Invesco National Amt-Free Municipal Bond ETF (PZA)'s 30-day implied volatility (IV30) was 7.2% at the close on October 22, 2026, up from 5.6% the day before, against a 52-week range of 1.9% to 12.1%. Its 20-day historical volatility was 10.6%.

Key numbers

30-day implied volatility (IV30): 7.2%
IV30 52-week range: 1.9% to 12.1% (median 5.0%)
Historical volatility: 20-day 10.6%, 1-year 5.7%
Implied move by the nearest expiration: ±0.4%

Data as of October 22, 2026.

PZA Implied Volatility (IV) vs Historical Volatility (HV)

Name: PZA Implied Volatility
Creator: Market Chameleon