PZA ETF largest sector is Financials at 18.7% as of Aug 5, 2026

PZA ETF largest sector is Financials at 18.7% as of Aug 5, 2026
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Financials is PZA's largest sector at 18.7% of the fund as of Aug 5, 2026. PZA is Invesco National AMT-Free Municipal Bond ETF.

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Sector Concentration AnalysisPRO

Top 3 Sectors
PRO
of total portfolio
Concentration Level
PRO
concentration risk
Largest Sector
PRO
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Sector AllocationPRO

Sector BreakdownPRO

SectorHoldingsWeight
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Industry BreakdownPRO

Top 15 industries by allocation

PZA ETF Sector Allocation

PZA sector allocation breaks down across Financials (12.5%), Utilities (2.4%), Health Care (2.2%), Industrials (2.2%), Consumer Discretionary (1.7%). Across 6806 holdings, this breakdown reveals the ETF's investment focus and diversification.

PZA sector exposure is important for understanding concentration risk. The fund shows reasonable diversification across sectors.

PZA by country shows geographic exposure. PZA overlap reveals how sector exposure compares with other funds.

PZA ETF Sector Allocation

Sector Concentration Analysis

Top 3 Sectors

25.2%

of total portfolio

Concentration Level

Low

concentration risk

Largest Sector

18.7%

Financials

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Sector Breakdown

  • 1Financials
    18.68%
  • 2Utilities
    3.89%
  • 3Industrials
    2.63%
  • 4Health Care
    2.55%
  • 5Consumer Discretionary
    1.86%
  • 6Real Estate
    1.45%

Industry Breakdown (Top 15)

Specialized Finance
10.3%
443 holdings
Thrifts & Mortgage Finance
4.8%
199 holdings
Diversified Banks
2.2%
100 holdings
Multi-Utilities
2.2%
118 holdings
Health Care Facilities
2.1%
63 holdings
Education Services
1.8%
119 holdings
Multi-Sector Holdings
1.1%
41 holdings
Construction & Engineering
1.0%
43 holdings
Real Estate Development
0.8%
43 holdings
Water Utilities
0.8%
46 holdings
Highways & Railtracks
0.6%
19 holdings
Gas Utilities
0.5%
14 holdings
Health Care Services
0.5%
14 holdings
Electric Utilities
0.4%
25 holdings
Diversified Real Estate Activities
0.4%
12 holdings