PZA vs VCIT: Holdings Overlap
PZAInvesco National AMT-Free Municipal Bond ETF
Invesco · 6664 holdings · $4.2B · as of 2026-05-31
VCITVanguard Intermediate-term Corporate Bond Index Fund
Vanguard · 2302 holdings · $67.6B · as of 2026-05-31
How similar are PZA and VCIT?
Invesco National AMT-Free Municipal Bond ETF (PZA, by Invesco) holds 6664 positions; Vanguard Intermediate-term Corporate Bond Index Fund (VCIT, by Vanguard) holds 2302. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0PZA holds 6664 · VCIT holds 2302
- Weight in Shared Holdings
- PZA 0%·VCIT 0%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in PZA
6664 of 6664 positions (95.8% of the fund) are not held by VCIT. Showing the top 30 by weight.
- California (State of) Health Facilities Financing Authority (Kaiser Permanente), Subseries 2017 A-2, RB0.13%
- New York (State of) Dormitory Authority, Series 2024 A, Ref. RB0.12%
- New York (State of) Dormitory Authority, Series 2020 D, Ref. RB0.11%
- Salt River Project Agricultural Improvement & Power District, Series 2025 C, RB0.10%
- Texas Water Development Board, Series 2025, RB0.10%
- Regents of the University of California Medical Center, Series 2022 P, RB0.10%
Only in VCIT
2302 of 2302 positions (98.8% of the fund) are not held by PZA. Showing the top 30 by weight.
- Amazon.com, Inc.0.30%
- Boeing Co. (The)0.28%
- Meta Platforms, Inc.0.27%
- Bank of America Corp.0.27%
- Pfizer Investment Enterprises Pte. Ltd.0.27%
- Oracle Corp.0.27%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| PZA | -1.4% | +1.7% | +7.9% | +3.2% | -0.3% | +1.7% | 3.74% |
| VCIT | -0.2% | -0.0% | +2.8% | +6.0% | +0.9% | +2.7% | 4.87% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in PZA vs VCIT →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do PZA and VCIT overlap?
PZA and VCIT overlap by 0.0% of portfolio weight. They share 0 holdings (PZA holds 6664 positions and VCIT holds 2302), based on each fund's latest SEC-reported holdings.
Is it redundant to own both PZA and VCIT?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does PZA own that VCIT doesn't?
6664 positions (95.8% of PZA) are unique to PZA, led by California (State of) Health Facilities Financing Authority (Kaiser Permanente), Subseries 2017 A-2, RB, New York (State of) Dormitory Authority, Series 2024 A, Ref. RB and New York (State of) Dormitory Authority, Series 2020 D, Ref. RB. In the other direction, 2302 positions (98.8% of VCIT) are unique to VCIT.