BUYZ vs. PFM

Last updated Jun 5, 2026

BUYZ (Franklin Disruptive Commerce ETF) and PFM (Invesco Dividend Achievers™ ETF) are both Large Cap Growth Equities funds. BUYZ is actively managed, while PFM is passively managed. Over the past 5 years, BUYZ returned -6.77%/yr vs 10.71%/yr for PFM. A 0.55 correlation means they provide meaningful diversification when combined. BUYZ charges 0.50%/yr vs 0.53%/yr for PFM.

Performance

BUYZ vs. PFM - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin Disruptive Commerce ETF (BUYZ) and Invesco Dividend Achievers™ ETF (PFM). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BUYZ achieves a -14.51% return, which is significantly lower than PFM's 8.52% return.

BUYZ

• 1D: 1.29%
• 1M: -1.95%
• YTD: -14.51%
• 6M: -15.65%
• 1Y: -13.45%
• 3Y*: 11.23%
• 5Y*: -6.77%
• 10Y*: —

PFM

• 1D: 0.32%
• 1M: 2.96%
• YTD: 8.52%
• 6M: 8.38%
• 1Y: 20.19%
• 3Y*: 16.54%
• 5Y*: 10.71%
• 10Y*: 11.82%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BUYZ vs. PFM - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
BUYZ Franklin Disruptive Commerce ETF	-14.51%	8.70%	28.25%	39.13%	-49.81%	-19.38%	111.45%
PFM Invesco Dividend Achievers™ ETF	8.52%	14.00%	16.87%	11.40%	-6.22%	23.08%	20.77%

Correlation

The correlation between BUYZ and PFM is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Mar 2, 2020	0.55

The correlation between BUYZ and PFM shifts across timeframes, from 0.48 (1 year) to 0.63 (5 years), reflecting how their relationship changes across market environments.

BUYZ vs. PFM - Sectors Allocation Comparison

Sectors	BUYZ	PFM
Consumer Cyclical	41.0%	4.0%
Communication Services	21.9%	1.1%
Technology	15.9%	24.7%
Financial Services	7.8%	18.5%
Consumer Defensive	6.1%	12.0%
Industrials	4.7%	11.1%
Real Estate	2.5%	2.0%
Healthcare	0.7%	14.9%
Basic Materials	-	3.0%
Energy	-	4.7%
Utilities	-	4.2%

Return for Risk

BUYZ vs. PFM — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BUYZ

BUYZ Risk / Return Rank: 4
BUYZ Sharpe Ratio Rank: 4
BUYZ Sortino Ratio Rank: 4
BUYZ Omega Ratio Rank: 4
BUYZ Calmar Ratio Rank: 5
BUYZ Martin Ratio Rank: 5

PFM

PFM Risk / Return Rank: 65
PFM Sharpe Ratio Rank: 66
PFM Sortino Ratio Rank: 70
PFM Omega Ratio Rank: 66
PFM Calmar Ratio Rank: 58
PFM Martin Ratio Rank: 65

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BUYZ vs. PFM - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin Disruptive Commerce ETF (BUYZ) and Invesco Dividend Achievers™ ETF (PFM). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BUYZ	PFM	Difference
Sharpe ratio: Return per unit of total volatility	-0.61	2.14	-2.75
Sortino ratio: Return per unit of downside risk	-0.71	3.15	-3.85
Omega ratio: Gain probability vs. loss probability	0.91	1.39	-0.47
Calmar ratio: Return relative to maximum drawdown	-0.44	2.86	-3.30
Martin ratio: Return relative to average drawdown	-0.89	11.59	-12.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BUYZ vs. PFM - Sharpe Ratio Comparison

The current BUYZ Sharpe Ratio is -0.61, which is lower than the PFM Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of BUYZ and PFM, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BUYZ	PFM	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.61	2.14	-2.75
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.25	0.79	-1.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.19	0.53	-0.33

Drawdowns

BUYZ vs. PFM - Drawdown Comparison

The maximum BUYZ drawdown since its inception was -68.04%, which is greater than PFM's maximum drawdown of -53.21%. Use the drawdown chart below to compare losses from any high point for BUYZ and PFM.

Drawdown Indicators

	BUYZ	PFM	Difference
Max Drawdown Largest peak-to-trough decline	-68.04%	-53.21%	-14.83%
Max Drawdown (1Y) Largest decline over 1 year	-30.85%	-7.09%	-23.76%
Max Drawdown (3Y) Largest decline over 3 years	-30.85%	-14.50%	-16.35%
Max Drawdown (5Y) Largest decline over 5 years	-63.32%	-17.81%	-45.51%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.22%	—
Current Drawdown Current decline from peak	-44.82%	0.00%	-44.82%
Average Drawdown Average peak-to-trough decline	-38.76%	-6.94%	-31.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	15.20%	1.75%	+13.45%

Volatility

BUYZ vs. PFM - Volatility Comparison

Franklin Disruptive Commerce ETF (BUYZ) has a higher volatility of 5.10% compared to Invesco Dividend Achievers™ ETF (PFM) at 1.95%. This indicates that BUYZ's price experiences larger fluctuations and is considered to be riskier than PFM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BUYZ	PFM	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.10%	1.95%	+3.15%
Volatility (6M) Calculated over the trailing 6-month period	17.15%	7.13%	+10.02%
Volatility (1Y) Calculated over the trailing 1-year period	22.22%	9.46%	+12.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.17%	13.54%	+13.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.91%	15.20%	+14.71%

BUYZ vs. PFM - Expense Ratio Comparison

BUYZ has a 0.50% expense ratio, which is lower than PFM's 0.53% expense ratio.

Dividends

BUYZ vs. PFM - Dividend Comparison

BUYZ has not paid dividends to shareholders, while PFM's dividend yield for the trailing twelve months is around 1.33%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BUYZ Franklin Disruptive Commerce ETF	0.00%	0.00%	0.07%	0.00%	0.00%	0.77%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PFM Invesco Dividend Achievers™ ETF	1.33%	1.41%	1.58%	1.86%	1.95%	1.69%	1.92%	1.94%	2.27%	1.70%	2.56%	2.36%

Frequently Asked Questions

Can I hold both BUYZ and PFM in my portfolio?

BUYZ and PFM have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BUYZ or PFM?

BUYZ has higher volatility (5.10%) compared to PFM (1.95%). In terms of maximum drawdown, BUYZ dropped -68.04% vs PFM's -53.21%.

Which ETF is better, BUYZ or PFM?

On 5-year performance, PFM leads with 10.71% vs -6.77% for BUYZ. On fees, BUYZ is cheaper at 0.50% per year. On volatility, PFM has been the lower-risk option at 1.95%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BUYZ or PFM?

Over the 5-year period, PFM has performed better with a 10.71% return vs -6.77%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BUYZ or PFM?

BUYZ is cheaper with a 0.50% expense ratio, compared with 0.53% for PFM.

Which ETF pays a higher dividend yield, BUYZ or PFM?

PFM has the higher dividend yield at 1.33%, compared with 0.00% for BUYZ.

What is the main difference between BUYZ and PFM?

They also come from different issuers: Franklin Templeton and Invesco. Their fees differ too: 0.50% for BUYZ and 0.53% for PFM.

Which has better risk-adjusted returns?

PFM currently has the higher Sharpe Ratio (2.14 vs -0.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.