Skip to Content
ETFs

Invesco Exchange-Traded Fund Trust Invesco Dividend Achievers ETF

PFM
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 15 2005
Expense Ratio
0.53%
Type
US Equities
Fund Owner
Invesco
Volume (1m avg. daily)
$958,498
AUM
$613,256,362
Associated Index
NASDAQ US Broad Dividend Achievers Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

MSFT
Microsoft Corporation
3.99%
AAPL
Apple Inc
3.84%
UNH
Unitedhealth Group Inc
2.78%
XOM
Exxon Mobil Corp.
2.73%
WMT
Walmart Inc
2.59%
JPM
JPMorgan Chase & Co.
2.51%
JNJ
Johnson & Johnson
2.29%
V
Visa Inc - Ordinary Shares - Class A
2.24%
MA
Mastercard Incorporated - Ordinary Shares - Class A
2.23%
PG
Procter & Gamble Co.
2.12%
Invest with PFM

What is PFM?

The Invesco Dividend Achievers ETF (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend Achievers Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The Fund and the Index are reconstituted annually in March and rebalanced quarterly in March, June, September and December.

ETFs related toPFM

ETFs correlated to PFM include VIG, DGRO, DLN

PFM
Invesco Capital Management LLC - Invesco Dividend Achievers ETF
VIG
Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF
DGRO
BlackRock Institutional Trust Company N.A. - iShares Core Dividend Growth ETF
DLN
WisdomTree Trust - WisdomTree U.S. LargeCap Dividend Fund
TDVG
T. Rowe Price ExchangeTraded Funds Inc - T. Rowe Price Dividend Growth ETF
DGRW
WisdomTree Trust - WisdomTree U.S. Quality Dividend Growth Fund
ROUS
Lattice Strategies Trust - Hartford Multifactor US Equity ETF
DTD
WisdomTree Trust - WisdomTree U.S. Total Dividend Fund
ILCV
BlackRock Institutional Trust Company N.A. - iShares Morningstar Value ETF
SCHV
Schwab Strategic Trust - Schwab U.S. Large-Cap Value ETF
NULV
Nuveen Fund Advisors LLC - Nuveen ESG Large-Cap Value ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toPFM

#RB

Rotating Bonds

Category

Getting Defensive, Diversification

Risk Rating

Moderate

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with PFM using Composer

FAQ

PFM is a US Equities ETF. The Invesco Dividend Achievers ETF (Fund) seeks to replicate, before fees and expenses, the NASDAQ US Broad Dividend Achievers Index (Index), which is designed to identify a diversified group of dividend-paying companies. The Fund will normally invest at least 90% of its total assets in dividend paying common stocks that comprise Index. These companies have increased their annual dividend for 10 or more consecutive fiscal years. The Fund and the Index are reconstituted annually in March and rebalanced quarterly in March, June, September and December.

PFM tracks the NASDAQ US Broad Dividend Achievers Index.

PFM dividend information: Dividend - Regular Payors. Dividend payouts may vary in terms of frequency of payouts.

No, PFM is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, PFM is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on PFM is -0.0083%. This is the percent change in the value of PFM over the most recent 1-month period. The 3-month return on PFM is -0.0014%. This is the percent change in the value of PFM over the most recent 3-month period.

The standard deviation of PFM for the past year is 0.1447%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to PFM include VYM, DFAS, and DFAT.

ETFs correlated to PFM include VIG, DGRO, and DLN.

ETFs that are inversely correlated to PFM include DOG, SDOW, and DXD.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.