ETF comparison
NYFvsPZA
Both US Municipal Bond.
iShares New York Muni Bond ETF · Invesco National AMT-Free Municipal Bond ETF
Holdings overlap
245 positions appear in both funds. Buying equal dollars of NYF and PZA would leave roughly5.1%of each dollar exposed to the same underlying securities.
Side by side
Sub-score comparison
Tracking quality isn't part of the composite — seewhat we don't scorefor why.
Cost difference
NYF is 19 bps cheaper than PZA. On a $100,000 position that's about $190/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 thecost calculator pre-filled with NYF vs PZA.
Top shared holdings
245 shared in total| # | Holding | In NYF | In PZA | Overlap |
|---|---|---|---|---|
| 1 | New York State Dormitory Authority | 0.43% | 0.12% | 0.12% |
| 2 | Triborough Bridge & Tunnel Authority Sales Tax | 0.28% | 0.08% | 0.08% |
| 3 | Empire State Development Corp. | 0.10% | 0.08% | 0.08% |
| 4 | New York City Municipal Water Finance Authority | 0.16% | 0.08% | 0.08% |
| 5 | Metropolitan Transportation Authority | 0.08% | 0.08% | 0.08% |
| 6 | Battery Park City Authority | 0.11% | 0.08% | 0.08% |
| 7 | Metropolitan Transportation Authority | 0.15% | 0.07% | 0.07% |
| 8 | Triborough Bridge & Tunnel Authority | 0.43% | 0.07% | 0.07% |
| 9 | New York City Transitional Finance Authority Future Tax Secured | 0.12% | 0.07% | 0.07% |
| 10 | New York State Dormitory Authority | 0.13% | 0.07% | 0.07% |
| 11 | New York City Municipal Water Finance Authority | 0.16% | 0.07% | 0.07% |
| 12 | Hudson Yards Infrastructure Corp. | 0.35% | 0.07% | 0.07% |
Only in NYF
640 total- Battery Park City Authority0.80%
- New York City Transitional Finance Authority Future Tax Secured0.73%
- Metropolitan Transportation Authority0.65%
- Long Island Power Authority0.58%
- New York State Dormitory Authority0.51%
- New York State Dormitory Authority0.47%
- New York State Dormitory Authority0.47%
- Empire State Development Corp.0.43%
- New York City Municipal Water Finance Authority0.41%
- Monroe County Industrial Development Corp.0.40%
Only in PZA
6,419 total- California (State of) Health Facilities Financing Authority (Kaiser Permanente)0.13%
- New York (State of) Dormitory Authority0.11%
- Salt River Project Agricultural Improvement & Power District0.10%
- Texas Water Development Board0.10%
- Regents of the University of California Medical Center0.10%
- Regents of the University of California Medical Center0.10%
- Orange (County of), FL Health Facilities Authority (Orlando Health Obligated Group)0.10%
- Texas Transportation Finance Corp.0.09%
- Triborough Bridge & Tunnel Authority0.09%
- California (State of) Health Facilities Financing Authority (Cedars-Sinai Medical Center)0.09%
Open NYF 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 methodologyand 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.