ETF comparison
AGG vs PZA
US Aggregate Bond vs US Municipal Bond.
iShares Core U.S. Aggregate Bond ETF · Invesco National AMT-Free Municipal Bond ETF
Holdings overlap
0 positions appear in both funds. Buying equal dollars of AGG and PZA would leave roughly 0.0% of each dollar exposed to the same underlying securities.
Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — see what we don't score for why.
Cost difference
AGG is 25 bps cheaper than PZA. On a $100,000 position that's about $250/yr more in fees for PZA.
Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with AGG vs PZA.
Top shared holdings
0 shared in totalNo shared holdings between these funds.
Only in AGG
13,266 total- United States Treasury 0.42%
- United States Treasury 0.41%
- United States Treasury 0.41%
- United States Treasury 0.40%
- United States Treasury 0.40%
- United States Treasury 0.39%
- United States Treasury 0.39%
- United States Treasury 0.39%
- United States Treasury 0.39%
- United States Treasury 0.38%
Only in PZA
6,664 total- California (State of) Health Facilities Financing Authority (Kaiser Permanente) 0.13%
- New York (State of) Dormitory Authority 0.12%
- New York (State of) Dormitory Authority 0.11%
- Salt River Project Agricultural Improvement & Power District 0.10%
- Texas Water Development Board 0.10%
- Regents of the University of California Medical Center 0.10%
- Regents of the University of California Medical Center 0.10%
- Orange (County of), FL Health Facilities Authority (Orlando Health Obligated Group) 0.10%
- Texas Transportation Finance Corp. 0.09%
- Triborough Bridge & Tunnel Authority 0.09%
Related comparisons
More comparisons with AGG
- AGG vs SCHP · Schwab U.S. TIPS ETF 0.0%
- AGG vs SCMB · Schwab Municipal Bond ETF 0.0%
- AGG vs SGOV · iShares 0-3 Month Treasury Bond ETF 0.0%
- AGG vs SHM · State Street SPDR Nuveen ICE Short Term Municipal Bond ETF 0.0%
- AGG vs SHYG · iShares 0-5 Year High Yield Corporate Bond ETF 0.0%
- AGG vs SRLN · State Street Blackstone Senior Loan ETF 0.0%
More comparisons with PZA
- PZA vs BAB · Invesco Taxable Municipal Bond ETF 0.0%
- PZA vs BND · Vanguard Total Bond Market Index Fund ETF Shares 0.0%
- PZA vs BNDX · Vanguard Total International Bond Index Fund ETF Shares 0.0%
- PZA vs GOVT · iShares U.S. Treasury Bond ETF 0.0%
- PZA vs SCHP · Schwab U.S. TIPS ETF 0.0%
- PZA vs SCHZ · Schwab U.S. Aggregate Bond ETF 0.0%
Percentages are holdings overlap with the named fund.
Open AGG or PZA at a brokerage
Both funds trade commission-free at major US brokerages.
Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.
Holdings overlap is the sum of min(weight_a, weight_b) over positions
matched on ISIN (CUSIP fallback). Methodology: see
/methodology/.
Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.