.96",
        "weight": "0.00098009",
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      {
        "name": "MIAMI-DADE WTSW 4% 10/1/49",
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        "weight": "0.00097132",
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      {
        "name": "NYC TRANSIT FIN-F-1",
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      {
        "name": "GRAND PKWY TRANSPRTN",
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      {
        "name": "NYC MUNI WTR FIN-FF-1",
        "value": "3515627.82",
        "weight": "0.00095673",
        "shared": false
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      {
        "name": "STATE OF NEW YORK PERSONAL INCOME TAX REVENUE 5.25% 03-15-52",
        "value": "3515452.41",
        "weight": "0.00095668",
        "shared": true
      },
      {
        "name": "Jurupa Unified School District, Series 2017 B, GO Bonds",
        "value": "3471255.78",
        "weight": "0.00094465",
        "shared": false
      },
      {
        "name": "Jefferson (County of), AL, Series 2024, Ref. Revenue Wts.",
        "value": "3426985.43",
        "weight": "0.00093260",
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      {
        "name": "Triborough Bridge & Tunnel Authority Sales Tax Revenue",
        "value": "3425186.13",
        "weight": "0.00093211",
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      {
        "name": "State of California",
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        "weight": "0.00092592",
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      {
        "name": "CALIFORNIA ST EDUCTNL",
        "value": "3381062.07",
        "weight": "0.00092011",
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      {
        "name": "LIBERTY HILL ISD -REF",
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        "weight": "0.00091985",
        "shared": false
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      {
        "name": "MA ST 5% 11/1/2050",
        "value": "3355729.46",
        "weight": "0.00091321",
        "shared": true
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      {
        "name": "New York City Transitional Finance Authority Future Tax Secured, Series 2022C-1",
        "value": "3351823.86",
        "weight": "0.00091215",
        "shared": false
      },
      {
        "name": "TX WTR DEV BRD-B",
        "value": "3333453.01",
        "weight": "0.00090715",
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      {
        "name": "GRAND PKWY TRANSPRTN",
        "value": "3323919.06",
        "weight": "0.00090456",
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      },
      {
        "name": "Tender Option Bond Trust Receipts/Certificates",
        "value": "3318011.33",
        "weight": "0.00090295",
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      {
        "name": "Municipal Improvement Corp. of Los Angeles, Series A",
        "value": "3299615.40",
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        "shared": false
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      {
        "name": "NJ ECON DEV AUTH-A",
        "value": "3261740.20",
        "weight": "0.00088764",
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      {
        "name": "TRIBOROUGH NY BRIDGE   TUNNEL TRBTRN 05/64 FIXED 5.25",
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        "weight": "0.00088510",
        "shared": true
      },
      {
        "name": "MA ST 5% 1/1/54",
        "value": "3247012.14",
        "weight": "0.00088363",
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      },
      {
        "name": "ORANGE HLTH FACS-A",
        "value": "3242157.16",
        "weight": "0.00088231",
        "shared": false
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    "b_top": [
      {
        "name": "NEW YORK NY",
        "value": "9475000.00",
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      {
        "name": "MASSACHUSETTS ST",
        "value": "8832193.77",
        "weight": "0.00251884",
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      {
        "name": "Gwinnett County School District, Series 2025, GO Bonds",
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      {
        "name": "NEW YORK-G-G-1",
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      {
        "name": "PENNSYLVANIA ST-1ST",
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      {
        "name": "NASHVILLE& DAVIDSON-A",
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      {
        "name": "NEW YORK NY",
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      {
        "name": "NYC TRANSITIONAL-F-1",
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      {
        "name": "State of California Department of Water Resources",
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      {
        "name": "State of Oregon Department of Transportation, Series 2024A",
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      {
        "name": "NYC TRANSITIONAL-S-1A",
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      {
        "name": "GWINNETT GA SD 5% 2/1/2032",
        "value": "7056916.65",
        "weight": "0.00201255",
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      {
        "name": "LOS ANGELES UNIF SD-A",
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      {
        "name": "WASHING ST -C",
        "value": "6919700.39",
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      {
        "name": "Pennsylvania Turnpike Commission, Series 2023-1",
        "value": "6783788.40",
        "weight": "0.00193466",
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      {
        "name": "NEW YORK CITY NY MUNI",
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        "weight": "0.00191865",
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      {
        "name": "State of California",
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      {
        "name": "Louisville & Jefferson County Metropolitan Sewer District, Series 2024A",
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        "name": "MASSACHUSETTS ST",
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        "weight": "0.00182733",
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      {
        "name": "MASSACHUSETTS ST DEV FIN AGY R REGD N/C B/E 5.00000000",
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        "weight": "0.00179832",
        "shared": false
      },
      {
        "name": "Washington (State of), Series 2018 C, GO Bonds",
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      },
      {
        "name": "State of Maryland, Series 2023A",
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      {
        "name": "IN FIN REV 5% 2/1/2039",
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      {
        "name": "NYC NY 5% 8/1/2034",
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      {
        "name": "NORTHWEST TX INDEP SCH DIST REGD B/E PSF-GTD 5.00000000",
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      },
      {
        "name": "STATE OF CALIFORNIA 5.0% 04-01-49",
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      {
        "name": "MTA HUDSON RAIL YRD-A",
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      },
      {
        "name": "State of Connecticut 4.00% 01/15/2035",
        "value": "5831879.79",
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      {
        "name": "STATE OF CALIFORNIA 5.0% 09-01-31",
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      },
      {
        "name": "UNIV CA REGENTS-CE",
        "value": "5762148.00",
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      {
        "name": "NY STATE UR D 5% 3/15/2036",
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      {
        "name": "NEW YORK ST DORM AUTH SALES TAX REVENUE",
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        "weight": "0.00161221",
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      {
        "name": "Highland Park Independent School District, Series 2024",
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      {
        "name": "PRIV CLGS & UNIVS AUTH GA",
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      {
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      },
      {
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      {
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        "name": "City of Alexandria",
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        "name": "MA ST-A",
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      {
        "name": "State of California, Series 2024",
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      {
        "name": "State of Connecticut",
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        "name": "UNIV OF CA REGENTS-BQ",
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      {
        "name": "WA ST-SER R-2023A-REF",
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      {
        "name": "OH TPK 5% 2/15/2046",
        "value": "5391978.28",
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      },
      {
        "name": "Chicago Transit Authority, Series A",
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      {
        "name": "NEW YORK-D",
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      },
      {
        "name": "GREAT LAKES WTR 5.25% 7/1/2047",
        "value": "5310881.06",
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      },
      {
        "name": "WILLIAMSON CO-NTS",
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      {
        "name": "Texas Water Development Board, Series 2020",
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  },
  "error": null,
  "sources": [
    {
      "label": "N-PORT (fund A)",
      "accession_no": "0001378872-26-000869",
      "as_of": "2026-02-28",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1378872/000137887226000869/0001378872-26-000869-index.htm"
    },
    {
      "label": "N-PORT (fund B)",
      "accession_no": "0001410368-26-050059",
      "as_of": "2026-03-31",
      "edgar_url": "https://www.sec.gov/Archives/edgar/data/1454889/000141036826050059/0001410368-26-050059-index.htm"
    }
  ]
}