Both in Securities & Investments

Invesco California AMT-Free Municipal Bond ETF vs Invesco NASDAQ Next Gen 100 ETF

Over the past year PWZ returned −3.7% and QQQJ returned +14.9%; their daily moves had a correlation of 0.36.

PWZ −3.7% QQQJ +14.9%Growth of $1, one year, split-adjusted
MetricPWZQQQJ
Price$23.37$42.57
Market cap$1.25B$1.14B
Today+0.26%+0.42%
1 month+5.3%−4.3%
6 months−3.7%+2.1%
Year to date−3.3%+15.5%
1 year−3.3%+16.6%
Revenue growth (YoY)+14.2%+14.2%
Gross margin100.0%100.0%
Net margin15.7%15.7%
P/E (TTM)——
Price / sales0.2×0.2×
Net cash-$315.8M-$315.8M
Dividend yield4.02%1.86%
Volatility (60d)7.1%18.4%
Short % of float——
Next earnings——

Shading marks the stronger figure where one clearly exists (lower is better for valuation and volatility).