EDIV vs. PFM
Compare and contrast key facts about SPDR S&P Emerging Markets Dividend ETF (EDIV) and Invesco Dividend Achievers™ ETF (PFM).
EDIV and PFM are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. EDIV is a passively managed fund by State Street that tracks the performance of the S&P Emerging Markets Dividend Opportunities Index. It was launched on Feb 23, 2011. PFM is a passively managed fund by Invesco that tracks the performance of the NASDAQ US Broad Dividend Achievers Index. It was launched on Sep 15, 2005. Both EDIV and PFM are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EDIV or PFM.
Correlation
The correlation between EDIV and PFM is 0.63, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EDIV vs. PFM - Performance Comparison
Key characteristics
EDIV:
0.95
PFM:
0.63
EDIV:
1.39
PFM:
0.98
EDIV:
1.19
PFM:
1.14
EDIV:
0.96
PFM:
0.66
EDIV:
2.57
PFM:
2.90
EDIV:
5.15%
PFM:
3.31%
EDIV:
14.01%
PFM:
15.17%
EDIV:
-53.35%
PFM:
-53.22%
EDIV:
-5.23%
PFM:
-7.40%
Returns By Period
In the year-to-date period, EDIV achieves a 2.49% return, which is significantly higher than PFM's -2.67% return. Over the past 10 years, EDIV has underperformed PFM with an annualized return of 4.11%, while PFM has yielded a comparatively higher 9.76% annualized return.
EDIV
2.49%
-1.10%
-0.64%
11.22%
13.29%
4.11%
PFM
-2.67%
-3.18%
-3.11%
9.60%
12.37%
9.76%
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EDIV vs. PFM - Expense Ratio Comparison
EDIV has a 0.49% expense ratio, which is lower than PFM's 0.53% expense ratio.
Risk-Adjusted Performance
EDIV vs. PFM — Risk-Adjusted Performance Rank
EDIV
PFM
EDIV vs. PFM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Emerging Markets Dividend ETF (EDIV) 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.
Dividends
EDIV vs. PFM - Dividend Comparison
EDIV's dividend yield for the trailing twelve months is around 4.18%, more than PFM's 1.63% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EDIV SPDR S&P Emerging Markets Dividend ETF | 4.18% | 3.94% | 4.26% | 4.94% | 3.84% | 3.52% | 3.83% | 3.41% | 2.99% | 4.93% | 5.33% | 4.84% |
PFM Invesco Dividend Achievers™ ETF | 1.63% | 1.58% | 1.86% | 1.95% | 1.69% | 1.92% | 1.94% | 2.27% | 1.70% | 2.56% | 2.36% | 1.93% |
Drawdowns
EDIV vs. PFM - Drawdown Comparison
The maximum EDIV drawdown since its inception was -53.35%, roughly equal to the maximum PFM drawdown of -53.22%. Use the drawdown chart below to compare losses from any high point for EDIV and PFM. For additional features, visit the drawdowns tool.
Volatility
EDIV vs. PFM - Volatility Comparison
The current volatility for SPDR S&P Emerging Markets Dividend ETF (EDIV) is 8.36%, while Invesco Dividend Achievers™ ETF (PFM) has a volatility of 11.28%. This indicates that EDIV experiences smaller price fluctuations and is considered to be less risky than PFM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.